The global insider threat protection market reached US$ 4,094.6 million in 2023. The market is expected to attain a value of US$ 21,401.9 million, expanding at a CAGR of 18.1% by 2033.
Attributes | Key Insights |
---|---|
Base Value (2022) | US$ 3,500.0 million |
Estimated Global Insider Threat Protection Market Size (2023E) | US$ 4,094.6 million |
Projected Insider Threat Protection Market Value (2033F) | US$ 21,401.9 million |
Value-based CAGR (2023 to 2033) | 18.1% |
The insider threat protection market is expected to surge due to significant efforts by governments and enterprises to create comprehensive threat intelligence solutions. Organizations are implementing data access control measures to keep sensitive data safe from unauthorized exposure, such as creating a security culture and employee screening.
They are implementing several safeguards to reduce the danger of authorized entities accessing sensitive information. These elements are expected to support the market expansion for insider threat projection throughout the projected period.
The popularity of remote working is increasing the risk of malware assaults and data breaches in several organizations. The possibility of company data being compromised due to device theft, loss, or hacking is raising concerns about data security. By offering security capabilities, including historical visibility of memory, disks, and devices, insider risk management solutions are set to assist in addressing these cybersecurity problems.
Regulations in several industrial verticals specify how data must be managed and safeguarded. The need for insider threat protection is increasing because of the ability of insider risk management solutions to assist firms in meeting these obligations and guaranteeing compliance. Machine learning (ML) and artificial intelligence (AI) are new technologies that are expected to help companies better defend against insider threats.
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The insider threat protection market underwent a noteworthy transformation from 2018 to 2022, witnessing a substantial increase in market value. In 2018, the market stood at US$ 1,993.1 million.
From 2018 to 2022, organizations globally have become more aware of the risks associated with insider threats, leading to a growing demand for insider threat protection solutions. Implementing and enforcing data protection regulations, such as GDPR, have driven organizations to invest in solutions to ensure compliance and protect sensitive information.
The evolving nature of cyber threats and the adoption of advanced technologies have influenced the demand for more sophisticated insider threat protection solutions. The surge in remote work during the COVID-19 pandemic has heightened the need for solutions to address insider threats in distributed and virtual work environments.
Companies began creating official insider threat policies and strategies to deal with workers' careless and malevolent behavior. These programs frequently included user activity monitoring, background checks, and personnel training.
The global insider threat protection market is expected to rise at a CAGR of 18.1% from 2023 to 2033. The market size is expected to reach US$ 21,401.9 million by 2033.
The insider threat protection market appears promising, driven by a dynamic cybersecurity landscape and growing awareness of the potential hazards posed by individuals within companies. As companies prioritize data security and privacy, the demand for advanced insider threat prevention solutions is expected to surge.
Artificial intelligence, machine learning, and behavioral analytics are likely to play a vital role in strengthening the capabilities of insider threat defense methods. The global expansion of the insider threat protection ecosystem is also anticipated, further underlining its significance in the evolving landscape of business technology solutions.
The table presents the expected CAGR for the insider threat protection market over several semi-annual periods spanning from 2022 to 2033. In the first half (H1) of the decade from 2022 to 2032, the field is estimated to surge at a CAGR of 16.0%, followed by a slightly higher growth rate of 16.4% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2023 to H2 2033, the CAGR is projected to remain high at 18.1% in the first half and surge to 18.5% in the second half.
Semi-annual Insights
Particular | Value CAGR |
---|---|
H1 | 16.0% (2022 to 2032) |
H2 | 16.4% (2022 to 2032) |
H1 | 18.1% (2023 to 2033) |
H2 | 18.5% (2023 to 2033) |
The peer or tangential markets in the technology division will likely impact the insider threat protection market. These include other types of markets, such as the security screening and open banking industries.
The security screening market is projected to expand at an 8.2% CAGR during the forecast period. Ongoing attention to modernizing airport security procedures, such as the introduction of cutting-edge screening tools for travelers and luggage, is set to drive the market.
On the contrary, the open banking industry is poised to thrive at a steady CAGR of 19.3% through 2033. Rising emphasis on streamlining onboarding procedures, facilitating fast account access, and creating user-friendly interfaces is expected to influence market expansion.
