Global Threat Lifecycle Services Market Overview:
Modern attacks are sophisticated and covert, carried out by criminals or nation states intent on stealing valuable data (or, in some cases, completely erasing data) from targeted companies. In most cases, intrusions target end users through phishing campaigns or through insecure applications and infrastructure. Once inside, they have access to the environment and can steal trade secrets, intellectual property, financial information, computer source code, and any other valuable information. Threat Lifecycle services can assist in countering today's sophisticated cybercriminal attacks. Threat management is used by cybersecurity experts to prevent cyber-attacks, detect cyber risks, and respond to security issues. It provides security teams with the visibility they require to succeed. Security teams can navigate with confidence by unifying security data, identifying data at risk and vulnerabilities across networks on thousands of endpoints and between clouds.
Growth Drivers
- Increase in Incidence of Cyber Attacks
- Rising Threat of Ransomware
Roadblocks
- High Cost of Implementation and Maintenance
Opportunities
- Rising Opportunities for Emerging Economies
- Stringent Government Rules and Regulation for Cyber Crime
Challenges
- Lack of Availability of Skilled Talent
- Lack of Integration between the Organization’s Solutions
Competitive Landscape:
The demand for Threat Lifecycle is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are McAfee (United States), IBM (United States), Microsoft Corporation (United States), Accenture (Ireland), Tata Consultancy Services (India), Anomali (United States), Wipro (India), Palo Alto Networks (United States), LogRhythm (United States) and Presidio Holdings (United States). Additionally, following companies can also be profiled that are part of our coverage like CrowdStrike (United States), FireEye (United States) and AT&T Cybersecurity (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Threat Lifecycle Services market by 2026. Considering Market by Deployment, the sub-segment i.e. On-Premise will boost the Threat Lifecycle Services market. Considering Market by Features, the sub-segment i.e. Live Network Analysis will boost the Threat Lifecycle Services market. Considering Market by Service Type, the sub-segment i.e. Managed Services will boost the Threat Lifecycle Services market. Considering Market by Enterprise Size, the sub-segment i.e. Large Enterprise will boost the Threat Lifecycle Services market.
In March 2021 IBM had announced the launch of New Services for Security of Hybrid Cloud. The services bring together cloud-native, IBM, and third-party technology, as well as IBM experience, to help businesses establish a cohesive security strategy for their cloud ecosystems.
What Can be Explored with the Threat Lifecycle Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Threat Lifecycle Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Threat Lifecycle Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Threat Lifecycle Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Threat Lifecycle Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Software Traders/Distributors and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.