Cognitive Security in IT & Telecom Market to Enjoy Exponential Uptake to 2023, Predicts Infoholic Research in Report Available at MarketPublishers.com21 Dec 2017 • by Natalie Aster
LONDON – The adoption of cognitive security is gaining traction across various industries, as it helps to protect crucial information. In the wake of the rising need to protect data, the adoption of cognitive security is on the rise in the IT & telecommunications sector, driven by the rising penetration of cloud-based services and Internet in this sector. The cognitive security in IT & telecommunications market is set to exhibit exponential uptake at a 30.36% CAGR during 2017-2023 to cross the value of USD 3.68 billion.
The Americas form the dominant regional market for cognitive security; this is majorly attributed to the high adoption of cloud security by medium and small size companies given the advantageous benefits and cost factors. Meantime, APAC is amid the most rapidly-evolving markets for cognitive security, fueled by the robust development of the emerging economies in the region, increasing number of data centers and the rising penetration of connected devices.
The topical research study “Cognitive Security Market In IT & Telecommunication: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023” drawn up by Infoholic Research provides access to a profound analysis of the world’s cognitive security in IT & telecommunications market and offers premium-quality qualitative and quantitative data on the market performance (historical, present and forecast). Besides, this report traces light on the market dynamics and reviews the key forces hindering and driving the market growth, discusses the top trends and also investigates the actual situation across the major geographical markets and discloses reliable statistics. Furthermore, the study delves into the competitive environment, profiles the leading players, identifies the emerging growth opportunities and covers the key barriers and challenges. In addition, this study contains future forecasts through to 2023.
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