Threat Intelligence Market Worth to be USD 12.9 billion by 2023, with a CAGR of 19.7%

The report on the global Threat Intelligence Market covers Industry Size, market valuation by segmentation as well as region, historical trends, dynamics, country-level analysis for every segment, key Vendor’s share analysis, competitive landscape and sup

(EMAILWIRE.COM, March 03, 2020 ) According to a research report "Threat Intelligence Market by Solution (Threat Intelligence Platforms, SIEM, IAM, SVM, Risk and Compliance Management, Incident Forensics), Service (Managed, Professional), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023", published by MarketsandMarkets, is expected to grow from USD 5.3 billion in 2018 to USD 12.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period.

The key factors driving the threat intelligence market include rise in interconnectivity due to Internet of Things (IoT) and Bring Your Own Device (BYOD) trends; increasing number of targeted attacks and ubiquitous Advanced Persistent Threats (APTs); organizations’ need to deploy next-gen cybersecurity and stringent directives for data protection.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150715995

The Threat intelligence platform is expected to grow with highest CAGR during the forecast period

The threat intelligence solution is projected to grow at the highest rate, due to its enhanced capabilities to provide reliable threat intelligence and actionable insights. It collects indicators of compromise from various threat feeds, visualizes relevant threat information, and correlates it with telemetric information. The platform receives alerts in real time and normalizes feed data by removing duplicates. It can be integrated with other security solutions to generate threat reports. The ability of the threat intelligence platform to integrate with the existing SIEM solutions encourages organizations to use the platform, which help them combine a large quantity of potentially valuable threat intelligence into a single, convenient location.

The consulting service is expected to grow at a higher CAGR during the forecast period

Threat intelligence solution providers offer consulting services, wherein security experts engage with organizations to create the collection, analysis, and dissemination of threat intelligence. This intelligence is related to relevant threat actors and potential threat scenarios to organizations. They enhance organizations’ security operations and help define organization-specific cyber threat landscape tailored to unique business environment. Additionally, these services help identify and prioritize active and the emerging threats to reduce exposure and adapt to defenses.

North America is expected to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the overall threat intelligence market during the forecast period. The increase in the number of IoT and connected devices and vulnerabilities associated with them are some of the factors driving the adoption of threat intelligence solutions and services. The presence of many threat intelligence vendors, as well as, widespread awareness about these solutions would continue to account for the region’s largest market share during the forecast period.

The threat intelligence market comprises major solution providers, such as Symantec (US), IBM (US), FireEye (US), Check Point (US), Trend Micro (Japan), Dell Technologies (US), McAfee (US), LogRhythm (US), LookingGlass Cyber Solutions (US), and Proofpoint (US). The study includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

Browse complete report @ https://www.marketsandmarkets.com/Market-Reports/threat-intelligence-security-market-150715995.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
MnM Blog: https://mnmblog.org/
Visit Our Website: https://www.marketsandmarkets.com