Threat Intelligence Security Market Size to Grow by $ 9.14 bn through 2020-2024
Technavio research projects the threat intelligence security market to grow by $ 9.14 billion, accelerating at a CAGR of almost 25% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Threat Intelligence Security Market: Key Market Driver
One of the primary factors that will trigger the growth of the threat intelligence security market size is rising number of cyberattacks on connected devices or systems. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Threat Intelligence Security Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Check Point Software Technologies Ltd., Cisco Systems Inc., FireEye Inc., Fortinet Inc., F-Secure Corp., International Business Machines Corp., Juniper Networks Inc., NortonLifeLock Inc., Palo Alto Networks Inc., and Trend Micro Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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Technavio has been monitoring the global threat intelligence security market and it is expected to grow by USD 9.14 billion accelerating at a CAGR of almost 25% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report
This report provides a detailed analysis of the threat intelligence security market by End-user (BFSI, IT and telecom, Healthcare, Transportation and logistics, and Others) and Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts, 2020-2024. The report also provides a detailed analysis of around 25 vendors operating in the threat intelligence security market.
Threat Intelligence Security Market: Segmentation by Geography
North America was the largest Threat Intelligence Security Market and the region will offer several growth opportunities to market vendors during the forecast period. The adoption of big data analytics and IoT will help to provide actionable threat intelligence, which along with threat intelligence sharing will significantly influence growth in the threat intelligence security market in this region. 36% of the market’s growth will originate from North America during the forecast period. The US is the key market for threat intelligence security in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the threat intelligence security market size.
Threat Intelligence Security Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Check Point Software Technologies Ltd., Cisco Systems Inc. and FireEye Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
