Cognitive Security Market Highlights:
On the basis of regional analysis the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America region is generating highest market share in the Cognitive Security Market owing to better network infrastructure, digitization and higher technology implementation.
Digitization in North America is mainly due to the invention of advanced technology and economies benefitting from it. North America region is leading due to presence of major players from the region in the cognitive security market. The implementation of cloud based cognitive security solutions by both small and medium enterprises is increasing rapidly, especially one into banking and finance. The cognitive security is gaining demand as organization seek to increase their business productivity by shifting from on-premise to cloud based. The initial low cost, saving amount spent on infrastructure, automatic software upgrading and seamless integration is driving the market of cloud based cognitive security solution.
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Major Key Players:
The prominent players in the cognitive security market are – XTN (Italy), Intel Security (U.S.), Symantec Corporation (U.S.), IBM Corporation (U.S.), Cisco systems (U.S.), CA Technologies, Inc. (U.S.), CSC (U.S.), Fortinet, Inc. (California, U.S.), Cato Networks (Israel), Check Point Software Technologies (Israel) among others.
Cognitive Security Market Segmentation:
The cognitive security market has been segmented on the basis of deployment, organization size and vertical. In North America region there is high adoption of cloud security by small and medium size enterprises owing to dynamic benefits and cost factor.
The developed infrastructure in the region is significant factor boosting the cognitive security market. By vertical, BFSI accounts for largest market share in the region owing to its numerous benefits that includes automated threat intelligence and prevention techniques, fraud analysis and investigation.
Market Research Analysis:
The cognitive security market in North America region is growing due to high adoption of cognitive systems by enterprise and need to improve cyber security in organizations. Changing banking regulation, that requires changes in documents and financial transaction is driving the market in the region. According to the study, the cognitive security market will remain steady in Europe region. Asia-Pacific market is estimated to be one of the fastest growing market as enterprises are continuously investing into research and development of cognitive security market. Increasing IT landscape is boosting the market in the region.
The region is witnessing high adoption of internet of things and bring your own device technology by enterprises. Developing countries such as India and China are adopting cognitive security systems at a large scale owing to increasing IT infrastructure, digitization and robust industrialization that is boosting the market in the region. By vertical segment, BFSI and IT & telecommunication sector is driving the cognitive security market. The region is witnessing high growth in cognitive security market due to growing technological advancement in cloud, analytics and mobile technologies.
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
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List of Tables
Table 1 Cognitive Security Market, By Deployment
Table 2 Cognitive Security Market, By Organization Size
Table 3 Cognitive Security Market, By Vertical
Table 4 Cognitive Security Market, By Region
Table 5 North America Cognitive Security Market, By Deployment
Continued…
List of Figures
Figure 1 Research Type
Figure 2 Cognitive Security Market: By Deployment (%)
Figure 3 Cognitive Security Market: By Organization Size (%)
Figure 4 Cognitive Security Market: By Vertical (%)
Figure 5 Cognitive Security Market: By Region (%)
Continued…
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