Lucintel Forecasts Threat Intelligence Market to Reach $XX Billion by 2028

According to the recent study the threat intelligence market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing prevalence of cyber-attacks and data breaches, growing adoption of threat intelligence solutions & services, and rising use of cloud-based services & internet-of-things (IoT) devices.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in threat intelligence market by component (solution and services), deployment model (cloud-based and on-premise), application (information security management, log management, risk management, identity & access management, and others), end use industry (BFSI, retail & e-commerce, IT & telecommunication, manufacturing, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Cloud-based market is expected to remain the largest segment during the forecast period.”
Based on deployment model, the threat intelligence market is segmented into cloud-based and on-premise. Lucintel forecasts that the cloud-based market is expected to remain the largest segment 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.
“Within the threat intelligence market, the BFSI segment is expected to remain the largest end use industry”
Based on end use industry the BFSI segment is expected to witness the highest growth over the forecast period due to its sensitive information & data, and the growing adoption of the digital platform makes them vulnerable to cyberattacks.
“North America will dominate the threat intelligence market in near future”
North America will remain the largest region due