Press release
Dark web Intelligence Market Analysis With Key Players, Applications, Trends And Forecast To 2033
The dark web intelligence market size has grown exponentially in recent years. It will grow from $0.52 billion in 2023 to $0.63 billion in 2024 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to rise in cybercrime activities, growing sophistication of cyber threats, regulatory compliance requirements, rise of nation-state cyber-attacks, and expansion of digital ecosystems.The dark web intelligence market size is expected to see exponential growth in the next few years. It will grow to $1.36 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to increasing sophistication of cyber threats, growing regulatory pressure on organizations to secure sensitive data, rise in data breaches and identity theft incidents, expansion of digital transformation initiatives leading to increased online presence, and demand for proactive threat intelligence solutions to mitigate cyber risks. Major trends in the forecast period include increased integration of ai and machine learning, expansion of threat intelligence sharing networks, rise in ransomware-as-a-service threats, focus on insider threats and supply chain security, technological advancements.
Market Overview -
Dark web intelligence refers to the collection, analysis, and interpretation of information gathered from the dark web, a part of the internet that isn't indexed by search engines. It involves monitoring and understanding activities taking place on the dark web to identify potential threats, criminal activities, and emerging trends.
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Rising Cybersecurity Concerns Fuel Dark Web Intelligence Market Growth
The growing need for cybersecurity is expected to propel the growth of the dark web intelligence market going forward. Cybersecurity refers to the practice of protecting computer systems, networks, programs, and data from digital attacks, damage, theft, or unauthorized access. Cybersecurity is essential in dark web intelligence to protect against unauthorized access, secure sensitive information, and prevent potential cyber threats that may arise from monitoring activities on the dark web. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cybercrime reports received in 2022 were 76,000, up from 13% from the previous year. Furthermore, in 2021, according to the Internet Crime Complaint Center, a US-based government organization, the United States witnessed 847,376 cybercrime complaints, marking a 7% surge from 2020, with estimated losses surpassing $6.9 billion. Therefore, the growing need for cybersecurity is driving the growth of the dark web intelligence market.
Competitive Landscape -
Major companies operating in the dark web intelligence market report are Carbon Black Inc., Darktrace PLC, Recorded Future Inc., Anomali Inc., ZeroFox Holdings Inc., ThreatConnect, LookingGlass Cyber Solutions Inc., IntSights Cyber Intelligence Ltd., EclecticIQ B.V., CipherTrace Inc., Blueliv, Digital Shadows Ltd., BlackBag Technologies Inc., KELA Group, PhishLabs Inc., Terbium Labs Inc., Cybersixgill, Group-IB, QOMPLX Inc., SenseCy, RiskIQ, SurfWatch Labs, DarkOwl LLC, Flashpoint
Integration Of Virtual Machines For Enhanced Security And Investigation Capabilities
Major companies operating in the dark web intelligence market are focusing their efforts on introducing intelligent and advanced solutions, such as virtual machines, to gain a competitive edge in the market. A virtual machine is a software-based copy of a physical computer that allows investigators and cybersecurity professionals to access the dark web in a secure and isolated environment. For instance, in April 2023, Searchlight Cyber, a UK-based dark web intelligence company, launched Stealth Browser, a secure virtual machine that allows cybersecurity professionals to access the dark web and conduct investigations without risking their safety or that of their organization. Stealth Browser is an enhancement to Searchlight's Cerberus investigation platform, which is used by law enforcement agencies, enterprises, and managed security service providers (MSSPs) to uncover criminal activity on the dark web. It provides a secure way to access the dark web, allowing investigators to generate a virtual machine directly from their internet browser without the need to install any software.
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Key Segments -
The dark web intelligence market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Model: On-premise, Cloud
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By Application: Banking, Financial Services And Insurance (BFSI), Education, Government, Healthcare, Transportation, Manufacturing, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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