Threat Intelligence Management Market Analysis

Threat Intelligence Management Market Overview

Threat Intelligence Management Market size is projected to grow from USD 10.296 Billion in 2024 to USD 23.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.10% during the forecast period (2024 - 2032). Additionally, the market size for threat intelligence management was valued at USD 9.13 Billion in 2023.

Increased demand for detecting threat-related information and advancement in technology are the key market drivers enhancing the growth of market.

Figure 1: Threat Intelligence Management Market Size, 2022-2032 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Threat Intelligence Management Market Trends

Growing demand for detecting threat-related information is driving the market growth.

Market CAGR for threat intelligence management is being driven by the rising demand for detecting threat-related information. The adoption of more interwoven security solutions in order to detect cyber threats and detect future causes taking place in an organization generates more opportunities raising the market demand. The integration of IoT is enhancing threat intelligence solutions, which makes everything nearly everything connected to the internet.

The increase in the demand for the detection of threat-related information and, therefore, changing this information giving relevant information which is thus used by the analysts, encourages the use of novel security models, therefore, taking few precautions, which also plays an important role in threat intelligence management market revenue. The market offers a platform in order to generate new and recent threat actors, carrying out certain attacks and identifying them. This feature assists them in carrying out and differently elucidating the threat data that can affect the threat intelligence management market throughout the forecast period. The threat intelligence management market has under-went several transformations because of its different reformation taking place owing to technological growth and development. The data about the threat intelligence present is boosting the premises to manage the threat intelligence management market.

Several targeted threat data will be capable of compromising the security of the threat intelligence market. Further, threat intelligence management is utilized to monitor malicious activities taking place in the threat intelligence management market, thus leading to the creation of some effective defense systems and, therefore, integrating the threat intelligence resources. The growing integration of technologically advanced solutions like Artificial Intelligence, IoT, and Machine Learning is due to the rising cyberattacks in SMEs and large enterprises. The advent of cloud computing and cybersecurity has led to the adoption of distributed networks. The organizations that are using threat intelligence programs in order to analyze cyberattacks globally and the threat data is anticipated to fuel the market growth. Thus, driving the Threat Intelligence Management market revenue.

However, an insufficient and inefficient framework of cybersecurity has hampered the threat management implementation throughout the threat services. Further, the integration of a few tools utilizing integrated solutions has caused enforcement of complex and important threat management infrastructure; also, maintaining and improperly generating more security options is restraining the market growth.

Threat Intelligence Management Market Segment Insights

Threat Intelligence Management Component Insights

The global Threat Intelligence Management market segmentation, based on components, includes Solutions and Services. The solutions category dominated the market and accounted for the largest market revenue as the operational security teams can save time and raise the effectiveness with real-time insights from the threat intelligence solutions. The growing adoption of solutions like security information and event management, log management, identity and access management, security and vulnerability management, incident forensics, risk and compliance management and user entity behavior analytics boost the market growth. Further, the growing requirement for modern threat management managed services, support services, and professional training throughout the world will boost threat intelligence services.

Threat Intelligence Management Enterprise Type Insights

The global Threat Intelligence Management market segmentation, based on enterprise type, includes SMEs and Large enterprises. The large enterprises' segment dominates the market as these large companies can minimize the cost of the business in a large-scale business in a large-scale business economy when increasing their profit revenue. This prime advantage of a large enterprise economy is generating opportunities and creating a way for the growth of enterprises. SMEs are foreseen to be the fastest-growing segment due to them being the victims of cyberattacks more often.

Figure 2: Threat Intelligence Management Market by Enterprise Type, 2022 & 2032 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Threat Intelligence Management Regional Insights

By region, the study gives market insights into the North America, Europe, Asia-Pacific and the Rest of the World. The North American Threat Intelligence Management market area dominates the market due to the growing adoption of IoT devices by a huge number of global internet users and financial institutions, owing to the presence of suitable infrastructure in this region. Private and government companies are increasingly investing in R&D in order to deploy advanced solutions.

Further, the prime countries studied in the market report are The US, Canada, France, German, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.

Figure 3: THREAT INTELLIGENCE MANAGEMENT MARKET SHARE BY REGION 2022 (USD Billion)

Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's Threat Intelligence Management market accounts for the second-largest market share due to the rising investment in the management system and growth in the demand for innovative web and mobile applications in this region. Further, the German Threat Intelligence Management market held the largest market share, and the UK Threat Intelligence Management market was the fastest-growing market in the European region.

