The dark web provides the ability to hide the user’s identity, network traffic, and data exchanged through it. Users outside the dark web can’t access it using standard web browsers but through special software, such as The Onion Router (TOR), Invisible Internet Project (I2P), and Freenet. Dark web is evidence of Crime-as-a-Service (CaaS), as it provides most of the items commonly found in conventional black markets. In this regard, some cyber-criminals act as crypto currency providers to make it easier for others to perform criminal activities. Furthermore, cyber security threats, hacking communities are active on dark web platforms, where hackers manipulate information, in addition to circulating hacking tools, ransomware, breached data, malware, and planning large-scale cyber-attacks, resembling a pattern of an organized crime. Furthermore, dark web intelligence solution is used to proactively fight cyber-fraud and has proven to significantly reduce losses. This intelligence comprises three sets of data feeds curated from the dark & deep web, botnets, malware networks, and other technical infrastructure used by cyber-criminals or fraudsters to commit financial crime. Dark web intelligence solution offers actionable intelligence to protect against botnet-related threats as well as identify network and application-based vulnerabilities.
Factor such as rise of double extortion ransom ware and rapid digitization in business processes contributing toward the growth as well as advent of crypto currencies, such as Bitcoin, drive the growth of the market. Furthermore, surge in demand for multi-layered security across organization and rise in demand for advanced technology are expected to provide lucrative growth opportunities for the market. In addition, increase in adoption of cloud-based services to streamline business process also creates numerous opportunities towards the market growth. However, lack of awareness regarding cyber fraud and high cost of innovation and budget constraints hamper the market growth.
The dark web intelligence market is segmented into component, deployment model, enterprise size, industry vertical, and region. By component, the market is bifurcated into solution and services. On the basis of deployment model, it is divided into cloud and on-premises. According to enterprise size, it is fragmented into SMEs and large enterprises. As per industry vertical, it is segregated into BFSI, healthcare, IT & telecom, government, manufacturing, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the dark web intelligence market include, Alert Logic, Blueliv, Carbonite, Inc., DarkOwl, Digital Shadows, Echosec, Enigma, Flashpoint, IntSights, KELA, NICE Actimize, Proofpoint, Inc., Searchlight Security, Sixgill, Terbium Labs, Verisign, and ZeroFox. These major players have adopted various development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the dark web intelligence market globally.
Factor such as rise of double extortion ransom ware and rapid digitization in business processes contributing toward the growth as well as advent of crypto currencies, such as Bitcoin, drive the growth of the market. Furthermore, surge in demand for multi-layered security across organization and rise in demand for advanced technology are expected to provide lucrative growth opportunities for the market. In addition, increase in adoption of cloud-based services to streamline business process also creates numerous opportunities towards the market growth. However, lack of awareness regarding cyber fraud and high cost of innovation and budget constraints hamper the market growth.
The dark web intelligence market is segmented into component, deployment model, enterprise size, industry vertical, and region. By component, the market is bifurcated into solution and services. On the basis of deployment model, it is divided into cloud and on-premises. According to enterprise size, it is fragmented into SMEs and large enterprises. As per industry vertical, it is segregated into BFSI, healthcare, IT & telecom, government, manufacturing, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the dark web intelligence market include, Alert Logic, Blueliv, Carbonite, Inc., DarkOwl, Digital Shadows, Echosec, Enigma, Flashpoint, IntSights, KELA, NICE Actimize, Proofpoint, Inc., Searchlight Security, Sixgill, Terbium Labs, Verisign, and ZeroFox. These major players have adopted various development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the dark web intelligence market globally.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dark web intelligence market analysis from 2021 to 2031 to identify the prevailing dark web intelligence market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the dark web intelligence market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global dark web intelligence market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Solution
- Services
By Deployment Model
- On-premise
- Cloud
By Enterprise Size
- Large Enterprises
- SMEs
By Industry Vertical
- BFSI
- Healthcare
- Government
- IT and Telecom
- Manufacturing
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Alert Logic
- Blueliv
- Carbonite, Inc.
- DarkOwl
- Digital Shadows
- Echosec
- Enigma
- Flashpoint
- IntSights
- KELA
- NICE Actimize
- Proofpoint, Inc.
- Searchlight Security
- Sixgill
- Terbium Labs
- Verisign
- ZeroFox
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: DARK WEB INTELLIGENCE MARKET, BY COMPONENT
CHAPTER 5: DARK WEB INTELLIGENCE MARKET, BY DEPLOYMENT MODEL
CHAPTER 6: DARK WEB INTELLIGENCE MARKET, BY ENTERPRISE SIZE
CHAPTER 7: DARK WEB INTELLIGENCE MARKET, BY INDUSTRY VERTICAL
CHAPTER 8: DARK WEB INTELLIGENCE MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Dark Web Intelligence Market," the dark web intelligence market was valued at $341.70 million in 2021, and is estimated to reach $2.30 billion by 2031, growing at a CAGR of 21.3% from 2022 to 2031.The global dark web intelligence market is expected to grow at a high rate due to rise in cyber fraud in recent years. The introduction of crypto currencies, such as Bitcoin and Etherium has boosted the demand for dark web intelligence solutions, as ransoms are paid in crypto currency due to its untraceable nature. Furthermore, technical advancements in the field of cyber-security, antivirus, and malware protection have had an impact on the Dark Web Intelligence Market Size, which is expected to create the need for dark web intelligence solutions for mobile devices. Thus, driving the growth of the market. In addition, industries are shifting businesses over cloud, as the popularity of cloud-based operations is growing significantly. Multiple technologies are publicly available that allow ransomware attackers to locate misconfigured cloud infrastructure on the Internet. As a result, it is critical for businesses to implement multilayer security solutions. Furthermore, robust dark web intelligence is critical in dealing with such issues.
