The increase in people working from home has led to a surge in demand for online video viewing, downloading, and communication through video conferencing, all of which are leading to increased network traffic and data usage. We stand by our report quality. The cloud-based security adoption is expected to increase in the near future owing to the growing adoption of cloud storage systems. The global threat intelligence market size was estimated at USD 4.8 billion in 2019 and is expected to reach USD 5.6 billion in 2020. b. Threat intelligence solutions plays a crucial role in compliance enablement and risk management by continuously monitoring customer data. The solution enables security teams to identify users compromised as well as related data during a breach which is expected to bolster its application in organizations, thereby supporting the market growth. All Rights Reserved, Threat Intelligence Market Outlook & Key Findings, Low Entry Barrier and Deep Pockets Allow Start-ups to Compete with Better Services, E-banking Increases Vulnerability of BFSI Segment Prompting Usage of Threat Intelligence, Cloud Computing to Enrich Threat Intelligence and Detection Technologies, Threat Intelligence: Threat Intelligence Providers, How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival, Custom & Syndicated Market Research Reports, Competitive Intelligence | Ethical & Unbiased, Consulting | Unparalleled Business Intelligence, Threat Intelligence market to grow at over 16.0% in 2020 as SMEs gear up to detect and prevent cyber-attacks and data breaches, IoT security segment to register a CAGR of 30% by 2030 as need to secure connected devices remains dire, Cloud-based segment to achieve a CAGR of 16.8% as AI and ML make it a preferred choice of deployment, Wide usage of mobile money and e-banking to make BFSI segment key user of threat intelligence, Holistic risk management within healthcare sector to make cyber security integral to patient care, Security Information and Event Management. The cybersecurity and threat intelligence ecosystem has extended the limits from single network to distributed network with cloud-based solutions. Organizations are complying to various regulations including GDPR, PCI, SOX, CCPA, HIPAA, MAS and many others to establish security standards and audit controls to ensure that business and customer data is protected at all times. Copyright © 2020 Grand View Research, Inc. All rights reserved. Similarly, in February 2020, an Israel-based threat intelligence company raised US$15 Mn in a second funding round, which was led by Sonae IM and REV Venture Partners. Moreover, as organizations shift their business to cloud services, IAM forms a vital part to manage and access applications and data by employees, without compromising on security protocols. This report has a service guarantee. The use of threat intelligence solutions among enterprises is to gain evidence-based insights regarding the existing or emerging threats to make informed decisions. This has shed light on the immediate need of organizations to continuously upgrade their security solutions and adhere to compliance regulations to ensure highest level of security. Global Threat Intelligence Market Overview: Global Threat Intelligence Market was valued at USD 3.32 billion in 2016 and is projected to reach USD 15.83 billion by 2025, growing at a CAGR of 18.95% from 2017 to 2025. In November 2019, IntSights, a threat intelligence company founded in 2015, raised a total funding of US$ 17 Mn from Tola Capital as its lead investor. This is attributable to the effective security standards for authentication and authorization of users based on the access levels. The vast number of connected devices in a hospital are also projected to be plagued by ransomware, data breaches, DDoS attacks, and insider threats amongst others. The segment growth is attributed to form solid intelligence foundation, redemption visibility, monitoring, and control of an organization's security. The BFSI sector is expected to witness strong growth in the threat intelligence market. Click here to know more about it. Considering the competitiveness factor, APAC and MEA have limited number of cyber security vendors as compared to the developed regions like North America and Europe, making it a fair space for growing business. United Arab Emirates, Copyright © Future Market Insights. Mounting number of patient admissions is expected to generate massive data pool, tempting cyber criminals to conduct sly identity thefts through spams. The company offers IBM X-Force Exchange, a cloud-based threat intelligence platform that allows an organization or agency to consume, share, and act on malicious activity. The emergence of next-generation technologies such as 5G and 4G has enabled companies to download large files, thereby promoting the use of the file-based solutions. The BFSI industry vertical is estimated to hold the largest market size in the threat intelligence market in 2020. It continues to be the most targeted industry vertical, as it deals with huge amount of financial data and private