To identify growth opportunities in the cognitive security market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2017-2022. EMEA will grow faster than the overall market. The growth of APAC and the Americas will be slower than the global market.
Below are some of the key findings from the cognitive security market research report:
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Global cognitive security industry overview
Globally, an enormous amount of security-related data is being generated on a daily basis. More than 80% of this data is unstructured in nature and most of it remains untapped with respect to analysis. Cognitive security based on machine learning (MI) and artificial intelligence (AI) helps analyze security-related structured and unstructured data to discover patterns and predict cyberattacks. The process also involves training a new generation of cognitive systems to understand, reason, and learn about constantly evolving threats and taking steps to prevent cyber attacks before they occur. Therefore, the ability of cognitive security to detect and prevent cyber attacks will fuel the cognitive security market growth during the forecast period.
The high growth in demand for artificial intelligence and machine learning will be one of the key cognitive security market trends that will impact market growth during the forecast period. The investments in AI and machine learning has increased significantly with the intent to increase the accessibility of data through different segments and business sources. The number of connected devices is increasing at a significant rate, which shows that the security-related data are multiplying every day. The expansion of this generated data is propelling the growth of the machine learning industry. This will drive the growth of the cognitive security market during the forecast period.
Top cognitive security companies covered in this market research report
The cognitive security market is fairly concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this cognitive security market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several cognitive security companies, including:
- IBM
- Intel Corporation
- Symantec Corporation
- Dell
- Cisco
- Check Point Software Technologies
Cognitive security market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest cognitive security market share throughout the forecast period. The market growth in the Americas is primarily due to the presence of many prominent vendors in the region such as IBM, Intel Corporation, Symantec Corporation, CA Technologies, and Cisco.
Cognitive security market segmentation based on end-user
- BFSI
- Healthcare
- Retail and others
- ICT
- Government
The BFSI segment will account for the largest share of the cognitive security market. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the cognitive security market size.
Key highlights of the global cognitive security market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cognitive security market during the next five years
- Precise estimation of the global cognitive security market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cognitive security industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of cognitive security companies
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