Categories: Market Research

Cognitive Operations Market Size and Forecast 2024-2033| Alphabet Inc., Microsoft Corporation, AppDynamics, International Business Machines Corporation (IBM), Cisco Systems Inc

The Cognitive Security Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Cognitive Security Market:

https://www.thebusinessresearchcompany.com/report/cognitive-security-global-market-report

According to The Business Research Company’s Cognitive Security Global Market Report 2024, The cognitive security market size has grown exponentially in recent years. It will grow from $13.63 billion in 2023 to $18.88 billion in 2024 at a compound annual growth rate (CAGR) of 38.5%.  The  growth in the historic period can be attributed to advancements in artificial intelligence (AI), industry-specific applications, data explosion and big data analytics, increased computational power, automation and efficiency.

The cognitive security market size is expected to see exponential growth in the next few years. It will grow to $61.25 billion in 2028 at a compound annual growth rate (CAGR) of 34.2%.  The growth in the forecast period can be attributed to exponential growth of data, enhanced natural language processing (nlp), ai-powered personalization, healthcare industry transformation, explanable ai and trust. Major trends in the forecast period include cross-industry collaboration, exponential growth in data volume, emphasis on explainable ai (xai), integration of cognitive systems in edge computing, cross-industry adoption, focus on cognitive automation.

The rising number of cyberattacks and security breaches is expected to propel the growth of the cognitive security market going forward. Cyberattacks and security breaches refer to unauthorized access, disruption, or damage to computer systems, networks, or the information stored within them. Cognitive security is used to defend against cyberattacks and security breaches by applying AI and machine learning techniques to identify, detect, and counteract cyber threats. For instance, in January 2024, according to AAG Solutions LLC, a US-based technology services company that provides cloud technology solutions, global cyberattacks increased by 81% in 2022 compared to 2021, and the 2022 cyber breach cost increased to $4.35 million. Further, it is estimated that cybercrime is expected to cost the global economy $7 trillion in 2022, with the figure rising to $10.5 trillion by 2025. Therefore, the rising number of cyberattacks and security breaches is driving the cognitive security market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=13622&type=smp

The cognitive security market covered in this report is segmented –

1) By Component: Solution, Service

2) By Security Type: Physical Security, Cybersecurity, Network Security, Cloud Security, Application Security, Endpoint Security

3) By Application: Threat Intelligence, Anomaly Detection And Risk Mitigation, Automated Compliance Management, Other Applications

4) By Industry Vertical: Aerospace And Defense, Government, Banking Financial Services And Insurance (BFSI), IT And Telecom, Healthcare, Retail, Manufacturing, Energy And utilities, Other Industry Verticals

Major companies operating in the cognitive security market are focusing on innovative advancements such as cognitive security capability to strengthen their competitive position and address the evolving threat landscape. Cognitive security capability refers to the cybersecurity practice that applies artificial intelligence (AI) and machine learning (ML) techniques and technologies to enhance threat detection. For instance, in September 2023, Linksys Holdings, Inc., a US-based networking hardware company, announced the new Cognitive Security capability, which aims to optimize user devices online and ensure secure WiFi usage. It is designed to be a practice that leverages artificial intelligence (AI) and machine learning (ML) techniques and technologies to enhance threat detection, understand the context behind threats, identify threat patterns, and interact with other machines. Additionally, these features aim to improve cyber defense capabilities, adapt to the ever-evolving threat landscape, and make informed decisions by analyzing large amounts of data collected from various sources.

The cognitive security market report table of contents includes:

1. Executive Summary

2. Cognitive Security Market Characteristics

3. Cognitive Security Market Trends And Strategies

4. Cognitive Security Market – Macro Economic Scenario

5. Global Cognitive Security Market Size and Growth

.

.

.

26. South America Cognitive Security Market

27. Brazil Cognitive Security Market

28. Middle East Cognitive Security Market

29. Africa Cognitive Security Market

30. Cognitive Security Market Competitive Landscape And Company Profiles

Top Major Players:

  • Google LLC
  • Dell Technologies Inc
  • Intel Corporation
  • International Business Machines Corporation
  • Cisco Systems Inc

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

12 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

12 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

12 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

12 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

12 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

13 hours ago