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 Threat Intelligence Market: https://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
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/threat-intelligence-market/request/rs1
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.
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