Global Threat Intelligence Market Report and Forecast 2024-2032

Global Threat Intelligence Market Outlook

The global threat intelligence market size attained approximately USD 12.35 billion in 2023. The market is further estimated to grow at a CAGR of 13.7% in the forecast period of 2024-2032, reaching a value of around USD 39.19 billion by 2032.

Key Trends in the Market

Threat intelligence, variously known as cyber threat intelligence, refers to the information that is used by an organisation for understanding threats and preventing and identifying potential cybercrimes. The data is also analysed to understand the mechanism of cyberattacks and provide action-oriented insights to mitigate them.

• Public and private institutions are focusing on integrating advanced security solutions into their IT system to comply with strict government regulations, protect customer data, and strengthen their system security, thereby accelerating the threat intelligence market growth.

• The increasing implementation of artificial intelligence (AI) in threat intelligence to analyse large-scale data is expected to augment the market growth. AI also provides valuable insights into cyber threats while analysing the cyberattacks to provide security against similar future attacks.

• A significant threat intelligence market trend is the adoption of growing advanced technologies by businesses to enhance cybersecurity. Technologies such as automation, machine learning, blockchain, and data analytics, are expected to provide a comprehensive view of threats and support the market development in the coming years.

Market Analysis

Based on type, the market is divided into solutions and services. On the basis of deployment mode, the market is classified into cloud and on-premises. Based on application, the market is segmented into security information and event management, government, risk and compliance, and business continuity planning and management.

On the basis of end use, the threat intelligence market segmentation includes BFSI, IT and telecommunications, retail, manufacturing, utilities, and healthcare, among others.  The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global threat intelligence market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• IBM Corporation  

• Broadcom Inc. 

• Juniper Networks, Inc.  

• AT&T Inc  

• Trend Micro Incorporated  

• CrowdStrike Inc.  

• Check Point Software Technologies Ltd.  

• Webroot LLC 

• LookingGlass Cyber Solutions Inc.  

• Musarubra US LLC  

• NSFOCUS, Inc.  

• Others

Market Share by Deployment Type

The growing preference for cloud-based threat intelligence solutions due to their cost-effectiveness and scalability is expected to significantly contribute to the overall threat intelligence market demand. Government bodies and several enterprises are also shifting towards cloud-based solutions due to their ease of usage and flexibility. Moreover, the integration of cloud-based threat intelligence services and tools with artificial intelligence is expected to boost their efficiency against cyber threats in the coming years.

Market Share by Region

According to the threat intelligence market analysis, North America is expected to account for a substantial market share due to a rise in the adoption of IoT devices in the region. Several government initiatives to increase investments in research activities for developing innovative measures to combat cyberattacks also accelerate the market demand. Meanwhile, the Asia Pacific is also expected to witness a healthy growth in the forecast period amid the growing adoption of threat intelligence tools by small and medium-scale enterprises.

Competitive Landscape

IBM Corporation, founded in 1911, is an American technology corporation. The company, with its headquarters in New York, the United States, support businesses to reduce their costs, streamline their processes, and use data insights to gain a competitive edge.

Broadcom Inc., a infrastructure software and semiconductor company, founded in 1961 has its headquarters in California, the United States. Its products are used in the industrial, storage, and data centre sectors.

Juniper Networks, Inc., founded in 1996 and based in California, the United States is a multinational technology corporation. It mainly deals in networking products such as software programs, switches, routers, and network security.

Other threat intelligence market players include AT&T Inc, Trend Micro Incorporated, CrowdStrike Inc., Check Point Software Technologies Ltd., Webroot LLC, LookingGlass Cyber Solutions Inc., Musarubra US LLC, and NSFOCUS, Inc., among others.

Key Highlights of the Report