Cognitive Security Market in IT & Telecommunication – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

  • Product Code:
  • Published Date:
    Apr 2019
  • Region:
  • Pages:
  • Category:
    ICT & Telecom
  • Publisher:
    Infoholic Research
Cognitive Security Market In IT & Telecommunication: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023
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.
Market Analysis:
According to Infoholic Research, the cognitive security market in IT & telecommunication is expected to reach $3.68 billion by 2023, 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 irapidly 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 (2017-2023) owing to an increase in the penetration rate of e-commere, connected devices, and increasing number of data centers.
Competitive Analysis
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.
Regional Analysis
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.
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 Rising cyber attacks 24 Growing cloud based software services 25 Increasing popularity of BYOD 25 Proliferation of connected devices 25 Rapid changes in technology 25
5.6.2 Restraints 26 Absence of common security platform 26 Lack of awareness about security solutions 26 High cost of security solutions 26
5.6.3 Opportunities 26 Opportunities in analytics 26 Huge investments in cybersecurity 27 Growth of machine learning 27 Growth of AI 27
5.6.4 DRO – Impact Analysis 28
6 Segmentation by Deployment 29
6.1 Overview 29
6.2 Cloud 29
6.3 On Premise 30
7 Segmentation by End-user 32
7.1 Overview 32x`
7.2 ISP 33
7.3 NSP 33
7.4 Mobile and telecom operators 35
8 Segmentation by Organization Size 36
8.1 Overview 36
8.2 SMEs 37
8.2.1 Market Size and Analysis 37
8.3 Large Enterprises 37
8.3.1 Market Size and Analysis 37
9 Regions: Market Size and Analysis 39
9.1 Overview 39
9.2 America 40
9.2.1 Market size and Analysis 40
9.2.2 DRO for America 41
9.2.3 US 42
9.2.4 Canada 43
9.3 EMEA 43
9.3.1 Market Size and Analysis 44
9.3.2 DRO for Europe 44
9.3.3 UK 46
9.3.4 Germany 46
9.3.5 France 46
9.4 APAC 46
9.4.1 Market size and Analysis 47
9.4.2 DRO for APAC 47
9.4.3 India 48
9.4.4 China 49
9.4.5 Japan 49
10 Competitive Landscape 49
10.1 Vendor Assessment 49
11 Vendor Profiles 51
11.1 Cisco Systems, Inc. 51
11.1.1 Overview 51
11.1.2 Business Units 52
11.1.3 Geographic Revenue 52
11.1.4 Business Focus 53
11.1.5 SWOT Analysis 53
11.1.6 Business Strategy 54
11.2 IBM Corp. 55
11.2.1 Overview 55
11.2.2 Business Units 56
11.2.3 Geographic Revenue 56
11.2.4 Business Focus 57
11.2.5 SWOT Analysis 57
11.2.6 Business Strategy 58
11.3 Symantec Corp. 59
11.3.1 Overview 59
11.3.2 Business Units 60
11.3.3 Geographic Revenue 61
11.3.4 Business Focus 62
11.3.5 SWOT Analysis 62
11.3.6 Business Strategy 63
11.4 Intel Corporation 64
11.4.1 Business Units 65
11.4.2 Geographic Presence 66
11.4.3 Business Focus 67
11.4.4 SWOT Analysis 67
11.4.5 Business Strategy 68
12 Other Prominent 68
12.1 CA Technologies 68
12.1.1 Overview 68
12.1.2 CA Technologies Market 69
12.1.3 CA Technologies in Cognitive security in IT & Telecommunication market 69
12.2 Fortinet Inc. 70
12.2.1 Overview 70
12.2.2 Fortinet Inc. Market 70
12.2.3 Fortinet Inc. in Cognitive Security in IT & Telecommunication Market 71
12.3 Cato Networks 71
12.3.1 Overview 71
12.3.2 Cato Networks in Cognitive Security in IT & Telecommunication Market 71
12.4 Check Point Software Technologies 71
12.4.1 Overview 71
12.4.2 Check Point Software Technologies 71
12.4.3 Check Point Software Technologies in Cognitive Security in IT & Telecommunication Market 72
12.5 XTN 73
12.5.1 Overview 73
12.5.2 XTN in Cognitive Security in IT & Telecommunication Market 73
Annexure 74
 Abbreviations 74

Please enter your personal details below
I want to buy this report
I am willing to know the scope of research
I have customized query over this report
Regions- Intel Security, XTN, Symantec Corporation, IBM Corporation, Cisco Systems, CA Technologies, Inc., CSC, Fortinet, Inc., Cato Networks, and Check Point Software Technologies
Please enter your personal details below
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

Related Reports