ID: MRFR/ICT/4572-HCR | 100 Pages | Published By Aarti Dhapte on March 2023
Threat Intelligence Management Market Size is anticipated to reach USD 22.66 billion by 2030, registering a CAGR of 12.78% during 2020-2027
Globally, the threat intelligence management market has undergone various transformations. It was because of its different reformation taking place due to the technological growth and development. The data about the threat intelligence so available is driving up the premises for managing the threat intelligence management market. Some of the targeted threat data will be able to compromise with the security of the threat intelligence management market. Its persistent threats towards the consumers may create dangerous situations towards the security model so created by the intelligence organization. Improving the need and want of the network services of the threat intelligence for preventing the spread of risks of the data. Moreover, the threat intelligence management is used for monitoring against the malicious activities carried out in the threat intelligence management (TIM) market. These are the major driving forces that push up the development of the organization. This leads to the creation of certain effective defense systems and thus deploying the threat intelligence resources. Robust growth in CAGR market value helps in the expansion of the market in the upcoming years.
Moreover, globally the threat intelligence management market occupies a market value of about USD 10.9 billion and ranges to about USD 22.66 billion during the forecast period of 2022 to 2030.
The outcome of COVID has affected every part of society. It has even deteriorated the life of individuals and has brought harmful effects for the threat management business. Moreover, the ecosystem of the internet is playing the most important role throughout the globe whereas this pandemic has made each and everyone dependent on digital network services which are an important measure. This dependency on the internet creates some dangerous and harmful situations in cyberspace. Besides it, cybercriminals have been found selling some of the fake cures about COVID. It includes phishing activities i. e sending fake emails by sending malware into the internet services.
Its major driving force is its rise in demand towards detecting the threat-related information and thus changing this threat information which gives relevant information which is thus utilized by the analysts which push up towards using the new security model and thus taking some of the precautions which also plays a role in threat intelligence management market profit. The market provides a platform for creating new and latest threat actors, who carry out certain attacks and identify them. This characterized feature helps them to carry out and variously interpret the threat data which can impact the threat intelligence management market company during the threat intelligence management market forecast period.
Adopting more integrated security solutions for detecting the cyber threats and detecting the future causes taking place in an organization create more opportunities that raise the market demand.
The most important challenge is the activity of the threat intelligence so carried out to prevent the threat activity at a rapid speed. The inability of these security systems for managing the share of threats at a particular time is the major challenging factor for the TIM market. Moreover, the security system of the threat intelligence matches their pace with the cyber attack.
An inefficient and insufficient framework about cybersecurity has disrupted the implementation of threat management all across the threat services. Developing some of the major tools and using integrated solutions has led to the enforcement of complex and critical threat management infrastructure. As per the US general accounting office, technologies related to cybersecurity including auditing and monitoring tools, cryptography, accessing control, and managing the configuration are both vital R and D in respect to the critical infrastructure but besides it, these infrastructures are not exactly implemented efficiently. The rise in connectivity of the cyber security threats and the absence of interdependency between the threat management units affect the infrastructural units. Maintaining and improperly creating more security options is the restraining factor. This was because of the absence of coordination and information sharing among the government and the private sectors.
Based on solutions, the TIM market is being classified into network management solutions, intelligence towards the threat, risk management solutions along with identity and access management solutions, log management, and the firewall. Based on services, the threat intelligence management (TIM) market is being divided into threat intelligence feed services, monitoring services related to threat activities, and consultation. Based on the deployment model, the market is being segmented into the deployment of cloud and the on-premise deployment activities. As per the organization site, the TIM market Is classified into small, medium, and large business units. As per the end-users, the market is classified into BFSI, healthcare units, manufacturing sectors, telecommunications services, education, and retail sectors, transportation units, and the research organization.
Technology led to the invention of new and innovative products which led to the improvement of the threat intelligence management market.
Globally, it has been marked that the rise in threat intelligence management market size grows at a high speed due to the presence of key players which plays a major role in improving the network defense system. The global threat intelligence management market expands out in some regions like North America, some of the European region including Russia, some of Asia Pacific including Australia and New Zealand. It also includes some rest regions in the world like the Middle East, Africa, and Latin American region. Among all, the North American market dominates the whole of the world because of its high rate of adoption of using integrated solutions of cyber security and some of the services related to threat intelligence. Moreover, this region plays a major role and is the most dominating place for development and the innovative activities which should be carried out as per the technology. Moreover, the United States contributes towards the expansion of threat intelligence management market size which brings growth among the key players including IBM, Symantec, and Mac free. Moreover, these companies develop innovative tools for threat management. Besides it, the Asia Pacific region is expected to show rapid growth in the threat intelligence management market forecast period. The majority of the small, medium and large threat premises are investing a large sum of money which allows the theft of intelligence data. It also gives protection against cyber attacks. The rise in the volume of data along with the growth in demand for innovative mobile and web applications helps in driving up the market profit.
Some of the key players operating in the threat intelligence management market are IBM Corporation of the United States, Optic Security Inc. of the United States, Dell Technologies Inc. of the United States, Looking Glass Cyber Solutions Inc. of the United States, Macfree LLC of the United States, Logrhythm Inc. of the United States, Trend Micro Incorporated of Japan, Trend Micro Incorporated of Japan, Fireeye Inc. of the United States, Symantec corporation of the United States, Juniper networks Inc. of the United States, Check Point Software Technologies Ltd of the United States and many more. Some of the other market players are Webroot Inc. of the United States, Splunk Inc of the United States, Farsight security inc. of the United States, Alienvault Inc. of the United States, F-Secure Corporation of the European region, and many more.
The report overview about the threat intelligence management market company categorizes the change in revenue during the forecast period. It gives a good analysis about the new market trends so adopted by the market. It gives a good explanation about the threat intelligence management market segments and the growth factor being so implemented on the market. The threat intelligence management market report was found that provide in-depth analysis about the key players their company profiles, their key strategies, and the recent developments so occurring in the market.
|Market Size||USD 22.66 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Solutions, development|
|Geographies Covered||North America, Europe, Asia-Pacific|
|Key Vendors||IBM Corporation of the United States Optic Security Inc. of the United States Dell Technologies Inc. of the United States Looking Glass Cyber Solutions Inc. of the United States Macfree LLC of the United States Logrhythm Inc. of the United States Trend Micro Incorporated of Japan|
|Key Market Opportunities||an organization create more opportunities that raise the market demand.|
|Key Market Drivers||Its major driving force is its rise in demand|
The global threat intelligence management market will be valued at USD 22.66 billion by 2030. Global threat intelligence management is estimated to witness substantial growth during the forecast period.
A reinvigorated sum is expected to be spent which defines the development and rise of threat intelligence management market size in the emerging years.
Some of the regions of Europe, Asia Pacific, North America, the Middle East, and some of the other regions do present here.