How big is the Threat Intelligence Market?

The Threat Intelligence Market size is expected to reach USD 8.15 billion in 2024 and grow at a CAGR of 12.90% to reach USD 14.96 billion by 2029. Read More

What is the current Threat Intelligence Market size?

In 2024, the Threat Intelligence Market size is expected to reach USD 8.15 billion. Read More

Who are the key players in Threat Intelligence Market?

Dell Inc., IBM Corporation, Anomali, Inc., Fortinet, Inc. and CrowdStrike, Inc. are the major companies operating in the Threat Intelligence Market. Read More

Which is the fastest growing region in Threat Intelligence Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Threat Intelligence Market?

In 2024, the North America accounts for the largest market share in Threat Intelligence Market. Read More

What years does this Threat Intelligence Market cover, and what was the market size in 2023?

In 2023, the Threat Intelligence Market size was estimated at USD 7.10 billion. The report covers the Threat Intelligence Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Threat Intelligence Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Threat Intelligence Market Trends

Statistics for the 2023 & 2024 Threat Intelligence market trends, created by Mordor Intelligence™ Industry Reports. Threat Intelligence trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Threat Intelligence Industry

BFSI Segment is Expected to Occupy a Significant Share

Due to its large customer base, which the BFSI sector serves and due to the Financial Information at stake, it is one of the critical infrastructure segments facing a number of data breaches and cyber attacks on an ongoing basis.
Cyber criminals optimize many calamitous cyberattacks to immobilize the financial sector because they are a highly lucrative business model with spectacular returns and an added upside of relatively low risk and detection. The threat landscape of these attacks ranges from ATM malware, Trojans, malware, ransomware, and mobile banking malware to data breaches, institutional intrusions, data thefts, tax evasion, etc.
Public and privately owned banks are focusing on the implementation of new technology to prevent cyber attacks, as part of a strategy for safeguarding IT processes and systems, ensuring critical customer data is protected against unauthorised access while respecting government rules. Moreover, a proactive approach to security is required by banking institutions in view of increasing customer expectations, technical advances and legislative requirements.
Online banking is becoming a favourite choice for customers of banking services due to the growing penetration of technology and digital channels, e.g. internet banking and cellphone banking. Advanced authentication and access control processes, such as threat intelligence strategies, must be used by the banks.

Threat Intelligence Market: Industries Most at Risk from Cyber Attacks in Poland in 2023, in Percentage

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North America to Hold the Largest Market Share

There are more than 1 exabyte of stored data in the financial services industry in the United States. These data are collected from different sources, such as credit and debit card history, customer bank visits, banking volumes, call logs, account transactions or web interactions.
A number of global financial institutions have increased their use of Internet of Things devices due to the availability of adequate infrastructure, and the growth of threat intelligence solutions in North America is expected to be driven by Internet users.
In order to develop advanced threat intelligence solutions, public authorities and private players in different regions are investing in research and development. The US Department of Homeland Security (DHS) Cybersecurity and the Infrastructure Security Agency (CISA) mentioned that they experienced a massive rise in phishing and malware distribution using COVID-19-themed lures, registration of new domain names containing wording related to coronavirus or COVID-19, and attacks against newly and rapidly deployed remote access and teleworking infrastructure.
In order to strengthen the security posture of a country, investments in threat intelligence solutions are essential. In order to ensure a seamless and secure operation throughout North America, organizations will benefit from the deployment of threat intelligence solutions.