Threat Intelligence Market Size, Growth & Global Industry Forecast Report, 2023-2030
Threat Intelligence Market was valued at USD 12,590 Million in 2022 and is anticipated to touch USD 22,960 Million in 2030 and expected to grow at a 7.8% CAGR during the forecast period.
Threat Intelligence Market Overview
Threat intelligence gathers and evaluates the information that is relevant to protect an organization from internal and external threats. It analyses that information to detect deceptions for relevant and accurate intelligence. It helps organizations to understand the risk of the most common and severe external threats, which include advanced persistent threats and exploits and zero-day threats.
To have an edge over the competition by knowing the market dynamics and current trends of “Threat Intelligence Market,” request for Sample Report here
Major Threat Intelligence Market Drivers
With the increasing adoption of advanced technologies like cloud platform, Internet of Things and other networking technologies, organizations are more exposed to several cybersecurity breaches. Thus, the emerging need to strengthen their security framework against the increasing cases of cyber-attacks has fueled the adoption of threat intelligence solutions, driving the market growth. In addition, the growing usage of threat intelligence among organizations to understand threats based on available data points to secure data and regulatory compliance, will further expand the Threat Intelligence market size.
Increasing implementation of Machine Learning, cloud, and Artificial Intelligence in threat intelligence solutions to minimize the risk of data breaches is projected to propel the market size. Incorporating cloud with treat intelligence helps to detect unknown attacks and stop them before occurring, thus, enabling business to combat the cyber-threats. Increasing investment in research and development by leading enterprises to develop strong threat intelligence system and the surging demand for professional and managed security services have augmented the Threat Intelligence Market Share. For example, IBM Corporation introduced the threat Feed Manager that helps to simplify the data integration without getting out of various sources.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Component – Segment Analysis
Based on the component, the solution segment is expected to grow at a higher CAGR over the forecast period. The identity & access management segment, which is a sub-segment of solution, is witnessed to dominate the market owing to the effective security standards for authorization and authentication of users based on the access levels. Furthermore, as enterprises are shifting their business to cloud services, identity & access management becomes a crucial part to access and manage applications and data by employees without compromising on security protocols. These factors are likely to boost the growth of the solution segment in the global threat intelligence market.
End-Use Industry – Segment Analysis
On the basis of the end-use industry, the BFSI segment is anticipated to grow at a faster CAGR over the forecast period. This is majorly attributed to the growing threat intelligence spending within the industry in its response to the rising internal breaches and cyber-crime. In addition, the frequency of cyber-attacks in the banking sector is growing and thereby creating a need to create a strong security posture. Moreover, various advancements in the banking sector, such as mobile banking, e-banking, ATM, among others, are anticipated to increase security vulnerabilities, which is further expected to bolster the growth of the BFSI segment in the global threat intelligence market.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here
Region – Segment Analysis
Based on the region, the Asia-Pacific region is projected to grow at a higher CAGR over the forecast period. Various SMEs and large enterprises in the region are investing in security systems owing to the increasing major issues of data theft and increased cyber-attacks. Moreover, the rising number of cyber-crime activities at software applications, increasing government regulations and legislation, and the rising demand for mobile & web applications are some other factors that play a vital role in augmenting the growth of the threat intelligence market in the Asia-Pacific.
Top Market Players
Various notable players operating in the market include FireEye, Inc., McAfee, LLC, LookingGlass Cyber Solutions, Inc., Fortinet, Inc., Symantec Corporation, IBM Corporation, Webroot Inc., LogRhythm, Inc., Dell Inc., F-Secure Corporation, among others.
Key Developments
-
- In 2022, Sentaca a leading telco consulting services and solutions was acquired by IBM. This acquisition expedites IBM’s hybrid cloud consulting business, incorporating skills to help communications service providers (CSPs) and media giants modernize multiple cloud platforms, innovate, and transform their businesses.
- In 2022, SentinelOne, an autonomous cybersecurity platform company, launched an integrated solution with Mimecast designed to improve end-to-end threat protection, speed-up incident response, and reduce delays for security teams. Security teams can leverage cooperative defenses and quickly respond to threats across email and endpoints for a holistic approach to incident response driven by XDR automation.
- In 2021, IBM acquired ReaQta (Netherlands) to deploy ReaQta’s endpoint security solutions that is designed to leverage AI to automatically identify and control threats, while remaining undetectable to adversaries.
