Threat Intelligence Market Growth, Industry Overview, Competitive Analysis, Key Players Review and Forecast To 2030

 

Market Overview:

Threat intelligence market size will reach a valuation of USD 11 billion with 19% CAGR by 2027

The influential factors contributing to the growth of the threat intelligence market are growing adoption by SMEs, rising adoption of crowd sourced threat intelligence stages and high deployment of threat intelligence solutions across various sectors.

The primary idea of Market is to understand and offer predictive remedies for advanced constant threats and exploits in the enterprises and to protect organizations from attacks on enterprise network security infrastructure. On the other hand, factors such as higher cost related to technological improvements and technical incorporation are hampering the growth of the threat intelligence market over the review period. Furthermore, advancement of threat intelligence solutions and growing demand for incorporating security operations are expected to fuel the growth of the global threat intelligence market over the forecast period, 2017-2023.

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Threat Intelligence Market Segmental Analysis:

For the sake of this study, Market Research Future has segregated the market of threat intelligence into deployment, component, organization size, and end-users.

·         On the basis of components, the threat intelligence market is bifurcated into solutions, and servicers.

·         Based on the deployment, the market is bifurcated into on-premise and cloud.

·         On the basis of the organization size, the global market for threat intelligence has been segmented into small, medium, and large.

·         The end-users operating in the market is segmented into healthcare, BFSI, government, IT and telecommunication, manufacturing, retail, education, transportation, and others. organizations are looking for improved technologically advanced solutions associated with threat intelligence. Therefore, BFSI segment of threat intelligence market held the maximum market share over the review period.

Threat Intelligence Market Competitive Analysis:

The major market players operating in the global market as identified by IBM Corporation (US), Dell Technologies, Inc. (US), Symantec Corporation (US), Trend Micro Incorporated (Japan), McAfee LLC (US), FireEye, Inc. (US), Check Point Software Technologies Ltd. (US), Farsight Security, Inc. (US), Juniper Networks, Inc. (US), Optiv Security, Inc. (US), AlienVault, Inc. (US), LogRhythm, Inc. (US), Webroot, Inc. (US), F-Secure Corporation (Europe), and LookingGlass Cyber Solutions, Inc. (US), among others.

The global threat intelligence market is very competitive due to the presence of numerous major market players and new entrants into the market. several established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are constantly seeking market expansion through various strategic mergers and acquisitions, innovation, raising investments in research and development activities and cost-effective product portfolio.

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Threat Intelligence Market Regional Analysis:

The global threat intelligence market analysed into four main regions such as Asia-Pacific, North America, Europe, and Rest of the World. BFSI segments hold the maximum share in the North American region. The reason is attributed to the adoption of threat intelligence solutions, banks and other financial institutions which will assist in determining the type of threat and detect their patterns in real-time and by reducing suspicious activities.

The Asia-Pacific region is poised to grow at a rapid pace over the assessment period of 2017-2023. Countries such as China, Japan, and India contribute significantly to the market share over the review period. The reason is accredited to security measures against the developing cyber-attacks and SMEs & large-scale organizations are adopting threat intelligence solutions in this region.

North America was accounted for the largest market share and si expected to retain its lead over the forecast period. Developed countries such as U.S. and Canada contribute largely to the market share. The reason is attributed to increasing number of market players present across this region and the growing usage of technologically advanced solutions against cybercrimes such as fitness bands, standard regulations and presence of technical expertise.

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