List of Top Behavioral Analytics Brands in the Worldwide 2028| MarkNtel

Market Insights

As per recent research by MarkNtel Advisors, 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.

Global Behavioral Analytics Market Drivers:

A Swift Surge in Number of Unnoticed Cyberattacks - The market is expected to experience significant growth from 2023 to 2028, primarily driven by the escalating number of unnoticed cyberattacks. In today's digital landscape, organizations recognize the importance of implementing security tools that analyze user behavior within their networks and endpoints to identify anomalies. However, the mounting prevalence of under-the-radar cyber threats presents a considerable challenge in effectively detecting, diagnosing, and responding to these attacks.

As a result, the demand for behavioral analytics solutions has reached unprecedented levels as organizations strive to enhance their cybersecurity posture and proactively defend against evolving threats. This aspect is anticipated to continue driving the growth of the market in the coming years.

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Market Segmentation and Consumer Behavior:

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.)

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Behavioral Analytics Market Geographical Analysis:

By Region:

North America
South America
Europe
Asia Pacific
Middle East and Africa

Key Players and Competitive Strategies in the Behavioral Analytics Market

Several prominent players dominate the Behavioral Analytics Market, including:

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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Questions Addressed in this Study

1.What factors are driving the Behavioral Analytics Market growth?

2.How is the Behavioral Analytics Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Behavioral Analytics Market?

4.What is the current size of the Behavioral Analytics Market, and how is it projected to change in the future?

5.What is the future outlook for the Behavioral Analytics Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.