Market Dynamics

Government of developed and developing countries is focused on digitization, with the high spending of on the development of present IT infrastructure, coupled with approach toward safeguarding the important data are major factor expected to drive the growth of global market. In addition, rising cyber attack and demand for threat intelligence solution from various industry verticals such as BFSI, healthcare, IT & telecom, etc. are among other factors expected to further support the growth of target market.

Government is spending high on development of BFSI, healthcare sector its approach towards safeguarding the data in resulting in demand for threat intelligence software. In addition, developing regulatory scenario related to data theft, increasing cyber crime activities through various application and growing demand for the mobile & web application. These are among other factors expected to support the growth of target market.

In addition, emergence of small and mid-size players focused on providing cyber security services and major players approach towards introduction of new software are among other factors expected to further impact the growth of target market positively.

• In 2020, HYAS Infosec Inc. a leader in threat intelligence and attribution introduced HYAS Insight, a threat intelligence and attribution solution that improves visibility and productivity for analysts, researchers and investigators while vastly increasing the accuracy of their findings.
• In 2017, ThreatConnect launched TC Complete, TC Analyze, TC Manage and TC Identify products on ThreatConnect Platform in order to help organizations understand adversaries, automate their security operations, and accelerate threat mitigation.

However factors such as high cost associated to intelligent service and lack of skilled professional are expected to hamper the growth of global market. In addition, complexities in deriving quality information from huge volumes of threat data are other factors expected to challenge the growth of global market.

High spending by the major players for providing innovative solutions coupled with approach towards strategic merger and acquisitions in order to increase the customer base and enhance the product portfolio are factors expected to create new opportunities for players over the forecast period.

• In 2020, Coalition a leading cyber insurance provider for small and midsize businesses acquired a security & threat intelligence provider Binaryedge. The acquisition will help the company to expand its product portfolio and enhance the profit ratio

Threat Intelligence Market Segment Analysis, 2019

The global threat intelligence market is segmented into solution, service, deployment, and application. The solution segment is further bifurcated in to unified threat management, SIEM, IAM, incident forensics, log management, and third party risk management. Among application the BFSI segment is expected to account for significant revenue share in the global market.

Segment Analysis by Region

The market in North America is expected to account for major revenue share owing to stringent government regulations related to data security and availability of advanced infrastructure in order to support the adoption of intelligent threat software and services. In addition, high demand for threat intelligent services from various industry verticals is expected to support the growth of target market in this region.

Asia Pacific is expected to witness faster growth in the near future owing to high government spending on development on present IT infrastructure. In addition, inclination of major players toward emerging economies in order to increase the customer base is expected to further support the growth of target market in this region.

Competitive Landscape

The market is highly competitive due to presence of large number of players. In addition, new product launches and high investment for infrastructure development is expected to further increase the competition in the market.

Report coverage

The market research study on “Threat Intelligence Market (Solution: Unified threat management, SIEM, IAM, Incident Forensics, Log Management, and Third Party risk management; Services: Professional services, Managed Service, Subscription Services, and Training & Support; Deployment: Cloud-based and On-Premise; Application: BFSI, IT & Telecom, Healthcare, Retail, Government & Defense, Manufacturing, and Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global threat intelligence market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global threat intelligence market segment by solution, service, deployment, application and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global threat intelligence market size and segment markets by solution, service, deployment, application and geography along with the information on companies operating in the market. The threat intelligence market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Symantec, IBM, FireEye, Trend Micro, Dell Technologies, Alienvault, Digital Shadows, Threatconnect, Crowdstrike, McAfee, LogRhythm, Kaspersky Lab, and Farsight Security.

Market Segmentation

Market By Solution

• Unified threat management
• SIEM
• IAM
• Incident Forensics
• Log Management
• Third Party risk management

Market By Service

• Professional services
• Managed Service
• Subscription Services
• Training & Support

Market By Deployment

• Cloud-based
• On-Premise

Market By Application

• BFSI
• IT & Telecom
• Healthcare
• Retail
• Government & Defense
• Manufacturing
• Others

Market By Region

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Mexico
• Brazil
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of MEA