The Threat Intelligence Management Market can detect threat information and provide intelligence feed to the security analysts which is essential to perform threat analysis. Cybersecurity market face many challenges like huge volumes of data, lack of skilled analysts and evolving complexity of cyber-attacks makes it necessary to enhance the network security. The higher rate of adoption of threat intelligence in government, healthcare, banking and financial services is the major factor in the growth of threat intelligence management market.
One of the benefits of threat intelligence management solution is its ability to detect threat information and transform this information into relevant intelligence which can be utilized by analysts to upgrade the current security model and take preventive actions. Threat Intelligence Management provides the user a portal to monitor the latest threat actors, the attacks they conduct and identify frequently targeted data. With this feature, analysts can interpret various ways in which these actors and attacks can impact their business.
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However, a major challenge that the threat intelligence management faces today is the speed at which the threat intelligence is received to prevent an attack. Incapability of security systems to share the threat in real-time can pose a challenge to the overall market. Security Systems must share the threat in real-time to match the speed of the attack.
Some of the major players in global threat intelligence management market include IBM Corporation (USA), Dell Technologies, Inc. (USA), McAfee LLC (USA), Trend Micro Incorporated (Japan), Symantec Corporation (USA), Check Point Software Technologies Ltd. (USA), Juniper Networks, Inc. (USA), FireEye, Inc. (USA), LogRhythm, Inc. (USA), LookingGlass Cyber Solutions, Inc.(USA), Optiv Security, Inc. (USA).
Other players include Webroot, Inc. (USA), Farsight Security, Inc. (USA), F-Secure Corporation (Europe), AlienVault, Inc. (USA), Splunk, Inc. (USA)
The geographical analysis of threat intelligence management market is done for regions like North America, Europe, Asia Pacific, and rest of the world. Among these regions, the market is mostly dominated by North America due to massive deployment of Cybersecurity and threat intelligence management solutions. The United States of America share a major portion of the overall market size as the country has seen various advancement in the threat intelligence management solutions. Rapid growth in cyber-activity and consequently increasing cyber-crime has triggered the country to enhance their defense networks.
Within the years to come, we will see an increase in the volume of data and the flow of data across the internet. As more companies adopt smart technology and become dependent on it, the need for threat intelligence management solutions increases. Asia Pacific region is expected to grow over the forecast period. As SME’s and Large Enterprises in China, Japan and India perceive the significance of advanced firewall and intrusion detection technologies they will adopt threat intelligence management to prevent any attack. The rapid growth of various industry segments in Asia Pacific region will increase the adoption of threat intelligence solutions in the market.
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- Network Operators
- Government Agencies
- Telecommunication Companies
- IT Security Providers
- Software Solutions Providers
- Cybersecurity Providers
- Software Vendors
- Media companies
- Manufacturing companies
- Retail Companies
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