User Activity Monitoring Market is gaining huge growth in upcoming years: Credence Research

Posted February 5, 2020 by andreadevis

The global market for monitoring user activity is set to reach a market value of US$ 5,321.3 million in 2027 and is anticipated to have a significant CAGR of 14.5 per cent over the forecast period from 2019 to 2027.

The global market for monitoring user activity is set to reach a market value of US$ 5,321.3 million in 2027 and is anticipated to have a significant CAGR of 14.5 per cent over the forecast period from 2019 to 2027.
User Activity Monitoring (UAM) refers to tools that provide monitoring and tracking of end-user behaviors on networks, devices and other IT resources. Several companies use tools for monitoring user activity to detect and eliminate insider threats, with malicious intent or unintentional intent. User activity monitoring also enables companies to track suspicious behavior and mitigate risks by avoiding damage to data or minimizing damage. The primary objective of monitoring user activity is to protect information while ensuring compliance and availability of data security and privacy regulations. The monitoring of user activity offers multiple levels of monitoring compared to traditional methods. UAE monitors every level of user activity, including every system, application, data and network action that users take.
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The overall market for user activity monitoring is segmented by component, technology, installation type, deployment model, application area and industrial vertical. Database monitoring is expected to increase with a higher growth rate over the forecast period. Database Activity Monitoring (DAM) tools offer powerful, non-intrusive, immediate compliance and security benefits and a long-term platform for comprehensive protection of databases and applications. North America was the largest market for activity monitoring in 2018, largely due to early adoption of activity monitoring services to reduce these risks. The demand for activity monitoring is higher in the U.S. due to strict corporate governance regulations.
Component type Segment (2017–2027; US$ Mn)
• Solution
o Privileged Session Management
o Privileged Identity Theft
o Privileged Compliance
o SIEM Log Management
o User Auditing & Reporting
o User Behavior Analytics
• Services
o Consulting Services
o Training & Education
o Maintenance
o Managed Services
Technology Segment (2017–2027; US$ Mn)
• Behavior Analytics
• Log Management
• Auditing and Reporting
• Others
Installation Type Segment (2017–2027; US$ Mn)
• Proxy-based
• Agent-based
Application Segment (2017–2027; US$ Mn)
• System Monitoring
• Application Monitoring
• File Monitoring
• Network Monitoring
• Database Monitoring
Deployment Model Segment (2017–2027; US$ Mn)
• Cloud Deployment
• On-premise Deployment
Industrial Vertical Segment (2017–2027; US$ Mn)
• Banking, Financial Services and Insurance (BFSI)
• Retail
• IT & Telecommunications
• Government & Defense
• Healthcare
• Manufacturing
• Others
Geography Segment (2017–2027; US$ Mn)
• North America (U.S., Rest of North America)
• Europe (U.K., France, Germany, Rest of Europe)
• Asia Pacific (Japan, China, India, Rest of APAC)
• Rest of the World (Latin America, Middle East & Africa)
Some of the major companies profiled in the report include Hewlett Packard Enterprise, Micro Focus, Centrify Corporation, Securonix Security Analytics, Digital Guardian, CyberArk Software Ltd., TSFactory LLC., Balabit Corporation, Forcepoint, Taramind Inc., ObserveIT, Systancia, Splunk, IS Decisions and RSA Security Solutions among others.
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Report originally published at Credence Research:
About Credence Research
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.
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Last Updated February 5, 2020