Press release
Intelligent Threat Security Market Growth Rate Analysis and Global Outlook 2023 Research By IBM, Dell, McAfee, Symantec, Check Point Software Technologies, Log Rhythm, Looking Glass, Optiv Security
Intelligent Sensor Market is expected to grow at CAGR of ~18.1 % during the forecast period and expected to reach market size of US ~$ 8.6 Million by the. The rise in the number of sophisticated threats, government regulations regarding data security, fast-paced adoption of threat intelligence solutions among small and medium-sized enterprises (SME’s), and increasing adoption of crowd-sourced threat intelligent platforms are the major growth drivers of intelligent threat security market.Intelligent Threat Security Market, by Solution (Log Management, Risk Management), Service (Consulting Service, Training & Support, Managed Service), Deployment Mode (on-Cloud, On-Premise), Organization Size (large enterprises) — Global Forecast till 2023
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Key players
IBM Corporation (U.S.), Dell Technologies Inc. (U.S.), McAfee LLC (U.S.), Trend Micro Incorporated (Japan), Symantec Corporation (U.S.), Check Point Software Technologies Ltd. (U.S.), Juniper Networks Inc. (U.S.), FireEye Inc. (U.S.), LogRhythm Inc. (U.S.), LookingGlass Cyber Solutions Inc.(U.S.), Optiv Security Inc. (U.S.), Webroot Inc. (U.S.), Farsight Security Inc. (U.S.), F-Secure Corporation (Europe), AlienVault Inc. (U.S.), Splunk Inc. (U.S.)
Market synopsis:
Intelligent Sensor devices are having a significant impact on society specifically in areas such as care, security and commerce. Threat intelligence is an evidence-based knowledge also known as cyber threat intelligence which includes indicators, context, actionable advice, and mechanisms about an existing danger to an asset. Threat intelligence provides refined information to the organizations and enables them taking immediate action against attacks, preventing them to cause damage to the company assets.
Today, there is huge competition in the market because of existence of numerous global and local players who are taking initiates for the development and marketing of intelligent sensors. The market current also experiences high threat from new entrants as the manufacturers of semiconductor can easily forward integrate for the manufacturing of smart sensors also there is huge opportunities for growth of this market with development of smart cities and the increasing trend of harnessing power from non-conventional sources of energy.
The intelligent sensors facilitate transparency of sensor functions and settings for automation of processes and also replace certain automation functions which were earlier manually programmed for system control. The system control is capable of performing real-time diagnostics and flexible sensor configuration remotely. The change from automation functions to sensor technology is making significant contribution to increase productivity of the product life cycle.
Segmentation:
By solution, the market is sub-segmented into security information and event management (SIEM), log management, identity and access management (IAM), security and vulnerability management (SVM), risk management, incident forensics.
By service, the market is sub-segmented into managed service, advanced threat monitoring, security intelligence feed, professional service, consulting service, training and support.
By deployment mode, the market is sub-segmented into cloud and on premises.
By organization size, the market is sub-segmented into SME’s and large enterprises.
By vertical, the market is sub-segmented into government, BFSI, IT & telecom, healthcare, retail, transportation, energy & utilities, manufacturing, education, and others.
Regional analysis:
The global market for intelligent threat security is estimated to grow at a significant rate during the forecast period from 2017 – 2023. The geographical analysis of intelligent threat security market is studied for North America, Europe, Asia Pacific, and the rest of the world.
North America is expected to dominate the intelligent threat market during the forecast period due to the increasing adoption of cyber security solutions and threat intelligence services. The prominent companies are developing innovative threat intelligence technology in the North American region. The major players like Symantec, IBM Corporation, and McAfee are planning to develop intelligent management tools during the forecast period.
Asia Pacific is expected to witness rapid growth during the forecast period. Asia Pacific is the hub to small and medium-sized enterprises and large enterprises. Additionally, countries like China, Japan, and India are investing in expanding their network defenses to protect cyber-attacks. Growing demand for mobile and web applications are driving the growth of intelligent threat security market in Asia Pacific region.
Intended Audience
Government agencies
Cyber security vendors
Telecom providers
Threat Intelligence solution providers
Independent software vendors
Consulting firms
System integrators
Value-Added Resellers (VARs)
Information Technology (IT) security agencies
Managed Security Service Providers (MSSPs)
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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LIST OF TABLES
Table1 World Population By Major Regions (2018 To 2023)
Table2 Global Intelligent Threat Security Market: By Country, 2018–2023
Table3 North America: Intelligent Threat Security Market, By Country, 2018–2023
LIST OF FIGURES
FIGURE 1 Global Intelligent Threat Security Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Intelligent Threat Security Market
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