Overview and Scope
Dark web intelligence refers to the collection, analysis, and interpretation of information gathered from the dark web, a part of the internet that isn’t indexed by search engines. It involves monitoring and understanding activities taking place on the dark web to identify potential threats, criminal activities, and emerging trends.
Sizing and Forecast
The dark web intelligence market size has grown exponentially in recent years. It will grow from $0.52 billion in 2023 to $0.63 billion in 2024 at a compound annual growth rate (CAGR) of 22.0%. The growth in the historic period can be attributed to rise in cybercrime activities, growing sophistication of cyber threats, regulatory compliance requirements, rise of nation-state cyber-attacks, and expansion of digital ecosystems.
The dark web intelligence market size is expected to see exponential growth in the next few years. It will grow to $1.36 billion in 2028 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to increasing sophistication of cyber threats, growing regulatory pressure on organizations to secure sensitive data, rise in data breaches and identity theft incidents, expansion of digital transformation initiatives leading to increased online presence, and demand for proactive threat intelligence solutions to mitigate cyber risks. Major trends in the forecast period include increased integration of ai and machine learning, expansion of threat intelligence sharing networks, rise in ransomware-as-a-service threats, focus on insider threats and supply chain security, technological advancements.
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Segmentation & Regional Insights
The dark web intelligence market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Model: On-premise, Cloud
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
4) By Application: Banking, Financial Services And Insurance (BFSI), Education, Government, Healthcare, Transportation, Manufacturing, Other Applications
North America was the largest region in the dark web intelligence market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dark web intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing need for cybersecurity is expected to propel the growth of the dark web intelligence market going forward. Cybersecurity refers to the practice of protecting computer systems, networks, programs, and data from digital attacks, damage, theft, or unauthorized access. Cybersecurity is essential in dark web intelligence to protect against unauthorized access, secure sensitive information, and prevent potential cyber threats that may arise from monitoring activities on the dark web. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cybercrime reports received in 2022 were 76,000, up from 13% from the previous year. Furthermore, in 2021, according to the Internet Crime Complaint Center, a US-based government organization, the United States witnessed 847,376 cybercrime complaints, marking a 7% surge from 2020, with estimated losses surpassing $6.9 billion. Therefore, the growing need for cybersecurity is driving the growth of the dark web intelligence market.
Key Industry Players
Major companies operating in the dark web intelligence market report are Carbon Black Inc., Darktrace PLC, Recorded Future Inc., Anomali Inc., ZeroFox Holdings Inc., ThreatConnect, LookingGlass Cyber Solutions Inc., IntSights Cyber Intelligence Ltd., EclecticIQ B.V., CipherTrace Inc., Blueliv, Digital Shadows Ltd., BlackBag Technologies Inc., KELA Group, PhishLabs Inc., Terbium Labs Inc., Cybersixgill, Group-IB, QOMPLX Inc., SenseCy, RiskIQ, SurfWatch Labs, DarkOwl LLC, Flashpoint
The dark web intelligence market report table of contents includes:
1. Executive Summary
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