Global Threat Intelligence Market by Solution (Third Party Risk Management, Unified Threat Management, Log Management, IAM, Incident Forensics, SIEM) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2016, the global threat intelligence market was valued at USD 3.02 Billion. Organizations are increasingly using intelligence to understand threats and make informed decisions. This could drive the industry's growth over the forecast period.

Organizations should be concerned about the emerging cybercrime landscape in both developed and developing economies. Both large corporations and governments are trying to bridge the gap in spending on cybersecurity systems. They also seek out the best result from the collected threat artifacts to reduce or mitigate arising threats. Organizations have been able to use intelligence to provide actionable strategies and to identify relevant threats to their business due to its usefulness and applicability.

Cybercriminals around the world are exploiting network security to gain privileged access. This is due to the increase in sophistication of cyber-attacks. The attackers appear to be legitimate organizations and are expected to grow in number. This increases the risk of attacks on healthcare, BFSI, government and other sectors. These factors have resulted in increased security awareness, which has led to higher spending on threat intelligence solutions to reduce or mitigate the risk to the organization.

The UK and U.S. governments have a supportive approach to sharing cybercrime threat feeds. This allows state and private organizations to gather data and develop preventive measures ahead of time. Globally influential geopolitical nations like China, India and Russia have created APT units to protect sensitive data on governments and businesses. This is an extension of intelligence gathering policies.

Solution Insights

The 2016 market value of identity and access management (IAM), was USD 446.7 million. It is expected to grow at a healthy 16.5% CAGR over the forecast period. Effective security standards that allow users to authenticate and authorize themselves based on their access levels are responsible for the segment's growth. IAM is essential for organizations as they shift to cloud services. It allows employees to access data and applications without having to compromise security protocols.

This solution allows security teams to identify compromised users and related data during a breach. It is expected to increase its use in organizations and support market growth.

Incident Forensics will grow at a higher CAGR of 19.3% than other solutions over the forecast period. Its ability to trace the steps of security incidents step-by-step is responsible for the solution's growth. Incident forensics gives an organization a clear view of security events and determines what caused the breach. This provides an actionable strategy that secures and empowers an organization's security posture.

The highest anticipated growth rate for incident forensics is 19.3% between 2017 and 2025. Incident forensics is a method that reduces security breaches in the network and business environment. It also forms the first line of defense for security operations, strengthening the global market.

Service Insights

The market share held by managed services is significant and will continue to dominate the forecast period. This segment is expected grow at a significant CAGR ( 19.2%) over the forecast period. Segment growth can be attributed to solid intelligence foundation, redemption visibility and monitoring and control over an organization's security.

Managed threat intelligence services offer security management that is based on information gathered from the users' business environment and threat-landscape dynamics. The service provider feeds data into the systems, which then use an algorithm and analysis to identify significant events that will notify customers. The service provider also tunes the security of the organization to increase protection, which will help boost threat intelligence managed services.

Information on Deployment

Cloud-based deployments are expected to increase at a high CAGR (18.0%) over the forecast period. Cloud-based deployments are becoming more popular as they offer cost-effective solutions. Organizations are also finding it more difficult to manage on-premise solutions due to budget and expertise constraints. Cloud-based security solutions are in high demand as the adoption of public clouds is increasing at an alarming rate.

Cloud-based security adoptions are expected to grow in the near future due to increased adoption of cloud storage systems. Australia and Russia have adopted strict regulations regarding the domestic storage of data on cloud servers, rather than foreign cloud servers. To ensure cloud security, Australia has passed 13 new Australian Privacy Principles. These principles are shared by the public and private sectors.

As government agencies opt for cloud platforms to share data, the industry will see a rise in cloud-related projects. Cloud platforms have led to significant savings. Many commercial and government organisations are moving to cloud storage. This has resulted in strong growth in cloud security solutions.

Application Insights

BFSI will account for 21.8% of the market in 2016, according to estimates. BFSI is expected to see strong growth in threat intelligence markets. The sector is seeing an increase in threat intelligence spending as a response to growing cyber-crime, and internal breaches. In addition, attacks on the banking sector are increasing. This means that there is a greater need for strong security.

Security vulnerabilities will increase due to technological advances in banking such as ebanking, mobile banking and ATM. Moreover, the demand will be fueled by increased compliance and regulations over the forecast period.

The forecast period will see a steady growth in threat intelligence within the healthcare sector. Health insurers are the most vulnerable to cyberattacks such as spearphishing and Advanced Persistent Threats. Cybersecurity professionals have a greater opportunity to provide holistic solutions to the threat intelligence problems in this sector.

