The Threat Intelligence Market Size, which was estimated to be worth USD 4.24 billion in 2022, is anticipated to increase by USD 18.11 billion by 2030, from USD 4.93 billion in 2023, with a CAGR of 20.4%.
The key players in the market, including IBM Corporation, CrowdStrike, Kaspersky, VMware, Check Point, and Cisco Systems, Inc., among others, have their threat intelligence services taken into consideration when determining the scope of the study.
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Information about the report:
- Forecast Timeframe: 2023-2030
- The starting year is 2022
- Market Size in 2022: USD 4.24 billion
- The market size in 2030 will be USD 18.11 billion
- CAGR: 20.4%
- Segments Included: according to deployment type, application, enterprise type, sector, and geographic region
The Threat Intelligence Market is a large and growing sector that covers various aspects, such as market size, market share, market segment, and industry. The size of the Threat Intelligence Market is the total amount of money service providers make when selling their products to customers. Threat Intelligence Market share is the percentage of the market that is under the control of one or more providers. The term threat Intelligence Market Segment refers to the different categories of applications based on their functions, features, or target users. The term industry refers to the various sectors or domains that use applications for their business operations or activities.
Analyses of the worldwide Threat Intelligence Market are conducted across regions, end-user industries, and material types. The study thoroughly examines segments and their sub-segments with tabular and graphic depictions. The segmentation can help investors and market participants create plans based on the report's list of the segments with the highest revenue growth rates.
By Type Analysis,
By type, the market is categorized into strategic, tactical, and operational.
An important portion of the market in 2022 belonged to the operational segment. This is because cybercriminals now require more information about specific incoming attacks. The operational segment provides details on the attack's characteristics, the attacker's identity and capabilities, and hints as to when the organization will be attacked. Throughout the forecast period, the tactical segment will expand at the highest CAGR.
By Component Analysis,
The market is broken down into solutions and services according to components.
More than 55% of the market in 2022 was occupied by the solutions segment. With real-time information from threat intelligence solutions, operational security teams can work more efficiently and save time. Security information and event management, security and vulnerability management, log management, incident forensics, identity and access management, risk and compliance management, and user and entity behavior analytics are just a few of the solutions that are being adopted more and more, which has a positive effect on the market.
By Deployment Analysis,
On-premises and cloud deployments are the two main market divisions.
In 2022, the cloud sector dominated the market. Utilizing the global threat community and thwarting cyber threats, organizations can reduce their attack surfaces by integrating the cloud and threat intelligence. This allows them to identify unknown threats early on and ultimately prevent them from happening. The cloud industry contributes significantly to the fight against evolving cyber threats. As a result, over the past few years, the adoption of cloud-based threat intelligence tools has dramatically increased.
By End-user Analysis,
The market is divided into the following end-user segments: BFSI, IT telecom, manufacturing, healthcare, energy utilities, retail, and others (education, government, and others).
A significant portion of the market in 2022 belonged to the BFSI sector. A significant infrastructure sector that frequently experiences cyberattacks and data breaches is the BFSI sector. With incredible returns, low risk, and detectability, cybercriminals have developed an operating model that is incredibly profitable.
List of Key Companies Profiled:
Strategic alliances between leading players and other tech companies are formed. The adoption of this strategy by major players aims to increase revenue streams by fusing threat intelligence with new technologies. Companies can expand their business by reaching a large customer base and gaining expertise through business strategy.
Key Companies Proposed:
“CrowdStrike, Inc. (U.S.), AO Kaspersky Lab. (Russia), IBM Corporation (U.S.), Vmware, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Dell, Inc. (U.S.), Fortinet, Inc. (U.S.), Anomali, Inc. (U.S.), Check Point Software Technologies (Israel), Huawei Technologies (China)”
The market is geographically divided into important areas like North America, Europe, Asia Pacific, the Middle East Africa, and South America. Country-level divisions are made for them.
The threat intelligence market was dominated by the North American region in 2022. The North American market is anticipated to grow as a result of a large number of international financial institutions and internet users adopting IoT devices more frequently due to the high availability of suitable infrastructure. To implement cutting-edge solutions, regional government organizations and private businesses are funding RD. A rise in phishing and malware using COVID-19 decoys and new domain names with coronavirus-related words was reported by the Infrastructure Security Agency (CISA) and Cybersecurity divisions of the U.S. Department of Homeland Security (DHS).
The study report provides a thorough analysis of the size of the “Threat Intelligence Market” globally, including regional and country-level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales analysis of the payers. The paper also discusses the principal risks and challenges that will be encountered over the projected period. The Threat Intelligence Market is divided into two categories: type and application. Players, stakeholders, and other participants in the global Threat Intelligence Market industry will be able to gain the upper hand by using the study as a valuable resource.
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