Security intelligence provides actionable insight into the organization’s network undergoing potential security threats. Market Research Future (MRFR) offers a detailed analysis of the global security intelligence market for the forecast period 2019 to 2025. According to the findings, this threat intelligence market is projected to strike a decent CAGR in the coming years.
Increasing threats of cyberattacks have led to a rapid increase in demand for security intelligence solutions. This, in turn, is supposed to drive the growth of the market in the foreseeable future. The generation of a huge amount of data requires protection from hackers. It has paved the way for the development of evolving technologies that can provide security and safety along with intelligence on the threat to counter it effectively. This, in turn, is poised to drive the growth of the security intelligence market over the next couple of years. The BYOD trend going on in recent times is also anticipated to impact the security intelligence market favorably. However, the lack of information security professionals is expected to impede market growth in the near future.
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Solution and services are two division of the security intelligence market based on component. The sub-segments of the services segment are managed services and professional services (consulting services and training & support). The sub-segmentation of the solutions segment covers log management, network forensics, security information and event management, and others.
Based on organization size, the security intelligence market has been divided into small & medium enterprises and large enterprises.
The segments of the security intelligence market, on the basis of deployment, are on-cloud and on-premise.
The verticals identified for the segmental analysis of the security intelligence market are BFSI, transportation, IT and telecommunications, manufacturing, government and defense, healthcare, retail, and others.
The geographical evaluation of the global security intelligence market size is covered in this report on both regional and country-level basis. The regions identified for the analysis are – North America, the Middle East and Africa (MEA), Europe, Asia Pacific (APAC), and South America. North America, among these regions, is the leaders of the global market and is poised to exercise its dominance in the coming years. The region is so well equipped with a developed infrastructure that makes the adoption of cutting-edge technologies convenient. This, in turn, is anticipated to lead the augmentation of the cybersecurity intelligence market in the region in the forthcoming years. Asia Pacific holds tremendous potential for growth. It is presumed to register a comparatively higher CAGR over the review period.
BM Corporation (US), Symantec (US), Palo Alto Networks (US), Alienvault (US), Check Point (Israel), Dell Technologies (US), Trend Micro (Japan), LookingGlass Cyber Solutions (US), Kaspersky Lab (Russia), and Intel Corporation (US) are some of the major leaders operating in the global security intelligence market. Logarithm (US), Mcafee (US), Fireeye (US), ANOMALY (US), Exabeam (US), j2 Global, Inc. (US), and Tata Communications (India) are some other players that are projected to contribute to the development of the global market.
These players are investing in the development of innovative technologies to sustain the curve. Regional expansion initiatives are also prognosticated to drive the competitiveness in the market in the years to come. In addition, the expansion of regional footprints is also likely to spur competition among the players over the next couple of years.
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