Threat Intelligence Platform Market Companies analysis -Trends and Forecast to 2027
Market Analysis
Market
Research Future (MRFR) presumes the global Threat Intelligence
Platform Market Companies to reach USD 6.6 billion at a
CAGR of 21.4% from 2020 to 2027 (forecast period).
Multiple
Factors that Boost Market Growth
The
platform analyses data and offers threat intelligence insights. A massive
number of connected devices can be attributed to the increasing level of
interconnectivity caused by the increased adoption of Internet of Things (IoT)
technologies and rising BYOD trends. Enterprises must employ next-generation
cybersecurity solutions, such as threat intelligence platforms, which drive
market development. Another reason driving the global Threat Intelligence
Platform Market Companies is stringent data protection regulations. The
increase in the number of targeted attacks and the prevalence of advanced
persistent threats (APTs) further drives market expansion.
As the
volume and complexity of threats grow exponentially, threat intelligence
platforms are vital security tools. The technology identifies malicious
activity within an organization's network. The platforms are installed as a
SaaS or on-premise solution to help manage cyber threat intelligence and
associated entities like actors, campaigns, incidents, signatures, bulletins,
and tactics, techniques, and procedures (TTP). The platform can aggregate
intelligence from numerous sources and combine it with existing security
systems.
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Market
Segmentation
The
global threat intelligence platform industry has been segmented based on
component, organization size, deployment, and vertical.
On the basis
of components, the global Threat Intelligence Platform Market Companies has
been divided into solutions and services. The services segment has been split
into professional services and managed services.
On the
basis of organization size, the global Threat Intelligence Platform Market
Companies has been divided into small- and medium-sized enterprises (SME) and
large enterprises.
On the
basis of deployment, the worldwide Threat Intelligence Platform Market
Companies has been divided into on-premise and cloud.
On the
basis of vertical, the worldwide Threat Intelligence Platform Market Companies
has been divided into banking, government and defense, financial services, and
insurance (BFSI), IT and telecommunication, energy and utilities, healthcare,
manufacturing, transportation, retail, education, and others.
Regional
Analysis
North
America to Dominate the Global Market
During
the projection period, North America is expected to have the greatest market
size. Increased adoption of IoT and BYOD has resulted in rapid growth in the
number of connected devices, increasing the danger of a cyber-attack. The
platform enables enterprise analysts to conduct deeper investigations while
disseminating intelligence more quickly. Large organizations, as well as SMEs
from various industries, have used advanced cybersecurity solutions on a large
scale, such as threat intelligence systems. These factors help to propel North
America to the top of the global Threat Intelligence Platform Market Companies.
The United States leads the market in North America due to the early adoption
of cybersecurity solutions and initiatives by key companies in the form of
partnerships with different technology players for product enhancement. The
prevention of cybersecurity assaults and breaches is a driving element in the
market's growth.
Key
Players
According
to MRFR, the main players in the worldwide Threat Intelligence Platform Market
Companies are recognized based on their country of origin, recent significant
developments, presence across different regions, product diversification, and
industry expertise. These invlove IBM Corporation (US), McAfee, LLC (US),
Symantec Corporation (US), FireEye, Inc. (US), Dell Inc. (US), Optiv Security
Inc. (US), Check Point Software Technologies Ltd. (Israel), Trend Micro
Incorporated (Japan), AO Kaspersky Lab (Russia), Webroot Inc. (US), AT&T
(US), Flashpoint (US), Intel 471 (US), PhishLabs (US), and LogRhythm, Inc.
(US).
The other
participants in the global Threat Intelligence Platform Market Companies are
Group-IB (Russia), CrowdStrike (US), Digital Shadows Ltd (US), LookingGlass
Cyber Solutions, Inc. (US), ThreatConnect, Inc. (US), Farsight Security (US),
Blueliv (Spain), Proofpoint, Inc. (US), DomainTools (US), SurfWatch Labs, Inc.
(US) and others.
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