ID: MRFR/ICT/1048-HCR | 110 Pages | Published By Shubham Munde on March 2023
Intelligent Threat Security Market is projected to thrive at an 7.20% CAGR and USD 19.66 Billion revenue by 2030.
$19.66 Billion
7.2%
North America
2020-2030
Intelligent Threat Security Market is projected to thrive at an 7.20% CAGR and USD 19.66 Billion revenue by 2030 over the estimated period (2020-2030), according to the new Market Research Future (MRFR) report. Intelligent Threat Support is organized, scrutinized, as well as, filtered information about current or unforeseen attacks which threaten a company. Its main objective is to assist an organization to recognize the hazards of the most brutal and common external threats such as coups, modern persistent threats, and zero-day perils. The intelligent threat security services objectives have several aspects which range from deliverables, such as publications, journals, and information feeds.
Intelligent Threat Security Trends in the recent time have shown that there are many factors propelling the growth of this market. These factors are prominently recognized by the Market Research Future (MRFR) report, including the increasing number of threats, government regulations regarding information security, rising adoption of crowdsourced threat high-level intelligent platforms, and speedy adoption of threat intelligence solutions among startups and small enterprises. On the opposite side, the high initial expenditures and shortage of technical expertise are factors that are hampering the intelligent threat security market growth over the estimated period.
As per the Intelligent Threat Security Forecast Report, the COVID 19 has impacted the world's market. The COVID 19 has grieved 215 countries. To combat the negative effects countries lead lockdown which has adversely affected the Intelligent Threat Security Forecast. The pandemic has made a positive impact on the Intelligent Threat Security Market segment. The COVID-19 pandemic has touched every segment of society, including individuals and enterprises. The internet ecosystem has played an important role here. Due to the negative effects of the pandemic, the dependency of businesses on the internet has increased significantly. Information, finance and insurance, medical industry and social assistance, retail trade, manufacturing industry, and utilities among others, are starting to highly depend on the internet to provide essential services to consumers.
The development in the technological landscape has compelled several industry verticals to witness a global transformation. This has resulted in the augmentation of digital technologies and industrial systems into one unique ecosystem. There are amazing opportunities for M2M communication and IIoT, which is the unified network of certain physical objects or things that can swap data without any external human intervention with the help of pervasive computing. Nowadays, secure control systems are a necessity in various industries. Therefore, threat intelligence, combining with digital technologies, creates a heterogeneous landscape along with different devices. These enhanced devices interact with platforms and with each other. Organizations are working hard to improve cybersecurity incidents. Hence, threat intelligence is essential to ensure compliance to safeguard its ecosystem from any unforeseen financial, operational, or human loss.
Intelligent Threat Security Share has been showing an upward trend. Many Governments and private organizations across the world are investing in high-level research and development for introducing modern Intelligent Threat Support. The important two factors like Critical Infrastructure Security and Resilience (CISR) R&D plan comprehend extending the security of critical infrastructure of associations, such as critical infrastructure partners and operators, government and private entities, and global partners. There are few important objectives of CISR R & D to boost up action plans to deploy vast infrastructural solutions for developing countries’ resilience at local, regional, and national levels. The European Reference Network for Critical Infrastructure Protection (ERNCIP), in association with Joint Research Centre (JRC), has come across modern tools, methodologies, and scientific publications to safeguard critical infrastructures from threats and breaches. R&D investments are essential to combat cyber-attacks.
Threat intelligence is used in most companies to combat outside threats that are detrimental to the company's security and intelligence. Protection of company data is highly essential, for that Intelligent Threat Security Analysis is required. The international threat intelligence market report by Market Research Future (MRFR) shows the pertinent data on upcoming spaces and hurdles multiplied with growth engines which can empower the industry for the time period of 2018 to 2023 (forecast period). The uncertainty of the COVID-19 virus and its influence on the industry is briefly explained by the industry people
The world of the internet is so dynamic, a rising number of cyberattacks have also forced distrust among countries and challenges enforcing cybercrime legislation, which makes it tough to apply policies in an effective manner. To avoid cyber-attacks, governments should rapidly modernize legislation and partner with associated agencies. In addition, a number of countries must join hands together and create alliances to contest cyber threats that make a global impact. This partnership should cohesively work to frame rules to raises concerns related to cybersecurity in the industrial ecosystem.
