Threat Intelligence Market size was valued at USD 12.77 Billion in 2023 and is expected to cross USD 88.93 Billion by the end of 2036, expanding at more than 16.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of threat intelligence is estimated at USD 14.62 Billion. Threat intelligence is primarily used to avoid the increasing number of cyber-attacks across every spectrum. Almost 2,200 cyberattacks happen every day across the world which is equivalent to 39 cyberattacks every 39 seconds.
Most organizations are focusing on integrating threat intelligence and other cybersecurity solutions owing to the rising cyber conflict between attackers and defenders. And thus, owing to the deployment of threat intelligence, enterprises are capacitated to make quicker and more enlightened security options and work against breaches.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
16.1% |
Base Year Market Size (2023) |
USD 12.77 Billion |
Forecast Year Market Size (2036) |
USD 88.93 Billion |
Regional Scope |
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Organization Size (SMEs, Large Enterprise)
The SMEs segment in the threat intelligence market is forecasted to have great opportunities for generating the largest. It is estimated to hold almost 62% revenue share by 2036. The large number of SMEs present in the world along with them being the target of new types of cyberattacks is estimated to favor increasing the usage of threat intelligence. Around 46% of the small businesses present in the world are the victim of cyberattacks every year.
End-User (BFSI, Government & Defense, Education, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities, Retail)
Threat intelligence market from the IT & Telecom segment is expected to garner a significant share of around 32% in the year 2036. The rapid boom of the IT & Telecom industry owing to the trend of digitalization is anticipated to higher the demand for threat intelligence to protect the confidential data of the sector. Also, advanced technologies such as IoT, 5G, and cloud services are being adopted in the IT sector which also brings the need for threat intelligence to identify potential threats to the company’s information.
Our in-depth analysis of the global market includes the following segments:
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Deployment |
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Organization Size |
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North American Market Forecast
The North America threat intelligence market is projected to generate a large amount of revenue and hold almost 35% by 2036. The presence of major giant software companies, as well as the rising investment to develop the IT infrastructure, is estimated to attract opportunities for the threat intelligence segment to grow during the projected timeline. Also, the tremendous effort to integrate the development of technologically advanced cybersecurity solutions and services is anticipated to create a positive outlook for market gain in the region.
APAC Market Analysis
The threat intelligence industry in the Asia Pacific is estimated to hold a significant share of about 24% by the end of the forecast timeframe. The increasing number of data centers along with favorable legislation and good data privacy and protection rules in emerging economies such as China, India, and other developing nations of the region are boosting the growth.
Author Credits: Abhishek Verma
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