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Asia Pacific behavior analytics market is driven by the increasing number of smartphone users in the region. This growth is fueled by the availability of low-cost smartphones along with the rollout of 3G and 4G LTE technologies.
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Behavior Analytics Market in Asia Pacific is projected to surpass $1.5 bn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Key Insights from Asia Pacific Behavior Analytics Market : • Graphical Research says, Asia Pacific Behavior Analytics Market to reach USD 1.5 bn by 2024. • The market is driven by the growing incidences of cybercrimes in the region. The accelerated adoption of digital technologies and rapidly-advancing connectivity infrastructure have made organizations more vulnerable to cyber exploitation. • The weak cyber security regulations and low awareness regarding cyber threats are also responsible for the increasing number of cyber-attacks. • Solution are leading the component landscape in the Asia Pacific behavior analytics market with a share of over 70% in the revenue in 2016. The growth of the market can be attributed to its ability to support big data architectures and integrate with major SIEM and log integration systems. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Continued... • Healthcare is expected to be the most profitable segment in the behavior analysis solutions market over the forecast timespan. The healthcare sector is anticipated to grow at over 50% during the forecast period. • The rising number of cyber-attacks among the healthcare establishments is the primary factor driving the demand. These solutions are used to streamline compliance & regulation processes and protect the patent records on endpoint devices on and off corporate networks. • The key vendors of the behavior analytics solutions are McAfee, Bay Dynamics, Avtex Solution, Sqrrl Data, IBM Corporation, Exabeam, E8 Security, Gurucul, and Splunk. • The major companies operating in the market have formed strategic partnerships with other companies to increase their market share. For instance, in 2018 Gurucul has formed a strategic alliance with Exclusive Networks to increase its market share in the Indian market. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
Asia Pacific Behavior Analytics Market ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com
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