India Threat Intelligence Market By Size, Share, and Forecast 2029

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	US 4.24 billion
CAGR (2024-2029)	18.2%
Fastest Growing Segment	BFSI
Largest Market	North Region

Market Overview

The India Threat Intelligence Market has reached a valuation of USD 4.24 Billion in 2023 and is projected to exhibit robust growth throughout the forecast period, with an anticipated Compound Annual Growth Rate (CAGR) of 18.2% until 2029. This market's substantial growth is attributed to the escalating cybersecurity challenges across diverse sectors in India. The increasing prevalence of sophisticated cyberattacks, coupled with ongoing digital transformation initiatives, has generated a significant demand for advanced threat intelligence solutions. As regulatory compliance becomes more stringent, organizations are actively seeking comprehensive tools for threat intelligence to ensure data protection and cybersecurity adherence. Notable cyber incidents have heightened awareness regarding the urgency of proactive cybersecurity measures, prompting investments in cutting-edge threat intelligence technologies. Government bodies and critical infrastructure establishments are also recognizing the need to counter nation-state cyber threats, further boosting the adoption of advanced threat intelligence solutions. This market growth aligns with the expanding allocations in cybersecurity budgets across both the public and private sectors in India. Moreover, collaborative threat sharing initiatives and the integration of threat intelligence into automated security frameworks are fostering a dynamic and proactive cybersecurity landscape. As the threat landscape continues to evolve, the India threat intelligence market is well-positioned for ongoing expansion, catering to the escalating cybersecurity requirements of a digitalized economy.

Key Market Drivers

- Increasing Cybersecurity Threats: The surge in cybersecurity threats stands as a pivotal driver propelling the growth of the India threat intelligence market. The relentless proliferation of cyberattacks targeting various sectors has elevated the urgency for robust cybersecurity measures. As organizations across industries embrace digitalization, cloud computing, and IoT technologies, their attack surfaces expand, rendering them vulnerable to an array of cyber threats. This vulnerability necessitates advanced threat intelligence solutions that can proactively identify, analyze, and mitigate potential threats. The evolving threat landscape is marked by the increasing sophistication of cybercriminals, including nation-state actors and organized cybercrime groups. Their ability to exploit vulnerabilities and evade traditional security measures has underscored the indispensability of threat intelligence. Organizations now recognize that reactive approaches to cybersecurity are inadequate. Instead, a proactive stance that leverages real-time threat intelligence insights is imperative to thwart emerging threats effectively. Furthermore, the escalating number of high-profile data breaches and cyber incidents has prompted a heightened awareness among stakeholders about the financial, reputational, and operational risks posed by cyber threats. Consequently, organizations are allocating larger portions of their budgets to cybersecurity initiatives, with a significant portion directed towards threat intelligence solutions. Regulatory pressures, such as data protection laws and industry-specific guidelines, reinforce the need for comprehensive threat intelligence to ensure compliance and safeguard sensitive information. The increasing cybersecurity threats in India have galvanized organizations to recognize the critical importance of threat intelligence. This realization has spurred investments in cutting-edge solutions capable of providing actionable insights, thereby enabling organizations to stay ahead of cyber adversaries. The India threat intelligence market is poised to expand as businesses actively seek to fortify their defenses against the evolving cyber threat landscape.

Increasing Digital Transformation: The advancement of digital transformation is a key catalyst propelling the expansion of the threat intelligence market in India. As enterprises and institutions embrace the paradigm of digitalization, they are incorporating progressive technologies like IoT, artificial intelligence, cloud computing, and mobile applications to augment operational efficiency, customer engagement, and overall agility. Nonetheless, this rapid assimilation of digital tools concurrently amplifies the potential avenues of cyber threats, intensifying the necessity for robust cybersecurity measures. The interconnected nature of digital systems and the copious volume of data generated introduce fresh avenues for malicious actors to exploit vulnerabilities. This shift in dynamics underscores the importance of a proactive cybersecurity stance, in which threat intelligence assumes a pivotal role. Organizations now realize that traditional reactive security approaches fall short in combating evolving threats. Instead, they are seeking sophisticated threat intelligence solutions capable of constant surveillance and comprehensive analysis of potential threats across the expansive digital landscape. Moreover, the convergence of diverse digital technologies often engenders intricate ecosystems involving external vendors, partners, and interconnected platforms. This intricacy introduces supplementary security complexities and susceptibilities that organizations must effectively manage. Herein, threat intelligence emerges as a potent tool, furnishing invaluable insights into latent risks within these intricate digital networks. This empowers organizations to proactively pinpoint and mitigate vulnerabilities before they are manipulated by malicious entities. In step with the burgeoning trajectory of digital transformation endeavors, the requisition for threat intelligence solutions offering real-time visibility into cyber threats, susceptibilities, and plausible attack vectors is markedly escalating. Organizations comprehend that safeguarding digital asset and ensuring operational continuity hinges on maintaining a step ahead of cyber adversaries. Consequently, the India threat intelligence market is witnessing a surge as entities prioritize the assimilation of threat intelligence into their digital transformation roadmaps to foster secure and resilient digital ecosystems.

