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 Threat Security 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.)

Intelligent Threat Security Global Market- Overview

Wide adoption of cloud solutions especially by enterprises and SMEs to improvise their operations has strengthen the technology market globally. Though the cloud and internet provides better storage and retrieval process than the traditional one, it has also opened the door of data loss through cyber-attacks globally. This increasing concern for data loss prevention by enterprises has created high demand for intelligent threat security tools and techniques.

The major growth driver of Intelligent Threat Security market includes increasing cyber-crimes, and high adoption of cloud-based services. However, lack of technical expertise, and high initial costs are some of the major factors hindering the growth of Intelligent Threat Security Market.

Industry News

February 2018 – LogicHub and VMRay announced their joint partnership to improvise their security operation centers. Under this partnership, LogicHub is combining their intelligent security automation solutions with VMRay‘s threat analysis and detection platform.

February 2018 – Eaton is collaborating with UL to establish advance cyber security solutions for power management technologies. Further, Eaton’s cyber security research and testing lab in Pittsburgh became the first lab to participate in UL’s data acceptance program organized for cyber security solutions.

January 2018 – Amazon Web Services acquired Sqrrl, a cyber-security software company. The acquisition is performed to align Sqrrl’s advanced threat hunting solutions with Amazon’s newly launched intelligent threat detection service named “GuardDuty”.

Intelligent Threat Security Global Market- Competitive Analysis

The market position analysis is derived by considering various factors such as financial position, segmental R&D investment, brand value, Intelligent Threat Security product portfolio, strategy analysis, and key innovations in Intelligent Threat Security market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.

Intelligent Threat Security Global Market- Segmentation

The Intelligent Threat Security Market can be classified into 4 key segments as follows:

Segmentation by Solution: Log Management, Security Information and Event management, Risk Management, Identity and Access management and among others.

Segmentation by Deployment: On-cloud and On-premise

Segmentation by Services: Managed and Professional.

Segmentation by End-Users: IT and Telecom, Healthcare, Retail, Government among others.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Intelligent Threat Security Global Market- Regional Analysis

The global Intelligent Threat Security market is estimated to grow at a promising rate in upcoming years. North America is expected to dominate the market globally due to increasing cyber-crimes and high adoption of internet services by almost every medium & large enterprises in the region. Asia-Pacific is the fastest growing region which is estimated to show high growth during forecast period. Increasing technology adoption, high adoption of smartphones & cloud technology has increases the threat of cyber-crimes in the region which further is expected to drive the growth of Intelligent Threat Security market in the region. However, technical limitation in the market is expected to hamper the market growth in coming years.

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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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