Illustrating the strength of the user behavior analytics (UBA) market for IT security, San Mateo-based Exabeam has announced that it boasted a150 percent increase in sales above target for 2015, and the firm expects more of the same in 2016.
Those sales number may come as no surprise, since Gartner estimates that the UBA market will grow from $50 million in 2015 to approximately $200 million by the end of 2017, a combined annual growth rate of 100 percent. Exabeam executives expect to increase headcount by 100 percent and sales by 300 percent over 2015 results in the coming year.
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