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Security Analytics Market is Segmented by Component (Solution, services), Organization size (Small & medium enterprises, large enterprises), Application (Web security analytics, Network security, endpoint security, application security, others), Vertical (BFSI, Telecom & IT, Retail & e-commerce, healthcare, media and entertainment, travel and hospitality, others) and Region, Global trends and forecast from 2022 to 2029.
Security Analytics Market is expected to grow at 16.1% CAGR from 2022 to 2029. It was valued 10.34 billion at 2020. It is expected to reach above USD 39.69 billion by 2029.
Segment Analysis
Security analytics market is segmented based on component, organization size, application, vertical and region, global trends and forecast.
By component the market is segmented into solution and services. With a revenue share of 65.1% in 2019, the solutions segment had the highest revenue. The market is segmented based on the various sorts of solutions and services provided by cybersecurity providers in order to detect, look into, and diagnose unidentified dangers by comprehending their anomalous behaviors. Over the projected period, the services segment is anticipated to develop the fastest. In order to develop and maintain security analytics solutions for businesses, manufacturers offer a combination of managed and professional support services.
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