India Threat Intelligence Market to be Led by Growing Cybersecurity Concerns and Technological Advancements throughout 2029.
Rising escalating cybersecurity challenges and the need
for proactive defense strategies driving the India Threat Intelligence Market in the forecast period 2025-2029.
According to
TechSci Research report, “India Threat Intelligence Market – By Region,
Competition, Forecast and Opportunity, 2019-2029F”, The India
Threat Intelligence Market has witnessed a remarkable surge in recent
years, propelled by the ever-evolving cybersecurity landscape and the
imperative for robust defense mechanisms. With the rapid digitization and
proliferation of advanced technologies across industries, the attack surface
for cyber threats has expanded exponentially, necessitating a comprehensive and
proactive approach to cybersecurity. This shift has given rise to the
heightened demand for threat intelligence solutions that can provide real-time
insights, analyze vulnerabilities, and enable organizations to preemptively
detect and mitigate potential threats.
India's digital
transformation journey has brought forth numerous opportunities, but it has
also introduced new avenues for cybercriminals and threat actors to exploit
vulnerabilities. The resulting risks, including data breaches, ransomware
attacks, and sophisticated cyber espionage campaigns, have emphasized the need
for sophisticated threat intelligence capabilities. Organizations are
increasingly recognizing that traditional reactive security measures are
inadequate in combating the evolving threat landscape. As a result, they are
turning to advanced threat intelligence solutions that offer predictive and
contextual insights, empowering them to stay ahead of cyber adversaries. One
notable driver of the India Threat Intelligence Market is the growing awareness
among stakeholders about the financial, reputational, and operational risks
posed by cyber threats. High-profile cyber incidents and data breaches, both
within India and globally, have underscored the urgency of proactive
cybersecurity measures. This heightened awareness has led to increased
investments in threat intelligence technologies as organizations seek to
enhance their cyber resilience and safeguard sensitive data, reputation, and
operational continuity.
Moreover, regulatory
compliance has emerged as a significant catalyst driving the adoption of threat
intelligence solutions. The evolving landscape of data protection laws,
cybersecurity regulations, and industry-specific mandates has compelled
organizations to prioritize cybersecurity efforts and take measures to protect
sensitive information. Compliance requirements have elevated the role of threat
intelligence in ensuring data security, breach prevention, and incident
response. The convergence of cloud computing, IoT, artificial intelligence, and
other digital initiatives has also created complex ecosystems that require
meticulous threat intelligence. The integration of threat intelligence tools
into security automation and orchestration platforms has allowed organizations
to respond to threats more effectively and rapidly, minimizing the potential
impact of cyber incidents. Collaborative threat sharing initiatives have gained
traction within the Indian cybersecurity landscape. Organizations are realizing
the benefits of sharing threat intelligence information within their industry
sectors or across sectors. This cooperative approach helps create a more
comprehensive threat picture, facilitates proactive defense strategies, and
enhances the overall cybersecurity posture. In conclusion, the India
Threat Intelligence Market is on a rapid ascent driven by a convergence of
factors, including the escalating cybersecurity threats, growing awareness,
regulatory compliance pressures, digital transformation initiatives, and the adoption
of advanced technologies. As organizations continue to grapple with the
evolving threat landscape, the demand for sophisticated threat intelligence
solutions is expected to grow further, fostering a proactive and dynamic
cybersecurity environment across industries in India.
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India
Threat Intelligence Market is segmented based on Component, Deployment Mode,
Format Type, Organization Size, Application, and End User. Based on Type, the
market is segmented into Solutions v/s Services. Based on Deployment Mode, the
market is segmented On-premises v/s Cloud. Based on Format Type, the market is
further bifurcated into Internet-based Solution,
File-based Solution, Mobile-based Solution. Based on Organization Size,
the market is segmented into Large Enterprises v/s SMEs. Based on Application,
the market is segmented into Information Security Management, Log Management,
Risk Management, Identity & Access Management, Others. Based on End User,
the market is segmented into BFSI, IT & Telecom, Retail, Manufacturing,
Healthcare, Others. Based on End user, the "
the government sector dominated the India threat intelligence market in 2023,
with a share of 32.4%. It is expected to maintain its dominance during the
forecast period, with a CAGR of 17.8%. The government sector is increasingly
adopting threat intelligence solutions to protect critical infrastructure and
sensitive data from cyberattacks. The other end-user segments that are expected
to grow at a significant rate during the forecast period are the BFSI sector
(CAGR of 16.7%) and the IT and telecom sector (CAGR of 16.6%). The BFSI sector
is also adopting threat intelligence solutions to protect customer data and
prevent financial fraud. The IT and telecom sector is adopting threat
intelligence solutions to protect their networks and infrastructure from
cyberattacks.
Based on Application, the
security information and event management (SIEM) application segment dominated
the India threat intelligence market in 2023, with a share of 30.5%. It is
expected to maintain its dominance during the forecast period, with a CAGR of
17.9%. The SIEM application segment is the largest application segment for
threat intelligence because it is used to collect, analyze, and correlate
security data from a variety of sources. Some of the factors that are driving
the growth of the India threat intelligence market in the SIEM application
segment increasing number of data breaches and cyberattacks, rising use of new
and sophisticated attack techniques by attackers, growing awareness of the
importance of threat intelligence among security professionals, increasing
adoption of cloud computing by organizations.
Key market players in the India
Threat Intelligence Market include:
- IBM India Private
Limited
- Oracle India
Private, Ltd.
- Trend Micro India Pvt. Ltd.
- Dell Technologies
India
- CISCO System
India Pvt. Ltd.
- Juniper Networks,
Inc.
- Symantec Software
India Pvt. Ltd.
- FireEye
- AT&T
Cybersecurity.
- Webroot Inc.
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The North region dominated
the India threat intelligence market in 2023, with a share of 35.2%. It is
expected to maintain its dominance during the forecast period, with a CAGR of
17.4%. The North region is home to a large number of organizations, including
government agencies, BFSI institutions, and IT companies. These organizations
are increasingly adopting threat intelligence solutions to protect themselves
from cyberattacks. The presence of a thriving IT sector, industrial growth,
government initiatives, and a culture of innovation collectively position the
North region as a leader in adopting threat intelligence solutions to meet the
demands. This region's continued dominance underscores its pivotal role in
shaping India's digital landscape and positioning itself as a leader in
technological advancement and connectivity, fostering continued growth and
innovation,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based Global management consulting firm.
“India Threat
Intelligence Market By Component (Solutions v/s Services), By Deployment Mode
(On-premises v/s Cloud), By Format Type (Internet-based Solution, File-based
Solution, Mobile-based Solution), By Organization Size (Large Enterprises v/s
SMEs), By Application (Information Security Management, Log Management, Risk
Management, Identity & Access Management, Others), By End User (BFSI, IT
& Telecom, Retail, Manufacturing, Healthcare, Others), By Region,
Competition, Forecast & Opportunities, 2029”, has
evaluated the future growth potential of Threat Intelligence and provides
statistics and information on market structure, size, share, and future growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in the India Threat Intelligence Market.
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