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Threat Intelligence Market by Solution (SIEM, Log Management, IAM, SVM, Risk Management, Incident Forensics), Service (Managed, Professional), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2022

Threat Intelligence Market: Global Forecast until 2022

  • July 2017
  • 171 pages
  • ID: 5040090
In this report:
The threat intelligence market in North America is expected to grow at a CAGR of ##.##% during the forecast period and is estimated to account for ##.##% of the global threat intelligence market share in 2017.
North America is estimated to account for the largest share of ##.##% of the global threat intelligence market in 2017 and is expected to grow at a CAGR of ##.##% during the forecast period.

Summary

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"Increasing threat of data breach due to insider attacks and growing adoption of crowdsourced threat intelligence platforms trend is predicted to push the threat intelligence market"

The threat intelligence market size is forecasted to grow from ~$3.8B in 2017 to ~$8.9B by 2022, at a CAGR of 18.40 percent.

The threat intelligence market is influenced by Elements such as the threat of data breach due to insider attacks, fast-paced adoption of threat intelligence solutions among SME's and rising adoption of crowdsourced threat intelligence platforms trend.

On the other hand, choosing the right threat intelligence platform that best fits with the security infrastructure is still a concern for the institutions. As well, for the best threat intelligence, the cost of deployment is still high and many enterprises view budgetary constraints as a barrier.

"Incident forensics segment is anticipated to grow at the maximal CAGR during the outlook period"

The threat intelligence market by solution includes SIEM, log management, IAM, risk management, SVM, and incident forensics. These solutions protect the systems individually, and when integrated with the threat intelligence platform they offer comprehensive security to the users. The incident forensics segment in the threat intelligence solution market is planned to have the maximal CAGR (Compound annual growth rate) during the estimate period. The incident forensics solution is being deployed as significant number of SMEs is adopting this technology to secure their organizations from vulnerabilities.

"Small and Medium-sized segment is anticipated to increase at the maximal compound annual growth rate (CAGR) during the outlook period"

The SMEs segment is anticipated to rise at the highest CAGR (Compound annual growth rate), due to the growing incidences of cyber-attacks on these enterprises as well as to deploy threat intelligence solutions. SMEs are small in terms of their size but cater to a important number of customers globally. Robust and comprehensive security solutions are not implemented in SMEs, due to financial constraints in these organizations.

Weak cybersecurity and low budget make the organizations more susceptible to advanced cyber-attacks including ransomware, botnets, zero-day attacks, and Advanced Persistent Threats. Nevertheless, the big enterprises segment accounts for the most important share of the threat intelligence market in 2017.

"Asia Pacific (APAC) is intended to have the maximum growth rate during the estimate period"

Asia-Pacific includes emerging economies including India, China (CN), Australia (AU), Hong Kong (HK), and Japan (JP), which are quickly deploying threat intelligence solutions. Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The APAC threat intelligence market is gaining traction as it offers proactive security measures against the evolving cyber-attacks. SMEs as well as large-scale organizations in the Asia-Pacific regions have become more aware of the rising cybercrimes and have started adopting threat intelligence solutions and services to combat them. Additionally, North America continent is forecasted to have the biggest industry size in 2017.

Comprehensive interviews were managed with CEOs, marketing directors, innovative products and technology directors, and executives from numerous main institutions operating in the threat intelligence market.

- By Company Type: Tier 1: 50.0 percent, Tier 2: 30.0 percent, and 1/3 3: 20.0 percent

- By Designation: C-Level: 60.0 percent, Director Level: 20.0 percent, and Others: 20.0 percent

- By area: North america (NA): 40.0 percent, Europe: 15.0 percent, APAC: 15.0 percent, and Others: 30.0 percent

The market research includes the study of main players offering threat intelligence solution and services including IBM (NYSE:IBM), Dell Technologies, Incorporated, McAfee LLC, Trend Micro Incorporated, Symantec (NASDAQ:SYMC), Check Point Software Technologies Ltd., Juniper Networks, Incorporated, FireEye, Incorporated, LogRhythm, Incorporated, LookingGlass Cyber Solutions, Incorporated, Optiv Security, Incorporated, Webroot, Incorporated, Farsight Security, Incorporated, F-Secure Corporation, AlienVault, Incorporated, and Splunk, Incorporated.

Segment Research

The industry report includes the threat intelligence services across several segments. It aims at evaluating the market value and upcoming growth potential of this market, across distinct segments including solution, services, deployment mode, organization size, market vertical, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, main observations associated to product and business offerings, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on the best approximations of the revenue data for the global threat intelligence market and the sub-segments.

This industry report will facilitate partners comprehend the competitive landscape and obtain additional insights to better option their businesses and to plan suitable go-to-market approaches. The market research also benefits partners to comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives.

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