"Emphasis on Data Security to Bolster the Demand for User Activity Monitoring"
User Activity Monitoring (UAM) accounted for the market value of US$ 1,758.6 Mn in 2020, and expected to grow with promising CAGR of 14.5% across the forecast period from 2021 to 2029. User Activity Monitoring tools enable organization to monitor and gather employee's 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, increased vulnerability of data breach paves to serious damage. Similarly, real-time activity monitoring offers to have overall analysis of employee activities that helps to manage resources efficiently. Subsequently, adoption of such technology increases efficiency of organization by ensuring efficient use of resources and evading suspicious activity that may cause productivity loss or further mutilation. With all aforementioned benefits, UAM referred as proactive surveillance that enables to prevent misuse of access privileges.
"Database Monitoring Application to Experience Rapid Adoption across the Forecast Period"
Database monitoring refers to tracking of database functioning and resources in order to enable high performance and highly available application infrastructure. Database activity monitoring offers multiple level of security with monitoring database transaction. Data definition, as well as data manipulation activity, highlights malevolent activity such as dropping integrity constraints to fleece indecorous changes to data or operating on large number of rows from table that contains personal financial consumer data. Database monitoring enables to reduce time and resources needed for supporting database and underlying IT infrastructure along with improved end-user performance. With aforementioned benefits, adoption of user activity monitoring for database monitoring is expected to surge with promising rate across the forecast period.
"Promising Upsurge of End-use Industry Verticals to Ensure Higher Growth Rate of Asia Pacific Market"
At present, North America is the major contributor in overall user activity market accounting for over 1/4th of the overall market shares. The U.S. majorly drives the market growth here with established corporate sector. Similarly, the presence of several key market players here is expected to drive the user activity monitoring market growth with promising rate. Further, Asia Pacific accounted to register the higher growth rate across the forecast period. This is majorly due to rapid growth of end-use industry verticals across the region. With growing awareness for data security and identity governance the market here expected to grow with higher CAGR.
Key players of 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 & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of User Activity Monitoring market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
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Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
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Key questions answered in this report