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User Activity Monitoring Market By Component Type (Solution and Service), By Technology (Behavior Analytics, Log Management, Auditing & Reporting), By Installation Type (Proxy-based, Agent-based), By Application (System Monitoring, Application Monitoring, File Monitoring, Network & Database Monitoring), By Deployment Model (Cloud Deployment and On-premise Deployment), By Industrial Vertical (Banking, Financial Services & Others) – Growth, Future Prospects, and Competitive Analysis, 2019 - 2027

Emphasis on Data Security to Bolster the Demand for User Activity Monitoring

User Activity Monitoring (UAM) accounted for a market value of US$ 1,363.3 million in 2018 and is expected to grow at a promising CAGR of 14.5% across the forecast period from 2019 to 2027. User activity monitoring tools enable organizations to monitor and gather employees' real-time user actions as well as behavior data on business networks, connected devices, and other monitored workstations. With increasing open access to enterprise internet and more relaxed work regulations, the increased vulnerability of data breaches paves the way for serious damage.

Similarly, real-time activity monitoring offers an overall analysis of employee activities that helps manage resources efficiently. Subsequently, the adoption of such technology increases the efficiency of an organization by ensuring the efficient use of resources and evading suspicious activity that may cause productivity loss or further mutilation. With all the aforementioned benefits, UAM is referred to as "proactive surveillance" that enables the prevention of misuse of access privileges.

Database Monitoring Application to Experience Rapid Adoption across the Forecast Period

Database monitoring refers to the tracking of database functioning and resources in order to enable high-performance and highly available application infrastructure. Database activity monitoring offers multiple levels of security by monitoring database transactions. Data definition, as well as data manipulation activity, highlights malevolent activity such as dropping integrity constraints to indecorous fleece changes to data or operating on a large number of rows from a table that contains personal financial consumer data. Database monitoring enables a reduction of the time and resources needed for supporting databases and the underlying IT infrastructure, along with improving end-user performance. With the aforementioned benefits, the adoption of user activity monitoring for database monitoring is expected to surge at a promising rate across the forecast period.

Promising Upsurge of End-use Industry Verticals to Ensure a Higher Growth Rate in the Asia Pacific Market

At present, North America is the major contributor to the overall user activity market, accounting for over 1/4th of the overall market shares. The U.S. majorly drives the market growth here with an established corporate sector. Similarly, the presence of several key market players here is expected to drive user activity monitoring the market's growth at a promising rate. Further, Asia Pacific accounted for the higher growth rate across the forecast period. This is due in large part to the rapid growth of end-use industry verticals across the region. With growing awareness of data security and identity governance, the market is expected to grow at a higher CAGR.

Key players of the global activity monitoring market 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.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The user activity monitoring report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global user activity monitoring market based on component, technology, installation type, application area, deployment model, industrial vertical, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the size of the market for activity monitoring in 2018 and the forecast up to 2027?
  • Which is the largest regional market for activity monitoring?
  • What are the key market trends observed in the activity monitoring market?
  • Which are the most promising components, technologies, installation methods, applications, deployment models, and industrial verticals in the activity monitoring market?
  • Who are the key players leading the market?
  • What are the key strategies adopted by the leading players in the market?
  • What are the key end-use industrial vertical trends across different geographies and sub-geographies?

Frequently Asked Questions:

The market for User Activity Monitoring Market is expected to reach US$ 1,363.3 million by 2027.

The User Activity Monitoring Market is expected to see significant CAGR growth over the coming years, at 14.5%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

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 are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2019
Category:  Technology & Media
Report ID:   59807
Report Format:   PDF
Pages:   120
Rating:    4.2 (56)
Delivery Time: 24 Hours to 48 Hours   
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