Security teams can be more proactive by using threat intelligence to take quick, data-driven action to stop cyberattacks before they happen. Additionally, it helps speed up an organization's ability to identify and stop active attacks. Threat intelligence is produced by security analysts by compiling unfiltered threat and security-related data from various sources, evaluating and correlating the information to find patterns, trends, and connections that offer a comprehensive picture of the risks that are real or could arise.

The threat Intelligence market size was valued at USD 12.32 billion in 2022 and is projected to reach USD 21.17 billion by 2031, with a CAGR of 6.2% during the forecast period 2023–2031.

Access for sample request @ https://straitsresearch.com/report/threat-intelligence-market/request-sample

An average data breach costs its victims USD 4.35 million; the largest percentage of that cost, USD 1.44 million, is attributed to discovery and escalation costs. Threat intelligence can lower detection costs and lessen the effect of successful breaches by giving security teams the knowledge they need to identify assaults sooner.

Threat Intelligence: Keeping Up with the Changing Cyberthreat Environment in 2024

• The process of gathering, examining, and sharing data regarding known and unknown cyberthreats, including malevolent actors, attack routes, susceptibilities, and signs of compromise, is known as threat intelligence. Organizations can lower their risk exposure, strengthen incident response, and strengthen their cybersecurity posture with the use of threat intelligence.
• The need for threat intelligence is being driven by the rise in sophistication and frequency of cyberattacks, including phishing, ransomware, and data breaches. Organizations must stay up to date with evolving threats and predict their opponents' next actions.
• As cloud computing, mobile devices, the Internet of Things (IoT), and edge computing become more widely used, more complex and dispersed IT environments are being created. This calls for the need for more contextual and thorough threat intelligence that can be applied to a variety of platforms and devices.
• Adoption of threat intelligence is increasing as a result of the growing need for data privacy and regulatory compliance, particularly in the healthcare, financial, and governmental sectors. Threat intelligence can assist organizations in meeting the standards and requirements of numerous regulations, including the Payment Card Industry Data Security Standard (PCI DSS), the Health Insurance Portability and Accountability Act (HIPAA), and the General Data Protection Regulation (GDPR).
• Some of the main obstacles that could prevent the threat intelligence market from expanding include the lack of knowledge and expertise among users and organizations, as well as the high cost and complexity of adopting and maintaining threat intelligence systems.
• Some of the possible obstacles that need to be addressed are the ethical and legal concerns surrounding the use of threat intelligence, such as the security of data, privacy, and intellectual property rights, as well as the reliability and quality of threat intelligence sources and reports.
• More intelligent, automated, and actionable threat intelligence procedures and judgments are being made possible by the growing integration of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) into threat intelligence solutions. For instance, NLP can assist in producing naturally occurring and human-readable threat intelligence reports and warnings, while AI and ML can assist in the analysis of massive volumes of threat data and the identification of trends and anomalies.
• One major trend influencing the threat intelligence market is the creation of fresh, cutting-edge threat intelligence products and services that can be tailored to the unique requirements and preferences of various businesses, sectors, and use cases. Examples of these include threat intelligence platforms, threat intelligence feeds, threat intelligence sharing, and threat intelligence as a service.
• The threat intelligence market may see new opportunities and growth as a result of the disruptive and innovative technologies like blockchain, 5G, and quantum computing, which can improve threat intelligence solutions' scalability, security, and speed. Threat intelligence is a quickly developing and growing discipline that provides businesses and users in a variety of fields with enormous advantages and potential.

The top key players in the threat intelligence market include:

1. IBM
2. Cisco
3. Trend Micro
4. McAfee
5. Mimecast
6. VMware
7. ATT
8. Check Point
9. DXC Technology
10. Broadcom
11. CrowdStrike
12. Juniper Networks
13. Fortinet
14. Anomali

Purchase the report @ https://straitsresearch.com/buy-now/threat-intelligence-market

The recent developments in threat intelligence:

• Artificial intelligence (AI)-enabled threat detection: Organizations are increasingly integrating AI into their threat detection systems. They are able to handle massive amounts of data faster and more efficiently as a result, seeing patterns and trends that they might have missed otherwise.
• Predictive analytics: With the use of artificial intelligence, businesses may determine the probability that a threat will materialize into an actual attack. By doing this, organizations may lessen the effect of possible hazards and take proactive steps to mitigate them.
• Cloud security: As more businesses shift their operations and data to the cloud, data security is becoming more and more crucial. Threat intelligence can assist businesses in keeping an eye on the safety of their cloud resources and seeing possible dangers before they have a chance to do any harm.
• Cyber espionage: State-sponsored and hostile parties are increasingly using cyber espionage to steal confidential data from businesses. Organizations using threat intelligence can keep an eye out for and spot possible dangers relating to the theft of confidential data, customer information, and other types of intellectual property.

About Us:

StraitsResearch.com is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights research reports.

Contact Us:

Email: [email protected]