 The Asian and North American countries are focusing to expand the production to meet the targets and deal with innovative technologies effectively.
On the basis of solution, the market is sub-categorized into security information and event management (SIEM), log management, identity, and quick access management (IAM), high-level security and vulnerability management (SVM), efficient risk management, detailed incident forensics. On the basis of service, the market is divided into managed service, advanced threat monitoring, security intelligence, skilled professional service, effective consulting service, efficient training, and support. On the basis of the deployment model, the market is sub-categorized into cloud and on-premises.On the basis of organization size, the market is again divided into SMEs and large enterprises. On the basis of vertical, the market is subdivided into government, BFSI, IT & telecom industry, healthcare, retail industry, transportation, energy & utilities, manufacturing units, education sector, and others.Â
Based on the Deployment Model
Based on Organization Size
By Sales Channel
Companies are creating new avenues and this concept of Intelligent Threat Security is gaining momentum. The processes are dynamic now, so the concept of Intelligent Threat Security is evolving every day. To meet the supply chain and global technology services criteria the companies are getting agreement to grow together. Organizations that are active in Intelligent Threat Security services launch an advance solution sanctioning.
By Application
APAC countries are progressively investing in threat intelligence projects. The growing region is a blend of developing and developed countries with the optimum presence of small industries. These cyber-attacks are negatively impacting revenue; therefore, with regards to these statistics, companies and governments in APAC have begun investing more and more in threat intelligence solutions and its analysis.
This research study is clearly reflecting the market potential, market dynamics, and major and contemporary vendors in the threat intelligence market include
The study includes an in-depth and detailed competitive analysis of these major players in the threat intelligence market with their company profiles, new developments, and major market strategies.
Regional Analysis
The Intelligent Threat Security Share market is forecasted to develop at a major rate during the forecast period from 2017 – 2023. The global analysis of the intelligent threat security market is studied in detail for North America, Europe, Asia Pacific, and the rest of the world. North America is the leader in the intelligent threat market during the projected period due to the rising adoption of modern cybersecurity solutions and threat intelligence services. The major companies are gradually developing cost-effective innovative threat intelligence technology in the North American region. The important players like Symantec, IBM Corporation, and McAfee are devising plans to develop intelligent management tools and apps during the forecast period. The Asia Pacific region is projected to witness rapid but steady growth during the estimated period. The Asia Pacific is a major ground for small and medium-sized enterprises and large companies. Additionally, countries like China, Japan, and India are spending in broadening their network defenses to protect against cyber-attacks. Increasing demand for mobile and web applications is determining the advancement of the intelligent threat security market in the Asia Pacific region.
Based on Regions
Report Overview
Report Attribute/Metric | Details |
---|---|
Market Size | USD 19.66 Billion |
CAGR | 7.2% |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Solution, Size |
Geographies Covered | North America, Europe, Aisa Pacific |
Key Vendors | IBM (US) Cisco (US) Trend Micro (Japan) McAfee (US) FireEye (US) VMware (US) AT&T (US) Check Point (US) DXC Technology (US) Mimecast (London) Infosys (India) Verizon (US) Secureworks (US) |
Key Market Opportunities | Intelligent Threat Security Share has been showing an upward trend. |
Key Market Drivers | The development in the technological landscape has compelled several industry verticals to witness a global transformation |
USD 19.66 Billion by 2030
North America and the Asia Pacific
To have an expected CAGR would be 7.20% during the forecast period.