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Threat Hunting Market

Top Companies in Threat Hunting Industry - IBM (US) and Kaspersky (Russia)

According to MarketsandMarkets, the threat-hunting market is set to grow significantly. It's expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period. Cyberattacks' increasing speed and ferocity, driven by adversaries' abilities to compress the time between initial entry and lateral movement within networks, will act as a market driver for the threat hunting industry. As attacks become faster and more sophisticated, organizations will increasingly recognize the necessity of proactive defense measures like threat hunting.

What is Threat  Hunting?

As per IBM, Threat hunting, also known as cyber threat hunting, is a proactive approach to identifying previously unknown or ongoing non-remediated threats within an organization's network.

Cyber or proactive threat hunting seeks out unknown cybersecurity threats to a network. Threat hunting involves actively searching through endpoints, networks, systems, applications, sources, and datasets to hunt or identify malicious activity or suspicious activity.

To know about the assumptions considered for the study download the pdf brochure

Top Companies in Threat Hunting Indusrty Include

  • IBM
  • Kaspersky
  • Capgemini
  • CrowdStrike
  • Trustwave

IBM

IBM is a computer, technology, and IT consulting corporation. It is the world's biggest technology company and the second-most valuable company. The company manufactures and sells computer hardware and software and offers infrastructure, hosting, and consulting services in areas ranging from mainframe computers to nanotechnology. IBM creates, develops, and manufactures numerous of the most up-to-date technologies. Hence, the company's product portfolio ranges from computers and software to networking systems, storage devices, and microelectronics. IBM operates through various segments, such as Sales, Services, and Financing. IBM mainly finds solutions for its wide range of clients using advanced technologies. Its clients comprise individual users, specialized businesses, and institutions, such as government, IT, defense, and educational organizations. The company offers solutions to various verticals, such as IT, healthcare, life sciences, government, telecom, automobile, manufacturing, Fast-Moving Consumer Goods (FMCG), chemicals & petroleum, electronics, energy & power, media & entertainment, mining, retail, BFSI, travel & transportation, and education. The company is in North America, Europe, APAC, Middle East & Africa, and Latin America.

Kaspersky

Kaspersky is a leading global cybersecurity company dedicated to creating a safer digital world through innovative, user-friendly, and accessible security solutions. As one of the largest privately held cybersecurity firms, Kaspersky operates in 200 countries and territories, supported by a team of over 3,800 specialists. They offer a comprehensive portfolio of security solutions and services designed to protect individuals and businesses of all sizes. This includes endpoint protection, threat intelligence, and security management tools for PCs, Macs, mobile devices, and servers. Kaspersky's solutions help businesses safeguard their critical data and infrastructure from cyberattacks, focusing on usability to ensure easy implementation and management. Their collaborative approach to cybersecurity involves working with industry partners to combat cybercrime effectively, staying ahead of evolving threats to provide robust protection.

Capgemini

Capgemini is a French multinational corporation specializing in consulting, technology services, and digital transformation. Founded in 1967 by Serge Kampf, the company is headquartered in Paris, France. Capgemini offers a wide range of services, including strategy and transformation consulting, application development, and managed services, catering to various industries such as financial services, manufacturing, and public sector. The company emphasizes the integration of advanced technologies to drive business innovation and efficiency. In the realm of cybersecurity, Capgemini provides comprehensive services designed to protect data, systems, and users, helping organizations define their security roadmap, implement protective measures, and defend against threats.

CrowdStrike

Founded in 2011 by George Kurtz and Dmitri Alperovitch, CrowdStrike is an American cybersecurity technology company headquartered in Sunnyvale, California. The company specializes in endpoint security, threat intelligence, and cyberattack response services. Its flagship product, the CrowdStrike Falcon platform, is a cloud-native solution that leverages artificial intelligence to provide real-time protection and visibility across the enterprise, preventing attacks on endpoints and workloads on or off the network. CrowdStrike has been recognized for its innovative approach to cybersecurity, focusing on proactive threat hunting and rapid incident response. In January 2025, CrowdStrike announced a strategic partnership with Cognizant to deliver cybersecurity services powered by the AI-native CrowdStrike Falcon platform, aiming to streamline security operations and enhance threat mitigation for organizations.

Trustwave

Trustwave is an American cybersecurity and managed security services provider headquartered in Chicago, Illinois. Established in 1995, the company offers a range of services, including threat detection and response, vulnerability management, and compliance management. Trustwave operates globally, serving businesses of various sizes across multiple industries. The company is known for its Trustwave SpiderLabs team, a group of ethical hackers, forensic investigators, and researchers who provide penetration testing, incident response, and security research. Trustwave's managed security services are designed to help organizations protect their IT environments, detect threats, and respond to security incidents effectively.

According to MnM's approach to evaluating the market, the threat hunting market is experiencing significant growth as cyberattack tools and techniques become more sophisticated. The shift of businesses towards cloud environments serves as a significant market driver for the threat hunting industry. The shift of organizations towards cloud environments presents both opportunities and challenges, particularly in terms of cybersecurity. Cloud environments often have complex and dynamic attack surfaces characterized by numerous interconnected services, APIs, and configurations. Adversaries exploit misconfigurations, weak access controls, and vulnerabilities specific to cloud platforms to gain unauthorized access or conduct malicious activities. Adversaries are advancing their capabilities to exploit features unique to the cloud, which acts as a significant driver for the threat hunting market.

Related Reports:

Threat Hunting Market Size, Share, Growth Analysis, By Offering (Tools, Service), Threat Type, Deployment Mode, Organization Size, Vertical (BFSI, Healthcare, IT&ITEs Government) and Region - Global Industry Forecast to 2029

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Threat Hunting Market Size,  Share & Growth Report
Report Code
TC 9085
RI Published ON
7/12/2024
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