Market Size of User Activity Monitoring Industry
| 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 |
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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.