Insider Threat Protection Market:
Attributes | Insider Threat Protection Market |
---|---|
CAGR (2023 to 2033) | 18.1% |
Growth Factor | Creating a culture of security awareness involves educating people about potential risks and the significance of cybersecurity, which is set to gain traction in the market. |
Key Trend in Insider Threat Protection Market | Professional services are in demand as they assist companies in addressing vulnerabilities, minimizing further data loss, and taking preventative action to guard against potential cyberattacks. |
Security Screening Market:
Attributes | Security Screening Market |
---|---|
CAGR (2023 to 2033) | 8.2% |
Growth Factor | There is a growing focus on screening technologies that can identify chemical and drug dangers in a variety of settings, such as vital infrastructure and transportation hubs. |
Key Trends | Integration of machine learning and artificial intelligence technologies to improve threat, pattern, and anomaly identification in security screening procedures is expected to drive the market. |
Open Banking Market:
Attributes | Open Banking Market |
---|---|
CAGR (2023 to 2033) | 19.3% |
Growth Factor | Rising demand for financial services and solutions that are individualized and customized based on the preferences, data, and actions of customers is expected to fuel the market growth. |
Key Trends | The creation and implementation of standardized application programming interfaces (APIs) to enable smooth communication and interoperability between fintech companies and other participants is set to surge demand. |
The table below shows the estimated growth rates of the top five countries. China, Japan, and Germany are set to record high CAGRs of 24.8%, 22.5%, and 19.7%, respectively, through 2033.
Country | Value CAGR |
---|---|
United States | 19.0% |
China | 24.8% |
Japan | 22.5% |
Germany | 19.7% |
India | 21.2% |
The insider threat protection market in the United States is set to rise at a CAGR of 19.0% from 2023 to 2033. The main factors supporting the market’s growth are:
Japan’s insider threat protection market is estimated to rise at a CAGR of 22.5% over the forecast period. Top factors supporting the market’s expansion in the country include:
The insider threat protection market in Germany is estimated to record a CAGR of 19.7% through 2033. The primary factors bolstering the market size are:
India is estimated to rise at a CAGR of 21.2%. Key factors influencing the market include:
Key players are significantly investing in China, as the country is offering greater growth opportunities than its counterparts. Through 2033, China is projected to expand at a CAGR of 24.8%, driven by the following factors:
The section below shows the service segment dominating by solution. It is predicted to surge at a CAGR of 19.1% by 2033. Based on deployment type, the cloud-based segment is anticipated to generate a dominant share through 2033. It is set to rise at a CAGR of 19.7% by 2033.
By Solution | Value CAGR |
---|---|
Software | 16.8% |
Services | 19.1% |
The services segment experiences a surge in demand as organizations grapple with increasingly sophisticated and complex insider threats. Security professionals offer specialized expertise in navigating intricate threat landscapes and implementing effective countermeasures.
The dynamic nature of cyber threats necessitates continuous adaptation in the service segment. Security professionals within the professional service segment are adept at staying ahead of emerging threats, providing organizations with proactive measures to counter evolving insider threat tactics.
Deployment Type | Value CAGR |
---|---|
Cloud-based | 19.7% |
On-premises | 15.9% |
As industries use the benefits of cloud computing, organizations face new hurdles in protecting sensitive data from insider threats. Cloud-based insider threat protection services provide a cutting-edge approach to digital asset security and strong protection against potential breaches & illegal access.
Cloud-based solutions also offer real-time monitoring of user activity and data access, allowing for the rapid identification of considered actions. Products and services enable continuous analysis, generating alarms for potential insider threats, using advanced analytics and machine learning algorithms. This proactive approach enables prompt intervention and mitigation.
Enterprise Size | Value CAGR |
---|---|
SMEs | 19.6% |
Large Enterprises | 16.7% |
For SMEs, customized solutions, scalable technologies, and a strategic focus on the organization's unique characteristics are essential for effective protection. As SMEs evolve, their insider threat defense strategies also evolve in tandem, ensuring a resilient and adaptable security posture.
