DUBLIN--(BUSINESS WIRE)--The "User Activity Monitoring Market by Component, Technology Type (Behavior Analytics, Log Management), Application Area (System, Application, File, Network Monitoring), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
It is expected that the global User Activity Monitoring (UAM) market size is to grow from USD 1,071.3 Million in 2018 to USD 3,335.7 Million by 2023, at a CAGR of 25.5% during the forecast period.
The growing need for enhanced control over employees and third-party vendors in enterprises, along with the need to meet stringent compliances, has led enterprises of all sizes to adopt UAM solutions for critical information protection. Moreover, cloud-based deployment is gaining high traction in the market, as it requires less capital investment, and helps decrease the operational and maintenance costs, and reduce the management's efforts. Cloud UAM solutions are available according to customer's demand, wherein a customer can start or stop any service, at will. UAM solutions help organizations optimize the employee productivity, protect sensitive data, applications, and comply with stringent regulations.
UAM solutions include various technologies, such as behavior analytics, log management, auditing and reporting, and others (visual forensics and user activity alerting). The behavior analytics technology is expected to dominate the User Activity Monitoring market and is estimated to have a larger market share in 2018. The auditing and reporting technology is expected to play a key role in changing the UAM market landscape and is expected to grow at the highest CAGR during the forecast period, as global organizations are highly proactive toward improving employee productivity and protecting the sensitive information from insider threats.
Market Dynamics
Drivers
- Need for Enhanced Control Over Employees and Third-Party Vendors in Enterprises
- Increasing Need Among Organizations to Optimize the Employee Productivity
- Lack of Experts in the Cybersecurity Profession
- Stringent Regulatory Compliances and Adoption of the Best UAM Practices
Restraints
- High Cost of Innovation for Developing Robust UAM Solutions
Opportunities
- Integration of UAM Solutions With IAM and SIEM
Challenges
- Managing the User Privacy
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview And Industry Trends
6 User Activity Monitoring Market, by Component
7 User Activity Monitoring Market, by Technology Type
8 User Activity Monitoring Market, by Installation Type
9 User Activity Monitoring Market, by Application Area
10 User Activity Monitoring Market, by Deployment Mode
11 User Activity Monitoring Market, by Organization Size
12 User Activity Monitoring Market, by Vertical
13 User Activity Monitoring Market, by Region
14 Competitive Landscape
15 Company Profiles
- Micro Focus
- Splunk
- Rapid7
- Forcepoint
- Digital Guardian
- Solarwinds
- Securonix
- Imperva
- Logrhythm
- Sumo Logic
- Balabit
- Observeit
- Dtex Systems
- Wallix
- Teramind
- Veriato
- Syskit
- Ekran System
- Netfort
- Manageengine
- Cyberark
- Centrify
- Netwrix
- Birch Grove Software
- TSFactory
For more information about this report visit https://www.researchandmarkets.com/research/8hfdjg/global_user?w=4