Global Cognitive Security Market Overview:
Cognitive security comprises services and solutions which provide security are to analyze the structure and unstructured security data. These security solutions identify the patterns and exceptions to give actionable information. It is integrated with AI technology which detects the threat and protects the physical and digital systems. It reduces the false positive, subtle changes ad identifies the anomalies with speed and accuracy of the breach detection. Some of the players profiled in the study are IBM (United States), Cisco Systems, Inc. (United States), Check Point (Israel), DXC Technology (United States), Fortinet (United States), Trend Micro Inc (Japan), Securonix, Inc. (United States), Cybraics, Inc. (United States), Darktrace (United Kingdom), McAfee Corp. (United States), Arista Networks (United States) and XTN Cognitive Security (United States).
On the basis of geography, the market of Cognitive Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Solution will boost the Cognitive Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Cognitive Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. BFSI will boost the Cognitive Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Threat and Privacy Related Concerns in Various Industries
- Demand for Managing the Complex Threat Detection and Analytics with Incident Qualification
- Integration of Artificial Intelligence Technologies in Cognitive Security
- Cognitive Computing has a Significant Challenge Concerning Data Security
- Optimizing Operational Security Resources will Boost the Cognitive Security
- Regulatory Compliance with Cognitive Security
Key Market Developments:
On 11th May 2020, XTN Cognitive Security, the provider of Behavioral-based Threat and Omnichannel Fraud Protection solutions, has entered into a Partnership Agreement with AK Networks, a technology reseller and services provider in Brazil with a strong presence in the area of networking, infrastructure, cloud, and security. and On 8th October 2020, Tata Consultancy Services leading global IT services, consulting, and business solutions organization, announced the launch of 10 new Threat Management Centers across the globe, that will focus on providing cybersecurity services to its enterprise customers.
On 28th September 2020, Arista Networks, a leader in cognitive cloud networking, announced that it has entered into a definitive agreement to acquire Awake Security, a Network Detection and Response (NDR) platform provider that combines artificial intelligence (AI) with human expertise to autonomously hunt and respond to insider and external threats.
Cognitive Security Provider, Cognitive Security Industry Association, Cognitive Security Solution Developer, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Cognitive Security market on the basis of product [Physical Security and Cybersecurity] , application [Threat Intelligence, Anomaly Detection and Risk Mitigation, Automated Compliance Management and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Cognitive Security market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Cognitive Security industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Cognitive Security market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.