PUBLISHER: KBV Research | PRODUCT CODE: 1580655
PUBLISHER: KBV Research | PRODUCT CODE: 1580655
The Latin America, Middle East and Africa AI-Driven Threat Intelligence Market would witness market growth of 26.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA AI-Driven Threat Intelligence Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $417.3 million by 2031. The Argentina market is registering a CAGR of 27.3% during (2024 - 2031). Additionally, The UAE market would obtain a CAGR of 25.6% during (2024 - 2031).
AI-driven threat intelligence systems offer a more cost-efficient and scalable alternative to traditional approaches. These systems automate many aspects of cybersecurity, such as real-time threat detection, data analysis, and incident response. By reducing the reliance on large security teams, AI-powered solutions minimize labor costs and improve operational efficiency.
Additionally, AI systems are highly scalable, meaning they can easily adapt to growing networks or expanding operations without requiring significant additional investment. This makes AI-driven threat intelligence particularly appealing to businesses looking to optimize their cybersecurity budgets while maintaining high protection. By automating and scaling threat detection, businesses can respond more swiftly and effectively to potential cyber threats, thereby enhancing overall security resilience and reducing costs.
In Saudi Arabia, rapid digital transformation and the strategic importance of critical infrastructure are key factors driving the need for advanced threat intelligence solutions. The Saudi National Cybersecurity Authority (NCA) has reported a substantial increase in cyber threats, particularly those that are directed at the energy and gas sector. The Kingdom's Vision 2030 initiative, aimed at diversifying the economy and expanding digital services, also underscores the necessity for robust cybersecurity measures. The NCA is working to build a comprehensive cybersecurity framework and is actively promoting the adoption of advanced AI-driven threat intelligence technologies to address the escalating cyber threat landscape. Therefore, as regional organizations continue to embrace digital technologies, the demand for threat intelligence solutions is expected to grow steadily in the coming years.
Based on Deployment Mode, the market is segmented into Cloud, and On-premise. Based on Component, the market is segmented into Solution (Threat Intelligence Platforms, Security Information and Event Management (SIEM), Security Orchestration, Automation, and Response (SOAR), and Other Solution Type), and Services (Professional Service, Consulting, Managed Service, and Other Services Type). Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium-Sized Enterprises (SMEs). Based on Application, the market is segmented into Threat Detection, Risk Management, Security Operations, Incident Response, and Other Application. Based on Industry Vertical, the market is segmented into BFSI, Government & Defense, IT & Telecom, Healthcare & Lifesciences, Retail & eCommerce, Energy & Utilities, Manufacturing, and Other Industry Vertical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA AI-Driven Threat Intelligence Market Report Segmentation
By Deployment Mode
By Component
By Organization Size
By Application
By Industry Vertical
By Country