By 2025, Threat Intelligence market to surpass $13 billion

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Threat Intelligence market to grow at 14 CAGR
from 2019 to 2025 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Overview of Threat Intelligence Market

• The Asia Pacific threat intelligence market is
  predicted to grow at a CAGR of 17 over the
  projected timespan. The rise in the number of
  cybercrime activities is due to the increasing
  penetration of smart devices across various
  business verticals and the growing internet
  penetration, promoting the use of threat
  intelligence solutions in the region. The market
  is also driven by the increasing number of
  collaborative efforts between the government and
  cybersecurity providers to modernize the security
  framework. The government has issued various
  guidelines mandating private public sector
  establishments to upgrade their security
  infrastructure to combat with the evolving
  cybersecurity challenges.
• The threat intelligence market is propelled by
  the rise in the number of connected endpoints.
  Currently, there are over 3 billion end users
  connected to the internet. The number of
  connected devices is anticipated to exceed 50
  billion by 2020. Most of the connected endpoint
  devices rely on the internet to interact with
  other devices. The cybercriminals are using the
  internet to exploit the connected end point
  devices to conduct various malicious activities.
  The cybercriminals are developing applications to
  hijack the connected devices to manipulate the
  network. This is promoting the use of threat
  intelligence solutions to safeguard the network
  from unauthorized access.

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• With the rise in cyber-attacks on organizations,
  regulatory bodies have introduced data protection
  directives. Due to the ever-evolving
  technological advancements, there has been a
  simultaneous upsurge in the number cybersecurity
  attacks across various industry sectors. This has
  increased the government focus on data protection
  and its implications. The regulatory bodies
  across the globe have issued various guidelines
  such as General Data Protection Regulation (GDPR)
  and Cyber Intelligence Sharing and Protection Act
  (CISPA). mandating the organizations to modernize
  their security infrastructure. This is
  encouraging companies to deploy advanced threat
  intelligence solutions to protect their network.
  
• The IAM market will grow at a CAGR of over 14
  over the forecast time period due to the
  extensive adoption of advanced technologies such
  as BYOD, IoT, and cloud computing. The emergence
  of digital technologies has encouraged
  enterprises to build data-driven business models,
  making the business more agile, flexible, and
  scalable. However, this exposes organizations to
  insider attacks and privacy threats. This is
  encouraging enterprises to adopt IAM solutions to
  reduce the risks associated with advanced
  technologies. The incident forensics segment in
  threat intelligence market is predicted to attain
  a CAGR of over 15 over the forecast time period.
  The rising adoption of incident forensics among
  SMEs is driving its growth. The incident
  forensics solutions provide an inexpensive
  alternative to small enterprises with budgetary
  constraints to implement threat intelligence
  solutions.

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• U.S. Threat Intelligence
  Market Revenue, By Component, 2018 2025

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• The mobile-based solution market is expected to
  attain a CAGR of over 18 over the projected
  timeline due to the adoption of trends such as
  Choose Your Own Device (CYOD) and digital
  mobility. The mobile security solutions enable
  secure access to the company network through
  remote locations. The cloud-based threat
  intelligence market is anticipated to register a
  high growth rate due to its cost-effective
  nature. Cloud solutions have been used widely
  among small enterprises.
• The healthcare industry is expected to grow at a
  CAGR of over 13 over the projected time period.
  Over the last five years, there has been a rise
  in the number of cyber-attacks in the healthcare
  industry. The healthcare organizations store a
  vast amount of personal information data
  associated with patients, making them prominent
  targets for cybercriminals. The lack of basic
  cybersecurity mechanism across the IoT devices is
  posing risks to the wellbeing of patients. For
  instance, the use of devices such as cardiac
  pacemakers, drug administration devices, and
  monitoring devices, which have poor or no
  cybersecurity mechanism.

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• The companies operating in the market are
  Accenture, Crowdstrike, Digital Shadows,
  Flashpoint, IntSights, Palo Alto Networks,
  Proofpoint, McAfee, Oracle, Kaspersky Lab, Hold
  Security, IBM, Sophos, Symantec, Recorded Future,
  Secureworks, Group-IB, FireEye, Check Point
  Software, ThreatQuotient, Cisco Systems, and
  TrendMicro. The startups in the threat
  intelligence market are conducting fundraising
  activities to increase their presence in the
  market. For instance, in October 2017, the
  Recorded Future raised USD 25 million Insight
  Venture Partners to further extend its presence
  in the market. The funds will be used for its
  geographical expansion in foreign markets.

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