Research Nester published a report titled “Behavior Analytics Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalbehavior analytics market in terms of market segmentation by deployment, type, end user, and by region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The behavior analytics market is estimated to occupy a large revenue by growing at a CAGR of ~46% during the forecast period, i.e., 2022 – 2030, owing to the rising adoption of cloud-based technologies, increasing incidences of insider security threats in companies and escalating integration of machine learning and advanced analytic algorithms into behavior analytics.
Apart from these, growing demand for sophisticated security solutions among organizations is also expected to drive market growth in the upcoming years.The global behavior analytics market is segmented by deployment, type and end-user.
Based on end user, the financial services & insurance segment is anticipated to grab the largest market share during the forecast period on the back of increased exposure of BFSI applications to cyber-attacks.
Furthermore, rising investments of financial institutions towards for IT services is also expected to further the growth of this market segment in the future.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3195Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America region is evaluated to grab the largest share in the market during the forecast period attributing to the increasing data breaches and growing implementation of behavior analytics in the healthcare sector in the region.
Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the rising use of mobile and web applications in the region.Increasing Insider Security Threats in Organizations to Expand MarketSince the last few years, the total number of incidences of data theft by current or former employee who are able to access sensitive information within the network of an organization have observed a major hike.