Global Cyber Threat Intelligence Services
Market Report
2024
the worldwide cyber threat intelligence services market was estimated to be worth USD 11.1 billion in 2022 and rise at a compound annual growth rate (CAGR) of 19.10% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the worldwide cyber threat intelligence services market was estimated at USD 11.1 billion in 2022 and rise at a compound annual growth rate (CAGR) of 19.10% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Cyber Threat Intelligence Services Market Sales Revenue 2022 | $ 11.1 Billion |
Global Cyber Threat Intelligence Services Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.1% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Cyber Threat Intelligence Services Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The cyber threat intelligence services industry is concerned with gathering, analyzing, and disseminating information about potential cyber threats to organizations and individuals. This data can be utilized to identify and prevent possible threats, as well as design an effective cybersecurity plan. The market for cyber threat intelligence services is expected to expand significantly in the coming years as a result of factors such as increasing cyber attack frequency and sophistication, the importance of data privacy and security, and the growing adoption of cloud computing and other digital technologies.
For instance, according to Orange CYBERDEFENSE, malware was the most common type of cyber assault in banking and insurance firms between October 2021 and September 2022. The assault vector targeted almost 40% of enterprises worldwide. Network and application anomalies came in second, with 23% of firms facing such cyber attacks, followed by system anomalies (20%).
(Source:www.orange-business.com/en/blogs/cybercrime-under-microscope)
Cybercrime has been on the rise for several years and shows no signs of abating. The epidemic has increased the number of people working from home, which has increased the number of cyberattacks. Organizations are embracing a work-from-home strategy, which raises questions regarding corporate security.
Every 10 seconds, a new organization falls victim to ransomware. Harris Federation, Channel Nine, Florida Water System, CAN Financial, Bombardier, Acer, Microsoft Exchange, and Sierra Wireless were among the companies targeted by major cyberattacks in 2021.
(Source:securityboulevard.com/2021/12/10-major-cyber-attacks-witnessed-globally-in-q1-2021/)
Furthermore, the introduction of cloud computing and cybersecurity has shifted the focus from single networks to dispersed networks. Threat intelligence solutions give information about attacks as they happen. As a result, the increased usage of threat intelligence programs by enterprises to monitor global cyberattacks and threat data is likely to drive market expansion.
According to Tanium's endpoint security research, 75% of enterprises employ threat intelligence on a regular and continuous basis. As a result, increased cyberattacks contribute to worldwide market growth.
(Source:venturebeat.com/security/why-getting-endpoint-security-right-is-crucial/)
Increasing regulatory compliance requirements in a variety of industries are boosting demand for threat intelligence solutions. Governments and regulatory authorities are requiring businesses to develop sophisticated cybersecurity safeguards to secure sensitive data and ensure customer privacy. Noncompliance with these regulations can result in hefty financial penalties as well as reputational harm.
Regulations such as the United States' California Consumer Privacy Act (CCPA), Europe's General Data Protection Regulation (GDPR), and the Payment Card Industry Data Security Standard (PCI DSS) globally emphasize the importance of organizations having a comprehensive understanding of the threat landscape and implementing proactive security measures. Threat intelligence assists firms in meeting these compliance obligations by offering insights into new threats, vulnerabilities, and risk mitigation best practices.
Microsoft announced the introduction of threat intelligence capabilities into its Azure cloud platform on March 15, 2023, to assist enterprises in meeting regulatory compliance obligations. The connection enables enterprises to take use of real-time threat intelligence feeds, allowing them to quickly identify and respond to potential security concerns. Microsoft intends to help enterprises effectively comply with regulatory regulations by embedding threat intelligence directly into its cloud services.
The most significant barrier to securing industry infrastructure is a scarcity of security personnel.According to Janet Manfra, deputy director of CISA, skill shortages in the public and commercial sectors could pose national security vulnerabilities. Countries such as Japan and the United Kingdom struggle to locate skilled cybersecurity specialists.Despite the ever-expanding digital marketplace, there is a growing scarcity of security specialists overseeing vital infrastructure. As a result, qualified and skilled security experts are needed to efficiently operate threat intelligence products.
The COVID-19 pandemic has had a good impact on the industry, with government agencies around the world implementing new ways to address the organizations' cyber issues. Many organizations are going through response, rehabilitation, and renewal stages as a result of COVID-19. An organization may weather the COVID-19 crisis and adapt to the new normal by strengthening its business resilience and enabling agility.Employees were forced to work from home due to government limitations established in reaction to the coronavirus outbreak. As a result, technology has become increasingly crucial in both business and personal life.Government agencies and private enterprises across the globe are investing in R&D to deliver enhanced threat intelligence technologies
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To expand and modernize their range of cyber security products, the major cyber threat intelligence service providers also concentrate on forming alliances with other IT firms in the industry. This tactic enables businesses to grow globally while also assisting them in improving their present offerings. Recent developments in the cyber threat intelligence service market are listed below
October 2022, BlackBerry Limited announced the launch of its unique Cyberthreat Intelligence (CTI) solution at the BlackBerry Security Summit. This is intended to assist enterprises to detect and respond to cyberattacks. The service offers threat intelligence on the most recent threat actors, cyberattacks, and malicious campaigns.
