Cognitive Security Market Tremendous Growth to 2027 | Accenture, BlackBerry, Cisco Systems, Deep Instinct, High-Tech Bridge, IBM

The cognitive security involves the application of artificial intelligence on human thought processes for threat detection as well as protection of physical and digital systems. It is particularly helpful in addressing cyber-attacks that manipulate human perception. The growing demand for cloud-based businesses in developed as well as developing countries showcase the need of distinctive technologies for preventing potential cybercrimes. Cognitive security is gaining traction in various areas such as healthcare, retail, government, BFSI, and education.

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The Major Market Player Included in This Report are:

– Accenture plc
– BlackBerry Limited
– Cisco Systems, Inc.
– Deep Instinct Ltd.
– High-Tech Bridge SA
– IBM Corporation
– IKS TN Srl
– LogRhythm, Inc.
– McAfee, LLC
– Securonix, Inc.

The cognitive security market is anticipated to boost in the forecast period owing to the ever-increasing number of security breaches coupled with the rapid adoption of internet of things (IoT). Additionally, the need for proactive security measures is yet another factor driving the market growth. However, limited security budgets are acting as a hindrance for the growth of the cognitive security market during the forecast period. Nevertheless, adoption of social media platforms for various business functions and regulatory and compliance mandates create lucrative growth opportunities for the players operating in the cognitive security market in future.

The “Global Cognitive Security Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of cognitive security market with detailed market segmentation by component, type, application, industry vertical, and geography. The global cognitive security market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cognitive security market players and offers key trends and opportunities in the market.

The global cognitive security market is segmented on the basis of component, type, application, and industry vertical. By component, the market is segmented into solution and services. Based on type, the market is segmented as cybersecurity, cloud security, endpoint security, application security, network security, and others. On the basis of the application, the market is segmented as threat intelligence, automated compliance management, anomaly detection and risk mitigation, and others. The market on the basis of the end user is classified as BFSI, IT & telecommunications, aerospace & defense, manufacturing, retail, healthcare, government, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cognitive security market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cognitive security market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting cognitive security market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the cognitive security market in these regions.

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The reports cover key developments in the cognitive security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from cognitive security market are anticipated to lucrative growth opportunities in the future with the rising demand for cognitive security in the global market. Below mentioned is the list of few companies engaged in the cognitive security market.

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