Insider threat protection service providers offer customized solutions to meet the specific demands of each enterprise. This entails easily integrating the technology into existing security frameworks and IT systems.
The ever-changing nature of cyber threats necessitates scalable and adaptable solutions. Service providers offer scalability to allow an organization's growth and respond to shifting threat scenarios. This ensures that solutions for insider threat protection remain effective and relevant.
Key players are focusing on improving the customer experience for their insider threat protection solutions. They also consider the different needs and requirements of end-users and tailor solutions to their needs. Leading companies in the insider threat prevention market use a range of inorganic growth strategies, including alliances, mergers, and acquisitions, to increase the scope of their product offerings.
Key Developments
The market reached US$ 4,094.6 million in 2023.
Demand for insider threat protection is slated to expand at an 18.1% CAGR by 2033.
The market is set to reach US$ 21,401.9 million in 2033.
ActivTrak, Code42Software, and CyberArk are the key players.
East Asia is estimated to hold a market share of 20.8% over the forecast period.
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 Models 4.1. Types of Pricing Models 4.1.1. Subscription Pricing Model 4.1.2. Perpetual License Model 4.2. Average Solution Pricing Benchmark 5. Major Deals in Insider Threat Protection 5.1. Major Deals/Strategic Contracts in Market, 2020- till present, 2023 5.2. Deal Growth Scenarios, Y-o-Y % 5.2.1. Year 2020 (Q1-Q4 deal movements, % change) 5.2.2. Year 2021 (Q1-Q4 deal movements, % change) 5.2.3. Year 2022 (Q1-Q4-est. deal movements, % change) 6. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 6.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022 6.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Market Background 7.1. Macro-Economic Factors 7.2. Forecast Factors - Relevance & Impact 7.3. Value Chain 7.4. COVID-19 Crisis - Impact Assessment 7.4.1. Current Statistics 7.4.2. Short-Mid-Long Term Outlook 7.4.3. Likely Rebound 7.5. Market Dynamics 7.5.1. Drivers 7.5.2. Restraints 7.5.3. Opportunity Analysis 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Solution 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Million) Analysis By Solution, 2018 to 2022 8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Solution, 2023 to 2033 8.3.1. Software 8.3.1.1. User and Entity Behavior Analytics (UEBA) 8.3.1.2. Security Information and Event Management (SIEM) 8.3.1.3. Identity and Access Management (IAM) 8.3.1.4. Others 8.3.2. Services 8.3.2.1. Professional Services 8.3.2.1.1. Security Consulting 8.3.2.1.2. Security Integration and Deployment 8.3.2.1.3. Support and Maintenance 8.3.2.2. Managed Services 8.4. Market Attractiveness Analysis By Solution 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Deployment 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) Analysis By Deployment, 2018 to 2022 9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Deployment, 2023 to 2033 9.3.1. Cloud-based 9.3.2. On-premises 9.4. Market Attractiveness Analysis By Deployment 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Enterprise Size 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) Analysis By Enterprise Size, 2018 to 2022 10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Enterprise Size, 2023 to 2033 10.3.1. Small and Mid-sized Enterprises (SMEs) 10.3.2. Large Enterprises 10.4. Market Attractiveness Analysis By Enterprise Size 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Industry 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) Analysis By Industry, 2018 to 2022 11.