information related to consumers. The cyber threat intelligence has evolved to incorporate advanced technologies like artificial intelligence and machine learning. Revenue in USD million/billion and CAGR from 2017 to 2025, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, Solution, service, deployment, application, region, North America; Europe; Asia Pacific; Latin America; Middle East & Africa, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico. For instance, Australia passed 13 new Australian Privacy Principles (APPs), which the private and public sectors comply with for ensuring cloud security. With the large section of their business operating online, the robust network security infrastructure has become an occupational necessity for the telecom industry. The SIEM segment accounted for 30% of the market revenue in 2018. Artificial intelligence (AI) and in particular machine learning (ML) are both powerful technology buzzwords. For instance, a recent study on data breaches and cyber-attacks conducted in May 2020 states that around 8.8 billion records have been stolen using 105 threat incidents in one month. FMI delivers personalised research services by deploying a broad spectrum of research databases, resources, and methodologies. COVID-19 shall accelerate the demand for agile and flexible work styles and further push the adoption of communication services that tend to improve work-life balance. Today, the banking sector faces a huge challenge from Distributed Denial of Service (DDoS) attacks that are more complex. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth. Moreover, rapid adoption of digital technology has made the region a target for a broad range of cyber threats which has increased demand for threat intelligence solution. b. Published Date: Feb 2019 | Report ID: GMI3151 | Authors: Ankita Bhutani, Preeti Wadhwani. Advancements in the banking industry such as e-banking, mobile banking, and ATM are expected to increase security vulnerabilities. This is expected to have an impact on the commercialization of commercial 5G standalone deployments and revenue generated through 5G services. This website is secure and your personal details are safe. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. With the incorporation of these trends, the enterprises need to prepare for the emerging internal and external security vulnerabilities in their networks. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market. Who are the key players in threat intelligence market? This growth is credited to increasing proliferation of cloud technology. Market Research Blogs. The global threat intelligence market is expected to grow at a compound annual growth rate of 17.4% from 2017 to 2025 to reach USD 12.6 billion by 2025. b. The financial players are investing in advanced threat intelligence infrastructure to bolster their defenses against the latest cybercrime technologies. Modern cyber-attacks such as WannaCry and NotPetya pandemic use disruptive and innovative security technology to circumvent the passive defense mechanism. Our support available to help you 24 hours a day, five days a week. Mandatory Compliance Fuels Adoption of Threat Intelligence Solutions and Software. Edison, NJ -- -- 11/06/2020 -- The latest update of Global Threat Intelligence Management Market study provides comprehensive information on the development activities by industry players, growth opportunities and market sizing for Threat Intelligence Management, complete with analysis by key segments, leading and emerging players, and geographies. Some of the key players in the industry are Accenture, Cisco Systems, Crowdstrike, Check Point Software, Digital Shadows, FireEye, Flashpoint, Group-IB, Hold Security, IBM, IntSights, Kaspersky Lab, McAfee, Oracle, Palo Alto Networks, Proofpoint, Recorded Future, Secureworks, Sophos, Symantec, ThreatQuotient, and TrendMicro. The UK and U.S. governments’ supportive approach towards sharing threat feeds of rising cybercrime enables state as well as other private organizations to accumulate data and come up with preventive measures in advance. What is the threat intelligence market growth? GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. Due to this, there will be an increase in the number of security vulnerabilities, raising concerns among organizations to update their security infrastructure and to keep up with the changing threat scenario. GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. Threat Intelligence Market Size and Forecast. Threat Intelligence Market size surpassed USD 4 billion in 2018 and is anticipated to grow at a CAGR of over 14% between 2019 and 2025. The graph highlights some of the key attributes of the market such as technology maturity, capital funding, inorganic growth strategies, and competitiveness with impression of regional variance of the same. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework. All interactions are confidential. Recent trends and cybersecurity statistics reveal a huge increase in cyber-attacks on various industries including banking and retail sectors.