The threat-hunting market refers to the industry that provides solutions and services aimed at proactively detecting, tracking and mitigating cyber threats and security incidents. Threat hunting involves the proactive search for signs of security threats that have not yet been detected by automated security systems, such as intrusion detection systems (IDS) or security information and event management (SIEM) solutions. The goal of threat hunting is to identify and mitigate potential threats before they can cause damage to an organization’s network, systems, or data.
The market for threat hunting has been growing rapidly in recent years as organizations increasingly recognize the importance of proactive security measures in addition to traditional, reactive security technologies. The market is expected to continue growing, driven by factors such as increasing cyber attacks, the need for more sophisticated threat detection, and the shortage of skilled cybersecurity professionals.
In 2021, the revenue from the global threat hunting market was $1,740.0 Mn USD. However, the market as a whole is anticipated to develop at an astounding CAGR of 18.4% between 2022 and 2032, reaching a valuation of about US$ 11,125.3 Mn by 2032 due to the increased usage of advanced cyber-security software and services across numerous industries.
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The worldwide threat intelligence market currently comprises about 15.0% of the threat hunting market. A significant aspect driving demand for threat hunting solutions in the market is the growing emphasis on enhancing safety across industries like BFSI, telecom & IT, healthcare, and manufacturing
Overall, the threat hunting market is an important part of the overall cybersecurity market, providing organizations with the tools and services they need to proactively protect against security threats and minimize the risk of data breaches and other security incidents.
Competitive Landscape
Many key players in the global market are focusing heavily on innovation, research, and development practices in order to provide a variety of solutions for various industry applications. They are pursuing various strategies such as partnerships, collaborations, and acquisitions to increase their presence, customer base, and solution offering. For instance,
- In July 2021, IBM provided threat hunting tool (Kestrel) to Open Cybersecurity Alliance. IBM Security and IBM Research jointly develop Kestrel which enables threat hunters to express hunts in an open, composable threat hunting language
Threat Hunting Outlook by Category
By Solution:
- Software
- Endpoint Detection & Response (EDR)
- Security Information and Event Management (SIEM)
- Network Threat Analytics
- Others
- Services
- Threat Hunting Services
- Security Consulting
- Integration & Implementation
- Support Services
By Enterprise Size:
- Small and Mid-Sized Enterprises (SMEs)
- Large Enterprises
By Industry:
- BFSI
- Telecom & IT
- Healthcare
- Manufacturing
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Pricing Analysis, By Solutions
4.2. Global Average Pricing Benchmark Analysis
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