Threat Intelligence Market Size $20.51 Bn by 2029 | Key Companies: IBM, Cisco, Forcepoint
Threat Intelligence Market Poised for Steady Growth at 7.39% CAGR Through 2030
The global threat intelligence market is projected to reach a value of US$20.51 billion by 2029, growing at a healthy Compound Annual Growth Rate (CAGR) of 7.39% over the forecast period (2024-2030). This surge is attributed to the increasing sophistication of cyberattacks and the growing need for organizations to proactively protect their critical data and infrastructure.
Market Overview
Maximize Market Research’s comprehensive report offers a deep dive into the threat intelligence market landscape. It provides valuable insights into key market drivers, restraints, opportunities, and challenges. The report also analyzes the competitive landscape, highlighting major players and their strategies.
Market Scope
The report encompasses a detailed analysis of the global threat intelligence market, segmenting it by component (solutions and services), application (security information and event management, government, risk and compliance, business continuity planning and management), deployment (cloud and on-premises), and vertical (IT and ITeS, BFSI, healthcare and life sciences, retail and e-commerce, manufacturing, and others).
Segmentation Breakdown
- Components: The solutions segment is expected to hold the dominant market share due to the rising demand for advanced threat intelligence platforms that can collect, analyze, and disseminate threat data in real-time.
- Applications: The security information and event management (SIEM) segment is projected to witness significant growth due to the increasing adoption of SIEM solutions that integrate threat intelligence feeds.
- Deployment: The cloud-based deployment model is gaining traction due to its scalability, flexibility, and cost-effectiveness.
- Verticals: The BFSI sector is expected to remain a major contributor to the market growth due to the stringent compliance regulations and the high volume of sensitive data handled by financial institutions.
Major Threat Intelligence Market Players
- IBM
- Keepnet Labs
- Cymulate
- Cisco
- VMware
- SOCRadar
- Cyware
- Broadcom
- Forcepoint
- Mimecast
- Trend Micro
- Check Point
- DXC Technology
- McAfee
- AT&T
- Anomali
- LookingGlass
- EclecticlQ
Regional Analysis
North America is expected to hold the largest market share due to the presence of major threat intelligence vendors and the high adoption rate of advanced security solutions. However, the Asia-Pacific region is anticipated to witness the fastest growth due to the increasing digitalization and growing awareness of cyber threats.
COVID-19 Impact Analysis
The COVID-19 pandemic has had a mixed impact on the threat intelligence market. On the one hand, the increased reliance on remote work has created new security vulnerabilities, driving the demand for threat intelligence solutions. On the other hand, economic disruptions have led to budget constraints for some organizations, hindering their investments in cybersecurity solutions.
Key Questions Answered in the Report
- What is the expected market size of the global threat intelligence market by 2030?
- Which factors are driving the growth of the threat intelligence market?
- Which segment is expected to hold the largest market share?
- Who are the major players in the threat intelligence market?
- What are the key trends emerging in the threat intelligence market?
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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