Press release
Threat Intelligence Global Market Report 2024 - By Growth, Size, Share, Trends, Forecast To 2033
Threat Intelligence
The Business Research Company offers in-depth market insights through Threat Intelligence Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The threat intelligence market size has grown rapidly in recent years. It will grow from $10.86 billion in 2023 to $12.33 billion in 2024 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to rising cyber threats, regulatory compliance, incident response enhancement, increasing complexity of cyber attacks, globalization of businesses.
The threat intelligence market size is expected to see rapid growth in the next few years. It will grow to $21.92 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to IoT security challenges, advanced persistent threats (APTs), collaborative threat intelligence sharing, zero trust security models, geopolitical tensions and cybersecurity. Major trends in the forecast period include cloud security concerns, AI and machine learning integration, automation and orchestration, open-source threat intelligence, focus on cloud security.
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Market Segmentation:
The threat intelligence market covered in this report is segmented -
1) By Solution : Threat Intelligence Platforms, Risk and Compliance Management, Security Information and Event Management (SIEM), Security and Vulnerability Management (SVM), Identity and Access Management (IAM), User and Entity Behavior Analytics, Incident Forensics
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises
4) By Vertical: Healthcare, Transportation, IT and Telecom, Manufacturing, Banking, Financial Services, and Insurance, Energy and Utilities, Government and Defense, Retail, Education
Major Driver - Surging Demand For Network Security Drives Growth In Threat Intelligence Market
The increasing demand for better solutions for the protection of network infrastructure is contributing to the growth of the threat intelligence market. The companies operating in different industries are increasingly investing in advanced threat intelligence solutions to reduce the attack surface of a network (network protection). Network protection aids in preventing employees from using applications to access harmful domains and secure the key assets or properties within the network. For instance, in 2023, as per the STAT IT 2024 report by Spiceworks, a US-based information technology company, 66% of companies are gearing up to increase their IT budgets as 73% of companies expect their revenue to rise. Therefore, the increase in demand for protection of network infrastructure is expected to boost demand for threat intelligence market during forecast period.
Competitive Landscape:
Major companies operating in the threat intelligence market report are Dell Technologies Inc., IBM Corporation, Cisco Systems Inc., Anomali Inc., IntSights Cyber Intelligence Ltd., Palo Alto Networks Inc., Fortinet Inc., Symantec Corporation, Check Point Software Technologies Ltd., CrowdStrike Inc., Proofpoint Inc., Kaspersky Lab, Optiv Security Inc., Rapid7 Inc., FireEye Inc., Recorded Future Inc., Webroot Inc., LogRhythm Inc., Flashpoint Inc., Lookingglass Cyber Solutions Inc., VMware Carbon Black Inc., RiskIQ Inc., ThreatConnect Inc., PhishLabs, Digital Shadows Ltd., Blueliv, AlienVault Inc., F-Secure Corporation, McAfee LLC, DomainTools LLC, Trend Micro Inc.
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Top Trend - Manageengine Redefines Identity And Access Management With The Launch Of Identity360
Major companies operating in the threat intelligence market are focusing on product innovation, such as cloud-native identity management platforms, to address identity and access management (IAM) challenges within enterprise workforces. A cloud-native identity management platform is intended to empower organizations with powerful IAM (identity and access management) capabilities to manage and secure their digital identities and cloud resources, while also ensuring compliance and prioritizing a seamless user experience. In October 2023, ManageEngine, a US-based technology company, launched Identity360 to cater to the workforce demands of organizations, providing a comprehensive solution for managing identities and access to cloud resources while maintaining strong security controls.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Threat Intelligence Market Characteristics
3. Threat Intelligence Market Trends And Strategies
4. Threat Intelligence Market - Macro Economic Scenario
5. Threat Intelligence Market Size And Growth
…..
27. Threat Intelligence Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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