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Dark Web Intelligence Global Market Report 2024: Size, Growth, Trends, Competitive Landscape to 2033
The Business Research Company recently released a comprehensive report on the Global Dark web Intelligence Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, 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.
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Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
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
Dark web Intelligence Market 2024 Key Insights:
• The dark web intelligence market is expected to grow to $1.36 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%.
• Rising Cybersecurity Concerns Fuel Dark Web Intelligence Market Growth
• Integration Of Virtual Machines For Enhanced Security And Investigation Capabilities
• North America was the largest region in the dark web intelligence market in 2023
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