- In 2021, Trend Micro and Fujitsu collaborated with automotive-related manufacturers to reinforce connected car security measures. This collaboration will help Fujitsu to offer a security countermeasure solution for connected cars, the V-SOC (Vehicle-Security Operation Center) service, and Trend Micro Cloud One will protect the backend cloud infrastructure.
- In 2021, Cisco acquired Kenna Security (US). Kenna Security has expedited Cisco’s mission to facilitate security and enhance customers’ overall security posture radically. The incorporation of Cisco’s SecureX platform’s industry-leading threat intelligence with Kenna Security’s vulnerability management capabilities will help customers to recognize threats faster, strengthen association between security and IT teams, and reduce the attack surface.
- In 2020, IBM Security announced its new and upcoming capabilities for Cloud Pak for security. It includes a data security solution that allows enterprises to identify, respond, and protect from threats to their most sensitive data across hybrid cloud environments.
- In 2020, McAfee, LLC announced the launch of MVISION XDR, which is the industry’s first proactive and open extended detection & response platform. MVISION XDR enhances SOC effectiveness with quick risk mitigation and delivers the total cost of ownership (TCO) for threat response.
Segments covered in the Report:
The global threat intelligence market has been segmented on the basis of component, deployment mode, end-use industry, and regions. Based on component, the market is segmented into solution and services. The solution segment is further segmented into unified threat management, security information & event management, identity & access management, log management, and others. Based on deployment mode, the market is segmented into on-premise and cloud. Based on end-use industry, the market is segmented into BFSI, IT & telecom, healthcare, retail, government & defense, manufacturing, and others.
For detailed scope of the “Threat Intelligence Market” report request a Sample Copy of the report
Report Coverage |
Details |
Market Revenues (2022) |
USD 12,590 Million |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Solution, By Deployment Mode, By End-Use Industry, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | FireEye, Inc., McAfee, LLC, LookingGlass Cyber Solutions, Inc., Fortinet, Inc., Symantec Corporation, IBM Corporation, Webroot Inc., LogRhythm, Inc., Dell Inc., F-Secure Corporation, among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Threat Intelligence Market by Component
-
- Solution
- Unified Threat Management
- Security Information & Event Management
- Identity & Access Management
- Log Management
- Others
- Services
- Solution
Global Threat Intelligence Market by Deployment Mode
-
- On-Premise
- Cloud
Global Threat Intelligence Market by End-Use Industry
-
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government & Defense
- Manufacturing
- Others
Global Threat Intelligence Market by Region
-
-
North America Threat Intelligence Market (Option 1: As a part of the free 25% customization)
- By Solution
- By Deployment Mode
- By End-Use Industry
- US Market All-Up
- Canada Market All-Up
-
Europe Threat Intelligence Market (Option 2: As a part of the free 25% customization)
- By Solution
- By Deployment Mode
- By End-Use Industry
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Threat Intelligence Market (Option 3: As a part of the free 25% customization)
- By Solution
- By Deployment Mode
- By End-Use Industry
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Threat Intelligence Market (Option 4: As a part of the free 25% customization)
- By Solution
- By Deployment Mode
- By End-Use Industry
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
-
Major Players Operating in the Threat Intelligence (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
-
- FireEye, Inc.
- McAfee, LLC
- LookingGlass Cyber Solutions, Inc.
- Fortinet, Inc.
- Symantec Corporation
- IBM Corporation
- Webroot Inc.
- LogRhythm, Inc.
- Dell Inc.
- F-Secure Corporation
Frequently Asked Question About This Report
Threat Intelligence Market [UP2036-001001]
The significant factors propelling the growth of the threat intelligence market are the increasing adoption of threat intelligence solution by SMEs and the evolution of next-generation security solutions in various organizations
Threat Intelligence market is predicted to grow at 7.8% during the forecast period.
The solution segment is expected to grow at a higher CAGR over the forecast period. The identity & access management segment, which is a sub-segment of solution, is witnessed to dominate the market owing to the effective security standards for authorization and authentication of users based on the access levels.
Various major market leaders operating in the market include FireEye, Inc., McAfee, LLC, LookingGlass Cyber Solutions, Inc., Fortinet, Inc., Symantec Corporation, IBM Corporation, Webroot Inc., LogRhythm, Inc., Dell Inc., F-Secure Corporation, among others
- Published Date: June - 2023
- Report Format: Excel/PPT
- Report Code: UP2036-001001
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Threat Intelligence Market Size, Growth & Global Industry Forecast Report, 2023-2030
$ 4,499.00 – $ 6,649.00