Rising Awareness: The growing recognition of cybersecurity risks is a pivotal driver propelling the expansion of the India threat intelligence market. As awareness about the magnitude of cyber threats amplifies among businesses and institutions, there is a heightened understanding of the imperative for proactive cybersecurity measures. Prominent incidents of cyberattacks and data breaches have underscored the significance of preemptive strategies to counter evolving threats. This augmented awareness has triggered a shift from reactive to proactive cybersecurity approaches. Organizations now comprehend that investing in advanced threat intelligence solutions is paramount to fortify their defenses. This includes the ability to detect, analyze, and mitigate potential threats in real time. This surge in awareness has led to increased investments in threat intelligence technologies, as enterprises seek to enhance their cyber resilience and safeguard their sensitive data, reputation, and operational continuity. In conclusion, the rising awareness of cybersecurity's critical role is fueling the growth of the India threat intelligence market as organizations prioritize proactive measures to stay ahead in an increasingly sophisticated threat landscape.

Growing Regulatory Compliance: Regulatory compliance has emerged as a significant driving force behind the expansion of the India threat intelligence market. The evolving landscape of data protection laws, cybersecurity regulations, and industry-specific mandates has compelled organizations to adopt stringent measures to safeguard sensitive information. The imperative to adhere to these regulations has heightened the demand for advanced threat intelligence solutions. Organizations across sectors recognize that meeting regulatory requirements entails not only protecting customer data but also fortifying their overall cybersecurity posture. Threat intelligence plays a crucial role in this endeavor by providing real-time insights into potential threats, vulnerabilities, and attack vectors. By staying ahead of emerging threats, businesses can ensure compliance while also mitigating the risk of data breaches and other cyber incidents. Furthermore, regulatory authorities increasingly expect organizations to demonstrate their proactive cybersecurity efforts. Incorporating robust threat intelligence mechanisms not only aids in compliance reporting but also showcases a commitment to cybersecurity best practices. This has prompted organizations to invest in comprehensive threat intelligence solutions that offer continuous monitoring, rapid threat detection, and actionable insights. In conclusion, the need to meet regulatory compliance standards has spurred the adoption of advanced threat intelligence solutions in India. As organizations strive to safeguard sensitive data and demonstrate adherence to cybersecurity regulations, the demand for these solutions is expected to continue growing, contributing to the expansion of the India threat intelligence market.

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Key Market Challenges

Lack of Awareness: The challenge of insufficient awareness poses a hurdle to the growth of the India threat intelligence market. Despite the increasing recognition of cybersecurity's significance, a considerable number of Indian organizations still lack a comprehensive understanding of the crucial role that threat intelligence plays in safeguarding their digital assets. Convincing these entities about the value proposition of threat intelligence solutions becomes intricate as they may underestimate the potential risks posed by evolving cyber threats. Overcoming this challenge necessitates concerted efforts to educate businesses about the ever-changing threat landscape and the benefits of proactive threat intelligence measures. Initiatives that emphasize the tangible advantages of threat intelligence in terms of early threat detection, rapid response, and minimizing potential damages are vital to bridging the awareness gap. Additionally, showcasing real-world examples and the repercussions of cyber incidents can help organizations appreciate the urgency of adopting robust threat intelligence strategies.

Integration Complexities: Integration complexities pose a significant challenge to the progression of the India threat intelligence market. The intricate nature of incorporating threat intelligence tools into existing cybersecurity infrastructures can result in operational difficulties and potential disruptions. The diverse range of technologies, systems, and platforms used by organizations requires seamless compatibility for optimal functionality. This challenge is further exacerbated by the need to ensure that the integration process does not compromise the overall security posture. Overcoming integration complexities necessitates careful planning, collaboration with experienced vendors, and rigorous testing to identify and rectify compatibility issues. Organizations often have to allocate additional resources and time to ensure a smooth integration process. Moreover, the challenge extends beyond technical aspects to include training employees and adapting processes to incorporate the new threat intelligence capabilities effectively. Addressing these complexities will be pivotal in fostering a more streamlined adoption of threat intelligence solutions in the Indian market.

