User Activity Monitoring Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 22.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
User Activity Monitoring Market Analysis
The User Activity Monitoring (UAM) market will register a CAGR of 22.1 % during the forecast period. The increasing need among organizations to optimize employee productivity and the need for enhanced control over employees and third-party vendors in enterprises will drive market growth.
- Due to the increasing need to enhance employees' productivity and protect confidential information, the market is increasing. Moreover, there is a growing demand for user activity monitoring due to rising concerns about data security and theft, further driving the market's growth.
- UAM systems track and log the actions of internal and external users of a company's devices, networks, and other IT resources. The demand for enterprises to have more control over their employees and outside contractors is anticipated to be driving the use of UAM solutions.
- Moreover, UAM software allows managers and business executives to collect and analyze real-time user data on their business networks. This data is maintained in a log. The key features of UAM include unsafe URL blocking, keystroke logging, real-time monitoring, remote screenshot feature, etc.
- Additionally, it is expensive to design comprehensive security solutions, which drives up the cost of deployment for users. The UAM market is experiencing severe expansion challenges due to budgetary restrictions.
- With the spread of COVID-19 across the globe, the industries' IT systems have been tested against fresh difficulties. A silo-based strategy for monitoring, in which each technological tier was monitored independently by a different tool, is no longer sufficient to use due to the end-user being exposed to new difficulties where a single solution is not the efficient option. The market is anticipated to see new capabilities incorporated into existing solutions to meet the changing needs.
User Activity Monitoring Market Trends
This section covers the major market trends shaping the User Activity Monitoring Market according to our research experts:
Increasing Need Among Organizations to Optimize Employee Productivity to Drive the Market Growth
- User activity monitoring tools enable organizations to monitor and gather employees' real-time user actions and behavior data on business networks, connected devices, and other monitored workstations.
- By raising staff productivity, the UAM solution plays a significant part in maximizing enterprises' efficiency. Employees can access multiple business apps using the single sign-on solution.
- It recognizes workers and secures access restrictions. A single console administration facility is offered by integrated UAM products, which can aid in increasing visibility and complete coverage within businesses.
- Moreover, UAM solutions lower security risks and give enterprises a robust security mechanism to help them mitigate potential security threats and data loss. These technologies also assist customers in remotely accessing information via mobile devices.
- Additionally, UAM systems protect superuser credentials and sensitive company data from unwanted access and cyberattacks. The UAM solution is being used more frequently in enterprises because of its characteristics that increase employee productivity and cut costs. Consequently, it is anticipated that the UAM market will experience rapid expansion in the coming years.
North America to Hold Major Share
- According to Cybersecurity Ventures, by 2025, cybercrime will cost businesses more than USD 10.5 trillion yearly. The estimate is based on historical data on cybercrime, including recent year-over-year growth, a sharp rise in state-sponsored and organized crime gang hacking activities by hostile nations, an anticipated order-of-magnitude increase in the cyberattack surface, and projections of how cyber defenses will fare against hackers and cybercriminals over time. Spending on cybersecurity would rise during the anticipated period as a result.
- Organizations in this region are being pushed to use UAM solutions by the rising information security concerns brought on by network complexity, demanding compliance rules, and boosting staff productivity.
- Additionally, organizations in the United States and Canada now employ user activity monitoring systems for identifying and thwarting potential insider threats of various kinds. Implementing user activity monitoring assists businesses in actively monitoring suspicious activity, mitigating risks at their beginning, and preventing or at least minimizing possible damage from data breaches.
- The U.S. majorly drives the market growth here with an established corporate sector. Similarly, several key market players are expected to drive user activity by monitoring the market's growth at a favorable rate.
User Activity Monitoring Industry Overview
The UAM market is moderately competitive, consisting of participants who strategically prioritize innovation and introduce innovative solutions. Micro Focus International PLC, Splunk Inc., Imperva Inc., CyberArk Software Ltd., and Centrify Corporation are some market players. To diversify their product offerings and grow their market share, the companies also concentrate on strategic partnership and collaboration projects, and fund-raising activities.
In July 2022, CyberArk Software Ltd announced CyberArk Secrets Hub, a new Software-as-a-Service (SaaS) solution which provides developers with a simple, secure, and consistent way to access secrets on AWS and also enables enterprises to accelerate the transition to AWS by enforcing the same security policies across hybrid and cloud environments without changes to the developer experience.
User Activity Monitoring Market Leaders
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Micro Focus International PLC
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Splunk Inc.
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Imperva Inc.
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CyberArk Software Ltd.
