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The Latin America, Middle East and Africa Cognitive Security Market would witness market growth of 36.6% CAGR during the forecast period (2017-2023). Growing cases of security breaches and cyber-attacks, and growing adoption of the Internet of Things (IoT) and Bring Your Own Device (BYOD) trends are the key factors that drive the growth of the market during the forecast period. Nevertheless, lack of skilled security professionals would be a factor that would limit the growth of the cognitive security market. The aforementioned threats put organizations to risk of great losses; and as result, driving the need for effective cognitive security solutions.
Based on Type, the Cognitive Security market segments the market into Solution and Services. Solution type includes Unified Log Manager & Data Catalog, Real-Time Security Analytics & Visualization Platform, Biometric Recognition, and Others. Service type includes Professional and Managed Services. Based on Application Area, the market report segments the market into Anomaly Detection & Risk Mitigation, Automated Compliance Management, Threat Intelligence, and Others. Based on Organization Size, the Cognitive Security market segments the market into Small & Medium Enterprises and Large Enterprises. Based on Security Type, the market report segments the market into Physical Security and Cybersecurity.Based on Vertical, the Cognitive Security market segments the market into BFSI, Government & Defense, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Education, and Others. Based on Countries, the Cognitive Security market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa Cognitive Security Market.
Key companies profiled in the report include 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.