The rise in the adoption of social media platforms in several business functions is anticipated to enhance the development of the cognitive security market in the next few years. Moreover, the development of the market for the cloud-based businesses is another key factor that is predicted to ensure the market development in the coming few years.

On the other hand, the lack of skilled security personnel and the restricted security budgets are projected to inhibit the growth of the cognitive security market over the next few years. Nevertheless, the rising trend of the Bring your Own Device’ is projected to support the market development in the coming few years.

There has been a significant rise in the adoption of the Internet of Things, which is considered as the main factor that is likely to encourage the development of the global cognitive security market in the next few years.

The increasing number of cyber-attacks and security breaches is another factor that is predicted to ensure the market growth in the near future. In addition to this, cognitive security helps in assisting the security analysts so as to take the proactive security measures, which is predicted to support the growth of the market in the coming years.

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The global market for cognitive security has been classified on the basis of region into the Middle East and Africa, Europe, North America, Latin America, and Asia Pacific. As per the research study, North America is considered to hold a substantial share and lead the market over the next few years.