The Threat Intelligence Security Market is being driven by Rising number of cyberattacks on connected devices or systems
The Threat Intelligence Security Market is expected to grow at a CAGR of 36.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 51244.3 million. In today's business landscape, accessing valuable and actionable threat intelligence is crucial for enterprises to fortify their cybersecurity defenses. However, the high cost of gathering and processing a vast volume of threat data from various sources can be a significant challenge for smaller organizations. To address this issue, leading cybersecurity companies, including Symantec, McAfee (an Intel company), Palo Alto Networks, and Fortinet, have formed the Cyber Threat Alliance. This collaboration enables members to validate and share real-time, high-quality threat intelligence, thereby reducing detection and remediation times and enhancing overall security posture for all participating organizations.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
235 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 36.7% |
Market growth 2025-2029 |
USD 51244.3 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
27.4 |
Key countries |
US, Canada, China, UK, Japan, Germany, India, France, Italy, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The cybersecurity market is witnessing significant growth due to escalating data volumes and the emergence of new threats. Threat intelligence plays a crucial role in analyzing adversarial behavior and detecting cyber attacks. Cutting-edge cyber tactics used by innovative adversaries pose potential risks, including data breaches and geopolitical hazards. Threat intelligence systems are essential for defense contractors, retailers, e-commerce businesses, international trade unions, and internet users in mitigating cyber threats. Silobreaker, a leading threat intelligence platform, helps organizations stay informed about deceptions, zero-day attacks, and adversarial activities targeting sensitive data, connected devices, POS systems, and handheld devices during digital transformation.
The Threat Intelligence Security market is a significant segment within the larger IT services industry, with a focus on mitigating cyber risks through advanced threat analysis and detection procedures. With escalating data volumes and the emergence of innovative adversaries employing cutting-edge cyber tactics, businesses face an increasing threat landscape. Threat intelligence systems are crucial in identifying and responding to new threats, minimizing potential data breaches, and safeguarding against potential geopolitical hazards. This market's growth is driven by factors such as the need for robust cybersecurity operations, the increasing complexity of cyber threats, and the growing demand for comprehensive threat intelligence solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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