Threat Intelligence Market

Threat Intelligence Market worth $12.9 billion by 2023

The report "Threat Intelligence Market by Solution (Threat Intelligence Platforms, SIEM, IAM, SVM, Risk and Compliance Management, Incident Forensics), Service (Managed, Professional), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023", The threat intelligence market size is expected to grow from USD 5.3 billion in 2018 to USD 12.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. The key factors driving the threat intelligence market include rise in interconnectivity due to Internet of Things (IoT) and Bring Your Own Device (BYOD) trends; increasing number of targeted attacks and ubiquitous Advanced Persistent Threats (APTs); organizations’ need to deploy next-gen cybersecurity; and stringent directives for data protection.

                                Download PDF Brochure     View TOC     Inquiry Before Buying

Browse 90 market data Tables and 41 Figures spread through 200 Pages and in-depth TOC on "Threat Intelligence Market by Solution (Threat Intelligence Platforms, SIEM, IAM, SVM, Risk and Compliance Management, Incident Forensics), Service (Managed, Professional), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/threat-intelligence-security-market-150715995.html

The SIEM segment constituted the largest market share in 2018

The Security Information and Event Management (SIEM) solution provides insight into the activities and track records of organizations’ IT environment. The SIEM software collects and aggregates log data generated in organizations’ IT infrastructure, such as host systems, applications, and networks, and security devices such as firewalls and antivirus filters. It identifies and categorizes incidents and events, and analyzes them. With the increasing instances of cyber-attacks, IoT and connected device vulnerabilities, and growing pressure from cybersecurity regulations, the SIEM segment is expected to garner the highest revenue during the forecast period.

The cloud deployment segment is expected to grow at a higher CAGR during the forecast period

The threat intelligence market by deployment mode has been segmented into on-premises and cloud. Cloud-based threat intelligence solutions are gaining traction in the SMEs segment, as they are cost efficient and do not require purchasing, installing, and maintaining hardware or software. Scalability, simpler operations, and attractive pricing are boosting the adoption of cloud-based threat intelligence solutions. Cloud deployment is also favorable for organizations with strict budgets for security investments.

The BFSI segment is expected to maintain the leading position in terms of revenue generation during the forecast period

Increased instances of spyware/keylogger, Trojans, viruses, ransomware, and other malware in the Banking, Financial Services, and Insurance (BFSI) vertical are driving the adoption of threat intelligence solutions. The BFSI vertical is also a major target for cyber criminals, as it holds sensitive information of employees, customers, assets, offices, branches, and operations. Furthermore, with stricter regulations, and increasing instances of frauds and cyber-attacks, the need for real-time detection and protection from advanced threat, and brand protection is driving the growth of the threat intelligence market in the BFSI segment.

North America is expected to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the overall threat intelligence market during the forecast period. The increase in the number of IoT and connected devices and vulnerabilities associated with them are some of the factors driving the adoption of threat intelligence solutions and services. The presence of many threat intelligence vendors, as well as, widespread awareness about these solutions would continue to account for the region’s largest market share during the forecast period.

The threat intelligence market comprises major solution providers, such as Symantec (US), IBM (US), FireEye (US), Check Point (US), Trend Micro (Japan), Dell Technologies (US), McAfee (US), LogRhythm (US), LookingGlass Cyber Solutions (US), and Proofpoint (US). The study includes an in-depth competitive analysis of the key players in the threat intelligence market, along with their company profiles, recent developments, and key market strategies.

Don’t miss out on business opportunities in Threat Intelligence Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
TC 3591
Published ON
Nov, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Threat Intelligence Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved