Threat Intelligence Market Size

Threat Intelligence Market Size

Threat Intelligence Market size surpassed USD 4 billion in 2018 and is anticipated to grow at a CAGR of over 14% between 2019 and 2025. The growing need among organizations to improve their security framework is fostering the market demand.

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As organizations are rapidly embracing cloud platforms, IoT, and other networking technologies, they are becoming increasingly exposed to various cybersecurity breaches. This is encouraging them to adopt threat intelligence platforms to strengthen their detection, protection, and response capabilities against the rapidly evolving cybercrime landscape.

The increasing number of cyber vulnerabilities is also driving the growth of the threat Intelligence market. The rapid technological advancement has given rise to various forms of cybersecurity vulnerabilities such as phishing, zero-day attack, ransomware, and insider attacks. Due to this, there will be an increase in the number of security vulnerabilities, raising concerns among organizations to update their security infrastructure and to keep up with the changing threat scenario. The use of threat intelligence solutions among enterprises is to gain evidence-based insights regarding the existing or emerging threats to make informed decisions.