Behavior Analytics Market in Europe is projected to surpass $1.2 bn by 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-13
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Behavior Analytics Market in Europe is projected to surpass $1.2 bn by 2024

Europe Behavior Analytics Market analysis based on Deployment Model, Component, End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2017 – 2024, estimated to exceed USD 1.2 billion by 2024, according to a new research report by Graphical Research.

The Europe behavior analytics market is driven by the increasing incidences of insider attacks across several industry sectors. Over the past decade, the region has witnessed a significant growth in the number of cybercrime incidences. Most of these breaches have originated through inside sources due to the widespread adoption of BYOD among enterprises. The businesses across the region have responded by upgrading their security infrastructures and incorporating the latest security solutions across their networks. The behavior analysis solutions enable the real-time analysis of security inefficiencies to detect the potential threats that can compromise the safety of the network.     

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Solutions market account for over 72% of the market revenue in 2016. The growth of the market is credited to the growing demand for dynamic data. These solutions reduce the manual decision making & the overall alert time. The behavior analysis solutions improve investigative efficiency and integrate various security solutions to reduce the number of false alerts.   

Retail is projected to be a profitable sector for the behavior analytics solutions over the forecast timespan. The retail sector is estimated to attain a growth rate of over 44% during the forecast period. The behavior analysis solutions are used to identify potential sources data exfiltration and atypical movement of IP before its exits the system. These solutions enable the transparent and comprehensive investigation with advanced analytic algorithms, such as machine learning and artificial intelligence, which are tuned toward identifying specific behavioral risks.  

The major companies of the behavior analytics solutions are Lifecycle Management, Acework, Lastline, LogRhythm, Lumeta, SecBI, Exabeam, Immune System, Awake Security, Aruba, Darktrace Enterprise, Antigena, and Arctic Wolf Networks. The companies operating in the segment are forming partnerships with other expert companies and government agencies to gain an edge over its competitors. For instance, in 2017, the company entered into a strategic partnership with NESIC to accelerate the adoption AI technology in cyber defense solutions in Japan.

Browse key industry insights from this report Europe Behavior Analytics Market in detail along with the table of contents at:
https://www.graphicalresearch.com/industry-insights/1075/europe-behavior-analytics-market

Segments We Cover:

Europe Behavior Analytics Market, By Deployment model
On-premise
Cloud

Europe Behavior Analytics Market, By Component
Solution
Compromised credential detection solutions
Insider threat detection solutions
Loss prevention solutions
Others
Service
Professional services
Managed services

Europe Behavior Analytics Market, By End-Use

BFSI
IT & Telecommunication
Defense
Government organizations
Retail & E-commerce
Healthcare
Energy & Utility
Others

The above information has been provided for the following countries:

Germany
France
Italy
Spain
UK

Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1075/inquiry-before-buying

Related Reports:

  1. Asia Pacific Behavior Analytics Market Size, By Deployment Model (On Premise, Cloud), By Component (Solution, Service), By End-Use (BFSI, IT & Telecommunication, Defense, Government Organization, Retail & E-Commerce, Healthcare, Energy & Utility) Industry Analysis Report, Regional Outlook (Australia, China, India, Japan, Rest of Asia Pacific), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
  1. North America Behavior Analytics Market Size, By Deployment Model (On Premise, Cloud), By Component (Solution, Service), By End-Use (BFSI, IT & Telecommunication, Defense, Government Organization, Retail & E-Commerce, Healthcare, Energy & Utility, and Others) Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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