Global $16.1 Bn Threat Intelligence Market to 2025 – Increasing Demand for Professional and Managed Security Services to Open Lucrative Opportunities>
Globe Newswire – Research And Markets
Dublin, Dec. 31, 2020 (GLOBE NEWSWIRE) — The “Threat Intelligence Market by Application (SIEM, Security Analytics, Security and Vulnerability Management, Risk and Compliance Management, Incident Response), Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering. The Global Threat Intelligence Market Size is Projected to Grow from USD 10.9 Billion in 2020 to USD 16.1 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.2% during the Forecast Period. Major factors driving the growth of the security analytics segment are the increasing demand to discover patterns in cybersecurity attacks across network infrastructure and growing focus on maintaining regulatory compliance across verticals. APAC countries are increasingly investing in threat intelligence projects. The region comprises emerging economies, such as Australia, South Korea, and Rest of APAC. The region is a mix of developing and developed countries with the maximum presence of SMEs. Market Dynamics Drivers Accretion of Digital Technologies and Industrial Systems Convergence of It and Ot Systems Exponential Rise and Sophistication of Cyber Attacks Restraints High Procurement Costs of Threat Intelligence Solutions Technical Complexities and Lack of Interoperability Between Threat Intelligence Solutions Higher Cost Involved in Deploying Threat Intelligence Solutions Opportunities R&D Investments by Governments and Enterprises to Develop Robust Threat Intelligence Solutions for the Protection of Critical Infrastructure Increasing Demand for Professional and Managed Security Services to Open Lucrative Opportunities for Threat Intelligence Services Necessity of Balanced Security Approach Challenges Lack of Collaboration Between Public and Private Sectors Lack of Trained Security Analysts to Analyze Threat Intelligence Systems Management of Voluminous Data Best Practices in Threat Intelligence Defining Scope for Threat Intelligence Program Developing Central Database Monitoring Internal and External Threats Spread Awareness About Security Among Employees and Third Parties Continuous Improvement in Gathering and Applying Threat Intelligence
Link: https://www.globenewswire.com/news-release/2020/12/31/2151953/0/en/Global-16-1-Bn-Threat-Intelligence-Market-to-2025-Increasing-Demand-for-Professional-and-Managed-Security-Services-to-Open-Lucrative-