Press release
Threat Hunting Market Insights on Professional and Managed Services Driving Cybersecurity Efficiency and Real-Time Threat Detection
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Threat Hunting Market - (By Offering (Tools (EDR, SEIM, NDR, Threat Intelligence platform, Others), Services (Professional Services, Managed Services)), By Threat Type (Advanced Persistent Threats (APTs), Malware and Ransomware, Insider Threats, Phishing and Social Engineering, Others (DDoS, Zero-Day Exploits)), By Deployment Mode (Cloud, On-Premises), By Organization Size (Large Enterprises, SMEs), By Vertical (BFSI, IT and ITeS, Government, Energy and Utilities, Manufacturing, Healthcare, Retail, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Threat Hunting Market is valued at US$ 3.1 Bn in 2023, and it is expected to reach US$ 8.5 Bn by 2031, with a CAGR of 13.7% during the forecast period of 2024-2031.
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Threat hunting represents a proactive approach to cybersecurity, wherein specialized professionals actively search for indicators of malicious activity, vulnerabilities, or potential security breaches within an organization's network. The growing demand for continuous and advanced threat detection is driving the expansion of the threat-hunting market. Increasing regulatory requirements for data protection and cybersecurity are further accelerating the adoption of threat-hunting solutions among enterprises. Additionally, the widespread transition to cloud computing and the emergence of generative artificial intelligence (AI) technologies are reshaping the threat-hunting landscape.
The rapid escalation in both the frequency and sophistication of cyberattacks globally serves as a key market driver. Within this market, AI-powered threat-hunting solutions hold significant growth potential, leveraging machine learning and advanced analytics to enhance the detection, investigation, and response capabilities of cybersecurity teams. Furthermore, as organizations continue to undergo digital transformation, the necessity for comprehensive and proactive threat-hunting strategies is becoming increasingly critical, supporting sustained market growth.
List of Prominent Players in the Threat Hunting Market:
• IBM
• Kaspersky
• Capgemini
• CrowdStrike
• Trustwave
• Verizon
• SecureWorks
• Sangfor
• Eviden
• Rapid 7
• VMware
• Solidworks
• Trend Micro
• Cynet
• Palo Alto Networks
• Cipher
• Talatek
• SOC Prime
• RSI Security
• Protected Harbour
• Mindpoint Group
• Exponential- E
• Redscan
• Iron Net Cybersecurity
• LiveAction
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Market Dynamics: Threat Hunting
Drivers:
The demand for threat-hunting solutions is primarily driven by the increasing sophistication of cyber threats that often evade traditional security measures. Proactive cybersecurity strategies are becoming essential for organizations to identify, investigate, and mitigate threats before they can cause significant damage. The growth of data protection regulations and heightened emphasis on safeguarding sensitive information are further fueling the adoption of threat-hunting capabilities.
Additionally, organizations are investing in advanced tools and skilled personnel to strengthen their threat detection and response operations. Technological advancements, particularly in artificial intelligence and automation, are enhancing threat-hunting efficiency and effectiveness, thereby contributing to overall market expansion.
Challenges:
Market growth is constrained by several factors, including a shortage of qualified cybersecurity professionals. The high costs associated with deploying advanced threat-hunting technologies and integrating them into existing security frameworks pose additional barriers, particularly for small and medium-sized enterprises. Continuous maintenance, system updates, and employee training requirements add operational complexity, while regulatory uncertainties and substantial capital investments in infrastructure further limit broader adoption.
Regional Trends:
North America is projected to hold a dominant revenue share in the global threat-hunting market, driven by its mature cybersecurity ecosystem, stringent regulatory environment, concentration of high-value enterprises, substantial investments in security infrastructure, and presence of leading market players.
The Asia-Pacific region is also witnessing significant growth, supported by robust financial and healthcare sectors, which are prime targets for cyberattacks, and by strict data protection regulations that drive the demand for threat-hunting solutions. In Europe, market expansion is bolstered by increasing public awareness of cybersecurity threats and government initiatives aimed at strengthening digital defenses.
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Recent Developments:
• In July 2024, Cloudflare and CrowdStrike deepened their strategic alliance, integrating their platforms to halt massive breaches, speed up the transformation of security operations centres, and improve device-to-network security.
• In June 2024, CrowdStrike and Google Cloud announced that they were reinforcing their strategic alliance. Through this long-term collaboration, Mandiant can offer Incident Response (IR) & Managed Detection and Response (MDR) services that leverage the CrowdStrike Falcon and Google Cloud Security Operations platforms. The relationship also centres on CrowdStrike's EDR, ITDR, and Exposure Management products, which are among the best in the Industry.
Segmentation of Threat Hunting Market-
By Offering-
• Tools
o EDR
o SEIM
o NDR
o Threat Intelligence platform
o Others
• Services
o Professional Services
o Managed Services
By Threat Type-
• Advanced Persistent Threats (APTs)
• Malware and Ransomware
• Insider Threats
• Phishing and Social Engineering
• Others (DDoS, Zero-Day Exploits)
By Deployment Mode-
• Cloud
• On-Premises
By Organization Size-
• Large Enterprises
• SMEs
By Vertical
• BFSI
• IT and ITeS
• Government
• Energy and Utilities
• Manufacturing
• Healthcare
• Retail
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/threat-hunting-market/2807
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: https://www.insightaceanalytic.com/
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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