Market Scenario:
The Global Cognitive Security Market 2020 can expect to attain an approximate valuation of USD 10 Billion by 2023, believes Market Research Future (MRFR). MRFR adds in its latest study that the market can also progress at a rate of 19% between 2017 and 2023 (evaluation period). We will provide COVID-19 impact analysis with the report, along with all the key developments since the coronavirus disease outbreak.
The business impact of SARS-CoV-2 has been felt across diverse sections of the information technology industry, albeit at different levels. Companies in the technology sector that supply services for verticals like travel, retail, hospitality, and entertainment have noted a dramatic decrease in sales, while the firms that provide services related to remote worker solutions have observed the opposite. Global Cognitive Security Market fate post pandemic has been relatively less grim compared to Education Services (ES) and Professional Services (PS) that are mostly dependent on components that are generally on-site. Novel coronavirus has Global Cognitive Security Market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business. The Global Cognitive Security Market is bearing lesser impact of the COVID-19 outbreak compared to most other segments of the tech world.
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Competitive Outlook:
The leading industry players listed in the market study include Check Point Software Technologies (Israel), Intel Security (U.S.), CA Technologies, Inc. (U.S.), Fortinet, Inc. (California, U.S.), Cisco systems (U.S.), CSC (U.S.), Cato Networks (Israel), Symantec Corporation (U.S.), XTN (Italy), IBM Corporation (U.S.), and more.
Segmentation:
The cognitive security industry has been considered for deployment, organization size and vertical.
The deployment-wise segments are cloud and on-premise.
The organizations, size-wise, mentioned in the study are large enterprises and SMEs/small and medium enterprises.
Verticals that deploy cognitive security solutions include supply chain and logistics, IT & telecommunication, energy and power, healthcare, education and government, BFSI, and more. BFSI is the most significant vertical that uses cognitive security, as these solutions provide a number of advantages such as prevention techniques, automated threat intelligence, fraud analysis as well as investigation.
Regional Analysis:
Europe, Asia Pacific/APAC, North America, and Rest of the World/RoW are the key markets for cognitive security.
North America has secured the biggest share in the global market, as a result of the well-developed network infrastructure, prevalence of digitization and the high consumption of advanced technologies. The region is in the lead also because of the large number of leading players that have expertise in cognitive security. The market attractiveness is also the result of the BYOD trend that is quite common across enterprises.
The fastest expansion rate can be procured by the APAC market, since more and more enterprises are spending massively on research and development with regard to cognitive security. The expanding IT landscape along with the escalating uptake of internet of things, bring your own device and artificial intelligence technologies by enterprises can also induce major growth. India and China are progressively deploying cognitive security solutions given the surge in digitization and the developing industrialization rate, which can also drive the market demand in the region.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
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