Threat Intelligence Market Size (2024 - 2029)

Threat Intelligence Market Analysis

The Threat Intelligence Market size is estimated at USD 8.15 billion in 2024, and is expected to reach USD 14.96 billion by 2029, growing at a CAGR of 12.90% during the forecast period (2024-2029).

A paradigm shift has taken place in the last few years between attack sources, targets, destination attacks profiles and different types of technology. While it is possible to identify attack types and targets, the source of those attacks remains a problem due to difficulties in determining who was responsible for them.

• Organizations are shifting their focus to different cyber security solutions in view of the increasing number of attacks and data breaches. Due to the increasing cyber arms race among attackers and defenders, a growing number of organisations are focusing their attention on cyber intelligence. Thanks to threat intelligence, defenders have been able to make quicker and more informed security decisions with a view to moving their behaviour from reactive to proactive in the event of an attack.
• Most organizations focus their intelligence efforts on more basic use cases, which are based on existing case studies and attacks, such as integrating intelligence feeds with existing IPS, firewalls and SIEMs, and do not take full advantage of the intelligence information they have to offer.
•  The market for threat intelligence is primarily driven by the increasing uniqueness of the attack techniques, which makes the data vulnerable. The key factor driving this market is the increasing volumes of data generated by different enterprises.
• By integrating cloud and threat intelligence, organisations can protect themselves against cyber threats by using the Global Threat Community to detect unknown threats before they become known in order to prevent them from emerging so as to target an attack's surface. This has led to a significant increase in the adoption of threat intelligence solutions.
• The number of cyber crimes has increased in recent years, but there is no sign they are slowing down. telecommuting has increased as a result of the pandemic. The number of cyberattacks is increasing. The market for threat intelligence is further driven by the adoption of a remote working model by enterprises, which raises concerns about corporate security.
•  The COVID 19 pandemic has had a positive impact on market growth, and new strategies are being developed by governments around the world to support organisations' concerns about cyber security. An increase in cyber vulnerabilities is driving the growth of threat intelligence markets.

Threat Intelligence Industry Segmentation

Threat intelligence collects and evaluates information relevant to protecting an organization from internal and external threats and analyzes that information to detect deceptions for accurate and relevant intelligence.

The threat intelligence market is segmented by type (solutions and services), deployment (on-premise and cloud), end user (banking, financial services, and insurance (BFSI), IT and telecom, retail, manufacturing, healthcare), and geography (North America (United States, Canada), Europe (United Kingdom, Germany, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), Latin America (Mexico, Brazil, Rest of Latin America), Middle East and Africa (United Arab Emirates, South Africa, Rest of Middle East and Africa)). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.