On the basis of enterprise size, the large enterprises dominated the overall dark web intelligence industry in 2021 and is expected to continue this trend during the forecast period. There is an increase in the adoption of dark web intelligence in large enterprises to operate a business operation safely and securely. Furthermore, large enterprises are integrating their large volume of data in the cloud to augment their speed, accuracy, and value chain scalability, which is opportunistic for the market growth. However, the SME’s is expected to witness the highest dark web intelligence market growth in the upcoming year. The adoption of dark web intelligence is expected to increase to optimize the business capabilities of small & medium sized enterprises. Moreover, continuous rise in number of government initiatives through various digital SME campaigns throughout the world fuel the growth of the market.
Depending on industry vertical, the BFSI sector dominated the Dark Web Intelligence Market Share in 2021 and is expected to continue this trend during the forecast period. There is a fast acceleration in adoption of dark web intelligence in the BFSI sector. As it is the prime target of any cyber-attack due to an enormous quantity of critical value data (CVD) related to employees and clients. It has become essential for financial institutions to adopt dark web intelligence services to protect their data. However, IT and Telecom sector is expected to witness the highest growth in the Dark Web Intelligence Market Forecast period. The IT and Telecom businesses are moving toward digitization and technology initiatives motivated by the global pandemic, which is expected to provide lucrative growth opportunities for the dark web intelligence market in the upcoming years. Furthermore, powerful analysis tools and capabilities aid security analysts, threat hunters, and IT staff to evaluate and block follow-on attacks much more quickly. Such benefits drive the growth of the market.
The dark web intelligence market was valued at $341.70 million in 2022, and is projected to reach $2,300.10 million by 2031, registering a CAGR of 21.3%. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. The pandemic has caused recessionary economy that has forced various enterprises across the globe to dramatically and rapidly shift their operations. Industries around the globe are being severely affected by the COVID-19-induced recession; however, impact on the technology sector during the crisis was comparatively lesser than the rest of the economy. In addition, lockdowns have encouraged proliferation of emerging technologies, such as dark web intelligence. However, despite the financial fraud and cyber concern during the pandemic around the global, various organizations adopted dark web intelligence solution to tackle various cyber threat and enhance business operations. Furthermore, dark web intelligence enables end-to-end business operation management while improving business agility, streamlining processes, and securing the future of enterprises. For instance, in February 2021, Volante Global, a multi-class and multi-territory international managing general agent (MGA) platform, launched the innovative cyber ransomware solution, Cyber LockoutSM, which combines ransomware insurance cover with the latest cyber security technology. It is designed specifically to greatly reduce an organization’s exposure to malware attacks, including ransomware. Such developments are expected to enhance the growth of the market.
Key Findings of the Study
- By component, the solution segment dominated the dark web intelligence market in 2021. However, the services segment is expected to exhibit significant growth during the forecast period.
- On the basis of deployment mode, the on-premise segment dominated the Dark web intelligence market in 2021; However, the cloud segment is expected to witness the highest growth rate during the forecast period.
- Depending on organizational size, the large enterprises generated the highest revenue in 2021. However, the SMEs segment is expected to witness the highest growth rate in the near future.
- Depending on industry vertical, the BFSI industry generated the highest revenue in 2021. However, the IT and Telecom industry is expected to witness the highest growth rate in the near future.
- Region-wise, the Dark Web Intelligence Industry market was dominated by North America in 2021. However, Asia-Pacific is expected to witness significant growth in the coming years.
- This report gives an in-depth profile of some key market players in the dark web intelligence market, include Alert Logic, Blueliv, Carbonite, Inc., DarkOwl, Digital Shadows, Echosec, Enigma, Flashpoint, IntSights, KELA, NICE Actimize, Proofpoint, Inc., Searchlight Security, Sixgill, Terbium Labs, Verisign, and ZeroFox. This study includes market trends, Dark Web Intelligence Market Analysis, and future estimations to determine the imminent investment pockets.
Companies Mentioned
- Alert Logic
- Blueliv
- Carbonite, Inc.
- Darkowl
- Digital Shadows
- Echosec
- Enigma
- Flashpoint
- Intsights
- Kela
- Nice Actimize
- Proofpoint, Inc.
- Searchlight Security
- Sixgill
- Terbium Labs
- Verisign
- Zerofox
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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