Global Artificial Intelligence In Security Market Opportunities 2024, Forecast To 2033
8 Mar, 2024
The artificial intelligence in security market size has surged, reaching $22.7 billion in 2023 and projected to hit $27.76 billion in 2024, with a 22.3% CAGR. Factors include heightened cybersecurity threats, IoT proliferation, and a shortage of cybersecurity experts. Anticipated growth to $62.13 billion by 2028 is driven by cybersecurity awareness, AI integration in security operations, and an increase in insider threats, with notable trends including machine learning advancements and AI-driven threat detection.
Global Artificial Intelligence In Security Market Key Driver
The artificial intelligence in security market is expanding due to the escalating risks of cyberattacks. With a significant increase in phishing attacks, there's a growing need for advanced AI-based security solutions to protect against evolving cyber threats.
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The artificial intelligence in security market covered in this report is segmented –
1) Component:Services, Software
2) Solutions:Identity And Access Management (IAM), Risk And Compliance Management, Encryption, Data Loss Prevention (DLP), Unified Threat Management (UTM), Antivirus Or Antimalware, Intrusion Detection Or Prevention System (IDS Or IPS), Other Solutions
3) Deployment:On-Cloud, On-Premise
4) Security Type:Network Security, Application Security, Cloud Security, Endpoint Security , Other Security Types
5) End-Users:Enterprise, BFSI (Banking, Financial Services, And Insurance), Government And Defense , Retail, Healthcare, Manufacturing , Automotive And Transportation, Infrastructure, Other End-Users
By Geography: The countries covered in the artificial intelligence in security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the artificial intelligence in security market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Artificial Intelligence In Security Industry Players
Intel Corporation; The International Business Machines Corporation; Cisco Systems Inc.; Broadcom Inc.; Nvidia Corporation; VMware Inc.; Singapore Telecommunications Limited; Palo Alto Networks Inc.; Advanced Micro Devices Inc.; Fortinet Inc.; Splunk Inc.; Check Point Software Technologies Ltd.; Trend Micro Inc.; CrowdStrike Holdings Inc.; Kaspersky Lab Inc.; BlackBerry Limited; Rapid7 LLC; Symphony Technology Group LLC; Mandiant; Darktrace Inc.; Cybereason; SentinelOne Inc.; Securonix Inc.; Vectra AI Inc.
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Artificial Intelligence In Security Market Overview
Artificial intelligence in security refers to the tools and strategies that use AI (artificial intelligence) to recognize, stop, and react to new cyber threats. Artificial intelligence is helpful in cyber security to help professionals better understand, examine, and evaluate crimes. It also helps businesses protect customer data and improves the tools they employ to combat cybercrime.