Regional Insights

Asia Pacific will be the fastest growing region in the future. Due to the growing problem of data theft, and the increased threat from cyber-attacks, large enterprises and SMEs have invested in security systems. Market growth is expected to be driven by the rising number of cyber-crime activity at software applications, the growing demand for mobile and web application, as well as rising government & legislation regulations.

In 2016, the European threat intelligence solution market was valued at USD 737.8 millions. The European legislation and the European government have issued orders to service providers to comply with new information security standards. The Federal Government has made a significant contribution to cyberspace security to promote and maintain economic and social prosperity.

Between 2017 and 2025, the Middle East and Africa are expected to experience growth of 19.8% CAGR. This growth can be attributed to government efforts that are strengthening national cybersecurity capabilities. Rapid adoption of digital technology has made it a target for many cyber threats, which has led to an increase in demand for threat intelligence solutions.

Market Share Insights & Key Companies

Check Point Software Technologies Ltd., Symantec Corporation and IBM Corporation are the key players in this market. The global market is saturated with solutions. This results in a high level of concentration. To serve consumers in developing countries, the key players employ a range of competitive strategies. They provide next-generation threat intelligence solutions and aim to increase their industry share and comitative edge.

IBM Corporation holds a major share of the global threat intelligence market. IBM X-Force Exchange is a cloud-based threat-intelligence platform that allows organizations and agencies to share, consume, and respond to malicious activity. The Threat Feed Manager was introduced by the company. It simplifies data integration and allows for one view of all sources. IBM Security is an intelligent and integrated security immune system. It replaces traditional defense strategies or technology that are tied to a fragmented and disjointed IT infrastructure.

Threat Intelligence Market Report Scope

The report covers segments

This report predicts revenue growth at the global, regional and country levels. It also analyzes the industry trends for each sub-segment from 2014 through 2025. Grand View Research has divided the global threat intelligence market by solution, service, deployment and application.

• Solution Outlook (Revenue USD Million, 2014-2025)

  • Unified threat management

  • SIEM

  • IAM

  • Incident Forensics

  • Log Management

  • Third Party Risk Management

• Services Outlook (Revenue USD Million, 2014-2025)

  • Services of a professional

  • Managed Service

  • Subscription Services

  • Training & Support

• Forecast for Deployment (Revenue, USD million, 2014-2025)

  • Cloud-based

  • On-Premise

• App Outlook (Revenue USD Million, 2014-2025)

  • BFSI

  • IT & Telecom

  • Healthcare

  • Retail

  • Government & Defense

  • Manufacturing

  • Other

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • The U.K.

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • MEA

These are the most frequently asked questions about this report

b. Global threat intelligence market size was USD 4.8 billion in 2019, and is forecast to grow to USD 5.6 billion by 2020.

b. Global threat intelligence market will grow at a compound annual rate of 17.4% between 2017 and 2025, reaching USD 12.6 billion in 2025.

b. With a 26.5% share in 2019, identity and access management (IAM), solutions dominated the threat intelligence market. This can be attributed to the effectiveness of security standards for authentication, authorization and authorization of users based upon access levels.

b. Some of the key players in the threat intelligence market are IBM Corporation, Symantec Corporation, F-Secure Corporation, Symantec Corporation, Symantec Corporation, Webroot Inc., McAfee, LLC, Fortinet, Inc., and Check Point Software Technologies Ltd.

b. Market growth is driven by two key factors: the need for organizations and increasing security concerns due to the increased adoption of cloud-based solutions.

Up Market Research published a new report titled “Threat Intelligence Market research report which is segmented by Solution (Third Party Risk Management, Unified Threat Management, Log Management, IAM, Incident Forensics, SIEM), By Players/Companies Check Point Software Technologies Ltd There is a high degree of concentration evident in variety of solutions available in the global market The key players adopt a variety of competitive strategies to serve the consumers, especially in the developing economies by providing next-generation threat intelligence solution and aiming for higher comitative edge and larger industry share, Symantec Corporation, Dell Inc, IBM Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Threat Intelligence Market Report Segments:

The market is segmented by Solution (Third Party Risk Management, Unified Threat Management, Log Management, IAM, Incident Forensics, SIEM).

Threat Intelligence Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Threat Intelligence Market

Overview of the regional outlook of the Threat Intelligence Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Threat Intelligence Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Threat Intelligence Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Third Party Risk Management

                2. Unified Threat Management

                3. Log Management

                4. IAM

                5. Incident Forensics

                6. SIEM

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Threat Intelligence Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Threat Intelligence Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.