Selbyville, Delaware, April 07, 2020 (GLOBE NEWSWIRE) --
According to latest report “Threat Intelligence Market by Component (Platform [Unified Threat Management, Security Information & Event Management, Identity & Access Management, Incident Forensics, Log Management, Risk & Compliance Management, User and Entity Behavior Analytics], Services), Format Type (Internet-based Solution, File-based Solution, Mobile-based Solution), Deployment Type (On-Premise, Cloud), Application (BFSI, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities, Government), Regional Outlook, Competitive Market Share & Forecast 2025”, by Global Market Insights, Inc., the market valuation of threat intelligence will reach $13 billion by 2025.
The cloud deployment model is expected to register over 20% growth from 2019 to 2025. These models eliminate the need to deploy cumbersome on-premise threat intelligence platforms, thus save huge costs. The cloud deployment model is gaining an immense popularity among SMEs as they can utilize the benefits of such platforms in a cost-effective manner.
The mobile-based solutions segment in the threat intelligence market is predicted to observe more than 18% CAGR during the projected timeline. The growth can be credited to rising cyber-attacks on smartphones to gain access to confidential data.
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The IAM segment in threat intelligence market will grow at over 14% through 2025 owing to rising adoption of technologies like IoT, cloud computing and BYOD. The arrival of digital technologies has prompted enterprises to build data-driven business models, that help make the business more flexible, scalable and agile. These models also make the organizations vulnerable to internal as well as external threats and cyberattacks, coercing major enterprises to implement IAM solutions in order to lower the associated risks with advanced technologies.
The BFSI applications accounted for nearly 30% of the global threat intelligence market share in 2018 and is set to rise exponentially in the coming years. Banking institutions have tremendously benefited from the advent of digital platforms, in turn making it vulnerable to cyberattacks, or exposure of sensitive information and data to intruders or hackers. These institutions require active solutions against these problems in order to identify network sources that are compromised and create a strategy to fight against the already existing and upcoming threats.
The Asia Pacific threat intelligence market is projected to grow at a CAGR of over 16% during the forecast period. In this region, penetration of smartphones and the growing adoption of IoT are triggering the cybercrime. Also, various government initiatives to speed up the digital transformation also increased the frequency and sophistication of online attacks. The countries including China, India, Singapore have introduced several cybersecurity policies and reforms to ensure stronger data protection.
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Table of Contents (ToC) of the report:
Chapter 3. Threat Intelligence Market Insights
3.1. Introduction
3.2. Industry segmentation
3.3. Industry landscape, 2014 - 2025
3.4. Industry ecosystem analysis
3.5. Industry evolution
3.6. Threat lifecycle management architecture
3.7. Categories of threat intelligence
3.8. Regulatory landscape
3.8.1. Cyber Intelligence Sharing and Protection Act, 2011 (U.S.)
3.8.2. The General Data Protection Regulation (GDPR) (EU)
3.8.3. Threat Intelligence-based Ethical Red Teaming (TIBER-EU) Framework
3.8.4. Cybersecurity Law, China
3.8.5. Directive on Security of Network and Information Systems (NIS Directive) (EU)
3.8.6. The National Institute of Standards and Technology (NIST), U.S.
3.8.7. Federal Information Security Management Act (FISMA)
3.8.8. Cyber Security Framework, Saudi Arabian Monetary Authority (SAMA)
3.8.9. Payment Card Industry Data Security Standard (PCI DSS)
3.9. Technology and innovation landscape
3.9.1. Internet of Things (IoT)
3.9.2. AI and machine learning
3.9.3. Hardware authentication technology
3.10. Industry impact forces
3.10.1. Growth drivers
3.10.2. Industry pitfalls & challenges
3.11. Porter’s analysis
3.12. PESTEL analysis
3.13. Growth potential
Browse Complete Table of Contents (ToC) @
https://www.gminsights.com/toc/detail/threat-intelligence-market
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.