Global Intelligent Threat Security Market to Surpass USD 44.06 Billion by 2031 | CAGR of 15.8%
Category : IT And Telecommunications | Published Date : Nov 2024 | Type : Press Release
Intelligent Threat Security Market Scope & Overview:
In the newly published report, Consegic Business Intelligence states that The Intelligent Threat Security Market size was valued at USD 13.60 Billion in 2023 and is projected to reach USD 44.06 Billion by 2031, growing at a CAGR of 15.8% from 2024 to 2031. Intelligent threat security refers to advanced systems utilizing artificial intelligence (AI), machine learning, and data analytics to identify, analyze, and respond to cybersecurity threats in real-time. These solutions offer automated threat detection, predictive analysis, and faster response mechanisms, enhancing traditional cybersecurity frameworks.
The report comprises the Intelligent Threat Security Market Share, Size & Industry Analysis, By Deployment Mode (Cloud-Based, On-Premise), By Solution Type (Intrusion Detection Systems (IDS), Security Information and Event Management (SIEM), Unified Threat Management (UTM), Threat Intelligence Platforms (TIP), Others), By Threat Type (Malware, Phishing, Distributed Denial of Service (DDoS) Attacks, Advanced Persistent Threats (APTs), Insider Threats, Others), By End-User Industry (BFSI, Healthcare, Government & Defense, IT & Telecom, Retail, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024–2031.
The report contains detailed information on Intelligent Threat Security Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
Increasing frequency and sophistication of cyberattacks drive market growth, while high implementation and maintenance costs present a significant challenge.
Segmental Analysis :
By deployment mode, the market is bifurcated into cloud-based and on-premise solutions.
- Cloud-Based solutions held the largest market share in 2023, driven by their scalability, flexibility, and ability to handle real-time threat detection without the need for extensive on-premise infrastructure.
- On-Premise solutions are expected to grow at the fastest CAGR, driven by industries like government and finance that require full control over their security infrastructure and compliance with strict data regulations.
By solution type, the market includes Intrusion Detection Systems (IDS), Security Information and Event Management (SIEM), Unified Threat Management (UTM), Threat Intelligence Platforms (TIP), and others.
- Security Information and Event Management (SIEM) accounted for the largest share of 35.40% in 2023, driven by its essential role in real-time monitoring and threat detection across multiple systems.
- Unified Threat Management (UTM) is projected to register the fastest CAGR, supported by its cost-effectiveness and integrated approach, appealing particularly to small and medium-sized enterprises (SMEs).
By threat type, the market is categorized into malware, phishing, DDoS attacks, advanced persistent threats (APTs), insider threats, and others.
- Malware held the largest share in 2023 due to the widespread prevalence of attacks like ransomware and spyware, necessitating robust detection solutions.
- Advanced Persistent Threats (APTs) are anticipated to grow at the fastest CAGR, driven by the need for advanced detection techniques to combat sophisticated, stealthy attacks targeting critical infrastructure.
By end-user industry, the market is segmented into BFSI, healthcare, government & defense, IT & telecom, retail, and others.
- BFSI accounted for the largest revenue share in 2023, driven by the high value of financial data and stringent regulatory requirements.
- Healthcare is expected to grow at the fastest rate, driven by increasing digitalization and the need to protect sensitive patient data from cyberattacks.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- North America held the largest market share in 2023, supported by advanced technological infrastructure and a high number of cyber threats.
- Asia-Pacific is projected to witness the fastest growth, driven by rapid digital transformation and increasing investments in cybersecurity across China, Japan, and India..
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 44.06 Billion |
| CAGR (2024-2031) | 15.8% |
| By Deployment Mode | Cloud-Based, On-Premise |
| By Solution Type | Intrusion Detection Systems (IDS), Security Information and Event Management (SIEM), Unified Threat Management (UTM), Threat Intelligence Platforms (TIP), Others |
| By Threat Type | Malware, Phishing, Distributed Denial of Service (DDoS) Attacks, Advanced Persistent Threats (APTs), Insider Threats, Others |
| By End-User Industry | BFSI, Healthcare, Government & Defense, IT & Telecom, Retail, Others |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The intelligent threat security market features strong competition, with key players focusing on innovation, R&D, and strategic partnerships.
List of prominent players in the Intelligent Threat Security Industry:
- CrowdStrike (USA)
- Cyble (USA)
- FireEye (Mandiant) (USA)
- IBM (USA)
- Microsoft (USA)
- Check Point Software Technologies (Israel)
- Fortinet (USA)
- Dell Technologies (USA)
- Trend Micro (Japan)
- SentinelOne (USA)
Recent Industry Developments :
- In October 2024, ANY.RUN enhanced its Linux malware analysis sandbox, integrating advanced features for better real-time threat detection and analysis.
- In October 2024, CrowdStrike formed strategic partnerships with CardinalOps, Nagomi Security, and Veriti, aiming to expand the capabilities of its Falcon Threat Intelligence platform.
- In September 2024, Mastercard acquired Recorded Future for $2.65 billion, enhancing global digital defense through advanced AI-driven threat intelligence capabilities.
