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Threat Intelligence Market By Deployment Model (Cloud, On-premise), By Vertical (Banking, Financial Services, And Insurance (BFSI), IT & Telecom, Healthcare, Retail, Energy And Utilities, Manufacturing, Education, Government & Defense) - Growth, Future Prospects & Competitive Analysis, 2018 - 2026

The global threat intelligence market is expected to witness a growth rate of 17.2% CAGR during the forecast period of 2018–2026. Threat intelligence has become an integral part of businesses due to the ever-changing dynamics and technology landscape across the globe. In view of rising incidences of threat breaches and cybercrimes, the adoption of threat intelligence solutions has surged over the last few years. In addition, the rise in the adoption of cloud-based solutions and Internet of Things (IoT)-enabled devices is supporting demand for threat intelligence amongst several end-use sectors, including government, healthcare, military, and BFSI, among others. In order to increase productivity, several organizations have started implementing the concept of "bring your own device" (BYOD).

On the contrary, the concept reveals the personal information and data of the user, giving rise to privacy concerns associated with data security. The security breaches that take place in the organization often lead to financial damage or espionage motives, creating major disturbances in the business environment. Thus, security-related issues such as data breaches and cyber-attacks are contributing to increasing demand for threat intelligence services and solutions. All these factors are collectively expected to contribute towards a double-digit CAGR during the forecast period (2018–2026). However, the high cost and technical complexities associated with the deployment and the lack of awareness regarding evolving cyber threats are challenging the growth of the global threat intelligence market.

The global threat intelligence market is classified into the following categories:

By Component:

  • Solutions
  • Services

By Deployment Model

  • Cloud
  • On-premise

By Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • IT & Telecom
  • Healthcare
  • Retail
  • Energy and Utilities
  • Manufacturing
  • Education
  • Government and Defense
  • Others (Transportation)

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

The research study titled "Global Threat Intelligence Market: Growth, Future Prospects, and Competitive Analysis, 2018–2026" offers an in-depth qualitative analysis of the global threat intelligence market, together with market forecasts and market sizing from 2016 to 2026. The study classifies the global threat intelligence market based on components, applications, end-use verticals, and cross-sectional insights across geographic regions. The research study conveys a complete opinion on market dynamics, including market drivers, opportunities, and challenges prevailing in the threat intelligence market. Furthermore, the study examines key market trends that are shaping the market.

To facilitate investors and decision-makers, the study portrays the competitive landscape, covering profiles of major threat intelligence solution vendors, their market positioning, key business strategies adopted, and key developments in the recent past. Major manufacturers profiled in the research study include Check Point Technologies Ltd., Dell Inc., FireEye, Inc., IBM, Juniper Networks, Inc., LogRythm, Inc., LookingGlass Cyber Solutions, Inc., McAfee, LLC, Optiv Security, Inc., Symantec Corporation, Trend Micro, and Webroot, Inc.

Other insights covered in the research study include the following:

  • Relative analysis of all sub-segments for 2017 and 2026
  • Market sizing of historical years (2016 and 2017)
  • SRC (Segment, Region, Country) Analysis
  • Thus, the research report offers a 360-degree view of the global threat intelligence market by giving market size and forecasts.

On the basis of the deployment model, the global threat intelligence market is segmented into the following categories:

  • Cloud
  • On-premise

Although the market is witnessing a paradigm shift from on-premise to cloud-based models, many large and well-established organizations are still extensively dependent on on-premise solutions. Thus, on-premise solutions are expected to register reasonable growth during the forecast period of 2018–2026. However, the deployment of cloud-based solutions is anticipated to grow at a relatively superior rate due to the evolving demand for mitigating security-related risks across organizations. Cloud security solutions are less expensive than on-premises security solutions.

Since organizations find it difficult, expensive, and time-consuming to manage on-premise solutions, they have begun migrating from their conventional on-premise model to a cloud-based model. The adoption of cloud-based security solutions is increasing and is expected to show incremental growth during the forecast period. The use of cloud-based solutions leads to huge savings, so organizations are opting for the use of the cloud for data sharing.

On the basis of vertical distribution, the global threat intelligence market is segmented into the following categories:

  • Banking, Financial Services, and Insurance (BFSI)
  • IT & Telecom
  • Healthcare
  • Retail
  • Energy and Utilities
  • Manufacturing
  • Education
  • Government and Defense
  • Others (transportation, etc.)

The banking, financial services, and insurance (BFSI) vertical is heavily targeted and plagued by cybercrime. Advancements in online and internet banking technologies are expected to only elevate security vulnerabilities. In view of increasing incidences of cyber threats and data breaches, the BFSI industry is taking proactive measures and spending heavily on threat intelligence solutions. In addition, compliance with stringent regulations promoting network security is expected to boost demand for threat intelligence solutions over the forecast period.

The demand for threat intelligence solutions across other verticals, especially government and healthcare, is estimated to have experienced incremental growth during the forecast period. Increasing security breaches and consequent threats provide a sound opportunity for threat intelligence vendors to expand their offerings by developing solutions that address the distinct requirements of different verticals.

In terms of value contribution, North America is currently leading the threat intelligence market worldwide and is presumed to remain one of the major markets during the forecast period. The demand for threat intelligence, particularly in the U.S., is driven by initiatives taken by the government to promote awareness about the prevailing cybercrime issues. In addition, organizations and businesses across the country are taking preventive measures to avoid and mitigate the risks associated with security breaches. On the other hand, Asia Pacific is slated to generate a steady revenue stream over the forecast period due to rising incidences of network security and cybercrime-related activities in the region. Several proactive security measures are in place to combat the region's evolving cyber-attacks. Increasing defense and military spending and augmented cyber security budgets, especially in India and China, are fueling the Asia-Pacific threat intelligence market.

Frequently Asked Question:

The market for Threat Intelligence Market is expected to reach USD$ XX Bn in 2026.

The Threat Intelligence Market is expected to see significant CAGR growth over the coming years, at 17.2%.

The report is forecasted from 2018 -2026.

The base year of this report is 2017.

Technologies Ltd., Dell Inc., FireEye, Inc., IBM, Juniper Networks, Inc., LogRythm, Inc., LookingGlass Cyber Solutions, Inc., McAfee, LLC, Optiv Security, Inc. are some of the major players in the global market.

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Godaddy
Published Date:  Feb 2018
Category:  Technology & Media
Report ID:   58993
Report Format:   PDF
Pages:   120
Rating:    4.2 (27)
Delivery Time: 24 Hours to 48 Hours   
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