Cyberattacks have become
more targeted, as hackers are using artificial intelligence to disguise
attacks. In sync with the increased cyberattacks, the ICT spending by
enterprise of different size and scale is also anticipated to increase over the
coming years. Resultantly, the global threat intelligence market is
expected to witness a CAGR of 16.0% during the forecast period (2020-2030).

In an age where every transaction leaves a digital footprint, it has
become increasingly easy for cyber-criminals to reach farthest corners to
launch attacks that risk loss of personal, financial, and medical data amongst
others. This has opened doors for adoption of threat intelligence solutions and
services in every vertical of business.

To
Get Sample Copy of Report Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11691

According to 2018 SANS Institute survey, 81% of enterprises had
integrated cyber threat intelligence capabilities. This quantum leap is
attributable to the ever-changing cyber space that needs evidence-based tools
to mitigate cyberattacks.

The high demand to upgrade from traditional, on-premise security
solutions to cloud-based has thus played a crucial role in combatting the
rising cyber threats.

“Artificial intelligence and machine learning
techniques play an important role when it comes to identifying and safeguarding
data against advanced security threats. Thus, companies are adopting these
technologies to combat cyber threats and to add value to their businesses.”
Says the FMI Analyst.

Key Takeaways of
Threat Intelligence Market Study

• The retail industry is expected to witness a CAGR of 21% high growth
  during the forecast period, whereas, the BFSI segment is expected to dominant
  with a CAGR of 24.8%
• Targeted attacks are the newest and among the most severe threats to IT
  security, driving proactive adoption of threat intelligence solutions
• Among all solutions, user and entity behavior analytics (UEBA) segment
  is expected to witness a notable CAGR of 19.6%

South Asia & Pacific is estimated to grow 1.3x from 2020 to 2021
with rapid digitization across all verticals in countries such as India,
Singapore, Philippines, and Vietnam

For More Details, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-11691

COVID-19 Impact
Analysis on Threat Intelligence Market

Various IT companies has shown significant slowdown in growth due to the
COVID-19 pandemic. Several companies have had to build remote workforce to
ensure business continuity. This has spiked the demand for cyber security
solutions as the risk of targeted cyber-attacks is high due to a remote
workforce.

Prolonged lockdowns and continuing work from home situation is expected
to boost the threat intelligence market globally. Cybercriminals have devised
coronavirus-themed scams, creating an urgent concern amongst IT companies to
offer the best of threat intelligence solutions to their employees working from
home.

The recent pandemic has highlighted the need for organizations to focus
on threat lifecycle right which includes planning and detection,
in-the-moment response, and remediation and recovery. Thus, the growing demand
for holistic cyber safety solutions that offer end-to-end security with
excellent authentication methods is expected give the market a shot in the arm.

Dire Need to Secure
All IoT Connected Devices Spurs Growth of Threat Intelligence Market

The introduction of IoT has connected everything to the internet. The
security landscape is constantly evolving as emerging threats continue to
target enterprise networks and IoT devices. Malware threats against IoT devices
is continuously increasing as consumer adoption of such devices accelerated in
the last few years.

Cyber criminals are targeting IoT devices instead of traditional
computers and smartphone ecosystems, as many manufacturing companies are adopting
IoT devices for better and faster productivity. Unfortunately, security
continues to be an afterthought, exposing various kinds of data to major risks.

Criminals are narrowing their focus on IoT right from ransomware or
point-of-sale malware to specifically targeting connected devices. Threat
intelligence provides comprehensive information on latest malware, zero-day,
botnets, exploits, RATS, phishing and other cyber threats. The information help
organizations to protect their IoT infrastructure from the latest malware,
cybercrime, and other cyber security threats.

More Valuable
Insights on Threat Intelligence Market

FMI’s report on the threat intelligence market is segmented into five
major sections such as solutions (threat intelligence platforms, security
information and event management, log management, security and vulnerability
management, identity and access management, risk and compliance management,
incident forensics, user and entity behavior analytics), service (professional
services (consulting services and training & support) and managed services
(security intelligence feeds and advanced threat management)), deployment mode
(cloud-based and on-premises),  industry (BFSI, government and defense, IT
and telecom, healthcare, retail, manufacturing, education, others) and region
(North America, Latin America, Europe, East Asia, South Asia & Pacific,
Middle East & Africa) to help readers understand and lucrative evaluate
opportunities in the threat intelligence market.