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The User and Entity Behavior Analytics (UEBA) market has been witnessing significant trends and transformations, reflecting the evolving landscape of cybersecurity. UEBA is a crucial component in the realm of information security, focusing on detecting and responding to anomalous behavior exhibited by both users and entities within an organization's network. One prominent trend in this market is the growing adoption of advanced analytics and machine learning algorithms. Organizations are increasingly leveraging these technologies to analyze vast amounts of data and identify patterns indicative of potential security threats.
Furthermore, the UEBA market is witnessing a shift towards a more proactive approach to cybersecurity. Traditionally, security measures were primarily reactive, responding to incidents after they occurred. However, with the rise of UEBA solutions, organizations are embracing a proactive stance by continuously monitoring and analyzing user and entity behavior to identify potential threats before they escalate. This shift is driven by the recognition that early detection is key to mitigating the impact of cyber threats.
Another notable trend is the integration of UEBA with other cybersecurity solutions and platforms. Organizations are recognizing the need for a comprehensive and interconnected security ecosystem, leading to the integration of UEBA with Security Information and Event Management (SIEM) systems, endpoint protection, and threat intelligence platforms. This integration enhances the overall efficacy of cybersecurity measures by providing a more holistic view of potential threats and vulnerabilities.
The UEBA market is also experiencing a surge in demand due to the increasing sophistication of cyber threats. As cybercriminals deploy more advanced and evasive techniques, organizations are turning to UEBA solutions to bolster their defense mechanisms. These solutions offer real-time monitoring and analysis capabilities, enabling organizations to stay ahead of rapidly evolving cyber threats and respond effectively to emerging risks.
Moreover, the emphasis on insider threat detection is a key driver shaping the UEBA market. Organizations are recognizing the potential risks posed by insiders, whether through malicious intent or unintentional actions. UEBA solutions play a crucial role in identifying unusual patterns of behavior among employees and entities, helping organizations mitigate the risks associated with insider threats.
Cloud adoption is yet another significant trend influencing the UEBA market. As organizations migrate their operations to the cloud, the need for security solutions that can adapt to this dynamic environment becomes paramount. UEBA solutions are evolving to provide seamless integration with cloud-based infrastructure, ensuring that organizations can effectively monitor and secure their digital assets in the cloud.
In conclusion, the User and Entity Behavior Analytics market is undergoing a transformation driven by technological advancements, a proactive cybersecurity approach, integration with other security solutions, the evolving threat landscape, insider threat concerns, and the increasing shift towards cloud-based operations. As organizations continue to prioritize cybersecurity in the face of growing cyber threats, the UEBA market is poised for further growth and innovation to meet the demands of a rapidly changing digital landscape.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | User-Centric Approach |
| Market Dynamics | Rising Cases of Identity-Related Frauds Across Major Industries |
User Entity Behavior Analytics Market Highlights:
User and Entity Behavior Analytics Market Overview
User and Entity Behavior Analytics Market is projected to grow from USD 0.41 Billion in 2024 to USD 5.49 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 38.00% during the forecast period (2024 - 2032). Additionally, the market size for User and Entity Behavior Analytics was valued at USD 0.28 billion in 2023.
The global User and entity behaviour analytics software market has been driven over the years by the increased insider threat in the business and government sectors; data breaches and financial crimes are the key market drivers enhancing market growth.
Figure 1: User and Entity Behavior Analytics Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
User and Entity Behavior Analytics Market Trends
Rising Cases of Identity-Related Frauds Across Major Industries are driving market growth.
Rising cases of identity-related frauds across major industries drive Market CAGR. The rising need for cutting-edge technology and security solutions is anticipated to propel the growth of the worldwide User And Entity Behaviour Analytics (UEBA) Software Market over the forecast period. The need for UEBA solutions is increasing due to organizations investing significantly in threat/attack detection analytical solutions to uncover security flaws that criminals may exploit.
This tool helps businesses manage identity and access, insider risks, security, and data exfiltration. Insider threats and fraud are also on the rise, which impacts business data security and broader societal and economic data security. A recent TechRepublic Premium study revealed that 47% of participants intended to spend more on digital transformation in 2021 than 2020. Additionally, 58% of the respondents said they would digitize paper in 2020, and 45% said they would use online training programs.
Furthermore, The conventional defense mechanisms used by organizations, such as firewalls, secure web gateways, and other preventative technologies, are now readily breached by adept cyber attackers and hackers. Due to the rapid obsolescence of many legacy products, user and entity behavior analytics are crucial in contemporary organizations as a cyber security defense mechanism.UEBA monitors devices in addition to security incidents by keeping track of all user and entity performance across the system.
Due to expanding bring your device and remote work trends, employees are actively using unsecured servers, apps, and platforms, which provides a simple entry point for attackers and hackers to access user and application systems. Analytics of user and entity behavior employ algorithms to examine regular user activity trends, patterns, and behavior to spot even the smallest departures from the norm. As a result, it enables security monitoring teams to respond quickly to possible online dangers and promotes the expansion of the user and entity behavior analytics sector. Thus, driving the user and entity behavior analytics market revenue.
User and Entity Behavior Analytics Market Segment Insights
User and Entity Behavior Analytics Type Insights
The user and entity behavior analytics market segmentation, based on type, includes solutions and services. In 2022, the solution category held the largest market share. The software and licenses businesses provide to assist clients in locating and identifying vulnerabilities utilizing cutting-edge technologies like ML, statistical algorithms, behavioral analytics, and AI make up the solution category. With their built-in capacity to recognize even the smallest differences in user behavior, UEBA systems reduce the need for IT analysts.
