As the cybersecurity landscape has evolved, the Threat Intelligence Platform (TIP) industry has seen notable changes and alterations in recent years. The need for strong threat intelligence solutions has increased as enterprises deal with more complex cyberattacks, propelling the TIP market's expansion. The incorporation of cutting-edge technology, such machine learning and artificial intelligence, into TIP solutions is one popular trend. By improving the platforms' capacity to scan through massive volumes of data and spot patterns, these technologies enable speedier and more precise threat detection. Furthermore, a discernible trend is the increased utilization of cloud-based Threat Intelligence Platforms.
Businesses are realizing more and more the advantages of cloud deployment, such as accessibility, scalability, and flexibility. Cloud-based TIPs make it easier for security teams to collaborate and share information in real-time, regardless of where they are physically located. This improves the teams' overall ability to respond quickly to new threats. This pattern is consistent with the industry's larger shift toward the use of the cloud for a range of cybersecurity solutions. The market for Threat Intelligence Platforms and Security Orchestration, Automation, and Response (SOAR) solutions is likewise converging. By automating tedious operations and coordinating responses based on threat intelligence findings, this integration expedites incident response procedures.
Cybersecurity teams are able to respond to situations more efficiently and quickly reduce possible risks because to the synergy between TIP and SOAR. In addition, there's an increasing market emphasis on dashboards that are easy to use and have user-friendly interfaces. Vendors are investing in developing interfaces that give actionable insights in an intelligible way, as demand for threat intelligence rises beyond specialized security specialists to executives and decision-makers. The goal of this user-centric approach is to close the gap that exists between technical threat data and organizational strategy decision-making. The growing collaboration and information exchange throughout enterprises is another noteworthy development. Vendors are creating forums where security experts may exchange ideas and signs of compromise, as collective threat information is most effective. Through proactive defense against shared threats and the exchange of knowledge, this collaborative approach strengthens the cybersecurity ecosystem's overall resilience.
Furthermore, the landscape of the TIP industry is being shaped by compliance regulations. The need for organizations to comply with several rules and standards is growing, which makes the adoption of strong threat intelligence procedures imperative. TIP systems with capabilities designed for compliance reporting and auditing are becoming more popular in the market since they support an organization's overall security posture while assisting it in meeting regulatory obligations. Finally, the significance of Threat Intelligence Platforms for supply chain security is being more widely recognized. Organizations are realizing the necessity to expand their threat intelligence activities outside of their local surroundings as long as cyber threats persist in targeting partners and third-party suppliers. TIPs are essential for gathering and evaluating threat information about the larger ecosystem, which enables enterprises to proactively resolve vulnerabilities.
The global threat intelligence platform market is expected to register a CAGR of 15.70% during the forecast period to reach USD 14.6 billion by 2030. Threat intelligence is software that can collect, analyse and evaluate data. Protecting the organization from potential threats is the task of this platform. Proper and effective threat prevention tasks are available through this software. Threat intelligence is essential in finance, It, healthcare another crucial market. It is a smart technology that can detect potential risks in advance. Security analytics and protection from cyber security attacks are applications of the threat intelligence platform market.
Today, organizations require security solutions to safeguard their data and information to safeguard. Robust threat prevention software is essential. Cyber attacks’ are advancing in many regions. Hackers are becoming advanced with hacking tools. There are loopholes and dangerous threats that can damage the operations of any organisation. Attacks are going to be prevalent in upcoming years. However, attack prevention is a smart move that can protects enterprises from monetary losses.
The uniqueness of cyber attacks is rising. In many enterprises, there are security solutions that can remain safe from these attacks. The threat intelligence can detect unique and advanced threats that can attack the enterprise. Human error and glitch is a crucial reason for cyber attacks in organisations. However, with threat analytics damages due to cyber-attacks are preventable. As per the threat intelligence Platform Business forecast, these factors will improve value.
COVID Analysis
Covid 19 pandemic is affecting every market and industry. Most of the markets are operating in work from home settings. There is a lack of security solutions in remote working. It creates opportunities for cybercriminals to steal and attack any organisation. Data breaches in IT, healthcare, government and other industries can lead to high revenue losses.
The major reason for cuber attacks’ is for monetary gain. The health industry is more prone to such attacks in this period. Due to this, the adoption rate is surging for the threat intelligence platform market from this user end. There are more developments in the market during this period. Awareness about threat intelligence is rising in recent years. All these will provide exceptional growth possibilities post covid 19.
Market Dynamics
The sophistication of cyber attacks is a crucial driver of the threat intelligence platform market. Today, many office systems are prone to sophisticate cyber attacks. In many regions, the security layer is inefficient. Phishing, Data leaks, cybercrime and threats easily damage day to day operations of any business. Many industries such as finance, corporate offices and health industries carry plenty of market operations and transactions. Also, there is a massive amount of sensitive data that is under serious threat. All these causes’ unique cyber issues in enterprises. However, it is creating an advantageous scenario for the growth of threat intelligence platforms.
In recent times, unique cyber-attacks are rapidly growing. Initiating preventive steps is crucial to protect the organization from revenue losses. Due to this, the adoption of threat intelligence is carried out in the early stage. There are both services and software Threat Intelligence Platform Market Segments.
Large enterprises prefer the software. However, merging companies have higher adoption of threat intelligence services. Therefore, threat intelligent analyses are performed beforehand. These testing processes can reveal potential loopholes in the security system of the enterprise. With security analytics, the platforms suggest steps to prevent these issues in future. All these applications will create a high Threat Intelligence Platform Market Profit.
