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The Threat Intelligence Market in Latin America, Middle East and Africa is expected to register a CAGR of 19.7% during the forecast period (2017-2023). Threat intelligence is a cyber-security related area of expertise, which is used to understand sophisticated cyber threats and their detection, analysis, and predictive remediation. Threat intelligence solutions are used to effectively and reliably detect threats and negate the same considering security events and security intelligence feeds, managing business risks, reducing potential damage, and improving organizations? entire security infrastructure. The factors that have driven the demand for threat intelligence market are the growing incidences of data breaches by insiders, rapid adoption of threat intelligence solutions among SMEs, and widespread adoption of crowd sourced threat intelligence platforms. Ever growing numbers of highly sophisticated threats and need to adhere to government regulations pertaining to data security has contributed to the market expansion. Nevertheless, the cost associated with innovation and budget constraints may limit the market growth.
Based on Types, the market is segmented into Solution and Services. Solutions are further divided into Identity & Access Management, Risk Management, Security Information & Event Management, Log Management, Incident Forensics, and Others. Services include Managed Services and Professional Services. Based on Organizations Size, the market is segmented into Large Enterprises and Small & Middle Enterprises. Based on Deployment Type, the market is segmented into Cloud and On-Premise. Based on Verticals, the market is segmented into BSFI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Transportation & Logistics, and Others. Based on Countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The report covers the analysis of key stake holders of the Threat Intelligence Market. Key companies profiled in the report include Check Point Software Technologies, Dell Technologies Inc., FireEye, Inc., IBM Corporation, Juniper Networks, Inc., Logrhythm, Inc., McAfee LLC, Symantec Corporation, Lookingglass Cyber Solutions, Inc., and Trend Micro, Inc.