The services segment is expected to develop at the highest CAGR during the projection period. Services for deployment, upkeep, customer support, consultancy, and training are all part of user and entity behavior analytics. Over the projected period, the market expansion is anticipated to be supported by the rising demand for user and entity behavior analytics solutions and software across various end-use industries, including IT and telecoms, BFSI, and healthcare organizations, to improve their cybersecurity capabilities.
User and Entity Behavior Analytics Deployment Insights
Based on deployment, the user and entity behavior analytics market segment includes cloud and on-premises. In 2022, the cloud category held a proportion of the market. Analytics of user and object behavior that is cloud-based might be referred to as a license model. It enables businesses to use product offers by their consumption needs, spending limits, availability, and objectives. It is a versatile and affordable method for finding, following, and exposing security flaws and possible threats across endpoints, servers, and networks.
During the projection period, the on-premise category is anticipated to expand at the highest CAGR. On-site software and solution options are available through on-premise user and entity behavior analytics, allowing businesses better security assurance and control over their networks, apps, and devices.
Figure 1: User and Entity Behavior Analytics Market, by Deployment, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
User and Entity Behavior Analytics Vertical Insights
Based on services, the user and entity behavior analytics market segmentation includes BFSI, government, defense, healthcare, energy and utility, IT and telecommunication, and others. In 2022, the IT and Telecommunications category held the greatest market share. Due to the availability of priceless customer data, vast and complicated networks, and increased usage of linked technologies, the IT and telecommunications sector is seeing a rapid rise in security breaches, data loss, and vulnerable cyberattacks.
User and Entity Behavior Analytics Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. North America is anticipated to increase its revenue share the most during the projected period. Due to major UEBA solutions and service providers like IBM, Microsoft, McAfee, Palo Alto Networks, Varonis, etc., North America's user and entity behavior analytics market is anticipated to see favorable growth potential. Additionally, the increasing need for network, server, and application security solutions across a range of end-use sectors, including healthcare, BFSI, government, IT, and telecom in the area.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: User and Entity Behavior Analytics Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Asia-Pacific User and Entity Behavior Analytics Market is expected to grow at the fastest CAGR from 2023 to 2032. The need for effective security solutions in Asia is rising due to the rapid use of cutting-edge technologies such as linked IoT devices, online applications, and interface technologies across various end-use sectors, including BFSI, IT, Telecom, healthcare, and others. Moreover, China’s user and entity behavior analytics market held the largest market share, and the Indian user and entity behavior analytics market was the fastest-growing market in the Asia-Pacific region.
User and Entity Behavior Analytics Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help user and entity behavior analytics grow even more. Market participants are also engaging in various strategic measures to grow their businesses, and footprint, with important market developments including contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. The user and entity behavior analytics industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the user and entity behavior analytics industry to benefit clients and increase the market sector. In recent years, the user and entity behavior analytics industry has offered some of the most significant advantages to medicine. Major players in user and entity behavior analytics, including Splunk Inc., Microsoft Corporation, Varonis Systems, Exabeam, Observe IT, Niara Inc., Sqrrl Data Inc., Bottomline Technologies Inc., Rapid7, LogRhythm, Dtex Systems and others, are attempting to increase market demand by investing in research and development operations.
Dtex Systems monitors and analyzes user behavior across an organization's IT environment, including endpoints, servers, and cloud applications. It establishes baselines for normal user behavior and identifies deviations from these baselines. The UEBA solution uses advanced machine learning algorithms to detect anomalous user activities and behaviors that might indicate potential security threats or insider risks.
For instance, in February 2021, DTEX InTERCEPT 6.5, the newest version of DTEX Systems' Workforce Cyber Security platform, was released. It intends to enable users to reduce the risk of data and IP loss by combining the capabilities of user and entity behavior analytics (UEBA), endpoint data loss prevention (DLP), digital forensics, and insider threat management into a cloud-native platform.
LogRhythm's UEBA solution establishes baseline behavior profiles for each user and entity within the organization's network. It can identify deviations from these normal patterns by continuously monitoring and analyzing user activities. For instance, in February 2022, LogRhythm unveiled its updated brand image. This rebranding exemplifies the company's efforts to support security operations centers to bridge personnel shortages, improve awareness of new threats and technologies, and navigate the dynamic threat landscape with assurance. The firm will undergo several changes in 2022, including a rebranding, a future cloud-native platform, and fresh viewpoints representing the company's progress and mission.
Key Companies in the user and entity behavior analytics market include
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Microsoft Corporation
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Splunk Inc.
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Varonis Systems
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Rapid7
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Exabeam
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Observe IT
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Niara Inc.
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Sqrrl Data Inc.
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Bottomline Technologies Inc.
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LogRhythm
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Dtex Systems
User and Entity Behavior Analytics Industry Developments
August 2022: Gurucul, a supplier of next-generation SIEM, XDR, UEBA, identity, and access analytics, announced better multi-cloud deployments, cross-cloud across all key cloud stacks, including Amazon, and increased support for poly-cloud architectures. These new cross-cloud capabilities include correlation, sophisticated linkage; behavior baselines on access and activity across cloud environments, and deployment assistance.
User and Entity Behavior Analytics Market Segmentation
User and Entity Behavior Analytics Type Outlook
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Solution
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Services
User and Entity Behavior Analytics Deployment Outlook
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Cloud
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On-Premise
User and Entity Behavior Analytics Vertical Outlook
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BFSI
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Government
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Defence
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Healthcare
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Retail
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Media and Entertainment
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Energy & Utility
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IT and Telecommunication
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Others
User and Entity Behavior Analytics Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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