According to a new market report published by Credence Research Inc., “Global Threat Intelligence Market (By Component (Solutions, and Services), By Deployment Model (Cloud, On-premise), By Vertical (Banking, Financial Services, and Insurance (BFSI), IT & Telecom, Healthcare, Retail, Energy and Utilities, Manufacturing, Education, Government & Defense, and Others))- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 – 2026”, the global threat intelligence market is expected to witness a growth of 17.2% CAGR during the forecast period 2018 – 2026.
Organizations across the globe are spending huge amount on network security due to rising incidences of cyber-crimes. Business enterprises are deploying threat intelligence solutions for their ability to empower organizations remediate, respond, and predict threats effectively. Managing network-related cyber threats is an ongoing effort by organizations in view of expanding technology landscape. A threat intelligence solution can be a handy tool if the possibilities such as identity of attacker and motivation behind the attack are considered instead of simply making efforts to defend every conceivable threat. Furthermore, advancements in technology resulting in digital transformation among businesses and government organizations has augmented cyber-risks and threat breaches over the last few years.
[According to CERT-UK cyber threat intelligence (CTI) is an “elusive” concept. While cyber security comprises the recruitment of IT security experts, and the deployment of technical means, to protect an organization’s critical infrastructure, or intellectual property, CTI is based on the collection of intelligence using open source intelligence (OSINT), social media intelligence (SOCMINT), Human Intelligence (HUMINT), technical intelligence or intelligence from the deep and dark web. CTI’s key mission is to research and analyze trends and technical developments in three areas:
Cyber espionage (advanced persistent threat, APT or Cyber spying)
Those accumulated data based on research and analysis enable states to come up with preventive measures in advance. Considering the serious impacts of cyber threats, CTI has been raised as an efficient solution to maintain international security.] Wikipedia
Organizations need to be proficient in terms of objectives that helps them support business processes and security policies. It also strengthens their overall strategy with respect to security, thereby enabling organization to manage cyber-related risks more effectively and efficiently. The need for every organization is to review if their architecture and security governance is acceptable and strong enough to protect themselves from security breaches. Efficient and appropriate threat intelligence maximizes an organization’s investment in systems, products, and people by providing insights that strengthen their overall security architecture. All these factors are expected to collectively drive the global threat intelligence market over the forecast period 2018 – 2026.
The global threat intelligence market is moderately fragmented with top 4 players accounting for over 30% of the overall revenue. Some of the major and established players identified in the global threat intelligence market include IBM Corporation, Dell Technologies, Inc., Check Point Technologies Ltd., FireEye, Inc., Juniper Networks, Inc., LookingGlass Cyber Solutions, Inc., LogRythm, Inc., Optiv Security Inc., McAfee, LLC, Trend Micro, Symantec Corporation, and Webroot Inc.
Browse the full Global Threat Intelligence Market (By Component (Solutions, and Services), By Deployment Model (Cloud, On-premise), By Vertical (Banking, Financial Services, and Insurance (BFSI), IT & Telecom, Healthcare, Retail, Energy and Utilities, Manufacturing, Education, Government & Defense, and Others)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 – 2026 report at http://www.credenceresearch.com/report/threat-intelligence-market
- Security Information and Event Management (SIEM)
- Log Management
- Identity and Access Management (IAM)
- Security and Vulnerability Management (SVM)
- Risk Management
- Incident Forensics
- Managed Service
- Advanced threat monitoring
- Security intelligence feed
- Professional Service
- Consulting service
- Training and support
By Deployment Mode:
By Organization Size:
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecom
- Energy and Utilities
- Others (Gaming, Media and Entertainment, and Real Estate)