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Industry, 2023 to 2033 11.3.1. Government and Defense 11.3.2. Banking, Financial Services, and Insurance (BFSI) 11.3.3. IT and Telecom 11.3.4. Retail and e-commerce 11.3.5. Energy and Utilities 11.3.6. Manufacturing 11.3.7. Education 11.3.8. Others 11.4. Market Attractiveness Analysis By Industry 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Million) Analysis By Region, 2018 to 2022 12.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Region, 2023 to 2033 12.3.1. North America 12.3.2. Latin America 12.3.3. East Asia 12.3.4. South Asia and Pacific 12.3.5. Western Europe 12.3.6. Eastern Europe 12.3.7. Middle East and Africa 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction 13.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 13.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.3.1. By Country 13.3.1.1. United States 13.3.1.2. Canada 13.3.1.3. Mexico 13.3.2. By Solution 13.3.3. By Deployment 13.3.4. By Enterprise Size 13.3.5. By Industry 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Solution 13.4.3. By Deployment 13.4.4. By Enterprise Size 13.4.5. By Industry 13.5. Market Trends 13.6. Key Market Participants - Intensity Mapping 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 14.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Chile 14.3.1.3. Rest of Latin America 14.3.2. By Solution 14.3.3. By Deployment 14.3.4. By Enterprise Size 14.3.5. By Industry 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Solution 14.4.3. By Deployment 14.4.4. By Enterprise Size 14.4.5. By Industry 14.5. Market Trends 14.6. Key Market Participants - Intensity Mapping 15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 15.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 15.3.1. By Country 15.3.1.1. India 15.3.1.2. ASEAN 15.3.1.3. Australia and New Zealand 15.3.1.4. Rest of South Asia and Pacific 15.3.2. By Solution 15.3.3. By Deployment 15.3.4. By Enterprise Size 15.3.5. By Industry 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Solution 15.4.3. By Deployment 15.4.4. By Enterprise Size 15.4.5. By Industry 15.5. Market Trends 15.6. Key Market Participants - Intensity Mapping 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 16.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 16.3.1. By Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.2. By Solution 16.3.3. By Deployment 16.3.4. By Enterprise Size 16.3.5. By Industry 16.4. Market Attractiveness Analysis 16.4.1. By Country 16.4.2. By Solution 16.4.3. By Deployment 16.4.4. By Enterprise Size 16.4.5. By Industry 16.5. Market Trends 16.6. Key Market Participants - Intensity Mapping 17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 17.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 17.3.1. By Country 17.3.1.1. Germany 17.3.1.2. Italy 17.3.1.3. France 17.3.1.4. United Kingdom 17.3.1.5. Spain 17.3.1.6. BENELUX 17.3.1.7. Rest of Europe 17.3.2. By Solution 17.3.3. By Deployment 17.3.4. By Enterprise Size 17.3.5. By Industry 17.4. Market Attractiveness Analysis 17.4.1. By Country 17.4.2. By Solution 17.4.3. By Deployment 17.4.4. By Enterprise Size 17.4.5. By Industry 17.5. Market Trends 17.6. Key Market Participants - Intensity Mapping 18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 18.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 18.3.1. By Country 18.3.1.1. Poland 18.3.1.2. Hungary 18.3.1.3. Russia 18.3.1.4. Balkan and Baltics 18.3.1.5. Rest of Eastern Europe 18.3.2. By Solution 18.3.3. By Deployment 18.3.4. By Enterprise Size 18.3.5. By Industry 18.4. Market Attractiveness Analysis 18.4.1. By Country 18.4.2. By Solution 18.4.3. By Deployment 18.4.4. By Enterprise Size 18.4.5. By Industry 18.5. Market Trends 18.6. Key Market Participants - Intensity Mapping 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction 19.2. Historical Market Size (US$ Million) Analysis By Market Taxonomy, 2018 to 2022 19.