DALLAS, July 7, 2015 /PRNewswire/ --
According to a new market research report "Threat Intelligence Security Market by Solution (SIEM, Log Management, IAM, SVM, Risk Management, Incident Forensics), Service (Managed, Professional), Deployment, Organization Size, Vertical, Region - Global Forecast to 2020", published by MarketsandMarkets, the Threat Intelligence Security Market is expected to grow from $3,002.7 Million in 2015 to $5,860.5 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period.
Browse 82 market data Tables and 41 Figures spread through 139 Pages and in-depth TOC on "Threat Intelligence Security Market"
Early buyers will receive 10% customization on this report.
The market report segments the global market on the basis of solutions, services, deployment types, organization size, verticals, and regions along with providing an in-depth analysis and the market size estimations. The managed services are further segmented into advanced threat monitoring and security intelligence feeds. Professional services are further segmented by consulting and training and support.
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Threat Intelligence Security Market refers to an organization's ability to analyze and understand information related to all types of cyber-attacks. Due to the rising rate of cyber-crimes, organizations are increasingly spending on their network security that has helped the market grow significantly over the last five to six years.
One of the major factors driving the rapid growth of the Threat Intelligence Security Market is the rising number of sophisticated cyber-attacks. According to a recent study, the number of cyber-attacks increased to 48% during the last five years, which has resulted in an increased spending on security by enterprises. The losses incurred due to these attacks are likely to significantly disrupt the working of enterprises; therefore, organizations are opting for efficient security solutions to protect themselves from such attacks. Enterprises are also looking for solutions that can predict attacks and respond to them in real time. All the above factors have led to the high growth of the Threat Intelligence Security Market.
With enterprises increasingly adopting the Bring Your Own Device (BYOD) culture, their security needs have changed. The enterprise needs to secure the device when it is in the office premises and also when the device is out of the office network. Furthermore, the market is expected to remain competitive with the entry of niche players. These players provide hardware, thereby increasing their market bargain capability among the large vendors. The major vendors in the threat intelligences security market are IBM, Symantec, McAfee, Trend Micro, and Dell SecureWorks.
The report also identifies the drivers, restraints, and opportunities prevalent in the market along with premium insights for the market. The report has also been segmented by region: North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. A detailed analysis of the key industry players has been done to provide insights into their product and services, strategies, and recent developments associated with the Threat Intelligence Security Market.
The report provides 50+ market data tables and an in-depth TOC on the "Threat Intelligence Security Market (2015-2020) Global Advancements, Forecasts & Analysis (2015-2020)." Early buyers will receive 10% customization on reports.
MarketsandMarkets forecasts that the global Threat Intelligence Security Market is expected to grow from $3,002.7 Million in 2015 to $5,860.5 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. In the current scenario, North America is expected to be the largest market on the basis of spending and adoption of the Threat Intelligence Security Market.
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MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
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