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Increasing Cyberattacks to Propel Global Threat Intelligence Platforms Market, Says Frost & Sullivan
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"The proliferation of TIP use cases indicates the convergence of the TIP space with adjacent markets," said Information & Communication Technologies Research Analyst at Frost & Sullivan. "Vendors increasingly aim to offer some elements of TIP functionality in security, orchestration, automation, and response (SOAR) and security information and event management (SIEM) platforms and vice versa. Going forward, solutions that enable businesses to operationalize threat-related data and set up workflows for cyber incidents will converge in the next three years."
Hanets added: " will dominate the market and contribute the maximum revenue, followed by Europe , the Middle East and Africa (EMEA), Asia-Pacific and Latin America . will be the fastest-growing vertical market for TIP vendors in the next two years, while banking and finance is expected to contribute the most by 2022."
The growing sophistication of attacks and the necessity of using threat intelligence for proactive cyber defense present immense growth prospects for market participants who:
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Srihari Daivanayagam
Corporate Communications
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