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DATE
APR 2021
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HIGHLIGHTS & REPORT INDEX
Global Cognitive Security Market to Reach $30.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Cognitive Security estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$30.9 Billion by 2026, growing at a CAGR of 34% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record a 27.6% CAGR and reach US$18.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 42% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2 Billion in 2021, While China is Forecast to Reach $4.8 Billion by 2026
The Cognitive Security market in the U.S. is estimated at US$2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2026 trailing a CAGR of 33.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.7% and 29.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 23.8% CAGR.
SELECT PLAYERS
Acalvio Technologies, Inc.; Amazon Web Services, Inc.; CA Technologies, Inc.; Check Point Software Technologies Ltd.; Cisco Systems, Inc.; Cybraics, Inc.; Cylance Inc.; Darktrace Ltd.; Deep Instinct Ltd.; Demisto Inc.; DXC Technology Company; Expert System S.P.A.; Feedzai Inc.; Fortinet, Inc.; Google, Inc.; High-Tech Bridge SA; IBM Corporation; Logrhythm, Inc.; McAfee LLC; Securonix, Inc.; Sift Science, Inc.; SparkCognition, Inc.; Symantec Corporation; ThreatMetrix, Inc.; Trend Micro, Inc.; XTN
SEGMENTS
» Application (Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management, Other Applications) » Component (Solutions, Services)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| Cognitive Security: A Prelude |
| Bright Prospects Ahead for Cognitive Security Market |
| Far Reaching Benefits Set the Stage for Wider Adoption of Cognitive Security |
| Rapidly Evolving Role of Cognitive Computing in Global IT Ecosystem Creates Parallel Opportunities |
| A Look into High-Growth Business Applications of Cognitive Computing |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| Steep Increase in the Number of Cyber Attacks and Data Breaches Build Robust Business Case for Cognitive Security |
| Spending on Cyber Security Soars Amid Escalating Cost of Cybercrime |
| Table: List of Biggest Data Breaches (in terms of Impact on Million User Accounts) |
| Table: Breakdown of Top 10 Countries Affected by Targeted Cyber Attacks During 2015 and 2018 |
| Table: Percentage Breakdown of Data Breach Incidents by Type for the Year 2018 |
| Table: Number of Identity Thefts (in Millions) and Financial Damages (in US$ Billion) in the US for the Years 2012 through 2018 |
| Growing Apprehensions over BYOD as the Weakest Link in Enterprise Security Spurs Uptake of Cognitive Security |
| A Note on Role & Importance of BYOD in Modern Enterprise Environments |
| Table: Percentage Breakdown of Worldwide BYOD Spending by End-Use Industry for the Year 2018 |
| Massive Increase in Uptake of IoT and Parallel Expansion in IoT Security Needs Create Fertile Environment |
| A Look into IoT Spending Scenario |
| Table: Worldwide IoT Spending in US$ Billion for the Years 2018 through 2022 |
| Table: Percentage Breakdown of Worldwide IoT Spending by End-Use Industry for the Year 2019 |
| Table: Worldwide IoT Spending: End-Use Industries Ranked by CAGR (Value) for 2018-2022 |
| A Review of Recent Industry Activity in Cognitive Security Marketplace |
| EY to Launch Advanced Security Operations Centres in India Leveraging IBM's Cognitive Offerings |
| Elysium Analytics Rolls Out Cognitive SIEM |
| Acceptto Unveils Cognitive Authentication for Identity Security |
| The League of AI Establishes Cognitive AI Cyber Security Lab |
| SlashNext Introduces Anti-Social-Engineering Cognitive Security Suite |
| IBM Security Rolls Out Watson for Cyber Security to Power Cognitive SOCs |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Cognitive Security by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Cognitive Security by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 |
| World Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Threat Intelligence by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Threat Intelligence by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Anomaly Detection & Risk Mitigation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Anomaly Detection & Risk Mitigation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Automated Compliance Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Automated Compliance Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| USA Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| CANADA |
| Canada Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Canada Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| JAPAN |
| Japan Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Japan Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| CHINA |
| China Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| China Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| EUROPE |
| Europe Current & Future Analysis for Cognitive Security by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Cognitive Security by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 |
| Europe Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Europe Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| France Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| GERMANY |
| Germany Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Germany Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| ITALY |
| Italy Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Italy Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| UNITED KINGDOM |
| UK Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| UK Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Rest of Europe Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Asia-Pacific Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| REST OF WORLD |
| Rest of World Current & Future Analysis for Cognitive Security by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Cognitive Security by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027 |
| Rest of World Current & Future Analysis for Cognitive Security by Application - Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Cognitive Security by Application - Percentage Breakdown of Value Sales for Threat Intelligence, Anomaly Detection & Risk Mitigation, Automated Compliance Management and Other Applications for the Years 2020 & 2027 |
| IV. COMPETITION |
| Total Companies Profiled: 14 |
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