As cybersecurity threats and attacks continue to grow and evolve, advanced security solutions are becoming more and more important, with security intelligence leading the way. Security intelligence solutions offer analytics which enables identification, managing, and prioritizing the cyber-threats that pose the maximum risk to the organization. This increases the accuracy and speed of threat information dissemination and offers enterprises the flexibility to implement a threat defense strategy, which enhances security. The increasing sophistication of cyber-attacks, rising need to secure enterprise communications, and growing adoption of BYOD trend across enterprises are the factors driving the growth of global security intelligence market. Lack of qualified information security professionals is hampering market growth. The market seeks opportunities from changing regulations across geopolitical boundaries, which demands compliance requirements. Data security Issue is the major challenge faced by the market. Emerging technologies such as blockchain and artificial intelligence (AI) in cybersecurity is expected to have a significant impact on the security intelligence market.
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Competitive Outlook:
MRFR has considered IBM Corporation (US), Palo Alto Networks (US), Symantec (US), Alienvault (US), Dell Technologies (US), Check Point (Israel), Trend Micro (Japan), Kaspersky Lab (Russia), LookingGlass Cyber Solutions (US), and Intel Corporation (US) as some of the key players in the Global Security Intelligence Market.
Logrhythm (US), Fireeye (US), Mcafee (US), ANOMALI (US), j2 Global, Inc. (US), Exabeam (US), and Tata Communications (India) are some other players operating in the global market of security intelligence.
Segmentation:
The global security Intelligence market has been segmented on the basis of component, organization size, deployment, vertical, and region.
By component, the market has been segmented into solution and services. The solution segment has been further sub-segmented into log management, security information and event management, network forensics, and others. The services segment has been further classified into managed services and professional services. And the professional services have been further classified into consulting services and training and support.
By organization size, the market has been segmented into small and medium enterprises and large enterprises.
By deployment, the market has been segmented into on-cloud and on-premise.
By vertical, the market has been categorized into BFSI, IT and telecommunications, government and defense, manufacturing, healthcare, retail, transportation, and others.
By region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.
Regional Analysis:
The geographic analysis of the global security intelligence market has been conducted for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Spain, Norway, Benelux, and Italy), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Indonesia, and the Philippines), the Middle East and Africa (Saudi Arabia, Israel, Turkey, and South Africa) and South America (Brazil, Peru, Chile, and Argentina).
North America is currently dominating the global security intelligence market. The US is expected to have the largest security intelligence market share in the region followed by Canada as the region has been the early adopter of advanced technologies such as AI, big data analytics, and IoT. Additionally, well-established network infrastructure, developed economy, and availability of skilled experts are driving the growth of security intelligence Market in the US. Furthermore, the region houses the majority of the key players who are focused on research, and the development of security intelligence solutions and services with advanced capabilities is contributing to the growth of the security intelligence market in the region.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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