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Global Threat Intelligence Market is expected to reach USD 12.41 Billion by 2024 from USD 3.85 Billion in 2016 at a CAGR of 18.2 % (Detailed analysis of the market CAGR is provided in the report).
Global Threat Intelligence Market
The Global Threat Intelligence Market is expected to witness significant growth during the forecast period. The increasing threat of data break, due to insider attacks and increased adoption among SMEs is expected to drive the Global Threat Intelligence Market growth.
Global Threat Intelligence Market based on organization size, the SMEs segment is expected to grow at a high CAGR during the forecast period. This is due to the rising incidences of cyber-attacks on these enterprises as they are small in size but they supply to number of customers globally. The Global Threat Intelligence Market based on vertical is segmented into government, it and telecom, banking, financial services, and insurance (BFSI), healthcare, transportation, retail, energy and utilities, manufacturing, education and others. The BFSI vertical is expected to hold largest shares of the Global Threat Intelligence Market during the forecast period.
Geographically, the Global Threat Intelligence Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to be largest market for threat intelligence during the forecast period. The growth of this region is attributed to the rising trend of IoT and increasing internal and external threats.
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