Behavioral Analytics Market

Behavioral Analytics Market Expects CAGR Growth to Approx. 40% by 2028 As Revealed in New Report

Report Overview:

The following report titled “Global Behavioral Analytics MarketBy Component (Solution, Services), By Deployment Type (On-Cloud, Premise)and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Behavioral Analytics Market Summary

The Global Behavioral Analytics Market is valued at USD 1.5 billion in 2023 and is projected to grow at a CAGR of more than 40% during the forecast period, i.e., 2023-28. Such soaring growth can be predominantly attributed to the rapid technological advancements in developing a high-tech landscape for the Internet of Things (IoT), coupled with the growing need to strengthen the security system of organizations due to the increasing cases of cyber threats.

Report Coverage & Details

  • Forecast Period: 2023–2028
  • Base Year: 2022
  • Market Size in 2023: USD 1.5 Billion
  • CAGR: 40%

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Behavioral Analytics Market Trend:

Popularity of Work-from-Home or Remote Working – During and after the COVID-19 Outbreak, most industries moved swiftly toward remote working, creating the need to secure data as working from home exposes an organization to critical threats. As a result, the market witnessed a surge in its adoption, which, in turn, increased the market size.

Segmentation Analysis: Behavioral Analytics Market

By Component

  • Solution
    • Compromised Credential Detection Solutions
    • Insider Threat Detection Solutions
    • Loss Prevention Solution
    • Others
  • Services
    • Professional Services
    • Managed Services

By Deployment Type

  • On-Cloud
  • Premise

By Organization Size

  • Large Size Organization
  • Small & Medium Size Organization

By Industry Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • IT & Telecommunication
  • Manufacturing
  • Healthcare
  • Retail & E-commerce
  • Others (Energy & Utilities, etc.)

By Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

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Region: North AmericaHolds a Major Market Share

Among them, North America acquired most of the market share and is projected to dominate the market through 2028.

Leading Players Analysis: Behavioral Analytics Market

The report provides detailed analysis of key players in the global Behavioral Analytics market, highlighting their strategies and competitive scenario.

  • IBM Corporation
  • Microsoft Corporation
  • Splunk Inc.
  • Varonis Systems Inc.
  • Exabeam Inc.
  • Niara Inc.
  • SAP SE
  • Oracle Corporation
  • NTT Data Corporation
  • Tibco Software Inc.
  • Others

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