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Centrify Corporation
*Disclaimer: Major Players sorted in no particular order
User Activity Monitoring Market News
- July 2022: Imperva Inc announced Imperva Data Security Fabric (DSF) which provides data-centric protection and compliance for enterprise data lakes built on Amazon Web Services (AWS). Imperva reinforced its commitment to securing data and all paths to it by allowing AWS customers to secure their data with one comprehensive platform, leveraging a unified security model across Amazon Aurora, Amazon Redshift, Amazon Relational Database Service (Amazon RDS), Amazon DynamoDB, Amazon Athena, and AWS CloudFormation without requiring any changes to their existing data infrastructure.
- May 2022: CyberArk Software Ltd announced the launch of CyberArk Ventures USD 30 million global investment fund designed to empower the next generation of disruptors to solve complex security challenges with innovative technology. CyberArk Ventures provides portfolio companies with go-to-market support, access to CyberArk technology and CyberArk Labs research, engagement with CyberArk leadership, and networking opportunities with prospective partners and customers.
User Activity Monitoring Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Need Among Organizations to Optimize Employee Productivity
5.1.2 Need for Enhanced Control Over Employees and Third-Party Vendors in Enterprises
5.2 Market Restraints
5.2.1 High Cost of Innovation for Developing Robust UAM Solutions
5.3 Technology Snapshot
5.3.1 Behavior Analytics
5.3.2 Log Management
5.3.3 Auditing and Reporting
5.3.4 Other Technologies
5.4 Assessment of Impact of COVID-19 on the Industry
6. MARKET SEGMENTATION
6.1 By Application
6.1.1 System Monitoring
6.1.2 Application Monitoring
6.1.3 File Monitoring
6.1.4 Network Monitoring
6.1.5 Database Monitoring
6.2 By Enterprise
6.2.1 Small & Medium Enterprises
6.2.2 Large Enterprises
6.3 By End-user Industry
6.3.1 BFSI
6.3.2 Retail
6.3.3 IT & Telecom
6.3.4 Healthcare
6.3.5 Manufacturing
6.3.6 Other End-user Industries
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia Pacific
6.4.4 Latin America
6.4.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Micro Focus International PLC
7.1.2 Splunk Inc.
7.1.3 Forcepoint
7.1.4 Imperva Inc.
7.1.5 CyberArk Software Ltd.
7.1.6 Centrify Corporation
7.1.7 Securonix Inc.
7.1.8 Netwrix Corporation
7.1.9 LogRhythm Inc.
7.1.10 Teramind Inc.
7.1.11 Ezwim B.V.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
User Activity Monitoring Industry Segmentation
User Activity Monitoring (UAM) is an advanced practice followed by enterprises to keep complete track of activities performed by employees. It captures user actions such as suspicious log-on/off over the central database, accessed URLs, visited websites, and attempts to edit or configure files. UAM assists in identifying real-time incidents in the organization, detects possible threats, enables monitoring of policy violations, and obtains a clear vision of potential threats to an organization.
The User Activity Monitoring Market is segmented by Application (System Monitoring, File Monitoring, Application Monitoring, Network Monitoring, Database Monitoring), Enterprise (Small & Medium Enterprises, Large Enterprises), End-user Industry (BFSI, Retail, IT & Telecom, Manufacturing, Healthcare), and Geography.
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Application | |
| System Monitoring | |
| Application Monitoring | |
| File Monitoring | |
| Network Monitoring | |
| Database Monitoring |
| By Enterprise | |
| Small & Medium Enterprises | |
| Large Enterprises |
| By End-user Industry | |
| BFSI | |
| Retail | |
| IT & Telecom | |
| Healthcare | |
| Manufacturing | |
| Other End-user Industries |
| By Geography | |
| North America | |
| Europe | |
| Asia Pacific | |
| Latin America | |
| Middle East and Africa |
User Activity Monitoring Market Research FAQs
What is the current User Activity Monitoring Market size?
The User Activity Monitoring Market is projected to register a CAGR of 22.10% during the forecast period (2024-2029)
Who are the key players in User Activity Monitoring Market?
Micro Focus International PLC, Splunk Inc., Imperva Inc., CyberArk Software Ltd. and Centrify Corporation are the major companies operating in the User Activity Monitoring Market.
Which is the fastest growing region in User Activity Monitoring Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in User Activity Monitoring Market?
In 2024, the North America accounts for the largest market share in User Activity Monitoring Market.
What years does this User Activity Monitoring Market cover?
The report covers the User Activity Monitoring Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the User Activity Monitoring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
User Activity Monitoring Industry Report
Statistics for the 2024 User Activity Monitoring market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. User Activity Monitoring analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
