Threat Intelligence Market Projected to Reach $26.68 Billion by 2031
The global threat intelligence market is projected to nearly double by 2031. Quantum Secure Encryption Corp. has appointed Joseph Hall, a veteran in the field, as its Chief Intelligence Officer.
The global market for threat intelligence is forecast for substantial growth over the next five years. MarketsandMarkets projects the market will expand from $13.15 billion in 2026 to $26.68 billion by 2031, representing a compound annual growth rate of 15.2 percent.
This growth occurs amid a dynamic cybersecurity landscape, with major players like CrowdStrike, Palo Alto Networks, Fortinet, and SentinelOne reporting activity related to AI-driven threats and defenses. Such developments underscore the increasing importance of actionable threat intelligence for organizations seeking to understand and counter cyber adversaries.
Vancouver-based Quantum Secure Encryption Corp. (QSE) announced on September 30, 2026, the appointment of Joseph Hall as its Chief Intelligence Officer. Hall brings over 20 years of experience in frontline cybersecurity and threat intelligence, including prior roles at Infoblox and Fortinet. His appointment is expected to bolster QSE's commercial execution and customer support capabilities, particularly for enterprise and public sector clients.
Hall will collaborate with Chief Technology Officer Michael Massing. QSE focuses on post-quantum encryption and data security solutions designed to protect sensitive information from current and future quantum-enabled threats. The company also announced the issuance of stock options and restricted share units to employees.