New York, June 25, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global User and Entity Behavior Analytics Industry” – https://www.reportlinker.com/p05799875/?utm_source=GNW
Growth in the market is being fueled by rising incidents of data-related threats and frauds. Designed for faster, real-time detection of insider threats, user and entity behavior analytics solutions are integrated with big data platforms for analyzing petabytes and detecting insider or persistent threats. The market growth is propelled by increasing acceptance of behavioral analytics tools across diverse industries coupled with adoption of cloud computing as an effective data management platform. The increasing popularity of user and entity behavior analytics tools is also attributed to their numerous merits including insider threat detection, fraud prevention, protection from data exfiltration attempts, IP data security and actionable risk information. Advanced solutions available on the market use sophisticated analysis, integrate report and log data, and analyze files, packets or other data for detecting cyber-attacks. The machine learning model is anticipated to find broader acceptance to detect anomalies for foiling attempts of cyber attackers to steal data.
– Amid the COVID-19 crisis, the global market for User and Entity Behavior Analytics estimated at US$549.6 Million in the year 2020, is projected to reach a revised size of US$4.2 Billion by 2026, growing…
