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.
According to this 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.
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.
The 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.
The 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.
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.
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.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.2.1 Market Segmentation
3.3 Related Markets
3.3.1 Intrusion Detection System/ Intrusion Prevention System Market
3.3.2 Encryption Software Market
4 Market Outlook
4.2 Market Definition
4.3 Market Trends and Impact
4.4 Market Segmentation
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.2 Value Chain
5.3 IT & Telecommunications Security Risks and Corresponding Solutions
5.4 Threat to IT & Telecommunication Organizations
5.5 Reasons for investment in IT & telecommunication security
5.6 Market Dynamics
22.214.171.124 Rising cyber attacks
126.96.36.199 Growing cloud based software services
188.8.131.52 Increasing popularity of BYOD
184.108.40.206 Proliferation of connected devices
220.127.116.11 Rapid changes in technology
18.104.22.168 Absence of common security platform
22.214.171.124 Lack of awareness about security solutions
126.96.36.199 High cost of security solutions
188.8.131.52 Opportunities in analytics
184.108.40.206 Huge investments in cybersecurity
220.127.116.11 Growth of machine learning
18.104.22.168 Growth of AI
5.6.4 DRO – Impact Analysis
6 Segmentation by Deployment
6.3 On Premise
7 Segmentation by End-user
7.1 Overview 32x`
7.4 Mobile and telecom operators
8 Segmentation by Organization Size
8.2.1 Market Size and Analysis
8.3 Large Enterprises
8.3.1 Market Size and Analysis
9 Regions: Market Size and Analysis
9.2.1 Market size and Analysis
9.2.2 DRO for America
9.3.1 Market Size and Analysis
9.3.2 DRO for Europe
9.4.1 Market size and Analysis
9.4.2 DRO for APAC
10 Competitive Landscape
10.1 Vendor Assessment
11 Vendor Profiles
11.1 Cisco Systems, Inc.
11.1.2 Business Units
11.1.3 Geographic Revenue
11.1.4 Business Focus
11.1.5 SWOT Analysis
11.1.6 Business Strategy
11.2 IBM Corp.
11.2.2 Business Units
11.2.3 Geographic Revenue
11.2.4 Business Focus
11.2.5 SWOT Analysis
11.2.6 Business Strategy
11.3 Symantec Corp.
11.3.2 Business Units
11.3.3 Geographic Revenue
11.3.4 Business Focus
11.3.5 SWOT Analysis
11.3.6 Business Strategy
11.4 Intel Corporation
11.4.1 Business Units
11.4.2 Geographic Presence
11.4.3 Business Focus
11.4.4 SWOT Analysis
11.4.5 Business Strategy
12 Other Prominent
12.1 CA Technologies
12.1.2 CA Technologies Market
12.1.3 CA Technologies in Cognitive security in IT & Telecommunication market
12.2 Fortinet Inc.
12.2.2 Fortinet Inc. Market
12.2.3 Fortinet Inc. in Cognitive Security in IT & Telecommunication Market
12.3 Cato Networks
12.3.2 Cato Networks in Cognitive Security in IT & Telecommunication Market
12.4 Check Point Software Technologies
12.4.2 Check Point Software Technologies
12.4.3 Check Point Software Technologies in Cognitive Security in IT & Telecommunication Market
12.5.2 XTN in Cognitive Security in IT & Telecommunication Market