About Cyber Threat Intelligence
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 | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 17.5% |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Cyber Threat Intelligence market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are LookingGlass Cyber Solutions (United States), Proofpoint (United States), Group-IB (Russia), AlienVault (United States), Webroot (United States), Optiv (United States), ThreatConnect (United States), CrowdStrike (United States) and Farsight Security (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cyber Threat Intelligence market by and Region.
On the basis of geography, the market of Cyber Threat Intelligence has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Services, the sub-segment i.e. Managed services [Advanced threat monitoring, Security intelligence feeds] will boost the Cyber Threat Intelligence market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Large Size Organization will boost the Cyber Threat Intelligence market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Threat intelligence platforms will boost the Cyber Threat Intelligence market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Modes, the sub-segment i.e. On-premises will boost the Cyber Threat Intelligence market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
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
Market Leaders and their expansionary development strategies
Jan 29, 2024 – NTT DATA announced global strategic partnership. This collaboration builds on NTT DATA’s recently announced New Global Cybersecurity Strategy and enhances the threat management capabilities of NTT DATA’s global cybersecurity services portfolio. Together, NTT DATA and CYFIRMA provide a new approach to managing cybersecurity where government and businesses are equipped to shift their cyber defence strategies from reactive to predictive using real-time intelligence.
In March 2024, Ontinue, a leading provider of AI-powered managed extended detection and response (MXDR) services and winner of the 2023 Microsoft Security Services Innovator of the Year award, today released its first-ever 2023 Threat Intelligence Report authored by the Advanced Threat Operations (ATO) team. This report offers a deep dive into emerging threats, top attacks by industry, and crucial statistics shaping the cybersecurity landscape.
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.