User & Entity Behavior Analytics Market worth $ 908.3 Million by 2021 User and Entity Behavior Analytics Market | Page 2
13/10/2016
User and Entity Behaviour Analytics Market Worth USD 908.3 Million by 2021
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The global User and Entity Behaviour Analytics Market is primarily driven by increasing need to
prevent insider threats posed by users, growing usage of real‑time analytics in various organizations,
and shortage of trained security professionals.
"Among deployment types, the cloud segment of the global User and Entity Behaviour
Analytics Market is projected to grow at the highest CAGR during the forecast period."
The global User and Entity Behaviour Analytics Market, by deployment model has been segmented
into on‑premises and cloud. The cloud segment of the global User and Entity Behaviour Analytics
Market projected to grow at the highest CAGR during forecast period, 2016 to 2021. Presently, cloud‑
based deployment is limited as compared to on‑premises deployment as user and entity behaviour
analytics tools integrate data obtained from various sources, which companies do not want to expose
on cloud. However, the usage of the cloud‑based deployment is expected to increase during the
forecast period as cloud‑based user and entity behaviour analytics tools enable efficient handling of
sensitive data, thereby encouraging enterprises to adopt cloud‑based deployment solutions.
"Among solutions, the data loss prevention type segment of the global User and Entity
Behaviour Analytics Market is projected to grow at the highest CAGR between 2016 and 2021."
The data loss protection solutions are primarily deployed for locating sensitive data as well as
detecting and blocking movement of data outside organizations. Data loss prevention solutions
enable organizations to mitigate risks from cyber‑attacks and insider threats by using enhanced
products that track data on real‑time basis. This real‑time tracking of data is leveraged by various key
players, such as Splunk Inc. and Securonix, which has helped them to achieve leading position in the
global User and Entity Behaviour Analytics Market. Among solutions, the data loss prevention type
segment of the global User and Entity Behaviour Analytics Market is projected to grow at the highest
CAGR during the forecast period.
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