(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) -- The "Threat Hunting market by Component, Threat Type, Deployment Mode, industry Verticals - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Threat Hunting Market grew from USD 3.20 billion in 2023 to USD 3.61 billion in 2024. It is expected to continue growing at a CAGR of 13.27%, reaching USD 7.66 billion by 2030.
The market for threat hunting is influenced by several key factors, including the growing number of cyber threats, advancements in AI and machine learning for predictive threat analysis, and increasing digital transformation which expands the attack surface. The integration of threat hunting with cybersecurity platforms and cloud services presents notable opportunities. Organizations are increasingly investing in these integrated solutions to streamline operations and improve protection capabilities, thereby driving market growth.
Opportunities abound in the development of automated threat hunting tools and platforms that leverage AI. Businesses can capitalize on this by investing in R&D to create more intuitive and effective solutions. However, the market faces challenges such as the scarcity of skilled cybersecurity professionals and the high costs associated with implementing threat hunting operations. Economic constraints and budget allocations also present challenges for smaller organizations. Furthermore, the constant evolution of cyber threats necessitates ongoing adaptation, making it a continuous investment.
In terms of innovation, there is substantial potential in developing AI-driven predictive analytics tools that can anticipate threats based on behavioral patterns. Additionally, enhancing threat intelligence sharing among industries can be a game changer, improving the collective defense mechanism against cyber incidents. The market is dynamic, characterized by rapid changes in technology and threat landscapes, requiring constant vigilance and adaptation by businesses to maintain security integrity.
Threat Hunting Market Dynamics Market Drivers Increasing frequency and sophistication of cyber-attacks on enterprises and governments worldwide Growing adoption of advanced threat detection technologies and proactive threat hunting practices Rising regulatory compliance requirements and data protection laws across various industries Expanding use of artificial intelligence and machine learning for enhanced threat detection capabilities
Market Restraints High costs associated with implementing advanced threat hunting tools and technologies discourage small and medium-sized enterprises Rapidly evolving cyber threats outpacing current threat hunting methodologies and technologies leading to inefficacies
Market Opportunities Cybersecurity solutions that focus on real-time threat intelligence and advanced threat hunting capabilities Innovative AI and machine learning applications for proactive threat detection and response in enterprise environments Demand for managed threat hunting services to support understaffed and overwhelmed IT security teams in various industries
Market Challenges Regulatory compliance and data privacy concerns affecting the implementation and effectiveness of threat hunting strategies in the market Limited threat intelligence sharing among organizations restricting collaborative threat hunting efforts and overall market growth
Key Company Profiles
The report delves into recent significant developments in the Threat Hunting Market, highlighting leading vendors and their innovative profiles. The leading players in the Threat Hunting Market, which are profiled in this report, include:
AO Kaspersky Lab Broadcom, Inc. Check Point Software Technologies Ltd. Cisco Systems CrowdStrike, Inc. Darktrace Holdings Limited Elasticsearch B.V. ExtraHop Networks, Inc. Fortinet, Inc. F-Secure Corporation IBM corporation Microsoft Corporation Musarubra US LLC Rapid7, Inc. RSA Conference LLC SentinelOne, Inc. SonicWall, Inc. Threathunter.ai Trend Micro Incorporated. VMware LLC by Broadcom, Inc.
Market Segmentation & Coverage
This research report categorizes the Threat Hunting Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component Services Managed Services Professional Services
Software
Threat Type Advanced Persistent Threats Denial of Service Attacks Insider Threats Malware & Ransomware Phishing & Social Engineering
Deployment Mode Industry Verticals Energy & Utilities Financial Services Government & Defense Healthcare IT & Telecommunications Manufacturing Retail & eCommerce
Region Americas Argentina Brazil Canada Mexico United States
Asia-Pacific Australia China India Indonesia Japan Malaysia Philippines Singapore South Korea Taiwan Thailand Vietnam
Europe, Middle East & Africa Denmark Egypt Finland France Germany Israel Italy Netherlands Nigeria Norway Poland Qatar Russia Saudi Arabia South Africa Spain Sweden Switzerland Turkey United Arab Emirates United Kingdom
The report provides a detailed overview of the market, exploring several key areas:
Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market. Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development. Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape. Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players. Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future. Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
What is the current size of the market, and how is it expected to grow? Which products, segments, and regions present the most attractive investment opportunities? What are the prevailing technology trends and regulatory factors influencing the market? How do top vendors rank regarding market share and competitive positioning? What revenue sources and strategic opportunities guide vendors' market entry or exit decisions? Key Attributes
Report Attribute | Details |
No. of Pages | 199 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $3.61 Billion |
Forecasted Market Value (USD) by 2030 | $7.66 Billion |
Compound Annual Growth Rate | 13.2% |
Regions Covered | Global |
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