Global Threat-Hunting Market is valued at approximately USD 2.44 billion in 2023 and is projected to grow at a remarkable CAGR of 18.61% over the forecast period 2024-2032. Threat hunting represents a proactive approach to cybersecurity, diverging from traditional defense mechanisms such as firewalls and intrusion detection systems (IDS). Instead of relying solely on these reactive tools, threat-hunting leverages advanced software solutions, including endpoint detection & response (EDR) and network threat analytics, to identify and mitigate sophisticated threats that can bypass conventional security measures.
The Global Threat-Hunting Market is driven by rising sophisticated cyber threats, the demand for robust threat-hunting solutions is surging. This growth is driven by a heightened focus on securing sensitive data and systems, particularly in industries such as BFSI, telecom & IT, healthcare, and manufacturing. These sectors are particularly vulnerable to cyber-attacks due to the sensitive nature of the data they handle. The proactive nature of threat hunting, which involves actively seeking out potential threats before they can cause harm, is becoming an essential component of comprehensive cybersecurity strategies. Moreover, as businesses become more aware of the limitations of traditional cybersecurity tools, they are increasingly turning to threat hunting as a means to enhance their defenses. This is especially important as cybercriminals employ more sophisticated tactics, making it critical for enterprises to adopt equally advanced solutions. The ability to detect and neutralize threats before they can exploit vulnerabilities is paramount, and threat hunting provides a powerful means to achieve this. However, high cost associated to threat-hunting solutions is going to impede the overall demand for the market during forecast period 2024-2032.
The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is expected to lead the global threat-hunting market, owing to its mature cybersecurity infrastructure and high adoption of advanced security technologies. Furthermore, the Asia Pacific region is projected to experience the fastest growth during the forecast period, driven by the increasing digitalization of businesses and the corresponding rise in cyber threats.
Major market players included in this report are:
Broadcom
IBM
Capgemini
Kaspersky Lab
Symantec
Carbon Black
Clear network
CyberDefenses
Cybereason
Delta Risk
The detailed segments and sub-segment of the market are explained below:
By Solution:
Software
Services
By Enterprise Size:
Small and Mid-Sized Enterprises (SMEs)
Large Enterprises
By Industry:
BFSI
Telecom & IT
Healthcare
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
