Threat Intelligence Market by Component (Services, Solution), Deployment (On- Cloud, On-Premise), End-use - Global Forecast 2024-2030

Threat Intelligence Market by Component (Services, Solution), Deployment (On- Cloud, On-Premise), End-use - Global Forecast 2024-2030

The Threat Intelligence Market size was estimated at USD 14.10 billion in 2023 and expected to reach USD 15.15 billion in 2024, at a CAGR 7.84% to reach USD 23.92 billion by 2030.

Threat Intelligence is collecting and analyzing information on emerging or existing threat actors and their tactics, techniques, and procedures (TTPs). This enables organizations to understand the potential risks and implications for their systems, networks, and data. The market for threat intelligence has seen substantial growth as the need for proactive cybersecurity solutions has surged. The proliferation of information technology in every facet of business, increasing connectivity, and the adoption of cloud services are among the factors that have heightened vulnerabilities to cyber-attacks. As a result, market demand for advanced threat intelligence systems and solutions has expanded. With a growing number of governments enacting stricter data protection and privacy laws, compliance has become an essential aspect for businesses, indirectly driving the need for threat intelligence services to ensure cybersecurity measures meet regulatory standards. Integration of AI and machine learning for automated threat detection, the use of Big Data analytics for pattern recognition, and collaborative threat intelligence sharing initiatives create significant opportunities for market growth.

Regional Insights

Factors contributing to America's preeminence include the presence of a robust technological infrastructure, high awareness about cybersecurity, and stringent regulatory standards that compel businesses to adopt advanced security measures. In addition, the region is home to major threat intelligence vendors who are continually innovating and expanding their product offerings. Europe represents a significant market for threat intelligence, propelled by a strong emphasis on data protection and privacy, exemplified by regulations such as the General Data Protection Regulation (GDPR). Enterprises across the region are rapidly adopting threat intelligence platforms to stay compliant and protect their information assets. Additionally, government initiatives aimed at enhancing national cyber defenses are supporting the growth of this market in Europe. In the Middle East & Africa, cybersecurity is gaining traction due to the increasing prevalence of digital platforms and a growing recognition of cyber threats. The oil and gas industry, being a key sector in the region, is notably vulnerable to cyber attacks, pushing companies to invest in threat intelligence to safeguard critical infrastructure. The APAC region is emerging as a rapidly growing market for threat intelligence services. Growth in this region is propelled by increasing internet penetration, the expansion of digital infrastructure, and the rise in cyber attacks targeting businesses and governments. Countries like Japan, Australia, and South Korea are leading the way with burgeoning IT industries and investments in cybersecurity technologies. However, developing economies in the region also present significant potential as they embark on digital transformation journeys.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Threat Intelligence Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Growth in security and cyber attacks on digital systems across industries
• Government initiatives promoting fintech activities and need for immense security
• High adoption of cloud services by SMEs

Market Restraints

• High procurement and maintenance cost

Market Opportunities

• R&D for development of next-generation security solutions
• Presence of robust startup ecosystem for threat intelligence

Market Challenges

• Integrating security solution with other services

Market Segmentation Analysis

• Component: Increasing deployment of identity & access management in organizations to prevent unauthorized data breaches and reinforce security compliance
• Deployment: Growing preference for on-premise solutions as it offers greater protection against unauthorized access.
• End-use: Expansion of IT & telecom sector foster the adoption threat intelligence solutions

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Threat Intelligence Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Threat Intelligence Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

IBM Announces New AI-Powered Threat Detection and Response Services

IBM has unveiled an enhanced managed detection and response service leveraging new AI technologies that significantly streamline cybersecurity operations. The updated service can autonomously address up to 85% of security alerts, providing a robust and swift response to various threats. IBM's Advanced Threat Detection and Response Services ensure 24/7 monitoring and automated remediation across diverse hybrid cloud environments, complementing current security infrastructures and extending to the cloud, on-premises, and operational technologies.

SentinelOne and Mandiant Bolster Strategic Partnership, Empowering Organizations to Harden Defenses and Proactively Protect Against the Latest Threats

SentinelOne, a renowned autonomous cybersecurity entity, has enhanced its collaboration with Mandiant, a Google Cloud division, to integrate top-tier threat intelligence within SentinelOne's Singularity Platform. This partnership aims to empower security teams with comprehensive tools to anticipate and combat potential risks to their infrastructure. Under this heightened partnership, SentinelOne customers benefit from Mandiant's superior threat intelligence, augmenting SentinelOne's existing capabilities.

ZeroFox to Acquire Threat Intelligence Firm LookingGlass for $26 Million

ZeroFox, a renowned external cybersecurity solutions provider, has made a strategic move to enhance its cyber threat detection and prevention capabilities with the proposed acquisition of LookingGlass, a prominent threat intelligence and attack surface management firm. This acquisition is set to bolster ZeroFox's existing platform by integrating LookingGlass's advanced technology for better detection of vulnerabilities and assets susceptible to cyber-attacks. The synergy is anticipated to provide ZeroFox with more effective actionable intelligence, essential for proactively conducting offensive cyber operations.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Threat Intelligence Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Threat Intelligence Market, highlighting leading vendors and their innovative profiles. These include Anomali Inc., AO Kaspersky Lab, AT&T Corporation, Check Point Software Technologies Ltd., Cisco Systems, Inc., CrowdStrike, Inc., Darktrace Holdings Limited, DXC Technology Company, Exabeam, Inc., FireEye, Inc., Infosys Limited, International Business Machines Corporation, LogPoint A/S, LogRhythm, Inc., McAfee, LLC, NSFOCUS, Inc., OpenText Corporation, Palo Alto Networks, Inc., Proofpoint, Inc., Rapid7, Inc., Recorded Future, Inc., Secureworks, Inc. by Dell Technologies Inc., SentinelOne, Inc., ThreatConnect, Verizon Communications, Inc., and ZeroFox Holdings, Inc..

Market Segmentation & Coverage

This research report categorizes the Threat Intelligence Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component

• Services
• Solution
• Identity & Access Management (IAM)
• Log Management
• Risk Management
• Security & Vulnerability Management ( SVM)
• Security Information & Event Management (SIEM)
• Deployment
• On- Cloud
• On-Premise
• End-use
• Education
• Energy & Utilities
• Government
• Healthcare
• IT & Telecom

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year