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(IT-NEWSWIRE.COM, November 29, 2019 ) According to a new market research report "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", published by MarketsandMarkets™, the User Activity Monitoring Market size expected to grow from USD 1,071.3 Million in 2018 to USD 3,335.7 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 25.5% during the forecast period.
The Bring Your Own Device (BYOD) trend and the growing adoption of technologically advanced solutions have introduced many security threats associated with enterprise IT infrastructure. As there is a rise in sophisticated cyber threats for critical information theft, the User Activity Monitoring Market is expected to gain traction over the next 5 years.
Browse in-depth TOC on "User Activity Monitoring Market”
83-Tables
40-Figures
159-Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101269096
Application monitoring segment is expected to play a key role in the User Activity Monitoring Market
The application monitoring segment is expected to play a key role in the changing the User Activity Monitoring Market scape and grow at the highest CAGR during the forecast period. UAM solutions provide robust security to organizations’ critical IT assets. Additionally, they help organizations to meet PCI DSS, HIPAA, SOX, NERC CIP, FISMA, and other regulatory compliances.
Cloud-based deployment is expected to be a faster growing deployment mode
In the User Activity Monitoring Market, the cloud is expected to be the faster growing deployment mode, as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities. Cloud-based UAM solutions are available according to customer requirements, wherein customers can start or stop any service, at will.
North America is expected to have the largest market size in the User Activity Monitoring Market
Due to the presence of a large number of UAM vendors, North America is expected to have the largest market size in the global User Activity Monitoring Market; whereas, Asia Pacific (APAC) is expected to be the fastest-growing region during the forecast period. An increasing need among organizations to optimize the employee productivity, growing concerns about the protection of high value targets in the organization, regulatory compliances, and an increased need for IT security are driving the adoption of UAM solutions. Furthermore, the User Activity Monitoring Market in Middle East and Africa (MEA) and Latin America is expected to grow due to the increasing usage of mobility, cloud computing, expanding retail and banking sectors, and regulatory compliances.
Major vendors in the User Activity Monitoring Market include Micro Focus (UK), Splunk (US), Forcepoint (US), Imperva (US), ManageEngine (US), CyberArk (US), Rapid7 (US), Centrify (US), SolarWinds (US), Securonix(US), NetWrix (US), Digital Guardian (US), Birch Grove Software (US), LogRhythm (US), Sumo Logic (US), Balabit (Hungary), ObserveIT (US), Dtex Systems (US), WALLIX (France), Teramind (US), Veriato (US), SysKit (Croatia), Ekran System (US), NetFort (Ireland), and TSFactory (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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