Security News > 2020 > October > Threat intelligence platform market to reach $234.9 million by 2022

The growing volume and complexities of cyber threats present a compelling case for adopting threat intelligence platforms, a Frost & Sullivan analysis finds.

These solutions help organizations navigate the ever-increasing threat landscape and allow for further analysis and threat intelligence operationalization.

The yhreat intelligence platform market is one of the cybersecurity markets that will be least affected by COVID-19.

It is estimated to reach $234.9 million by 2022 from $132.7 million in 2019, at a compound annual growth rate of 21%. "The proliferation of TIP use cases indicates the convergence of the TIP space with adjacent markets," said Mikita Hanets, Information & Communication Technologies Research Analyst at Frost & Sullivan.

Develop threat detection and threat hunting capabilities to enable investigations of security incidents.

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