19.7% Growth Rate for Threat Intelligence Market by 2023 | Growth Factors, Business Developments, Segmentation and Technologies

Apr 9, 2019

Threat Intelligence Market report gives complete study of Market growth drivers, Current growth, market trends, Market structure, Market projections for upcoming years.

Pune, India - April 9, 2019 /MarketersMedia/ —

Reportsnreports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Threat Intelligence Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Threat Intelligence Market size is estimated to grow from US$ 5.3 Billion in 2018 to US$ 12.9 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.7%. The threat intelligence market is driven by factors such as the threat to data by the growing level of inter connectivity due to IoT and BYOD trends and increasing number of targeted attacks and ubiquitous APTs.

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Top Companies in the Threat Intelligence Market include are Symantec (US), IBM (US), FireEye (US), Check Point (US), Trend Micro (Japan), Dell Technologies (US), McAfee (US), LogRhythm (US), LookingGlass Cyber Solutions (US), Proofpoint (US), Kaspersky (Russia), Group-IB (Russia), AlienVault (US), Webroot (US), Digital Shadows (US), Optiv (US), ThreatConnect (US), CrowdStrike (US), Farsight Security (US), Intel 471 (US), Blueliv (Spain), PhishLabs (US), DomainTools (US), Flashpoint (US), and SurfWatch Labs (US).

“Threat intelligence platforms segment is expected to grow at the highest CAGR during the forecast period”
The Threat Intelligence Market by solution includes threat intelligence platforms, Security Information and Event Management (SIEM), log management, Security and Vulnerability Management (SVM), Identity and Access Management (IAM), risk and compliance management, incident forensics, and User and Entity Behavior Analytics (UEBA). These solutions protect the systems individually, and when integrated with the threat intelligence feeds, they provide comprehensive security to the users. The threat intelligence platforms segment in the threat intelligence solution market is expected to have the highest CAGR during the forecast period.

“Increasing threat landscape in SMEs is expected to drive the higher growth rate of the SMEs segment during the forecast period”
The SMEs segment is expected to grow at the highest CAGR, owing to the rising deployment of threat intelligence solutions by SMEs to proactively protect their digital assets. SMEs are small in terms of their size but cater to a large number of customers globally. Robust and comprehensive security solutions are not implemented in SMEs, due to financial constraints in these organizations. Weak cyber security and low budget make the organizations more susceptible to advanced cyber-attacks such as ransomware, botnets, zero-day attacks, and Advanced Persistent Threats (APTs).

“Asia Pacific (APAC) is expected to have the highest growth rate during the forecast period”
APAC includes emerging economies such as India, China, Australia, Hong Kong, and Japan, which are rapidly deploying threat intelligence solutions. APAC is expected to grow at the highest CAGR during the forecast period. The APAC threat intelligence market is gaining traction as it provides proactive security measures against the evolving cyber-attacks.

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Report Highlights:
• To forecast the market size of the segments with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
• To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
• To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To track and analyze competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations, in the global market
• To analyze market opportunities for stakeholders by identifying the high-growth segments of the market
• To profile the key players in the market and comprehensively analyze their market size and core competencies

Reason to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall threat intelligence market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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Competitive Landscape of Threat Intelligence Industry:
1 Overview
2 Competitive Scenario
2.1 Partnerships, Agreements, and Collaborations
2.2 New Product Launches and Product Enhancements
2.3 Mergers and Acquisitions
2.4 Business Expansions

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Source URL: https://marketersmedia.com/197-growth-rate-for-threat-intelligence-market-by-2023-growth-factors-business-developments-segmentation-and-technologies/500530

Source: MarketersMedia

Release ID: 500530

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