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The 2014 attack on Sony Corporation was an eye-opener to the world market about security and the levels to which cyber threats have evolved. Sony was the subject of an advanced persistent threat attack using exploits that would have compromised the majority of security access controls. The attack compelled the employees to use pen, paper and fax machines, and other dealing with aftermath of the effect.
This attack on Sony forced companies and large corporations to rethink on their strategies and question their security systems. Network infrastructure and connected devices are secured through security analytics solutions. The emerging IoT and BYOD trends and connected number of endpoints are susceptible to Advanced Persistent Threats (APTs). Considering the opportunity available for the adoption of Endpoint security analytics, the technology would find speedy adoption and is expected to witness highest CAGR in the Asia-Pacific market during the period 2016-2022.
Based on the application type, the Asia-Pacific Security Analytics market is segmented into web security analytics, network security analytics, endpoint security analytics, application security analytics and others. Web security analytics holds the dominant position in 2015; however, Endpoint security would witness maximum CAGR during the forecast period. Based on the solution type, the security analytics market is segmented into product and services. The services segment is further subdivided into professional and managed security services.
The verticals covered within the scope of the report covers government & defense, banking, financial services and insurance (BFSI), retail, telecom and IT, healthcare, manufacturing and other sectors. In 2015, Government & Defense sector dominated the security analytics market by vertical. Based on the deployment type, the Asia-Pacific Security Analytics market is further segmented across cloud-based deployment and on-premise. Based on country, Asia-Pacific Security Analytics market is segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific. China remained the dominant region in the Asia-Pacific Security Analytics market in 2015. Malaysia would witness highest CAGR during the forecast period (2016-2022).
The report covers the analysis of key stakeholders of the Security Analytics market. Key companies profiled in the report include IBM Corporation, Cisco Systems, Inc., Arbor Networks, Inc. Blue Coat Systems, Inc. HP Enterprise Company, FireEye, Inc., Logrhythm, Inc., Alien Vault, Inc.