The global threat intelligence market can be bifurcated as component, deployment, organization size, end-users and region. On the basis of organization size, the market can be segmented as small, large and medium enterprises. Out of these, small and medium sized enterprises accounted for the largest market share majorly due to presence of small & medium sized enterprises in the Asia-Pacific region and the increasing need for better network solutions.
The factors contributing to the growth of the threat intelligence market are rising adoption by SMEs, growing adoption of crowd sourced threat intelligence stages and high implementation of threat intelligence solutions across various sectors. The main idea of threat intelligence is to understand and provide predictive remedies for advanced persistent threats and exploits in the organizations and to prevent organizations from attacks on enterprise network security infrastructure. However, factors such as high cost related to technological innovations and technical integrations are hindering the growth of the threat intelligence market. Furthermore, evolution of threat intelligence solutions and increasing demand for integrating security operations are expected to boost the growth of the threat intelligence market over the forecast period, 2017-2023.
Threat intelligence can be explained as information that can be acted upon to change results. Threat intelligences prevents organizations from cyber threats. Also, it is basically a process of moving subjects from ‘unknown knowns’ to ‘known unknowns’ by discovering various threats, understanding the threat and mitigating threats.
The global Threat Intelligence Market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The threat intelligence market is highly competitive due to the presence of several large vendors.
Regionally, North America accounted for the largest market share from countries such as U.S. and Canada among others. The reason is attributed due to the presence of large number of threat intelligence vendors and the increasing number of large scale enterprises. However, Asia-Pacific is expected to grow over the forecast period, 2017-2023. The reason is attributed to growing demand for high-end technology solutions for security and increasing demand by enterprises to protect network infrastructure.
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Major Key Players:
- Dell Technologies, Inc. (US)
- IBM Corporation (US)
- Symantec Corporation (US)
- McAfee LLC (US)
- Trend Micro Incorporated (Japan)
- IBM Corporation (US)
- Fire Eye, Inc. (US)
- Juniper Networks, Inc. (US)
- Check Point Software Technologies Ltd. (US)
- Optiv Security, Inc. (US)
- Log Rhythm, Inc. (US)
- AlienVault, Inc. (US)
- Webroot, Inc. (US)
- Farsight Security, Inc. (US)
- F-Secure Corporation (Europe)
- Looking Glass Cyber Solutions, Inc. (US)
The global Threat Intelligence Market is expected to grow significantly over the forecast period, 2017-2023. BFSI segment of threat intelligence market globally drives the market majorly due to increasing demand for better solutions for protection of network infrastructure. The market is expected to have higher growth rate as compared to the previous years. The global threat intelligence market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. BFSI segments hold a largest share in the North-American region. The reason is attributed to implementation of threat intelligence solutions, banks and other financial institutions will help to assess the type of threat and detect their patterns in real-time and by reducing suspicious activities.
Also, organizations are looking for better technologically advanced solutions in this region. Therefore, BFSI segment of threat intelligence market accounted for the largest market share.
Asia-Pacific region is expected to grow at a fast pace over the forecast period, 2017-2023. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to security measures against the evolving cyber-attacks and SMEs & large-scale organizations are adopting threat intelligence solutions in this region.
North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to increasing number of vendor present across this region and the growing use of technologically advanced solutions against cybercrimes such as fitness bands, standard regulation and presence of technical expertise.
For the purpose of this study, Market Research Future has segmented the market of threat intelligence into component, deployment, organization size, end-users and region.
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- IT & Telecommunication
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Organization Size Software
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
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