How much is the Threat Intelligence Market worth?
According to the report, global demand for threat intelligence market was valued at approximately USD 4,845.1 Million in 2019 and is expected to generate revenue of around USD 16,820.4 Million by end of 2027, growing at a CAGR of around 16.8% between 2020 and 2027.
What is Threat Intelligence Market?
IoT (Internet of Things) has become a next-generation technology revolution which is helping the business in reducing the cost and also in improving employee productivity. Due to its varied benefits and features IoT has attracted many business leaders to set up this technology and increase their business productivity. However, these internet-connected devices have brought along with the many vulnerabilities, as many SMEs adopt basic security practices.
The adoption of BYOD (Bring Your Own Device) trend has become very common among employees. Its key applications like cost reduction and number of corporate endpoints have also largely increased, along with the growing concerns to protect them. The demand for threat intelligence market is mainly driven various factors like simple management, increased efficiency and usability, and reduced cost to the companies. Besides, cloud video in the meeting room through a range of devices. It is acting as a boon to various companies in different geographical locations which require frequent collaboration.
Request for Sample Report: https://www.reportcrux.com/request-sample-report/Threat-Intelligence-Market
What are Threat Intelligence Market market’s key drivers?
- Growing Incidence of Security Breaches and Cyber Crime
- Increasing Level of Interconnectivity due to Rising BYOD and IoT Trends
- Minimizing the Impact of Global Threat Landscape
- Uptake of Real-Time Threat Management
How much market share of Threat Intelligence Market was held by component segment in 2019?
Based on the component, the global market for threat intelligence is segmented into solutions, and services. The solutions market is further segmented into unified threat management, SIEM, IAM, incident forensics, and log management. The services segment is further divided into professional services, managed service, subscription services, and training & support. From this, solutions market accounted for almost 56% share of the market by component. This is mainly due to the rising need to increase the threat detection process which is driving the use of SIEM and UTM solutions market. Besides, the SIEM technology also uses correlation mechanisms and event discovery to raise the speed of network event monitoring process by combining the alerts & error logs in a unified solution.
How much market share of Threat Intelligence Market was held by deployment segment in 2019?
Based on deployment, the market is categorized into on-premise, and cloud-based. The on-premise segment held almost 63% share of the market in 2019. However, the market for cloud-based solutions is likely to grow at high CAGR in the forecast period as many medium and large enterprises have been finding difficulties in managing the on-premise solutions due to issues like lack of resource and expertise as well as budget constraints. Thus, the adoption of cloud-based solutions is accelerating at high pace due to demand for cloud-based security solutions.
How much market share of Threat Intelligence Market was held by organization size segment in 2019?
Based on organization size, the market is categorized into large size organizations and small & medium size organizations (SME’s). The market for SME’s is likely to grow at high CAGR in the forecast period due to the rising incidences of cyber-attacks on small sized enterprises. Though SMEs are small in size but they cater to large customer base globally.
How much market share of Threat Intelligence Market was held by applications segment in 2019?
Based on applications, the market is categorized into IT & telecom, BFSI, retail, government & defense, healthcare, manufacturing, and others. The BFSI segment held almost 23.2% share of the market in 2019 as the frequency of cyber attacks is rising in the banking sector thus there is a need to develop a strong security posture in this sector.
Request for Research Methodology: https://www.reportcrux.com/research-methodology/Threat-Intelligence-Market
Which region is predicted to have the largest share in the Threat Intelligence market?
By region, the market is divided into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America held almost 38% share of the overall market due to the presence of well recognized and established enterprises in this region and rising use of tracking devices and remote monitoring are encouraging companies to adopt advanced security solutions in this region. Asia-Pacific is expected to grow at high CAGR owing to the developing nations like India, and China. Many small and large-scale enterprises are now adopting the low cost threat intelligence solutions which are propelling the market growth.
Which are the prominent Threat Intelligence Market Key Players across the globe?
Major players in Threat Intelligence market are Symantec Corporation, IBM Corporation, Check Point Software Technologies Ltd., Dell Inc., McAfee LLC, Webroot, Inc., Fortinet, Inc., CrowdStrike, Inc., Farsight Security, Inc., and Anomali, Inc. among others.
Table of Contents (TOC)
1. Global Threat Intelligence Market Introduction
1.1. Definition and Taxonomy
1.2. Research Scope
2. Research Methodology
3. Executive Summary
3.1. Global Market Overview and Key Findings by Major Segments
4. Market Dynamics and Industry Trend Analysis
4.1. Market Dynamics
4.2. SWOT Analysis
4.3. PESTLE Analysis
4.4. Porter’s Five Forces Analysis
4.5. Market Growth Attractiveness Analysis by Key Segments and Region
5. Competitive Landscape and Market Share Analysis by Manufacturers
5.1. Market Competition Scenario
5.2. Manufacturer Market Share
5.3. Manufacturer Intensity Map
5.4. Opportunity Orbits
5.5. Strategic Market Developments
6. Global Threat Intelligence Market Value (USD Million), Share (%), Comparison by Key Segments
7. Global Threat Intelligence Market Value (USD Million), Share (%), Comparison by Region
7.1. North America
7.1.1. North America Regional Market Size and Trend Analysis
22.214.171.124. Rest of North America
7.2.1. Europe Regional Market Size and Trend Analysis
126.96.36.199. Rest of Europe
7.3. Asia Pacific
7.3.1. Asia Pacific Regional Market Size and Trend Analysis
188.8.131.52. Southeast Asia
184.108.40.206. Rest of Asia Pacific
7.4. Latin America
7.4.1. Latin America Regional Market Size and Trend Analysis
220.127.116.11. Rest of Latin America
7.5. Middle East and Africa
7.5.1. Middle East and Africa Regional Market Size and Trend Analysis
18.104.22.168. Saudi Arabia
22.214.171.124. South Africa
126.96.36.199. Rest of Middle East and Africa
8. Company Profiles of Key Manufacturers
8.1. Company Basic Information
8.2. Company Overview
8.3. Financial Highlights
8.4. Product Portfolio
8.5. Business Strategy
8.6. Recent Market Developments
Browse More Detail Information our Market Analysis @