The global threat intelligence market size is expected to reach USD 20.28 Billion at a steady CAGR of 8.1% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the global threat intelligence market can be attributed to increasing cyber-attacks and concerns regarding constant need for high-level vigilance in this regard. Real-time threat intelligence finds use in maintaining visibility of the threat landscape to enable security infrastructure and respond to the latest cybersecurity threats. Threat intelligence helps in detection of malicious activity in an organization’s network and performs analyzes to provide insights about the objective behind a cyberattack. Organizations across the globe are focusing on the integration of threat intelligence with cybersecurity infrastructure to enhance their cybersecurity levels. Live feeds and warnings provided by threat intelligence about ongoing security incidents, new technologies, and active threats allow security teams to take instant actions to mitigate or prevent potential threats more efficiently.
The report studies the historical data of the Threat intelligence market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Threat intelligence industry based on the recent technological and research advancements.
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Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Threat Intelligence products is expected to drive the demand for Threat Intelligence, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
Key players in the market include McAfee LLC, Check Point Software Technologies Ltd., IBM Corporation, VMware Inc., Cisco, DXC Technology, Trend Micro Inc., Verizon, FireEye, and SecureWorks Inc.
Key Highlights in the Report
- In January 2020, Thales entered into a partnership agreement with GE Steam Power to provide a cybersecurity solutions suite for power plant operations.
- The retail industry is observing vast volumes of data being generated via various channels including blogs, social networking platforms and sites, and apps. Transformation of the retail industry is not restricted to the e-commerce channel. Numerous connected devices are point-of-sale systems at kiosks and handheld devices are used in physical stores, all of which are designed to gather and access customer information. The growing data volumes in the retail industry continues to drive demand for threat intelligence to prevent data breaches and potential data loss.
- Among the mode of deployment segments, cloud-based segment revenue is expected to register a comparatively faster growth rate during the forecast period. Cloud-based adoption and deployment continues to remain high among small and medium-sized enterprises, owing to the cost-effectiveness of this mode. Cloud-based deployment saves significant capital expenses by reducing expenditure on infrastructure, equipment, and software. In addition, cloud-based deployment provides enhanced scalability to enterprises.
Emergen Research has segmented the global threat intelligence market on the basis of mode of deployment, organization size, application, industry vertical, and region:
Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- Cloud-based
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small Medium-sized Enterprises
- Large Enterprises
Application Outlook (Revenue, USD Billion; 2018–2028)
- Security Information and Event Management
- Security and Vulnerability Management
- Security Analytics
- Incident Response
- Risk Compliance
- Others
Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Information Technology
- BFSI
- Healthcare
- Manufacturing
- Retail
- Others
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