Security Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Albany, NY -- (SBWIRE) -- 05/18/2016 -- A new report from Transparency Market Research, titled 'Security Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024,' states that the global market is expected to benefit from the growing adoption of security analytics systems by small and medium sized organizations.
Security analytics tools are used for data collection, linking, filtering, and integrating. In the global market, there are various security analytics tools that provide a comprehensive summary of the security of a company's digital infrastructure. Some of the security analytics tools are also used for monitoring, forensics, reporting and visualization, data loss prevention, intrusion detection and prevention systems, and malware scanners. Principles and values of security analytics are equally applicable to all organizations that have many devices connected to the internal network including mobile devices, routers, desktop computer, and data servers. For the past few years, there has been an increased adoption of security analytics across the world. Some of the factors leading to the increasing adoption and acceptance of security analytics are the constantly increasing scope of internal networks and their connected devices, theft, threat of data loss, and rising data breaches. The availability of many security analytics tools is further expected to boost the global security analytics market in the years to come.
As leading vendors are concentrating on consolidating businesses, the global security analytics market is set for rapid change. Developers are planning to introduce new security analytics tools with innovative features. Going forward, the tools for on-premise deployment will also be available on the cloud deployment platform. The openness of small and medium-sized organizations to adopt security analytics is increasing significantly. All these factors are predicted to benefit the global security analytics market in the near future. Over a period of time, the deployment of virtual machine mode of security analytics is also expected to be high among small and medium-sized organizations.
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The global security analytics market is highly competitive with many players trying to increase their share in the market. Based on geography, the global security analytics market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The presence of many companies with innovative digital infrastructure is expected to propel the North America security analytics market. With the increasing number of small and medium-sized players operating in Asia Pacific, this region is expected to register rapid growth in the near future.
The entry of new companies is expected to make the global security analytics market more competitive. Some of the key companies operating in the global market are Lancope, Juniper Networks, Arbor Networks, Click Security, IBM, EMC RSA Security, and Dell SecureWorks.
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