The Asia-Pacific Threat Intelligence Management Market is expected to grow at the rapid CAGR from 2023 to 2032. This is due to the increased investment by SMEs and large enterprises in order to offer provide protection against cyberattacks. Moreover, China’s Threat Intelligence Management market held the largest market share, and the Indian Threat Intelligence Management market was the rapid-growing market in the Asia-Pacific region.

Threat Intelligence Management Key Market Players & Competitive Insights

Leading market players are investing hugely in research and development in order to spread their product lines, which will help the Threat Intelligence Management market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments inclusive new product launches, mergers and acquisitions, higher investments, contractual agreements, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Threat Intelligence Management industry must offer cost-effective items.

Manufacturing locally to reduce the operational costs is one of the key business tactics utilized by manufacturers in the global Threat Intelligence Management industry in order to benefit clients and increase the market sector. In recent years, the Threat Intelligence Management industry has offered some of the major significant advantages to data security. Major players in the Threat Intelligence Management market, including IBM Corporation, Cisco System Inc., Microsoft, BlackBerry Limited, Check Point Software Technologies, Huawei Technologies, Anomali Inc, AO Kaspersky Lab, CrowdStrike Inc., Fortinet Inc., Vmware Inc., and others, are trying to increase market demand by investing in the research and development operations.

IBM Corporation, founded in the year 1911, and headquartered in Armonk, New York, is a multinational technology company. The company is known for its software and hardware products, inclusive of servers, computers, networking equipment, and storage systems. The company also offers technology, consulting and business services like cloud computing, artificial intelligence, and data analytics. The R&D efforts of the company have helped various technological innovations. In October 2017, IBM Security launched a few innovative capabilities for the protection of CloudPak, pushing customers to respond, detect, and safeguard from the threats related to data security. The security operation that is carried out manages the whole lifecycle from the single threat source. The acquisition of the company with ABB discovered monitoring services offering security to threat industrial operators.

Cisco Systems Inc, headquartered in San Jose, California, is an American-based multinational digital communications technology conglomerate corporation. The company develops, produces and markets networking hardware, telecommunication and software equipment and other high-technology services and products. The company specializes in specific tech makers like IoT, domain security, and energy management with leading products inclusive of OpenDNS, Webex, Jabber, Jasper, and Duo security. In April 2017, the company partnered with Google to develop an integrated SD-WAN which provides its clients with several workloads. This acquisition makes it better accessible for the consumers in order to carry out GCP on the network services of Cisco.

Key Companies in the Threat Intelligence Management market include

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  IBM Corporation

  
  


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  Anomali Inc

  
  


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  Cisco System Inc.

  
  


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  BlackBerry Limited

  
  


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  Microsoft

  
  


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  Check Point Software Technologies

  
  


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  Huawei Technologies

  
  


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  AO Kaspersky Lab

  
  


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  CrowdStrike Inc.

  
  


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  Fortinet Inc.

  
  


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  Vmware Inc

  
  

Threat Intelligence Management Industry Developments

August 2022: National Cyber Crypto Agency of Indonesia and Microsoft entered into a partnership in order to work under the Cyber Threat Intelligence Program of Microsoft. This partnership helped BSSN access the cyber threat intelligence of Microsoft in Indonesia and offer greater insight into the cyber infrastructure of criminals.

October 2021: The launch of its exceptional Cyberthreat Intelligence solutions by Blackberry Limited at the Blackberry Security Summit. It is fabricated to assist the organization detect and respond to cyberattacks. The solution offers threat intelligence that details the latest cyberattacks, threat actors, and malicious campaigns.

August 2017: Trend Micro acquired Synkn in order to make widespread security teams helping them to manage the threats related to open-source threat intelligence software.

Threat Intelligence Management Market Segmentation

Threat Intelligence Management Component Outlook

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  Solutions

  
  


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  Services

  
  

Threat Intelligence Management Enterprise Type Outlook

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  SMEs

  
  


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  Large Enterprise

  
  

Threat Intelligence Management Regional Outlook

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  North America

  
  

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  US

  
  


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  Canada

  
  

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  Europe

  
  

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  Germany

  
  


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  France

  
  


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  UK

  
  


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  Italy

  
  


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  Spain

  
  


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  Rest of Europe

  
  

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  Asia-Pacific

  
  
  
  
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    China

    
    
  
  
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    Japan

    
    
  
  
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    India

    
    
  
  
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    Australia

    
    
  
  
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    South Korea

    
    
  
  
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    Australia

    
    
  
  
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    Rest of Asia-Pacific

    
    
  
  
  
  


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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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    Africa

    
    
  
  
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    Latin America