Threat Intelligence Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Threat Intelligence Market
The threat intelligence market size was valued at USD 4.93 billion in 2023, and the market is now projected to grow from USD 5.80 billion in 2024 to USD 24.85 billion by 2032, exhibiting a CAGR of 20.0% during the forecast period of 2024-2032.
The COVID-19 pandemic boosted the marketplace as governments carried out techniques to cope with organizations' cyber worries. Organizations have navigated response, healing, and renewal stages, that specialize in constructing resilience and agility. This technique enables sustain operations during the disaster and adapt to the new normal.
The upward thrust in cybercrime, heightened through the pandemic-prompted shift to faraway work, is driving the adoption of virtual technologies in records security. Increased cyberattack charges have raised corporate security worries, propelling market boom in cybersecurity solutions.
The integration of AI in protection answers is driving marketplace growth by means of enhancing cybersecurity abilities. AI gives deeper insights and scalability in risk intelligence, reading widespread quantities of information to discover threats like zero-day vulnerabilities and perilous behaviors. This makes AI an important era in current information security.
Comprehensive Analysis of Threat Intelligence Market
The threat intelligence market growth is rising at an exponential rate due to its market segmentation. This marketplace growth successfully provides a detailed nearby assessment considering the dominant supply and call for forces that effect the industry. These segmentations are methodically segregated by component analysis, by type analysis, by deployment analysis, by enterprise type analysis, by end-user analysis. By component analysis includes, solutions, and services. By type analysis include, strategic, tactical, and operational. By deployment analysis include, cloud and on-premise. By enterprise type analysis include, SMEs, and large enterprises. By end-user analysis include, BFSI, IT & telecom, manufacturing, healthcare, energy & utilities, retail, and others (education, government, and others).
The North America region lead the threat intelligence market share by benefitting a market size of USD 2.28 billion in 2023 due increased adoption of IoT devices by many global financial institutions and internet users due to the high availability of suitable infrastructure.
The pinnacle gamers inside the marketplace play an essential role in the enterprise assuring market growth and setting market requirements. These players include, CrowdStrike, Inc., AO Kaspersky Lab, IBM Corporation, VMware, Inc., Cisco Systems, Inc., Dell, Inc., Fortinet, Inc., Anomali, Inc., Check Point Software Technologies, and Huawei Technologies these market players provide a level-playing competitive landscape.
In February 2024, Check Point announced the Quantum Force Gateway Series, an AI-driven cloud-based security solution offering advanced threat prevention, improved efficiency, and seamless management for enterprises.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 20.0% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Component
Solutions
Services
By Type
Strategic
Tactical
Operational
By Deployment
Cloud
On-Premise
By Enterprise Type
SMEs
Large Enterprise
By End-user
BFSI
IT & Telecom
Manufacturing
Healthcare
Energy & Utilities
Retail
Others (Education, Government, and Others)
By Region
North America (By Component, By Types, By Deployment, By Enterprise Type, By End-user, and By Country)
- U.S.
- Canada
- Mexico
Europe (By Component, By Types, By Deployment, By Enterprise Type, By End-user, and By Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
Asia Pacific (By Component, By Types, By Deployment, By Enterprise Type, By End-user, and By Country)
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Middle East & Africa (By Component, By Types, By Deployment, By Enterprise Type, By End-user, and By Country)
- Turkey
- Israel
- GCC
- South Africa
- North Africa
- Rest of the Middle East & Africa
South America (By Component, By Types, By Deployment, By Enterprise Type, By End-user, and By Country)
- Brazil
- Argentina
- Rest of South America
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