Security Intelligence Market Is Expected To Reach USD 18.25 Billion By 2027 At A CAGR Of 8.2 percent.
Maximize Market Research has published a report on the Global Security Intelligence Market that provides a detailed analysis for the forecast period of 2021 to 2027.
Security Intelligence Market Scope:
The report provides comprehensive market insights for industry stakeholders, including an explanation of complicated market data in simple language, the industry’s history and present situation, as well as expected market size and trends. The research investigates all industry categories, with an emphasis on key companies such as market leaders, followers, and new entrants. The paper includes a full PESTLE analysis for each country. A thorough picture of the competitive landscape of major competitors in the Security Intelligence market by goods and services, revenue, financial situation, portfolio, growth plans, and geographical presence makes the study an investor’s guide.
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Security Intelligence Market Overview:
Security intelligence is described as information that a company uses to comprehend the threats that are currently or in the future aimed at it. Information concerning possible or ongoing attacks that pose a threat to an organization is organized, examined, and enhanced in this field, which is also known as cyber threat intelligence. It aids businesses in comprehending the danger posed by the most frequent and serious external threats, such as exploits, zero-day threats, and advanced persistent attacks. It contains in-depth information about particular dangers to assist an organization in defending itself against the kinds of attacks that cause the most harm.
It is a subset of security intelligence that entails both the procedures, guidelines, and instruments created to collect and process the information necessary to safeguard an organization from both internal and external threats.
Security Intelligence Market Dynamics:
The evolving technology landscape causes a global revolution in a number of industry verticals. As a result, industrial systems and digital technologies have combined to form a unified ecosystem. Technologies like M2M communication and IIoT have significant prospects as a result. Industries require secure control systems, especially for equipment used in harsh environments like mines or undersea oil wells. Failure of this equipment to work in these circumstances could have severe effects, endangering the lives of numerous people living nearby and causing significant operational financial losses. The usage of digital technology has expanded further as a result of responses to COVID-19.
For a nation to preserve its overall economic stability and improve its security posture, investments in threat intelligence systems are crucial. For efficient and safe operations, the use of threat intelligence systems necessitates company-wide coverage, which raises infrastructure expenses. Security intelligence systems turn out to be an expensive investment for some operators. Strong multi-factor authentication is required by the current threat intelligence requirements to guarantee that only authorized personnel have physical and logical access to key assets. Due to the high cost of threat intelligence solutions and the scarcity of resources, operators favour multi-threat solutions.
In order to introduce cutting-edge solutions for threat intelligence, governments, and commercial companies are investing in R&D. The Critical Infrastructure Security and Resilience (CISR) R&D plan calls for enhancing the security of critical infrastructure owned and operated by communities, as well as by public and private organizations, as well as by foreign partners. The CISR R&D encourages the deployment of action plans for crucial infrastructure upgrades to increase a nation’s resilience at the local, regional, and national levels.
To safeguard critical infrastructures against threats and breaches, the European Reference Network for Critical Infrastructure Protection (ERNCIP) and the Joint Research Centre (JRC) have created tools, approaches, and academic publications. Investments in R&D are essential to protecting nations’ vital infrastructure from cyber-attacks. Governments in the US, Europe, and Australia have started public-private partnerships to improve the current research network for maintaining the resilience and security of the critical infrastructure. These partnerships focus on information sharing among governments, private organizations, and owners and operators of critical infrastructure.
Security Intelligence Market Regional Insights:
There are no regional markets for threat intelligence. The Security Intelligence Market is made up of numerous geographical marketplaces. North America, the Asia-Pacific area, and Europe are the sector’s three primary regional markets. The other regional markets are categorized as “Rest of the World.” The North American region currently holds a commanding position. Furthermore, during the expected time, the same region continues to rule. Additionally, this trend is being driven by the top threat intelligence market companies in the area. However, during the forecast period, the Asia Pacific area would have the highest CAGR.
Security Intelligence Market Segmentation:
By Deployment Model:
- On-premises
- Cloud-based
By End Users:
- Government and defense
- BFSI
- IT and telecom
- Healthcare
- Retail
- Transportation
- Energy and utilities
- Manufacturing
- Education
- Others
Security Intelligence Market Key Competitors:
- Symantec Corporation
- International Business Machines Corporation
- FireEye, Inc.
- Check Point Software Technologies Ltd
- Trend Micro Inc
- Dell Technologies
- AT&T Cybersecurity
- Webroot Inc
- Digital Shadows Ltd.
- Optiv Security, Inc
- ThreatConnect
- CrowdStrike, Inc
- McAfee, LLC
- LogRhythm, Inc
- Kaspersky Lab.
- SecureWorks
- AlienVault
- Cisco
- VMware
- DXC Technology
- Mimecast
- Infosys
- Verizon
- Proofpoint
- CrowdStrike
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