Press release
Threat Intelligence Market: Staying Ahead of Cyber Threats
The global threat intelligence market is growing due to several factors such as rise in number of sophisticated cyberattacks, growing need to secure critical infrastructure and extensive adoption and deployment of digital technologies. However, high cost associated with threat intelligence solutions acts as restraints for the threat intelligence market. On the contrary, favorable government initiatives and investments to strengthen security infrastructure provide opportunities for the market's development during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 412 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/5876
The global threat intelligence market size was valued at $13.5 billion in 2023, and is projected to reach $43.3 billion by 2033, growing at a CAGR of 12.4% from 2023 to 2033.
The global threat intelligence market is segmented into component, application, deployment mode, enterprise size, industry vertical, and region. By component, the market is segmented into solutions and services. On the basis application, it is segmented into security information and event management, government, risk and compliance, and business continuity planning and management. By deployment mode, the market is segmented into on-premise, and cloud. By enterprise size, the market segmented into large enterprises, and SMEs. On the basis of industrial vertical, the market is segmented into IT and Telecom, BFSI, healthcare and life science, retail and e-commerce, manufacturing, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and Latin America, and Middle East Africa.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/5876
Based on the component, the services segment is expected to attain the largest CAGR during the forecast period, owing to the growing use of artificial intelligence (AI) and machine learning to analyze vast amounts of data and identify patterns indicative of potential threats. These technologies enable threat intelligence services to provide more accurate and timely threat detection, automate repetitive tasks, and enhance predictive capabilities.
Based on application, the security information and event management segment is expected to attain the largest CAGR during the forecast period, owing to the growing integration of SIEM systems with advanced threat intelligence feeds. By incorporating contextual threat data from external sources, SIEM platforms can provide more comprehensive and actionable insights, enabling organizations to detect and respond to threats with greater precision and speed.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/threat-intelligence-market
Based on organization size, the small and medium-sized enterprise segment is expected to attain the largest CAGR during the forecast period, owing to the growing availability of affordable, scalable threat intelligence services tailored specifically for SMEs. These services offer essential threat detection and response capabilities without requiring large-scale investments or extensive in-house expertise.
Based on deployment mode, the cloud segment is expected to attain the largest CAGR during the forecast period, owing to the growing adoption of cloud-based threat intelligence platforms, which offer scalability and flexibility that on-premises solutions often lack. These cloud-based platforms enable organizations to access and analyze vast amounts of threat data in real-time, without the need for significant infrastructure investments. They provide a centralized, easily accessible repository for threat intelligence, allowing for more efficient and comprehensive monitoring of cyber threats.
Based on industry vertical, the BFSI segment is expected to attain the largest CAGR during the forecast period, owing to the integration of advanced threat intelligence solutions with existing security infrastructure, such as Security Information and Event Management (SIEM) systems and Fraud Detection Systems (FDS) . This integration enables BFSI organizations to gain real-time insights into emerging threats and anomalies, allowing for quicker detection and response to potential security incidents.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5876
Based on region, North America held the highest market share in terms of revenue in 2023, owing to the growing adoption of AI and machine learning to enhance threat intelligence capabilities. These technologies enable more sophisticated analysis of large volumes of data, improving the accuracy and speed of threat detection and response. AI-driven threat intelligence platforms are increasingly used to identify emerging threats and predict potential attacks before they occur.
Leading companies in the threat intelligence market include Anomali, Broadcom, Check Point Software Technologies, Cisco Systems, CrowdStrike, IBM, Juniper Networks, McAfee, Microsoft, and Palo Alto Networks. These firms are driving market growth through strategies such as product launches, business expansion, and strategic partnerships.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐2 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/threat-intelligence-market/purchase-options
Recent News in the Threat Intelligence Industry
โ In October 2023, CrowdStrike, Inc. partnered with Box to enhance cloud security and protect enterprise data against cyber threats. This collaboration integrates Box's secure content management and collaboration capabilities with CrowdStrike's AI-powered Falcon platform, delivering advanced real-time access control and threat prevention. The partnership aims to safeguard cloud-stored content and help organizations prevent data breaches across diverse industries.
โ In August 2023, CrowdStrike, Inc. launched its Counter Adversary Operations initiative, combining the power of CrowdStrike Falcon Intelligence, Falcon OverWatch managed threat hunting teams, and trillions of real-time telemetry events from the AI-driven Falcon platform. This comprehensive approach aims to detect, disrupt, and neutralize advanced threats while increasing the operational costs for cyber adversaries.
โ In September 2023, Cisco Systems Inc. acquired Splunk and enhanced its threat intelligence solutions to help move organizations from threat detection and response to threat prediction and prevention.
โ In April 2023, Cisco Systems Inc. upgraded its threat intelligence solutions with Cisco's new XDR solution and the release of advanced features for Duo MFA to help organizations better protect the integrity of their entire IT ecosystem.
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