Market Research Future (MRFR) in its latest “Intelligent Threat Security Market” report, discloses that the market of intelligent threat security is expected to experience remarkable growth from the year 2011 to 2023. MRFR states in the report that the intelligent threat security market is expected to thrive at 18.1% CAGR across the assessment years and touch a valuation of USD 8.6 billion by the end of the forecast period.
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Market Key players
Market Research Future has listed some of the eminent players of the intelligent threat security market. They are; Dell Technologies Inc. (U.S.), IBM Corporation (U.S.), Trend Micro Incorporated (Japan), Check Point Software Technologies Ltd. (U.S.), McAfee LLC (U.S.), Symantec Corporation (U.S.), Juniper Networks Inc. (U.S.), LogRhythm Inc. (U.S.), FireEye Inc. (U.S.), LookingGlass Cyber Solutions Inc.(U.S.), Webroot Inc. (U.S.), Optiv Security Inc. (U.S.), F-Secure Corporation (Europe), Farsight Security Inc. (U.S.), AlienVault Inc. (U.S.), and Splunk Inc. (U.S.).
The ability of threat intelligence solutions, also known as cyber threat intelligence, to detect threats and design mechanisms to prevent existing danger to an asset is identified as a major booster for the intelligent threat security market. Threat security solutions include context, indicators, and actionable advice, which exhibit the efficacy of the solution. This is likely to propel the intelligent threat security market in the years of assessment. Components of intelligent threat security solutions are utilized to provide refined information to organizations, which equip them for taking quick action against attacks. Thereby, preventing damage to a company’s assets. These factors are likely to prompt the intelligent threat security market growth across the review period.
Solutions of security intelligence include elements, such as security information, and event management, log management, risk management, network behaviour anomaly detection (NBAD), and network forensics are proving to be highly contribute to the expansion of the intelligent threat security market. As log management gain popularity across different verticals is another cause that is likely to surge the market. The proactive need for analysis, transmission, and the disposal of huge volumes of log data, which are created in an information system is escalating the adoption of intelligent threat security solutions. This is expected to dictate the course of progress for the market.
Market Segment Outline
The intelligent threat security market analysis is done on segmental basis to derive comprehensive understanding of the market. Solution, service, deployment, vertical, and size of organization are criteria based on which the segmental study is performed. By solution, the market is segmented into log management, security information and event management (SIEM), security and vulnerability management (SVM), identity and access management (IAM), risk management, and incident forensics. By service, the market is segmented into advanced threat monitoring, managed service, professional service, security intelligence feed, training and support, and consulting service. By deployment mode, the market is split into on premises and cloud. By organization size, the market is divided into large enterprises and SMEs. By vertical, the market is split into BFSI, government, healthcare, IT & telecom, transportation, retail, manufacturing, education, energy & utilities, and others.
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Detailed Regional Analysis
The worldwide intelligent threat security market is estimated to expand at a considerable high pace across the forecast span of 2017 to 2023. The regional analysis of the intelligent threat security market is performed for Europe, Asia Pacific, North America, and the RoW. The market in North America is likely to command over the global the intelligent threat market in the years to come. The increase in the utility of threat intelligence services and cybersecurity solutions are expected to promote the growth of the regional market. The US is expected to gain high traction for the market, as the existing prominent companies develop innovations on threat intelligence technology.
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