The global threat intelligence market is
anticipated to reach USD 12.6 billion by 2025, according to a new report by
Grand View Research, Inc. The growing demand for threat intelligence is
increasing owing to rise in cyber-crime, threat breaches and growing numbers of
sophisticated attacks in leading security conscious sectors. Moreover, the
breaches in most of the organizations have a financial or espionage motive
which results in disruption of business and has become a major concern for them
which is expected to contribute to demand of threat intelligence solutions and
services immensely.
Threat intelligence incident
forensics is expected to gain traction over the forecast period. The
application of incident forensics initiates actionable security during breach
through predictive and reactive analysis. Further, its application investigates
the root causes of the breach and contains the damage of an attack. An
organization lacking to incorporate advanced intelligence system might pose as
a key determinant that significantly affects the mass adoption of incident
forensics solution.
Organizations are preferring the
use of cloud security as the cost incurred in the implementation of the
on-premise solutions is high. The cloud-based security adoption is expected to
increase in the near future owing to the growing adoption of cloud storage
systems. The cloud-based deployment stops the unwanted traffic before it enters
the network. Furthermore, it eliminates the requirement of on-premise
equipment, which is expected to increase the demand for the product over the
forecast period.
Browse full research report on Global
Threat Intelligence Market: http://www.grandviewresearch.com/industry-analysis/threat-intelligence-market
Further key findings from the report suggest:
- The global threat intelligence market accounted for USD 3,028.9 million in 2016 and is expected to grow at a CAGR of 17.4% from 2017 to 2025
- The demand for incident forensics is estimated to reach USD 1,254.8 million by 2025 and is expected grow at a high rate over the forecast period.
- The cloud-based deployment in threat intelligence market is estimated to account USD 1,146.4 million in the year 2016.
- BFSI emerged as the largest application segment and is estimated to generate revenue over USD 3,282.0 million by 2025.
- Threat intelligence demand in manufacturing applications is anticipated to witness moderate growth over the forecast period.
- The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of threat intelligence solutions on a large scale. The regional market is expected to grow at a CAGR of 21.1% from 2017 to 2025.
- Key players include IBM Corporation, Dell Inc., Symantec Corporation, Check Point Software Technologies Ltd., accounting for a majority share of the overall market in 2016.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented
the threat intelligence market on the solution, services, deployment,
application and region:
Solution Outlook (Revenue, USD Million, 2014 - 2025)
- Unified threat management
- SIEM
- IAM
- Incident Forensics
- Log Management
- Third Party risk management
Services Outlook (Revenue, USD Million, 2014 - 2025)
- Professional services
- Managed Service
- Subscription Services
- Training & Support
Deployment Outlook (Revenue, USD Million, 2014 - 2025)
- Cloud-based
- On-Premise
Application Outlook (Revenue, USD Million, 2014 - 2025)
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government & Defense
- Manufacturing
- Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- MEA
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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