Global User Activity Monitoring (UAM) Market is valued USD 732.6 million in 2016 is anticipated to grow USD 5.80 billion with the compounded annual growth of 25.86% over the forecast period 2018-2025.
New York 22 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global User Activity Monitoring (UAM) market industry is poised to raise USD 5.80 billion by 2025. The major factors speculated to augment the markets are rising demands among organizations to maximize the employee productivity, stringent regulatory compliances, lack of experts in the cybersecurity profession, requirements for better control over employees & third-party vendors in enterprises, and espousal of the best User Activity Monitoring (UAM) practices. High cost of innovation for developing robust UAM solutions is one of the chief restraining factors the growth rate of the market. Managing the user privacy is the major challenge prevalent in the market. User Activity Monitoring (UAM) can monitor all types of user activity, including all system, application, data, and network actions that users take including their web browsing activity, i.e. whether users are accessing unauthorized or sensitive files, etc.
To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global User Activity Monitoring (UAM) Market Size Study By Application Area (File, System, Database, Application, Network, and Others), By Technology (Log Management, Behavior Analytics, Auditing & Reporting, and Others), By End-User, and By Regional Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Ennetix, Cisco, Extrahop Networks, Huawei, Entuity, Tech Mahindra, Aria Networks, Aruba, Nitro Mobile Solution Nokia, Netcracker, Juniper Networks, Loom Systems, Colt Technology Services, Mist Systems, Sandvine, Aricent, Apcon, Ericsson, Bluvector, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America region accounted for the leading market share, more than 22% of the total market in 2016.
- Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by almost over 26% CAGR over the forecast period 2018-2025.
- Rapid economic growth in countries like India and China is expected to assist in growth of the market in Asia Pacific region.
- M&A activities along with subsidiary formation are key strategies observed that are being taken by major players.
Bizwit Research & Consulting LLP has considered following segments for the study:
By Application Area:
- Log Management
- Behavior Analytics
- Auditing & Reporting
- Government & Defense
- Telecom & IT
- Banking, Financial Services, and Insurance (BFSI)
- Energy & Utilities
- North America
- Asia Pacific
- Latin America
- Rest of the World