North America Behavior Analytics Market Surge Towards Solid Growth by 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-18
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North America Behavior Analytics Market Surge Towards Solid Growth by 2024

A Graphical Research report, titled “North America Behavior Analytics Market size by Deployment Model, Component, End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2017 – 2024”,predicted to cross USD 2 billion by 2024.

The North America behavior analytics market is driven by the increasing adoption of the cloud-based services among the SMBs in the region. The SMBs are leveraging on the capabilities of the cloud computing due to the cost-effectiveness, flexibility, and scalability of the technology. Furthermore, the integration of advanced analytics solutions and intelligent algorithms to detect the malicious activities also fosters the market growth. The behavior analytics solutions offer real-time analytics by monitoring the user behavior, malicious activities, and vulnerabilities to identify the potential threats even before they occur and mitigate the impact of attacks. 

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Solutions are leading the component landscape in the North America behavior analytics market with a market share of over 70% in the revenue in 2016. The growth of the market is credited to the growing demand for customized solutions among the industry verticals. The integration of the advanced analytics solutions and the use of intelligent algorithms, such as machine learning and deep learning, to detect malicious activities will also foster the market growth.

Services market is projected to grow at a CAGR of over 48% during the forecast timeline. The market is driven by the growing demand for integration and deployment services among the organizations. Furthermore, the growing need among organizations to focus on core business competencies also augments the demand for the managed services.

Healthcare is anticipated to be the most lucrative sector for the behavior analytics solutions during the forecast period. The healthcare sector is estimated to attain a growth rate of over 45% during the forecast period. The increasing risk of insider attacks among the healthcare institutes is the primary factor propelling the demand.  

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1074/north-america-behavior-analytics-market

The key vendors of the behavior analytics solutions are Bay dynamics, Splunk, Inc., Securonic, Inc., Exabeam, Gurucul, Niara, Inc., Sqrrl Data, Inc., Dtex Systems, Rapid7, Veronis, Logrhythm, Vectra Networks, IBM, McAfee, and HPE.

Segments We Cover:

North America Behavior Analytics Market, By Deployment model
On-premise
Cloud

North America Behavior Analytics Market, By Component
Solution
Service

North America 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:
U.S.
Canada

Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1074/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

2.    Europe 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 (UK, Germany, France, Italy, Spain, Rest of Europe), 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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