September 2022, CrowdStrike Holdings, Inc. bought Reposify Ltd. to discover and reduce risks from weak and unknown assets before attackers could exploit them. CrowdStrike uses Reposify, part of its world-renowned suite of threat intelligence solutions, to provide its customers with a dramatically different EASM experience.
Top Companies Market Share in Cyber Threat Intelligence Services Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, in 2022, North America held the greatest threat intelligence market share. Increased usage of loT devices by numerous international financial organizations and internet users is projected to boost market expansion in the North American area due to the abundance of sufficient infrastructure.
According to the US Department of Health and Human Services, 28 data breaches in the United States have been recorded in 2020, involving email hacking, malware assaults, and unauthorized access to EHRs. Because it is scalable and cost-effective, cloud computing is considered as an urgent solution in the medical healthcare sector.
According to Cognitive Market Research, Asia Pacific is predicted to be the fastest-growing region during the projection period. Due to the growing problems of data theft and a surge in cyberattacks, large corporations and a number of SMEs in China, Japan, and India have been investing in security solutions. The rising number of cyber-crime activities at software applications, expanding demand for mobile and web applications, and rising government & legislation by-laws are expected to drive market expansion in Asia-Pacific
The current report Scope analyzes Cyber Threat Intelligence Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Cyber Threat Intelligence Services Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cyber Threat Intelligence Services Industry growth. Cyber Threat Intelligence Services market has been segmented with the help of its Type, Application , and others. Cyber Threat Intelligence Services market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, in 2022, the operational segment held an significant market share. This is due to the rising demand for information on specific incoming cybercriminal attacks. The operational segment provides information regarding the nature of the attack, the capabilities and identity of the attacker, and indicators of when the attack will reach the organization. During the predicted period, the tactical segment will increase at the fastest rate.
Tactical Threat Intelligence is the market's second most important category after Cyber Threat Intelligence Services. This sector entails gathering and analyzing information regarding specific cyber risks, such as malware or phishing assaults, in order to provide enterprises with actionable insight to safeguard their systems and data. As cyber threats become more complex and focused, tactical threat intelligence is becoming increasingly vital, and many firms are investing in this type of intelligence to keep ahead of possible attackers.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cyber Threat Intelligence Services Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the BFSI segment held a sizable market share in 2022. The financial services industry is one of the major infrastructure industries that has been subjected to numerous cyberattacks and data leaks. Cybercriminals have an incredibly profitable operating model with fantastic profits, as well as relatively low risk and detectability.
Due to increased security events in the telecommunications industry, the IT & telecom segment owns the second largest share and will rise at the fastest CAGR throughout the projection period. According to PW's Global State of Information Security Survey, IT security incidents in the telecommunications sector grew by 45% in 2020 compared to the previous year.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cyber Threat Intelligence Services Market is witnessing significant growth in the near future.
In 2023, the Strategic Threat Intelligence segment accounted for noticeable share of global Cyber Threat Intelligence Services Market and is projected to experience significant growth in the near future.
The BFSI segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Cisco , IBM and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Strategic Threat Intelligence, Operational Threat Intelligence, Tactical Threat Intelligence, Technical Threat Intelligence |
Application | BFSI, IT & Telecom, Healthcare, Retail, Government &Defense, Manufacturing, Others |
List of Competitors | Cisco, BAE Systems, IBM, Broadcom (Symantec), RSA Security, Kaspersky, Siemens, FireEye, Webroot, Sophos, Recorded Future, CyberArk, MAVERICK, Check Point, Parsons, NSFOCUS |
This chapter will help you gain GLOBAL Market Analysis of Cyber Threat Intelligence Services. Further deep in this chapter, you will be able to review Global Cyber Threat Intelligence Services Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cyber Threat Intelligence Services market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Strategic Threat Intelligence have a significant impact on Cyber Threat Intelligence Services market? |
What are the key factors affecting the Strategic Threat Intelligence and Operational Threat Intelligence of Cyber Threat Intelligence Services Market? |
What is the CAGR/Growth Rate of BFSI during the forecast period? |
By type, which segment accounted for largest share of the global Cyber Threat Intelligence Services Market? |
Which region is expected to dominate the global Cyber Threat Intelligence Services Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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