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Dark web Intelligence Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Dark web Intelligence Industry Market Size Be by 2025?
In recent years, there has been a significant expansion in the size of the dark web intelligence market. It is predicted that it will rise from $0.63 billion in 2024 to $0.76 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 20.9%. The historic growth of this market can be ascribed to the increase in cybercrime activities, the growing complexity of cyber threats, requirements for regulatory compliance, the emergence of nation-state cyber assaults, and the broadening of digital ecosystems.
What's the Long-Term Growth Forecast for the Dark web Intelligence Market Size Through 2029?
The size of the dark web intelligence market is projected to experience significant expansion in the coming years, with its value slated to reach $1.66 billion by 2029, marking a compound annual growth rate (CAGR) of 21.4%. This anticipated growth during the forecast period can be ascribed to numerous factors such as the escalating complexity of cyber threats, increasing regulatory impositions on organizations to protect confidential information, a surge in incidents involving data breaches and identity theft, the proliferation of digital transformation undertakings leading to a greater online footprint, and the need for proactive threat intelligence solutions to mitigate cyber vulnerabilities. Expected trends in the forecast period encompass greater integration of artificial intelligence (AI) and machine learning, expansion of threat intelligence sharing platforms, a surge in ransomware-as-a-service threats, a heightened focus on insider threats and supply chain security, as well as technological advancements.
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What Are the Key Growth Drivers Fueling the Dark web Intelligence Market Expansion?
The rising demand for cybersecurity is poised to bolster the expansion of the dark web intelligence market. Cybersecurity, a method of safeguarding computer systems, networks, programs, and data from digital assaults, harm, larceny, or unsanctioned access, is key in dark web intelligence to guard against unauthorized access, secure confidential data and avert possible cyber threats emerging from monitoring activities on the dark web. For example, in February 2023, per the Australian Cyber Security Centre, an Australian cyber security establishment, the cybercrime reports garnered in 2022 hit 76,000, marking a 13% increase from the earlier year. Hence, the escalating demand for cybersecurity is fuelling the growth of the dark web intelligence market.
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What Are the Key Trends Driving Dark web Intelligence Market Growth?
Prominent firms in the dark web intelligence market are concentrating their resources on developing sophisticated solutions like virtual machines - a software equivalent of a physical computer, to strengthen their market position. This technology enables cybersecurity experts and investigators to explore the dark web securely in a detached environment. For example, Searchlight Cyber, a prominent dark web intelligence provider from the UK, introduced the Stealth Browser in April 2023. This secure virtual machine facilitates safe access to the dark web for cybersecurity professionals, aiding investigations without jeopardising their safety or that of their organisations. Stealth Browser is an upgrade to the Cerberus investigation platform of Searchlight, used by law enforcement bodies, corporations, and managed security service providers (MSSPs) to detect illicit activities on the dark web. It brings a secure way for investigators to launch a virtual machine directly from their web browsers, neglecting the need for any software installation.
How Is the Dark web Intelligence Market Segmented?
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
Subsegments:
1) By Solution: Dark Web Monitoring Tools, Threat Intelligence Platforms, Data Analysis Software, Reporting And Visualization Tools
2) By Services: Consulting Services, Incident Response Services, Managed Services, Training And Awareness Programs
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Which Companies Are Leading the Charge in Dark web Intelligence Market Innovation?
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
Which Regions Are Leading the Global Dark web Intelligence Market in Revenue?
North America was the largest region in the dark web intelligence market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dark web intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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