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 19.3.1. By Country 19.3.1.1. Saudi Arabia 19.3.1.2. United Arab Emirates 19.3.1.3. Turkiye 19.3.1.4. South Africa 19.3.1.5. Rest of Middle East and Africa 19.3.2. By Solution 19.3.3. By Deployment 19.3.4. By Enterprise Size 19.3.5. By Industry 19.4. Market Attractiveness Analysis 19.4.1. By Country 19.4.2. By Solution 19.4.3. By Deployment 19.4.4. By Enterprise Size 19.4.5. By Industry 19.5. Market Trends 19.6. Key Market Participants - Intensity Mapping 20. Country-wise Market Analysis 20.1. United States Market Analysis 20.1.1. By Solution 20.1.2. By Deployment 20.1.3. By Enterprise Size 20.1.4. By Industry 20.2. Canada Market Analysis 20.2.1. By Solution 20.2.2. By Deployment 20.2.3. By Enterprise Size 20.2.4. By Industry 20.3. Mexico Market Analysis 20.3.1. By Solution 20.3.2. By Deployment 20.3.3. By Enterprise Size 20.3.4. By Industry 20.4. Brazil Market Analysis 20.4.1. By Solution 20.4.2. By Deployment 20.4.3. By Enterprise Size 20.4.4. By Industry 20.5. Germany Market Analysis 20.5.1. By Solution 20.5.2. By Deployment 20.5.3. By Enterprise Size 20.5.4. By Industry 20.6. Italy Market Analysis 20.6.1. By Deployment 20.6.2. By Enterprise Size 20.6.3. By Industry 20.7. France Market Analysis 20.7.1. By Solution 20.7.2. By Deployment 20.7.3. By Enterprise Size 20.7.4. By Industry 20.8. United Kingdom Market Analysis 20.8.1. By Solution 20.8.2. By Deployment 20.8.3. By Enterprise Size 20.8.4. By Industry 20.9. Spain Market Analysis 20.9.1. By Solution 20.9.2. By Deployment 20.9.3. By Enterprise Size 20.9.4. By Industry 20.10. Russia Market Analysis 20.10.1. By Solution 20.10.2. By Deployment 20.10.3. By Enterprise Size 20.10.4. By Industry 20.11. Hungary Market Analysis 20.11.1. By Solution 20.11.2. By Deployment 20.11.3. By Enterprise Size 20.11.4. By Industry 20.12. Poland Market Analysis 20.12.1. By Solution 20.12.2. By Deployment 20.12.3. By Enterprise Size 20.12.4. By Industry 20.13. China Market Analysis 20.13.1. By Solution 20.13.2. By Deployment 20.13.3. By Enterprise Size 20.13.4. By Industry 20.14. Japan Market Analysis 20.14.1. By Solution 20.14.2. By Deployment 20.14.3. By Enterprise Size 20.14.4. By Industry 20.15. South Korea Market Analysis 20.15.1. By Solution 20.15.2. By Deployment 20.15.3. By Enterprise Size 20.15.4. By Industry 20.16. India Market Analysis 20.16.1. By Solution 20.16.2. By Deployment 20.16.3. By Enterprise Size 20.16.4. By Industry 20.17. ASEAN Market Analysis 20.17.1. By Solution 20.17.2. By Deployment 20.17.3. By Enterprise Size 20.17.4. By Industry 20.18. Australia and New Zealand Market Analysis 20.18.1. By Solution 20.18.2. By Deployment 20.18.3. By Enterprise Size 20.18.4. By Industry 20.19. Saudi Arabia Market Analysis 20.19.1. By Solution 20.19.2. By Deployment 20.19.3. By Enterprise Size 20.19.4. By Industry 20.20. UAE Market Analysis 20.20.1. By Solution 20.20.2. By Deployment 20.20.3. By Enterprise Size 20.20.4. By Industry 20.21. Turkiye Market Analysis 20.21.1. By Solution 20.21.2. By Deployment 20.21.3. By Enterprise Size 20.21.4. By Industry 20.22. South Africa Market Analysis 20.22.1. By Solution 20.22.2. By Deployment 20.22.3. By Enterprise Size 20.22.4. By Industry 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Share Analysis of Key Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Deep Dive 22.2.1. Business Overview 22.2.2. Solution Portfolio 22.2.3. Profitability by Market Segments (Business Segments/Region) 22.2.4. Recent Market Development 22.2.5. Key Strategies 22.3. Prominent Vendors 22.3.1. ActivTrak 22.3.2. Code42 Software 22.3.3. CyberArk 22.3.4. Cyberhaven 22.3.5. Dell Technologies 22.3.6. Digital Guardian 22.3.7. DoControl 22.3.8. Trellix (FireEye) 22.3.9. Forcepoint 22.3.10. Fortinet 22.3.11. IBM Corporation 22.3.12. LogRhythm 22.3.13. Proofpoint 22.3.14. Sophos 22.3.15. Splunk 22.3.16. Varonis 22.3.17. Microsoft 22.3.18. CrowdStrike 22.3.19. Broadcom (Symantec) 22.3.20. Tenable, Inc. 23. Assumptions and Acronyms Used 24. Research Methodology
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