Overview:

The global threat intelligence market is expected to witness a growth of 17.2% CAGR during the forecast period 2018 – 2026. Threat intelligence has become an integral part of businesses due to ever-changing dynamics and technology landscape across the globe.  In view of rising incidences of threat breaches and cyber-crimes, the adoption of threat intelligence solutions has surged over the last few years. In addition, rise in the adoption of cloud-based solutions and Internet of Things (IoT)-enabled devices is supporting demand for threat intelligence amongst several end-use sectors including government, healthcare, military, and BFSI among others. In order to increase the productivity, several organizations have started implementing the concept of bring your own devices (BYOD). On the contrary, the concept is unveiling the personal information and data of the user, giving rise to privacy concerns associated with data security. The security breaches that takes place in the organization often leads to financial damage or espionage motives, creating major disturbances in the business environment. Thus, security related issues such as data breaches and cyber-attacks are contributing towards increasing demand for threat intelligence services and solutions. All these factors are collectively expected to contribute towards a double digit CAGR during the forecast period (2018 – 2026). However, high cost and technical complexities associated with the deployment and lack of awareness regarding evolving cyber threats are challenging the growth of the global threat intelligence market.

The research study titled “Global Threat intelligence Market – Growth, Future Prospects and Competitive Analysis, 2018 – 2026” offers in-depth qualitative analysis on the global threat intelligence market together with the market forecasts and market sizing from 2016 to 2026. The study classifies the global threat intelligence market based on components, applications, end-use vertical, and cross-sectional insights across geographic regions. The research study conveys a complete opinion on market dynamics including market drivers, opportunities, and challenges prevailing in the threat intelligence market. Moreover, the study covers analysis on important market trends shaping the market.

To facilitate investors and decision makers, the study portrays competitive landscape covering profiles of major threat intelligence solution vendors, their market positioning, key business strategies adopted, and key developments in recent past. Major manufacturers profiled in the research study include Check Point Technologies Ltd., Dell Inc., FireEye, Inc., IBM, Juniper Networks, Inc., LogRythm, Inc., LookingGlass Cyber Solutions, Inc., McAfee, LLC, Optiv Security Inc., Symantec Corporation, Trend Micro, and Webroot Inc.

Other insights covered in the research study includes:

• Relative analysis of all sub-segments for 2017 and 2026
• Market sizing of historic years (2016 and 2017)
• SRC (Segment-Region-Country) Analysis
• Thus, the research report offers a 360 degree view of the global threat intelligence market by giving market size and forecasts.

Although the market is witnessing a paradigm shift from on-premise to cloud-based model, many large and well-established organizations are still dependent on-premise solutions extensively. Thus, on-premise solutions are expected to register reasonable growth during the forecast period 2018 - 2026. However, deployment of cloud-based solutions is anticipated to grow at a relatively superior rate due to evolving demand for mitigating security-related risks across organizations. The cost of cloud security solutions is comparatively less than on-premise based solutions. Since organizations find it difficult, expensive, and time consuming to manage on-premise solutions, they have begun migrating from their conventional on-premise model to cloud-based model. The adoption of cloud-based security solutions is increasing and is expected to show an incremental growth during the forecast period. The use of cloud based solutions is leading to huge savings and therefore organizations are opting for the use of cloud for data sharing.

The banking, financial services, and insurance (BFSI) vertical is heavily targeted and plagued by cyber-crime. Advancements in online and internet banking technologies are expected to only elevate security vulnerabilities. In view of increasing incidences of cyber threats and data breaches, the BFSI industry is taking proactive measures and spending heavily on threat intelligence solutions. In addition, compliance to stringent regulations promoting network security is expected to boost demand for threat intelligence solutions over the forecast period. Demand for threat intelligence solutions across other verticals, especially government and healthcare is estimated to have an incremental growth during the forecast period. Increasing security breaches and consequent threats provide sound opportunity for threat intelligence vendors to expand their offerings by developing solutions that address distinct requirements of different verticals.

In terms of value contribution, North America is currently leading the threat intelligence market worldwide and is presumed to remain one of the major markets during the forecast period. The demand for threat intelligence market, particularly in the U.S. is driven by initiatives taken by the government to promote awareness about the prevailing cybercrime related issues. In addition, the organizations and businesses across the country are taking preventive measures to avoid and mitigate risks associated with threat breaches. On the other hand, Asia Pacific is slated to generate steady revenue stream over the forecast period due to rising incidences of network security and cyber-crime related activities in the region. Several proactive security measures are taken against the evolving cyber-attacks in the region. Increasing defense and military spending and augmented cyber security budgets, especially in India and China is fueling the Asia Pacific threat intelligence market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Threat Intelligence market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Threat Intelligence market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Threat Intelligence market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Threat Intelligence market?
• Which is the largest regional market for Threat Intelligence market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Threat Intelligence market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Threat Intelligence market worldwide?