|Dell Technologies Inc. (US)|
|IBM Corporation (US)|
|Symantec Corporation (US)|
|McAfee LLC (US)|
|Trend Micro Incorporated (Japan)|
|FireEye Inc. (US)|
|Juniper Networks Inc. (US)|
|Check Point Software Technologies Ltd. (US)|
|Optiv Security Inc. (US)|
|Market Driving Forces|
|Increased adoption of threat intelligence solutions by small-scale enterprises|
Threat Intelligence Market Overview:
Threat intelligence technology deals with gathering and analyzing any information pertaining to the security of an organization. The threat intelligence solutions aim at estimating the internal and external threats linked with a market so that the organization is protected from them. Today, business organizations are mega structures of the economy that drive progress for business houses as well as for individuals. The business scenario is filled with high competition. Therefore, it is very natural for a certain organization to be prone to many threats. This is where the threat intelligence market steps in for an application.The threat intelligence market caters to various institutions and organizations around the world. Threat intelligence technologies aid in the collection, integration, and analysis of information for the assessment of threats linked with different institutions. Threat intelligence deals with separating deceptions from relevant and accurate information so that the organization can guard itself. The threat intelligence technology depends either on internal data, behavioral data, and personal data. A lot depends on data and information because threats have to be apprehended before they realize. Companies of different sectors use threat intelligence systems to gather data about the market. This data can then aid the sales and marketing process of the companies. Companies use the technology to scope out favorable markets.
The threat intelligence market has been growing because the number of cyber-attacks on the companies has also increased. Cybercrime professionals are becoming more advanced. Threat intelligence systems also need to step up to the challenge equally. Today, it is easy to cripple an organization through cyber-attacks. Therefore, a majority of threat intelligence technology aims at preventing such instances. Therefore, market experts expect the threat intelligence market to grow at a high rate in the next few years. According to the forecast report, the threat intelligence market will reach a valuation of USD 21.6 Billion with 6.90% CAGR during the forecast period of 2022-2030
Threat Intelligence Market COVID 19 Analysis:
The COVID 19 pandemic has a positive impact on IT and its allied sectors. The COVID 19 pandemic has increased the dependence of organizations on IT and other modern technology. However, this move has also exposed them to higher risks of cyber-attacks and hacks. Therefore, the organizations not only need high-quality networks and IT infrastructure, but they also need a secure threat intelligence network in place. Therefore, the progress of the threat intelligence market is also imminent. Companies are looking for futuristic threat intelligence solutions so that they are secure from cyber breaches and attacks. Therefore, the market report is advancing with great speed.
The threat intelligence market has a projection of a nearly 10 billion USD increase in revenue in the post-pandemic period. Therefore, it is evident that the threat intelligence market benefits highly from the digital revolution that the pandemic ushered in. The increased dependence of organizations on technology is a sign of growth for the market. The post-pandemic threat intelligence market has a double-digit growth rate for the future.
Market Dynamics:The key drivers of the market:
There are many key drivers of the threat intelligence market that drive the segment’s growth through the roof. For example, the increased adoption of threat intelligence solutions by small-scale enterprises is a driver of Threat Intelligence Market Profit Growth. Another key driver of the market is the advancement in customized security solutions for the companies. The global market today caters to the different scales of businesses. This is because any scale of organization is prone to cyber threats today. Therefore, the universal use of threat intelligence systems is a key driver of the threat intelligence market profit growth.
The significant opportunities:
The development of advanced security solutions is an opportunity to be explored in the market. The adoption of crowdsourced threat intelligence platforms is an important opportunity that the threat intelligence market players need to expand on. The market report can also exploit the need for predictive analysis for the estimation of persistent threats for an organization. Organizations look to find new solutions for their threats. As threats continue to develop, the Global Threat Intelligence Market also has an opportunity to develop beyond its present limits.
Currently, the lack of major investments in the global threat intelligence market is a market restraint for the sector. The application of Threat Intelligence solutions is a costly procedure because it needs to cover a whole organization’s infrastructure. Thus, there is a cost restraint on the market that stops every organization from depending on threat intelligence solutions. The market report top players are working towards minimizing these restraints, but it needs more investment and research in the sector. Every company needs to have a robust infrastructure in place for the Threat Intelligence solutions to work well. However, not every organization has a great infrastructure that supports advanced threat intelligence solutions.
The evolution of cyber-attacking techniques by cyber-crime professionals is a challenge that can support the market growth. The amount of data gathered by organizations is also a challenge in terms of the sheer scale of unprocessed data. The Threat Intelligence Market, therefore, needs to create more advanced Threat Intelligence solutions for the users. Moreover, criminal and malicious cyber breaches have increased by nearly 50 percent by 2018. Therefore, the threat intelligence business needs to prepare itself to tackle future challenges.
Cumulative growth analysis:
According to the threat intelligence market analysis, the threat Intelligence Business is set for high growth in the forecast period. Moreover, the threat intelligence business will grow at a CAGR of 19 percent in the forecast period. The CAGR indicates that the industry will see innovation and diverse applications in the future. The threat intelligence market top players will contribute heavily to the growth trends in the future.
Threat Intelligence Market Segment Overview:
The Threat Intelligence Market divides into different segments depending on different criteria. The threat intelligence market segments base upon different criteria like Deployment and organization size. Also divide based on end-users and components of the threat intelligence systems.
On the basis of components, the Threat Intelligence Market Segments further branch into solutions and services.
On the basis of deployment, the Threat Intelligence Market Segments further branch into on-premise solutions and cloud solutions.
By organization Size:
On the basis of organization size, the Threat Intelligence Market Segments branch into small scale, medium, and large scale businesses for application.
By End Users:
By end-users, the Threat Intelligence Market Segments branch into BFSI, government, IT, and telecommunication sectors. Moreover, this diversification of the sectors will increase further in the future.
The regional segmentation is discussed in the following section.
Threat Intelligence Market Regional Analysis:
According to the threat intelligence market analysis, the Threat Intelligence Market disperses over different parts of the world. The Threat Intelligence Market is not localized. There are many regional markets that make up the global Threat Intelligence Market. The major regional markets of the sector are North America, Asia Pacific, and Europe. The rest of the regional markets fall under the Rest of the World. The North American region is a dominant one in the present situation. Moreover, the same region will remain dominant in the forecast period. Moreover, the presence of the threat intelligence market top players in the region behind this trend. However, the Asia Pacific region will clock in the highest CAGR in the forecast period.
Threat Intelligence Market Competitive Landscape:
The Threat intelligence market is a highly competitive one with the presence of many key players. Major international players and domestic companies are entering the segment to rake in the threat intelligence market profit growth. These key players of the Threat Intelligence market are-
The Threat Intelligence Market Analysis reveals that the major players of the market are present in the USA. However, the emerging players of the market belong to the Asia Pacific region.
Some recent developments of the Threat Intelligence Market are the different product developments taken up by the key players. Secondly, the key players are also investing in mergers and acquisitions to support the growth of the sector.
The threat intelligence market research report outlook or overview is as follows:
The threat intelligence market research report explains the major growth trends of the market. Secondly, the report keeps the present situation of the Threat Intelligence market in view while predicting the forecast period. Thirdly, it throws light on the market dynamics of the segment in the discussion. Moreover, this report also covers the basic segmentation of the market and its regional analysis. The report emphasizes the competitive landscape of the market and its recent developments. The reader gets a look at the Threat Intelligence market growth prospects through this report. The above report is a comprehensive report that considers different associated factors before arriving at a conclusion about the market scenario.
|Market Size||USD 21.6 Billion (2030)|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Component, By Deployment|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Dell Technologies, Inc. (US), IBM Corporation (US), Symantec Corporation (US), McAfee LLC (US), Trend Micro Incorporated (Japan), FireEye, Inc. (US), Juniper Networks, Inc. (US), Check Point Software Technologies Ltd. (US), Optiv Security, Inc. (US), LogRhythm, Inc. (US), AlienVault, Inc. (US), Webroot, Inc. (US), Farsight Security, Inc. (US), F-Secure Corporation (Europe), and LookingGlass Cyber Solutions, Inc. (US)|
|Key Market Opportunities||
|Key Market Drivers||The reason is attributed due to the presence of large number of threat intelligence vendors and the increasing number of large scale enterprises.|
The region of North America will contribute the highest revenue by 2030.
The overall growth percentage for the global threat intelligence market in the forecast period is 6.90%.
The BFSI segment will emerge as a major segment of the market in the forecast period.