The global intelligent threat security market is projected to reach USD 19.66 billion by 2030, at a CAGR of 7.20% during the forecast period. The increasing number of cyber-attacks and the wide use of the internet are the major factors driving the growth of the market.

The rise in the number of cyber-attacks is a major concern for businesses and governments around the world. In 2021, there were over 625 million cyber-attacks worldwide, resulting in a loss of over USD 1 trillion. The increasing use of the internet and the growing popularity of mobile devices have made it easier for cybercriminals to target businesses and individuals.

Intelligent threat security solutions use artificial intelligence (AI) and machine learning (ML) to detect and prevent cyber-attacks. These solutions can analyze large amounts of data to identify potential threats, even if they are hidden in encrypted or obfuscated form. Intelligent threat security solutions can also be used to respond to cyber-attacks in real time, minimizing the damage caused.

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The global intelligent threat security market is segmented by solution, service, deployment mode, organization size, and region. By solution, the market is segmented into log management, risk management, threat intelligence, and others. The log management segment is expected to hold the largest share of the market during the forecast period. This is due to the increasing adoption of log management solutions by businesses to collect and analyze security logs.

By service, the market is segmented into consulting service, training & support, and managed service. The managed service segment is expected to grow at the highest CAGR during the forecast period. This is due to the growing demand for managed security services from businesses that do not have the resources or expertise to manage their own security infrastructure.

By deployment mode, the market is segmented into on-premises and cloud-based. The cloud-based segment is expected to grow at the highest CAGR during the forecast period. This is due to the increasing adoption of cloud-based solutions by businesses due to their scalability, flexibility, and cost-effectiveness.

By organization size, the market is segmented into small and medium-sized enterprises (SMEs) and large enterprises. The large enterprises segment is expected to hold the largest share of the market during the forecast period. This is due to the larger number of data assets and the higher security requirements of large enterprises.

By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share of the market during the forecast period. This is due to the high adoption of advanced technologies and the presence of a large number of cyber-security vendors in the region.

Here are some additional details about the market:

  • The market is being driven by the increasing number of cyber attacks. The number of cyber attacks has been increasing steadily in recent years, and this trend is expected to continue in the future. This is due to a number of factors, including the increasing use of the internet, the growing popularity of mobile devices, and the increasing sophistication of cyber criminals.
  • The market is also being driven by the growing use of the internet. The internet has become an essential part of our lives, and we are increasingly using it for a variety of activities, including banking, shopping, and socializing. This increased use of the internet makes us more vulnerable to cyber attacks.
  • The market is also being driven by the increasing adoption of cloud computing. Cloud computing is a model for delivering IT services over the internet. It is becoming increasingly popular due to its many benefits, such as scalability, flexibility, and cost-effectiveness. However, cloud computing also makes us more vulnerable to cyber attacks.

The intelligent threat security market is a rapidly growing market, and it is expected to continue to grow in the future. The market is being driven by a number of factors, including the increasing number of cyber attacks, the growing use of the internet, and the increasing adoption of cloud computing.

The intelligent threat security market is highly competitive and is dominated by a few major players. Some of the key players operating in the market include IBM, Cisco, Trend Micro, McAfee, FireEye, VMware, AT&T, Check Point, DXC Technology, Mimecast, Infosys, Verizon, and Secureworks.

The intelligent threat security market is expected to grow at a significant pace during the forecast period due to the increasing number of cyber-attacks and the wide use of the internet. The adoption of intelligent threat security solutions is expected to increase in the coming years as businesses and governments become more aware of the need to protect their data and systems from cyber-attacks.