Industry Background:
Threat intelligence is defined as an act of cybersecurity against the different cyber-attacks and threats such as hacking, phishing scams, ransomware attacks, etc. Threat intelligence software/services and platforms help shield and protect sensitive information systems. Since the present-day attacks (like ransomware) are extremely immune toward the existing defenses. Threat intelligence not only provides the defense shield but also gives pre-intimation of any malicious attack that is yet to happen. Further, The growing internet penetration, promoting the use of threat intelligence solutions and the increasing number of collaborative efforts between the government and cybersecurity providers to modernize the security framework is driving the Global Threat intelligence software market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lookout, Inc.(United States), McAfee, LLC (United States), Cylance Inc. (United States), Symantec Corporation (United States), Cisco Systems (United States), Sophos Ltd. (United States), Alert Logic, Inc. (United States) and SolarWinds Inc. (United States) |
According to AMA, the market for Threat Intelligence Software is expected to register a CAGR of 15.5% during the forecast period to 2028. This growth is primarily driven by Growing Incidence of Data Breach, Ransomware Attacks Targeting Enterprises and Deployment of Advanced Threat Intelligence Solutions by Companies.
Globally, a noticeable market trend is evident Use of Machine Learning Algorithms to Provide Actionable Threat Intelligence
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 Lookout, Inc.(United States), McAfee, LLC (United States), Cylance Inc. (United States), Symantec Corporation (United States), Cisco Systems (United States), Sophos Ltd. (United States), Alert Logic, Inc. (United States) and SolarWinds Inc. (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. The market appears to be fragmented and with the presence of several regional and international companies. The competitive environment is quite intense. Factors such as the increasing incidences of data breach and the advent of machine learning providing actionable intelligence are providing considerable growth opportunities to threat intelligence security manufacturers.
Key Developments in the Market:
In January 2019, Military-grade ad-verification company CHEQ, and RiskIQ, the global leader in attack-surface management, announced a partnership providing both companies clients access to an end-to-end suite of digital advertising-security solutions. The combination of CHEQ’s autonomous brand safety, viewability, and ad-fraud prevention, and RiskIQ’s ad-scanning for malware, hijacking, and ad injection creates visibility and protection across the entire digital advertising supply chain.
In July 2018, Symantec expanded its business in India by opening a Security Operations Center to strengthen global threat hunting, incident response, and security analyst footprint. and Customers in India and across the globe can now expect enriched access to security intelligence insights, and faster detection and response through greater regional coverage and visibility of the threat landscape in this rapidly growing economy.
Influencing Trend:
Use of Machine Learning Algorithms to Provide Actionable Threat Intelligence, Big Data Analytics Enhancing Cybersecurity and Software Such as SIEM Enables Users to Execute Event Forensics for Establishing What Actually Happened Before, During, and After Log Events
Market Growth Drivers:
Growing Incidence of Data Breach, Ransomware Attacks Targeting Enterprises and Deployment of Advanced Threat Intelligence Solutions by Companies
Challenges:
Complexities in Deriving Quality Information from Huge Volume of Data and Large Number of False Positives and Duplicate Data
Restraints:
Cost Factor Associated with Accessing Huge Volume of Threat Information and Lack of Skilled Professionals
Opportunities:
Increasing Government Focus on Data protection & its Implications and High Demand for Cloud-Based Threat Intelligence Solutions among Large and SMEs
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 Threat Intelligence Software Market
- Analysis about New Entrants in Threat Intelligence Software 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, Threat Intelligence Software Study Sheds Light on
The Threat Intelligence Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Threat Intelligence Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Threat Intelligence Software 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.