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.
Full research report on threat intelligence market analysis:
http://www.grandviewresearch.com/industry-analysis/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.
View more reports
of this category by Grand View Research at: https://www.grandviewresearch.com/industry/communication-services
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
o U.S.
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
o Japan
·
Latin America
o Brazil
o Mexico
·
MEA
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-threat-intelligence-market
https://www.grandviewresearch.com/press-release/global-threat-intelligence-market
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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