Cognitive Security Market in IT & Telecommunication Market to see Major Growth by 2025| Intel Security,IBM Corporation, Cisco Systems
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Cognitive Security Market In IT & Telecommunication: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2025
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 Infoholic Research, the cognitive security market in IT & telecommunication is expected to reach $3.68 billion by 2025, 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 rapidly 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 (2019-2025) 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.
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Table of Contents
1 Industry Outlook 10
1.1 Industry Overview 10
1.2 Industry Trends 10
1.3 Pest Analysis 11
2 Report Outline 12
2.1 Report Scope 12
2.2 Report Summary 12
2.3 Research Methodology 14
2.4 Report Assumptions 14
3 Market Snapshot 15
3.1 Total Addressable Market (TAM) 15
3.2 Segmented Addressable Market (SAM) 15
3.2.1 Market Segmentation 17
3.3 Related Markets 17
3.3.1 Intrusion Detection System/ Intrusion Prevention System Market 17
3.3.2 Encryption Software Market 17
4 Market Outlook 17
4.1 Overview 18
4.2 Market Definition – Infoholic Research 18
4.3 Market Trends and Impact 18
4.4 Market Segmentation 19
4.5 Porter 5 (Five) Forces 19
5 Market Characteristics 21
5.1 Evolution 21
5.2 Value Chain 21
5.3 IT & Telecommunications Security Risks and Corresponding Solutions 21
5.4 Threat to IT & Telecommunication Organizations 22
5.5 Reasons for investment in IT & telecommunication security 22
5.6 Market Dynamics 23
5.6.1 Drivers 24
184.108.40.206 Rising cyber attacks 24
220.127.116.11 Growing cloud based software services 25
18.104.22.168 Increasing popularity of BYOD 25
22.214.171.124 Proliferation of connected devices 25
126.96.36.199 Rapid changes in technology 25
5.6.2 Restraints 26
188.8.131.52 Absence of common security platform 26
184.108.40.206 Lack of awareness about security solutions 26
220.127.116.11 High cost of security solutions 26
5.6.3 Opportunities 26
18.104.22.168 Opportunities in analytics 26
22.214.171.124 Huge investments in cybersecurity 27
126.96.36.199 Growth of machine learning 27
188.8.131.52 Growth of AI 27
5.6.4 DRO – Impact Ana
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