How big is the Threat Intelligence Security Services Market?

The Threat Intelligence Security Services Market size is expected to reach USD 2.91 billion in 2024 and grow at a CAGR of 12.47% to reach USD 5.23 billion by 2029. Read More

What is the current Threat Intelligence Security Services Market size?

In 2024, the Threat Intelligence Security Services Market size is expected to reach USD 2.91 billion. Read More

Who are the key players in Threat Intelligence Security Services Market?

Juniper Networks, Inc., Dell Inc., Check Point Software Technologies Ltd., FireEye, Inc. and IBM Corporation are the major companies operating in the Threat Intelligence Security Services Market. Read More

Which is the fastest growing region in Threat Intelligence Security Services 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 Security Services Market?

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

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

In 2023, the Threat Intelligence Security Services Market size was estimated at USD 2.55 billion. The report covers the Threat Intelligence Security Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Threat Intelligence Security Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Threat Intelligence Security Services Market Trends

Statistics for the 2023 & 2024 Threat Intelligence Security Services market trends, created by Mordor Intelligence™ Industry Reports. Threat Intelligence Security Services 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 Security Services Industry

Rapidly Increasing Cyber Security Incidents to Drive the Market

Enterprises utilize threat intelligence security tools to identify and combat cyber attack risks, bolstering global market trends. Concurrently, businesses are increasingly turning to network-defining software and malware detection tools to fortify their IT systems.
Furthermore, timely threat intelligence not only averts cyber attacks but also aids in recovering significant financial losses as companies ramp up security checks across all levels, fueling market demand.
As emerging threats target devices and enterprises, the IoT community and software developers are pivoting toward a diverse array of technology solutions to mitigate cyber risks in IoT applications. With a rising number of companies embracing IoT for heightened productivity, cybercriminals are shifting their focus from traditional computers to IoT devices.
Threat intelligence security solutions play a pivotal role in preempting threats and safeguarding environments. Moreover, the global market for these solutions presents lucrative investment prospects, driven by the swift adoption of the BYOD model and the integration of big data analytics into threat intelligence security frameworks.

Threat Intelligence Security Services Market : Estimated Number of IoT Connections, In Billion, By Region, Global, 2022-2030

Understand The Key Trends Shaping This Market

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Asia-Pacific to Witness the Highest Growth

Asia-Pacific is poised to achieve its peak growth during the forecast period. This surge is underpinned by technological advancements, the rise of new economies, heightened security awareness, and the escalating sophistication of threats. Additionally, the region is witnessing a deepening integration into the ongoing IT revolutions and increased investments in technology.
Moreover, the region's growth is bolstered by technological advancements, the emergence of new economies, a growing emphasis on security, and an evolving threat landscape. This growth is further fueled by Asia-Pacific's alignment with the ongoing IT revolutions and its robust investments in technology.
Furthermore, the upsurge in database volumes, anomalies in privileged user accounts and logins, atypical domain name system requests, and unexplained system changes are key drivers of this growth.
As enterprises face heightened risks of cybersecurity breaches, many are turning to threat intelligence services. This shift is particularly pronounced due to the widespread adoption of cloud platforms, IoT, and other networking technologies.