The Asia Pacific Threat Intelligence Market would witness market growth of 14.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Threat Intelligence Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,066.2 million by 2031. The Japan market is registering a CAGR of 13.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 15.4% during (2024 - 2031).
The integration of threat intelligence into broader cybersecurity strategies has also been a significant market driver. Organizations are increasingly adopting a layered security approach, where threat intelligence is pivotal in informing and enhancing other security measures such as firewalls, intrusion detection systems (IDS), and security information and event management (SIEM) systems.
In today's rapidly evolving digital landscape, organizations significantly enhance risk management protocols by integrating intelligence into their core security strategies. This integration allows businesses to better understand the external threats they face, enabling them to anticipate potential security breaches more effectively.
The telecommunications industry is also grappling with the proliferation of digital identities. Telecom companies like China Mobile manage millions of customer accounts, each requiring secure identity management. According to the Ministry of Industry and Information Technology, the aggregate business revenue of firms in the sector reached 1.68 trillion yuan (approximately 236 billion U.S. dollars) in 2023, representing a 6.2 percent annual increase. In 2023, the total revenue continued to increase by 19.1 percent year over year, as emerging sectors such as the Internet of Things, cloud computing, and big data continued to achieve strong performances. According to the ministry, 5G mobile network users reached 561 million, accounting for one-third of China's mobile phone users. The digitalization of the telecommunication sector leads to the accumulation of vast amounts of personal data and financial transactions. This sensitive data makes telecommunication companies prime targets for cyberattacks, particularly those aiming for data breaches or financial gain. Hence, the regional market is expected to grow rapidly due to all the aforementioned factors.
Free Valuable Insights: The Global Threat Intelligence Market is Predict to reach USD 38.9 Billion by 2031, at a CAGR of 13.9%
Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into Cloud, and On-Premise. Based on Type, the market is segmented into Solution (Security Information & Event Management, Risk Management, Identity & Access Management, Log Management, Incident Forensics, and Others), and Services (Professional Services, and Managed Services). Based on Vertical, the market is segmented into Telecom & IT, BFSI, Energy & Utilities, Healthcare, Manufacturing, Transportation & Logistics, Retail, Government, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Organization Size
By Deployment Type
By Type
By Vertical
By Country
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