The rising demand for managed threat intelligent services will create exceptional market growth opportunities. Both medium and large enterprises deal with different types of cyber attacks. The large operations require custom threat intelligence. However, the medium size enterprise requires regular service. The intensity and uniqueness of cyber attacks in large enterprises lead to tailored services. SME have less awareness about cyber attacks’. They are poor at handling these issues. Large scale organisations deal with massive data. However, the threats are lower due to exceptional security solutions. This will raise the need for managed threat services in medium-sized enterprises. Self-aware programs are rising in this region.
The growth of self-awareness and advanced threat managed services will lead to high growth. The industrial ecosystem has a high requirement for these threat platforms. The rising equipment of SMEs will create new developments in the threat intelligence platform market. The expansion rate is higher due to these opportunities. Also, revenue rates and the deployment rate of the threat intelligence platform market is rising due to these factors.
There is less awareness about the cyber threat in many regions. Many enterprises do not take cyber threats seriously. Most of the time these cyber threats are noticed after massive damage. Technical complexities in the market are another restraining factor of the threat intelligence platform market. Integration of threat intelligence is difficult in many enterprises.
Lack of poor infrastructure and solutions affect the integration. These market restraints can affect the overall growth in the forecast period. The adoption of the product is less. Penetration of the software will reduce in emerging markets. All these can create an unfavourable market scenario in the forecast period.
The lack of collaboration is a challenging factor in the threat intelligence platform market. The prevalence of cybercrimes is leading to various prevention methods. New rules and security standards protect enterprises from these threats. The government imposes these regulations on businesses.
However, poor collaboration with the private and public sectors is a challenging factor of the market. These incompatibility issues can lead to plenty of challenges in the market. Both the large and small industries have less adoption rate due to these market inconsistencies. The threat intelligence will have various compliance and security standards. However, without governmental support restrictions in the threat intelligence platform market will increase.
Cumulative Growth Analysis
The Threat Intelligence Platform Market Trends is steady in the forecast period. There are plenty of growth factors in the market. The uniqueness of cyber attacks is positively impacting the market. Demand from the merging nation is another driver of the threat intelligence platform market. However, less awareness about the technology is a retraining factor.
Also, lack of collaboration between government and public agencies is leading to less growth. Still, there are plenty of growth opportunities in the market that will continue to impact the market positively. The security analytics segment of the market will gain more traction in developing regions. All these factors will continue to provide more development possibilities.
Value Chain Analysis
The threat intelligence market is dominated by the Asia Pacific region. Threat intelligence projects have higher Threat Intelligence Platform Market Shares. Rising investments for risk prevention technologies is high in this region. Developing countries such as China, India and Japan have a wider penetration of the technology.
Security analytics is crucial in the IT, telecom and health industry. Cyber-attacks are affecting the revenue of many companies. As per an international journal, there are new cases of cyber attacks and their intensity is growing. Due to this revenue rates for the threat intelligence platform is high in this region.
Segment Overview
By Applications
By Deployment Type
By Organisation Size
By Vertical
By Region
Competitive Landscape
The competition in the threat intelligence market is rising. There are plenty of new developments in the market. Security analytics will see the new range of upgrades. There are expansion, acquisitions and expansions in the market. All these factors will broaden the demand for the market.
Regional Analysis
The threat intelligence platform is fragmented into Asia Pacific, Europe and North America. The Asia Pacific is a key regional player with a high number of shares. The rising security requirements are leading to more need for threat intelligence support. The adoption of security software is high in this region. Presence of Threat Intelligence Platform Market Players is high.
North America is the next largest market with the highest demand. The expansion of the market is high among large scale enterprises. Also, investments by Canada and North America are rising in this region. Furthermore, Europe will hold a large number of shares from SME. All these players will contribute the highest demand for Security and Vulnerability management Global Threat Intelligence Platform Market.
The key players of the threat intelligence platform market are
Recent Developments
May 2024
AI-based cybersecurity leader Cyble is announcing Cyble Vision X, the successor to its award-winning Cyble Vision 2.0 threat intelligence platform, to improve user experience by giving decision-makers fast access to vital information.
Cyble Vision X will debut at the RSA Conference in San Francisco on Monday, May 6, after a year of platform optimization. The complete version integrates artificial intelligence (AI) into every step of the customer experience and includes the redesigned "Executive Insights" dashboard, which highlights the most important data in one simple interface.
An improved filter makes data navigation easy, and a sleeker, more modern, and intuitive design optimizes user experience.
"As cyber threats continue to grow in complexity, organizations must have a clear grasp of their threat exposure, risk profile, and digital footprint to implement corrective actions and secure their attack surface effectively," Beenu Arora, CEO of Cyble. "Cyble Vision X represents our steadfast commitment to innovation and security while offering our users an experience that is truly unparalleled."
Cyble Vision X has further upgrades like:
The former "Executive Insights" interface has been renamed "Alerts Insights" to reflect more detailed data analysis.
Updated header and foldable left pane for a cleaner, more efficient workplace.
An API-compatible login screen with visual improvements.
Cyble Vision X users may expect a smooth, staged transition from Cyble Vision 2.0. Cyble will move all data to the new platform and maintain service.
"The launch of Cyble Vision X will mark a significant achievement in our mission to provide state-of-the-art cyber threat intelligence that enables businesses of all sizes to anticipate and respond to the constantly changing threat environment," Manish Chachada, CEO of Cyble.
Incident response, security operations, vulnerability management, threat analysis, and third-party risk will remain in Cyble Vision X. In addition to indexing 15 billion dark web data yearly, the platform monitors 20 billion sites everyday and tracks over 5,000 threat actors 24/7. Cyble Vision X, like its predecessor, covers pre-, during-, and post-breach.
Report Overview
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