Cognitive Security market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Cognitive Security market by region.
Cognitive security market in IT & telecommunication is expected to reach $3.68 billion by 2023 growing at a CAGR of 30.36% during the forecast period.
Cognitive Security Market In IT & Telecommunication: Global Drivers Restraints Opportunities Trends and Forecasts up to 2023
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Overview:The Cognitive Security Market in It & Telecommunication is defined as security that uses data mining machine learning natural language processing (NLP) and human-computer interface for securing data from cyber-attacks and virus. In addition the cognitive system even helps in analyzing the security developments and discrete the structured and unstructured information data into relevant information. It also provides security to businesses and helps in improving the productivity of the business. The increasing shift toward the use of cognitive security services for data storage of confidential and private data of an organization and the rise in employee mobility contribute to the need for cognitive security in IT & telecommunication.
With the increasing adoption of the cloud-based services in various business platforms such as enterprize business has led to the need to secure the information of organizations. The implementation of cloud-based cognitive security by small and medium enterprises is increasing rapidly and fuels the growth of the market.
Market Analysis:According to Reportocean Research the cognitive security market in IT & telecommunication is expected to reach $3.68 billion by 2023 growing at a CAGR of 30.36% during the forecast period. Cognitive security is widely being adopted across diverse set of industries for the protection of crucial information that includes public safety and utility companies. An increase in the adoption of the cloud-based services and the Internet across the IT & telecommunication sector the need to protect the data has irapidly increased.Furthermore the Americas is experiencing significant growth due to the developed infrastructure in the region boosting the cognitive security market followed by APAC and EMEA during the forecast period.
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Market Segmentation Analysis:The report provides a wide-range evaluation of the market. It provides an in-depth qualitative insights historical data and supportable projections and assumptions about the market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendors portfolio blogs whitepapers and vendors presentations. Thus the research report serves every side of the market and is segmented based on regional markets deployment organization size and end-users.
Countries and Vertical Analysis:The report contains an in-depth analysis of the vendor profiles which includes financial health business units key business priorities SWOT strategy and views; and competitive landscape. The key and the prominent vendors covered in the report include Intel Security XTN Symantec Corporation IBM Corporation Cisco Systems CA Technologies Inc. CSC Fortinet Inc. Cato Networks and Check Point Software Technologies. Most of the major players are in the Americas. The vendors have been identified based on the portfolio geographical presence marketing & distribution channels revenue generation and significant investments in R&D.
The counties covered in report are Canada the US China India Japan and Germany. Among these Japan the US and China are expected to grow at a high rate during the forecast period (2017-2023) owing to an increase in the penetration rate of e-commere connected devices and increasing number of data centers.
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Competitive AnalysisThe report covers and analyzes the cognitive security market. Various strategies such as joint ventures partnerships collaborations and contracts have also been included accordingly. In addition as customers are in search for better solutions a rising number of partnerships is expected. There is likely to be an increase in the number of mergers acquistions and strategic partnership during the forecast period.
The report includes a complete insight of the industry and aims to provide an opportunity for the emerging and established players to understand the market trend current scenario initiative taken by government and the latest technology related to the market. In addition it also helps the venture capitalists in understanding the companies better and take informed decisions.
Regional AnalysisThe Americas is the dominating region which holds the largest share for of the cognitive security market owing to the high adoption of cloud security by small and medium size enterprises as the benefits and cost factors are advantageous. In addition they have the largest base for technological innovations and adoption and are primarily one of the global producers of automation equipment and is home to several domestic industries.
Asia Pacific is among the fastest growing markets for cognitive security. The region boasts of major developing economies with focus on the increasing data centers and the growing penetration rate of connected devices across this region. In addition the government is focused on ICT infrastructure development owing to the increasing demand for safety and security of information. EMEA is the third largest contributor to the cognitive security market due to the increasing demand from the IT industries. The companies are utilizing IoT analytics cloud and various tools to differentiate their services.
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Cloud-based solution is the major driving factor in the region. The proliferation of connected devices such as smartphones tablets laptops and drones is driving the market in the region. The major telecommunication industries are also partnering with cognitive security vendors to secure their products and services. Thus the Cognitive Security Market in IT & Telecommunication is expected to witness significant growth in this region.
Benefits
The report provides an in-depth analysis of the cognitive security market aiming to secure the data and services reduce operational cost improve business efficiency and operational performance. With the help of cognitive security various organizations can increase the productivity and efficiency and can ensure the protection of the data. They can easily be integrated with other applications. They can be installed either on-premises or even through the network of the vendors. In addition the solutions are proven to be reliable and improves scalibility. The report discusses about the organization size deployment mode end-users and regions. Further the report provides details about the major challenges impacting the market growth.
Region/Country Cover in the Report
Regions-Canada the US China India Japan and Germany. Among these Japan the US and China
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Key Players Covered in the Report
Regions- Intel Security XTN Symantec Corporation IBM Corporation Cisco Systems CA Technologies Inc. CSC Fortinet Inc. Cato Networks and Check Point Software Technologies
This report covers aspects of the regional analysis market.The report includes data about North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.This report analyzes current and future market trends by region, providing information on product usage and consumption.Reports on the market include the growth rate of every region, based on their countries over the forecast period.
What factors are taken into consideration when assessing the key market players?
The report analyzes companies across the globe in detail.The report provides an overview of major vendors in the market, including key players.Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.This report includes a comparison of market competitors and a discussion of the standpoints of the major players.Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.
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What are the key findings of the report?This report provides comprehensive information on factors expected to influence the market growth and market share in the future.The report offers the current state of the market and future prospects for various geographical regions.This report provides both qualitative and quantitative information about the competitive landscape of the market.Combined with Porters Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.
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