Threat intelligence, also called cyber threat intelligence, refers to organized, analyzed, and refined information about present or potential attacks that threaten an organization. Threat intelligence assists organizations in understanding the risks associated with extreme external threats, including advanced persistent threats, zero-day threats, and exploits. This also includes threats from partner and internal threats; threat intelligence is more focused on identifying threats which are more prone to affect a specific organization's environment. Key factors driving the growth of the global threat intelligence market are raising the prevalence of cyber-attacks and data breaches, growing adoption of cloud-based services and internet of things (IoT) devices by several organizations and businesses. In addition, the growing adoption of threat intelligence services and solutions by many sectors such as BSFI, healthcare, military, government, etc., is another attribute fuelling the growth of the global threat intelligence market. However, the cost incurred in the installation is a key factor impeding the market growth. As a result, the threat intelligence market is likely to grow at the rate of 8.3% CAGR by 2027.

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As per the market segments based on solution, the identity and access management solution segment is expanding rapidly. The expansion of the segment is due to the effective security standards for authentication and authorization of users on the basis of access levels. Moreover, as organizations change their business to cloud services, IAM performs a vital part in managing and accessing applications & data by employees without compromising on security protocols.

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