The analysts forecast the global cognitive security market to grow at a CAGR of 22.44% during the period 2018-2022.
Cognitive security applies artificial intelligence techniques along with machine learning to uncover new patterns. It analyzes security-related structured and unstructured data to understand, reason, and learn about constantly evolving threats as well as build security instincts and expertise for analysts at a faster scale and with high accuracy.
The report covers the present scenario and the growth prospects of the global cognitive security market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of cognitive security solutions across end-user industries including BFSI, healthcare, government, ICT, retail, and others.
The latest trend gaining momentum in the market is the high growth in demand for artificial intelligence and machine learning. With constantly evolving technologies intended to ease human efforts intellectually and physically, the growth in demand for AI and machine learning is expected to drive the economic growth for all countries, especially the developed economies in future.
One of the major drivers for this market is the increase in adoption of cloud-based services. These services are being adopted at faster rate for authentication processes, video management systems, storing biometrics information. Sectors such as financial service and healthcare are using cognitive security solutions to keep the data secure on cloud for these firms.
The report states that one of the major factors hindering the growth of this market is the high deployment cost of cognitive security solutions. Owing to the cost of these solutions, SMEs have financial constraints restraining them from adopting these solutions.
- Intel Corporation
- Symantec Corporation
- Check Point Software Technologies
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/3tkg6q/global_cognitive?w=4