PUBLISHER: 360iResearch | PRODUCT CODE: 1471433
PUBLISHER: 360iResearch | PRODUCT CODE: 1471433
[198 Pages Report] The Threat Intelligence Market size was estimated at USD 14.10 billion in 2023 and expected to reach USD 15.15 billion in 2024, at a CAGR 7.84% to reach USD 23.92 billion by 2030.
Threat Intelligence is collecting and analyzing information on emerging or existing threat actors and their tactics, techniques, and procedures (TTPs). This enables organizations to understand the potential risks and implications for their systems, networks, and data. The market for threat intelligence has seen substantial growth as the need for proactive cybersecurity solutions has surged. The proliferation of information technology in every facet of business, increasing connectivity, and the adoption of cloud services are among the factors that have heightened vulnerabilities to cyber-attacks. As a result, market demand for advanced threat intelligence systems and solutions has expanded. With a growing number of governments enacting stricter data protection and privacy laws, compliance has become an essential aspect for businesses, indirectly driving the need for threat intelligence services to ensure cybersecurity measures meet regulatory standards. Integration of AI and machine learning for automated threat detection, the use of Big Data analytics for pattern recognition, and collaborative threat intelligence sharing initiatives create significant opportunities for market growth.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 14.10 billion |
Estimated Year [2024] | USD 15.15 billion |
Forecast Year [2030] | USD 23.92 billion |
CAGR (%) | 7.84% |
Component: Increasing deployment of identity & access management in organizations to prevent unauthorized data breaches and reinforce security compliance
Threat Intelligence Services are delivered by cybersecurity specialists who assist in interpreting threat data and advising organizations on protective measures. Managed security services deliver outsourced monitoring and management of security devices and systems, delivering constant vigilance against threats. Continuous support and maintenance service for threat intelligence solutions, ensuring they operate effectively and are kept up-to-date with the latest threat information. Threat Intelligence Solutions refers to the technological tools and platforms that collect, process, and analyze data to provide actionable intelligence. Identity & Access Management (IAM) systems are essential for ensuring that the right individuals have access to the appropriate resources within an organization. IAM solutions manage user identities and credentials, enforce user access policies, and audit user activities. Log management collects, stores, analyzes, and manages computer-generated log messages. It is crucial for monitoring and investigating security incidents and for ensuring compliance with various regulatory standards. Risk management in the context of threat intelligence involves identifying, evaluating, and prioritizing risks to organizational assets. It focuses on the continuous monitoring and assessment of potential threats to minimize the impact of security incidents. Security and Vulnerability Management (SVM) is a cornerstone of threat intelligence, involving the ongoing process of identifying, classifying, mitigating, and remediating security vulnerabilities. SVM tools provide actionable intelligence regarding potential security weaknesses, allowing organizations to address these issues before they can be exploited by cyber adversaries. Security Information & Event Management (SIEM) technologies offer a holistic view of an organization's information security. SIEM solutions work by aggregating data from numerous sources, recognizing deviations from the norm, and taking appropriate action when necessary.
Deployment: Growing preference for on-premise solutions as it offers greater protection against unauthorized access.
On-cloud threat intelligence solutions are hosted on the vendor's and a third-party service provider's infrastructure. Such solutions allow organizations to leverage the scalability and flexibility of cloud computing to support their threat intelligence needs. On-cloud solutions offer predictable operating expenses and reduce the need for investing in internal hardware. Cloud services can be deployed rapidly, enabling organizations to quickly enhance their threat intelligence capabilities. An on-premise threat intelligence platform is installed and runs on the organization's own infrastructure. This model often offers greater control over the data and the systems that store and process it. On-premise solutions with direct access to the hardware can reduce latency issues and increase performance, especially with large data sets and complex operations. With proper security measures in place, on-premise solutions can offer greater protection against unauthorized access.
End-use: Expansion of IT & telecom sector foster the adoption threat intelligence solutions
The education sector is increasingly embracing digital platforms for learning and administration, thus becoming a target for cyber threats. Threat intelligence in education is crucial for protecting sensitive data tied to research projects, personal information of students and staff, and intellectual property. Energy and utility companies operate critical infrastructure that is often a target for cyberattacks, including state-sponsored attacks. Threat intelligence for this sector involves identifying and mitigating risks relating to the Supervisory Control and Data Acquisition (SCADA) systems, Industrial Control Systems (ICS), and smart grid technologies. Government bodies are frequent targets for a range of cyber threats due to the liable nature of the data they hold and the critical services they provide. Agencies use threat intelligence to safeguard national security, protect public services, and maintain the integrity of governmental processes. Healthcare systems possess a wealth of personal and health-related data, making them attractive targets for cyberattacks. Threat intelligence in healthcare is key to protecting patient records, research data, and the operational functionality of healthcare infrastructure. The IT and telecommunications sector forms the backbone of today's connected world, and the functioning of virtually all other sectors depends on it. As such, it faces a continuously evolving array of cyber threats. Threat intelligence for IT and telecom provides insights on the latest threats and vulnerabilities, facilitating proactive defense and incident response.
Regional Insights
Factors contributing to America's preeminence include the presence of a robust technological infrastructure, high awareness about cybersecurity, and stringent regulatory standards that compel businesses to adopt advanced security measures. In addition, the region is home to major threat intelligence vendors who are continually innovating and expanding their product offerings. Europe represents a significant market for threat intelligence, propelled by a strong emphasis on data protection and privacy, exemplified by regulations such as the General Data Protection Regulation (GDPR). Enterprises across the region are rapidly adopting threat intelligence platforms to stay compliant and protect their information assets. Additionally, government initiatives aimed at enhancing national cyber defenses are supporting the growth of this market in Europe. In the Middle East & Africa, cybersecurity is gaining traction due to the increasing prevalence of digital platforms and a growing recognition of cyber threats. The oil and gas industry, being a key sector in the region, is notably vulnerable to cyber attacks, pushing companies to invest in threat intelligence to safeguard critical infrastructure. The APAC region is emerging as a rapidly growing market for threat intelligence services. Growth in this region is propelled by increasing internet penetration, the expansion of digital infrastructure, and the rise in cyber attacks targeting businesses and governments. Countries like Japan, Australia, and South Korea are leading the way with burgeoning IT industries and investments in cybersecurity technologies. However, developing economies in the region also present significant potential as they embark on digital transformation journeys.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Threat Intelligence Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Threat Intelligence Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Threat Intelligence Market, highlighting leading vendors and their innovative profiles. These include Anomali Inc., AO Kaspersky Lab, AT&T Corporation, Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike, Inc., Darktrace Holdings Limited, DXC Technology Company, Exabeam, Inc., FireEye, Inc., Infosys Limited, International Business Machines Corporation, LogPoint A/S, LogRhythm, Inc., McAfee, LLC, NSFOCUS, Inc., OpenText Corporation, Palo Alto Networks, Inc., Proofpoint, Inc., Rapid7, Inc., Recorded Future, Inc., Secureworks, Inc. by Dell Technologies Inc., SentinelOne, Inc., ThreatConnect, Verizon Communications, Inc., and ZeroFox Holdings, Inc..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Threat Intelligence Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Threat Intelligence Market?
3. What are the technology trends and regulatory frameworks in the Threat Intelligence Market?
4. What is the market share of the leading vendors in the Threat Intelligence Market?
5. Which modes and strategic moves are suitable for entering the Threat Intelligence Market?