Key Market Trends

Expansion of Automation and AI Integration: The growing integration of automation and artificial intelligence (AI) is a driving force behind the evolving trends within the India Threat Intelligence Market. As organizations increasingly recognize the need for swift and effective threat detection and response, the expansion of automation and AI solutions gains prominence. These technologies empower threat intelligence systems to analyze data rapidly, identify patterns, and react to threats in real-time, bolstering the efficacy of cybersecurity efforts. This trend underscores the market's shift towards more sophisticated and proactive approaches, aligning with the complex nature of modern cyber threats. The expansion of automation and AI integration not only enhances threat detection capabilities but also offers a competitive edge by allowing organizations to respond promptly to emerging risks and vulnerabilities.

Cloud-based Threat Intelligence: Cloud-based threat intelligence is a prominent catalyst shaping the trends within the India Threat Intelligence Market. As organizations increasingly embrace cloud services, the demand for adaptable and scalable threat intelligence solutions has surged. Cloud-based offerings provide the distinct advantage of monitoring threats across a spectrum of cloud environments, catering to the evolving needs of businesses. This trend underscores the market's transition towards more agile and flexible cybersecurity solutions, aligning with the dynamic nature of contemporary cyber threats. Cloud-based threat intelligence not only enhances real-time threat monitoring but also facilitates seamless integration with existing cloud infrastructure, enabling organizations to fortify their defenses against the evolving threat landscape while embracing the benefits of cloud technology.

Segmental Insights

End User Insights: 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.

Application Insights: 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.

Regional Insights: 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.

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Recent Developments

In April 2023, Technisanct to launch Falconfeedsio a threat intelligence platform for cyber security professionals and enthusiasts. Technisanct, a leading cybersecurity firm, has announced the launch of its groundbreaking cyber threat intelligence platform, Falconfeedsio.

Key Market Players

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.

By Application

By Organization Size

By Format Type

By End User

By Deployment Mode

By Component

By Region

• Information Security Management

• Log Management

• Risk Management

• Identity & Access Management

• Others

• Large Enterprises

• Small & Medium-Sized Enterprises

• Internet-based Solution

• File-based Solution

• Mobile-based Solution

• BFSI

• IT & Telecom

• Retail

• Manufacturing

• Healthcare

• Others

• On-premises

• Cloud

• Solution

• Services

• East

• West

• North

• South

Report Scope:

In this report, the India Threat Intelligence Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

· India Threat Intelligence Market, By Application:

o Information Security Management

o Log Management

o Risk Management

o Identity & Access Management

o Others

· India Threat Intelligence Market, By Organization Size:

o Large Enterprises

o Small & Medium-Sized Enterprises

· India Threat Intelligence Market, By Format Type:

o Internet-based Solution

o File-based Solution

o Mobile-based Solution

· India Threat Intelligence Market, By End User:

o BFSI

o IT & Telecom

o Retail

o Manufacturing

o Healthcare

o Others

· India Threat Intelligence Market, By Deployment Mode:

o On-premises

o Cloud

· India Threat Intelligence Market, By Component:

o Solution

o Services Mobile-based Solution

· India Threat Intelligence Market, By Region:

o East

o West

o North

o South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Threat Intelligence Market.

Available Customizations:

India Threat Intelligence Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

India Threat Intelligence Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

4. Impact of COVID-19 on India Threat Intelligence Market

5. Voice of Customer

6. India Threat Intelligence Market Overview

7. India Threat Intelligence Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Component (Solutions, Services)

7.2.2. By Deployment Mode (On-premises, Cloud)

7.2.3. By Format Type (Internet-based Solution, File-based Solution, Mobile-based Solution)

7.2.4. By Organization Size (Large Enterprises, SMEs)

7.2.5. By Application (Information Security Management, Log Management, Risk Management, Identity & Access Management, Others)

