Threat Intelligence Market Worth $12.6 Billion By 2025 | CAGR: 17.4% | Global and Regional Forecast | Grand View Research, Inc.
The global threat intelligence market size is anticipated to reach USD 12.6 billion by 2025, at a registering a CAGR of 17.4% over the forecast period, according to a new report by Grand View Research, Inc. The growing demand for threat intelligence is increasing owing to rise in cyber-crime, threat breaches and growing numbers of sophisticated attacks in leading security conscious sectors. Moreover, the breaches in most of the organizations have a financial or espionage motive which results in disruption of business and has become a major concern for them which is expected to contribute to demand of threat intelligence solutions and services immensely.
Threat intelligence incident forensics is
expected to gain traction over the forecast period. The application of incident
forensics initiates actionable security during breach through predictive and
reactive analysis. Further, its application investigates the root causes of the
breach and contains the damage of an attack. An organization lacking to
incorporate advanced intelligence system might pose as a key determinant that
significantly affects the mass adoption of incident forensics solution.
Organizations are preferring the use of
cloud security as the cost incurred in the implementation of the on-premise
solutions is high. The cloud-based security adoption is expected to increase in
the near future owing to the growing adoption of cloud storage systems. The
cloud-based deployment stops the unwanted traffic before it enters the network.
Furthermore, it eliminates the requirement of on-premise equipment, which is
expected to increase the demand for the product over the forecast period.
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https://www.grandviewresearch.com/industry-analysis/threat-intelligence-market
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