The global threat intelligence security market size was evaluated at $9.89 Billion in 2022 and is slated to hit $30.01 Billion by the end of 2030 with a CAGR of nearly 18.0% between 2023 and 2030.
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➤ Increase in cyber-attacks and the necessity of defending against them in order to stimulate global market growth
Threat intelligence security tools assist organizations in identifying the diverse risks associated with cyber-attacks and in implementing effective defenses against them. Global market trends will be stimulated by this factor. Additionally, organizations implement software-defined networking and utilize threat intelligence tools to safeguard their software against malware. Furthermore, threat intelligence bolsters market demand by promptly preventing cyber-attacks and enabling firms to save thousands of their currencies by enhancing enterprise security controls at each level of security.
➤ The global industry’s expansion is impeded by the high costs of procurement and initial deployment.
The growth trajectory of the global threat intelligence security industry may be impeded by the substantial procurement and installation costs of threat intelligence security products.
➤ The market is experiencing new growth opportunities worldwide as a result of the increasing prominence and utilization of threat intelligence tools.
The global threat intelligence security market will experience new growth opportunities as a result of the massive demand for threat intelligence tools, including malware dissemblers, network traffic analysis tools, and security information and event management tools.
➤ The greatest obstacle to the global industry’s expansion is the scarcity of qualified professionals.
The expansion of the threat intelligence security industry may be significantly impeded by the scarcity of trained security personnel.
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The Global Threat Intelligence Security Market is segmented based on product, application and region
Global Threat Intelligence Security Market: Product Segment Analysis
● Cloud
● On-Premise
Global Threat Intelligence Security Market: Application Segment Analysis
● BFSI
● Healthcare
● IT & ITES
● Retail
● Manufacturing
● Life Sciences
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The global Threat Intelligence Security market profiles key players such as:
● LogRhythm Threat Lifecycle Management
● IBM Corporation
● Cisco Systems Limited
● McAfee Corporation
● LookingGlass Cyber Solutions
● AT& T Inc.
● DXC technology
● FireEye
● Mimecast Limited
● Verizon Inc
● Infosys Technologies Limited
● NSFocus
● Webroot
● Infoblox
● Secureworks
● Check Point
???? Recent Developments
• Vigilante, a dark web threat intelligence company, was acquired by Zerofox Holdings, Inc., a U.S.-based cyber-security company, in the latter part of 2021. The expansion of the threat intelligence security industry in the United States and around the world is anticipated to be significantly influenced by the development.
• SentinelOne, Inc., a cybersecurity firm based in the United States, partnered with Mimecast Limited, a U.S.-based company that specializes in cloud-based email management solutions, during the first half of 2022. The objective of the initiative is to improve the end-to-end threat protection solutions for enterprise equipment and communications.
➤ In 2023-2030, the Asia-Pacific threat intelligence security market is expected to see the highest compound annual growth rate (CAGR).
The Asia-Pacific threat intelligence security market is expected to experience the maximum compound annual growth rate (CAGR) during the forecast period. The regional market’s expansion in the years ahead may be attributed to the increasing government investment in threat intelligence initiatives. Additionally, the regional market will experience development as a result of an increase in the number of cyber-attacks in the sub-continent.
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