7.2.6. By End User (BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Others)

7.2.7. By Region

7.3. By Company (2023)

7.4. Market Map

8. East India Threat Intelligence Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Component

8.2.2. By Deployment Mode

8.2.3. By Format Type

8.2.4. By Organization Size

8.2.5. By Application

8.2.6. By End User

9. West India Threat Intelligence Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Component

9.2.2. By Deployment Mode

9.2.3. By Format Type

9.2.4. By Organization Size

9.2.5. By Application

9.2.6. By End User

10. North India Threat Intelligence Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Deployment Mode

10.2.3. By Format Type

10.2.4. By Organization Size

10.2.5. By Application

10.2.6. By End User

11. South India Threat Intelligence Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Component

11.2.2. By Deployment Mode

11.2.3. By Format Type

11.2.4. By Organization Size

11.2.5. By Application

11.2.6. By End User

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends and Developments

14. Policy and Regulatory Landscape

15. India Economic Profile

16. Company Profiles

16.1. IBM India Private Limited

16.1.1. Business Overview

16.1.2. Key Financials & Revenue (If Available)

16.1.3. Key Contact Person

16.1.4. Headquarters Address

16.1.5. Key Product/Service Offered

16.2. Oracle India Private, Ltd.

16.2.1. Business Overview

16.2.2. Key Financials & Revenue (If Available)

16.2.3. Key Contact Person

16.2.4. Headquarters Address

16.2.5. Key Product/Service Offered

16.3. Trend Micro India Pvt. Ltd.

16.3.1. Business Overview

16.3.2. Key Financials & Revenue (If Available)

16.3.3. Key Contact Person

16.3.4. Headquarters Address

16.3.5. Key Product/Service Offered

16.4. Dell Technologies India

16.4.1. Business Overview

16.4.2. Key Financials & Revenue (If Available)

16.4.3. Key Contact Person

16.4.4. Headquarters Address

16.4.5. Key Product/Service Offered

16.5. CISCO System India Pvt. Ltd.

16.5.1. Business Overview

16.5.2. Key Financials & Revenue (If Available)

16.5.3. Key Contact Person

16.5.4. Headquarters Address

16.5.5. Key Product/Service Offered

16.6. Juniper Networks, Inc.

16.6.1. Business Overview

16.6.2. Key Financials & Revenue (If Available)

16.6.3. Key Contact Person

16.6.4. Headquarters Address

16.6.5. Key Product/Service Offered

16.7. Symantec Software India Pvt. Ltd.

16.7.1. Business Overview

16.7.2. Key Financials & Revenue (If Available)

16.7.3. Key Contact Person

16.7.4. Headquarters Address

16.7.5. Key Product/Service Offered

16.8. FireEye

16.8.1. Business Overview

16.8.2. Key Financials & Revenue (If Available)

16.8.3. Key Contact Person

16.8.4. Headquarters Address

16.8.5. Key Product/Service Offered

16.9. AT&T Cybersecurity.

16.9.1. Business Overview

16.9.2. Key Financials & Revenue (If Available)

16.9.3. Key Contact Person

16.9.4. Headquarters Address

16.9.5. Key Product/Service Offered

16.10.Webroot Inc.

16.10.1. Business Overview

16.10.2. Key Financials & Revenue (If Available)

16.10.3. Key Contact Person

16.10.4. Headquarters Address

16.10.5. Key Product/Service Offered

17. Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the India Threat Intelligence Market in 2023?

The market size of the India Threat Intelligence Market was estimated to be USD 4.24 Billion in 2023.

Which was the dominant segment by type in the India Threat Intelligence Market?

The cloud segment is expected to dominate the India Threat Intelligence Market during the forecast period for several reasons like Scalability and Flexibility, Rapid Deployment.

What are the challenges of the India Threat Intelligence Market?

The India Threat Intelligence Market faces challenges such as inadequate cybersecurity awareness, shortage of skilled professionals, information overload, budget limitations, complexities in integrating solutions, regulatory compliance, and the ever-changing nature of cyber threats. Addressing these challenges is crucial for effective implementation of threat intelligence strategies and solutions across diverse sectors in India.

What are the major drivers for the India Threat Intelligence Market?

The India Threat Intelligence Market is primarily driven by escalating cyber threats, increasing awareness about cybersecurity, regulatory compliance demands, rapid digital transformation, adoption of advanced technologies, and the imperative to proactively detect and mitigate evolving threats across various industries.

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Sakshi Bajaal

Business Consultant

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Press Release

India Threat Intelligence Market to be Led by Growing Cybersecurity Concerns and Technological Advancements throughout 2029.

Dec, 2023

Rising escalating cybersecurity challenges and the need for proactive defense strategies driving the India Threat Intelligence Market in the forecast period 2025-2029.

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