Industry Background:
The growing demand for cyber threat intelligence is increasing owing to the rise in cyber-crime, threat breaches, and growing numbers of sophisticated attacks in leading security conscious sectors. Cyber threat intelligence is defined as information that is used by an organization to understand the threat that will or is currently targeting the organization. It is also known as cyber threat intelligence, it is an organized, analyzed, and refined information about potential or current attacks that threaten an organization. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
Key Companies Profiled | Symantec (United States), IBM (United States), FireEye (United States), Check Point (United States), Trend Micro (Japan), Dell Technologies (United States), McAfee(United States), LogRhythm (United States), Kaspersky (Russia) and Digital Shadows (United States) |
According to AMA, the market for Cyber Threat Intelligence is expected to register a CAGR of 17.5% during the forecast period to 2027. This growth is primarily driven by Growing Incidences of Security Breaches and Cyber Crime and Increasing Level of Interconnectivity Due to Rising IoT and BYOD Trends.
Globally, a noticeable market trend is evident Evolution of Next-generation Security Solutions
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Symantec (United States), IBM (United States), FireEye (United States), Check Point (United States), Trend Micro (Japan), Dell Technologies (United States), McAfee(United States), LogRhythm (United States), Kaspersky (Russia) and Digital Shadows (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Key players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Key players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
Key Developments in the Market:
In March 2019, Saudi Telecom Company (STC) signed an agreement with Anomali, a US-based cybersecurity company, to support with high-quality information on sources of threats and cyber attacks, boosting the demand in telecom segment.
In March 2019, SlashNext announced its real-time phishing threat intelligence service. Users can get real-time, API access to a continuously updated list of phishing URLs, domains, and IPs as fast as they are discovered
Influencing Trend:
Evolution of Next-generation Security Solutions and Organization's Need to Deploy Next-Gen Cybersecurity
Market Growth Drivers:
Growing Incidences of Security Breaches and Cyber Crime and Increasing Level of Interconnectivity Due to Rising IoT and BYOD Trends
Challenges:
Complexities in Deriving Quality Information From Huge Volumes of Threat Data
Restraints:
Low Data Security Budget and High Installation Cost of Solution and Lack of Skilled Security Professionals
Opportunities:
Introduction of Ai, Machine Learning, and Big Data Analytics With Threat Intelligence and Highly Regulated Verticals Continuing to Create Attractive Opportunities for Threat Intelligence Vendors
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cyber Threat Intelligence Market
- Analysis about New Entrants in Cyber Threat Intelligence Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cyber Threat Intelligence Study Sheds Light on
The Cyber Threat Intelligence Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cyber Threat Intelligence industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cyber Threat Intelligence industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.