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Home Press Release OpenPR

Projected Growth: Threat Hunting Market to Reach USD 12.92 Billion by 2034 at 14.5% CAGR

November 14, 2024
in OpenPR, Web3
Reading Time: 6 mins read
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Threat Hunting Market

Threat Hunting Market

𝐓𝐡𝐞 𝐓𝐡𝐫𝐞𝐚𝐭 𝐇𝐮𝐧𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐰𝐨𝐫𝐭𝐡 𝐔𝐒𝐃 𝟑.𝟑𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐚𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟏𝟒.𝟓%, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟑.𝟖𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟓 𝐭𝐨 𝐔𝐒𝐃 𝟏𝟐.𝟗𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟒.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Threat hunting is an active cybersecurity strategy that uses human creativity and intuition to find and address security incidents that might otherwise go unnoticed. It is used to strengthen the organization’s overall security posture by integrating threat hunting into the security procedures. The significant rise in online transactions, especially in the banking, financial services, and e-commerce sectors, has expanded the number of possible targets for cybercriminals. This demonstrates the necessity of sophisticated threat hunting tools to proactively detect and neutralize possible dangers in real time.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐀𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: https://www.polarismarketresearch.com/industry-analysis/threat-hunting-market/request-for-sample

𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐈𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡

• Threat hunting is in greater demand as a result of the growing frequency of cyber threats and attacks. Threat hunting enables businesses to identify online dangers before they result in serious damage, like ransomware attacks or data breaches.
• Stricter cybersecurity laws are being implemented and enforced by governments, requiring businesses to proactively protect against online threats and show that they can identify and stop attacks. Thus, boosting the threat hunting market.
• The need for more sophisticated threat detection capabilities is also due to the rise in insider threats, in which trusted individuals or employees intentionally or unintentionally cause harm. This further supports the growth of the threat hunting market.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

The threat hunting market will continue to grow as a result of major players in the industry making significant investments in R&D to broaden their product lines. The threat hunting market needs to provide affordable products in order to grow and survive in a more competitive and evolving market environment.

• Capgemini
• CrowdStrike
• Cynet
• Eviden
• IBM
• Kaspersky
• Palo Alto Networks
• Rapid 7
• Sangfor
• SecureWork
• Solidworks
• Trend Micro
• Trustwave
• Verizon
• VMware

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.polarismarketresearch.com/industry-analysis/threat-hunting-market/inquire-before-buying

𝐓𝐡𝐫𝐞𝐚𝐭 𝐇𝐮𝐧𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• In 2024, the banking, financial services, and insurance (BFSI) segment accounted for the largest revenue share in the threat hunting market due to ongoing digital transformation, and the critical need to protect sensitive financial data.
• The cloud segment is growing at the highest CAGR due to the shift towards remote work, and digital transformation initiatives have accelerated cloud adoption, further driving the demand for robust cloud security measures, including threat hunting.
• In 2024, North America accounted for the largest threat hunting market share due to the high incidence of cyberattacks targeting businesses and government entities in the region.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Regional analysis provides an examination of the key variables, including social, physical, and economic, in a regional context. It helps companies understand the needs and wants of their customers in target markets. Thus, stakeholders can make informed decisions about their products or service offerings. Also, regional analysis assists businesses in identifying regions with high growth potential and where they should focus their efforts. Furthermore, it can help stakeholders understand local conditions to analyze policy related to global change.

The key regions and sub-regions of the Threat Hunting Market covered in the research report are:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/threat-hunting-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• The threat hunting market is segmented based on deployment, offering, threat type, organization size, and regional use.
• Based on vertical, the banking, financial services, and insurance (BFSI) segment accounted for the largest market share in 2024, as it handles a large volume of sensitive financial data
• Based on deployment mode, the cloud segment is expected to be the fastest growing market segment, as businesses are quickly adopting cloud services due to their various benefits.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Hospital Electronic Health Records Market:https://www.polarismarketresearch.com/industry-analysis/hospital-electronic-health-records-market

Digital Mining Market: https://www.polarismarketresearch.com/industry-analysis/digital-mining-market

Micro Mobile Data Center Market: https://www.polarismarketresearch.com/industry-analysis/micro-mobile-data-center-market

Digital Radar Market: https://www.polarismarketresearch.com/press-releases/digital-radar-market

ModelOPs Market: https://www.polarismarketresearch.com/industry-analysis/modelops-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.

This release was published on openPR.

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