Lucintel's latest market report analyzed that threat intelligence provides attractive opportunities in the BFSI, retail & e-commerce, IT & telecommunication, manufacturing, and healthcare sectors. The threat intelligence market is expected to reach $XX billion by 2028 with a CAGR of 6% to 8%. In this market, cloud-based is the largest segment by deployment model, whereas BFSI is largest by end use industry.
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Based on deployment model, the threat intelligence market is segmented into cloud-based and on-premise. The cloud-based segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to because it offers unified platform in the form of SaaS-based security services to secure business applications. Also, cloud-based deployment model is preferred by SMEs.
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The Threat Intelligence Market is marked by the presence of several big and small players. Some of the prominent players offering threat intelligence include IBM Corporation, Dell, CrowdStrike, Anomali, Fortinet, Symantec Corporation, McAfee, Webroot, Juniper Networks, and Farsight Security.
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