Rising threat of insider mischiefs across private and government sectors along with increasing financial frauds are majorly driving the user and entity behavior analytics (UEBA) market. Detection by UEBA in case of insider attacks, brute-force attacks, compromised attacks and other possible threats is likely to foster its application across end-user industries. Additionally, rising cases of data breaches followed by increasing investment in threat prevention technologies by giant industry players are fueling the market growth. Rising need for real-time analytics in organizations is another factor boosting the UEBA market growth. As per the latest report added by Value Market Research, User And Entity Behavior Analytics (UEBA) Market was valued at USD 185.6 MN in 2017 and is projected to reach USD 2453.4 MN by 2024, with a CAGR of 44.3%.

SOLUTION LED THE TYPE SEGMENT

By type, solution dominated the segment owing to the increase in cases of data breaches across the organization which lead to the adoption of a solution for data security is the key factor driving the demand. As per the analysis, the solution is anticipated to reach USD XX.X MN by 2024.



ON-PREMISES DOMINATED THE DEPLOYMENT TYPE SEGMENT

On-premise has dominated the deployment type owing to its ability to operate with in-house server coupled with personalized connection security and control over people, process and system are driving the segment growth. Additional features such as expand and adopt changes according to the requirement are again expected to fuel the market growth. On-premise is expected to reach USD XX.X MN by end of the year 2024.



BY VERTICAL, FINANCIAL SERVICES AND INSURANCE LED THE SEGMENT

The increasing number of customers in banking and finance sector are increasing the risk of cyber-crimes and thus, the UEBA is widely used by insurance companies and banking sectors as it allows easy access to payments services and deposit; this also reduces the treats at the same as it notifies the fraudulent transaction. Financial services and insurance sector is presumed to reach USD XX.X MN by the end of 2024.



BY 2024, ASIA PACIFIC TO LEAD THE REGIONAL MARKET

In 2017, North America dominated the regional segment owing to increasing cases of data breach coupled with rising demand for real-time analytics has driven the North America Market. Whereas, it is analyzed that, by 2024, Asia Pacific will dominate the regional market owing to rising use for security of web application coupled with rising demand from end-user industries are likely to foster the market growth.



KEY PLAYERS OF THE USER AND ENTITY BEHAVIOR ANALYTICS MARKET

Major players of the market are Bay Dynamics, Dtex Systems, Exabeam, Inc., Gurucul, Niara, Inc., Rapid7, Securonix, Splunk, Inc., Sqrrl Data, Inc. and Varonis Systems, Inc. By type, solution dominated the segment owing to the increase in cases of data breaches across the organization which lead to the adoption of a solution for data security is the key factor driving the demand. As per the analysis, the solution is anticipated to reach USD XX.X MN by 2024.On-premise has dominated the deployment type owing to its ability to operate with in-house server coupled with personalized connection security and control over people, process and system are driving the segment growth. Additional features such as expand and adopt changes according to the requirement are again expected to fuel the market growth. On-premise is expected to reach USD XX.X MN by end of the year 2024.The increasing number of customers in banking and finance sector are increasing the risk of cyber-crimes and thus, the UEBA is widely used by insurance companies and banking sectors as it allows easy access to payments services and deposit; this also reduces the treats at the same as it notifies the fraudulent transaction. Financial services and insurance sector is presumed to reach USD XX.X MN by the end of 2024.In 2017, North America dominated the regional segment owing to increasing cases of data breach coupled with rising demand for real-time analytics has driven the North America Market. Whereas, it is analyzed that, by 2024, Asia Pacific will dominate the regional market owing to rising use for security of web application coupled with rising demand from end-user industries are likely to foster the market growth.Major players of the market are Bay Dynamics, Dtex Systems, Exabeam, Inc., Gurucul, Niara, Inc., Rapid7, Securonix, Splunk, Inc., Sqrrl Data, Inc. and Varonis Systems, Inc.

As per this study, the global user and entity behavior analytics (UEBA) market was valued USD XXX.X MN (by revenue) in 2019 and is anticipated to reach USD XXXX.X MN by 2026 with a CAGR of XX.X%.



User and entity behavior analytics (UEBA) offers a comprehensive solution in the form of cyber security process which offers profiling and anomaly detection based on a range of analytic approaches. UEBA solution uses both machine learning-based behavioral analytics and real-time scenario-based threat detection to provide complete coverage in detecting user-based threats. These combined basic analytics methods integrate workflow for detection and response to discover potential incidents, providing a highly efficient solution for recognizing and mitigating user-based threats.



Market Dynamics



Rising cases of insider threat not only impacts organizational data security but also to national and economic data security. In the light of this, demand for UEBA is growing. The growth of the market can also be attributed to the rising adoption of user and entity behavior analytics solutions across various industries. Additionally, the growing use of cloud computing, as a service for outsourcing market is again propelling the market growth. Lack of awareness regarding insider threats and trained professionals is restraining the market growth.



This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of user and entity behavior analytics (UEBA).



Market Segmentation



The broad user and entity behavior analytics (UEBA) market has been sub-grouped into type, deployment type and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.



By Type Market Share 2019







By Type Solution Insider Threats Compromised Credentials Data Loss Prevention Others

Services Implementation Ongoing Optimization



By Deployment Type On-Premises

Cloud

By Vertical Financial Services & Insurance

Retail & E-Commerce

Energy & Utility

IT & Telecom

Healthcare

Defense & Government

Others

Regional Analysis



Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for user and entity behavior analytics (UEBA) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.



Europe User And Entity Behavior Analytics (UEBA) Market By Revenue (USD MN)







The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the user and entity behavior analytics (UEBA) market includes Bay Dynamics, Dtex Systems, Exabeam, Inc., Gurucul, Niara, Inc., Rapid7, Securonix, Splunk, Inc., Sqrrl Data, Inc., and Varonis Systems, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.



METHODOLOGY:



A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for user and entity behavior analytics (UEBA) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the user and entity behavior analytics (UEBA) market includes Bay Dynamics, Dtex Systems, Exabeam, Inc., Gurucul, Niara, Inc., Rapid7, Securonix, Splunk, Inc., Sqrrl Data, Inc., and Varonis Systems, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.