Press release
Threat Intelligence Market With Emerging Factors 2020 | IBM Corporation, Dell Inc., CrowdStrike Inc., Anomali Inc., Fortinet Inc., Symantec Corporation, McAfee LLC
Threat intelligence is defined as an information which is used by an organization to understand the threat that will or is currently targeting the organization. It is also known as cyber threat intelligence, it is an organized, analyzed, and refined information about potential or current attacks that threaten an organization. It helps organizations to understand the risk of the most common and severe external threats, such as zero-day threats, advanced persistent threats, and exploits. It includes in-depth information about specific threats to help an organization protect itself from the types of attacks that cause maximum damage. It is a component of security intelligence and includes both the information relevant to protecting an organization from external and internal threats and the processes, policies, and tools designed to gather and analyze that information.Growth in adoption of threat intelligence solution by SMEs, evolution of next generation security solutions in many organization & SMEs, and high implementation of threat intelligence solutions across various sectors are the major factors that drive the growth of the threat intelligence market. In addition, rise in incidences of security breaches and cybercrime in an organization fuel the growth of the threat intelligence market. However, lack of skilled security professionals and higher cost hamper the growth of the market. Furthermore, integration of artificial intelligence (AI) and machine learning in threat intelligence and growth in the adoption of cloud-based technology by SMEs in threat intelligence are anticipated to provide major opportunities for threat intelligence market growth.
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The threat intelligence market is segmented based on component, deployment mode, organization size, application, industry vertical, and region. In terms of component, the market is divided into solution and services. As per deployment mode, the market is bifurcated into on-premise and cloud. In terms of organization size, the market is classified into large size organization and small and medium size organization. Based on application, the market is segmented into information security management, log management, risk management, identity & access management, and others. As per industry vertical, the market is categorized into BFSI, retail & e-commerce, IT & telecommunication, manufacturing, healthcare, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the threat intelligence market analysis are IBM Corporation, Dell Inc., CrowdStrike Inc., Anomali Inc., Fortinet Inc., Symantec Corporation, McAfee LLC, Webroot Inc., Juniper Networks Inc., and Farsight Security Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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