The Global Cognitive Security Industry is expected to reach a market size of $16.2 billion by 2023 according to this research report.
According to a new report Global Cognitive Security Market, published by KBV research, the Global Cognitive Security Market size is expected to reach $16.2 billion by 2023, rising at a market growth of 32% CAGR during the forecast period.
The North America market holds the largest market share in Global Unified Log Manager & Data Catalog Solution Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 26.8 % during the forecast period. The Europe market is expected to witness a CAGR of 29% during (2017 – 2023) in Global Real-Time Security Analytics & Visualization Platform Market.
Additionally, The Asia Pacific market is expected to witness a CAGR of 32.6% during (2017 – 2023) in Global Biometric Recognition Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years.
The major strategies followed by the market participants are Product launches and Partnerships & Collaborations.
The Anomaly Detection & Risk Mitigation market holds the largest market share in Global Cognitive SecurityMarket by Application in 2016 and would continue to be a dominant market till 2023. The Automated Compliance Management market is expected to witness a CAGR of 32.3% during (2017 – 2023).
Additionally, The Threat Intelligence market is expected to witness a CAGR of 33.3% during (2017 – 2023).Source: KBV Research Analysis, Company Publications and Secondary Research
The BFSI market holds the largest market share in Global Cognitive Security Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 29.6 % during the forecast period. The Healthcare market is expected to witness a CAGR of 33.4% during (2017 – 2023).
Additionally, The Retail market would garner market size of $1,342.8 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Cognitive Security Market have been discussed in the report with the competition analysis and elaborated company profiles of IBM Corporation, Cisco Systems, Inc., CA Technologies, Inc., Symantec Corporation, DXC Technology, Trend Micro, Inc., Fortinet, Inc., Amazon.com, Inc.
(Amazon Web Services), Logrhythm, Inc., and Check Point Software Technologies Ltd.
Global Cognitive Security Market Size Segmentation
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