by on April 19, 2024

MarkNtel Advisors has recently study an extensive market intelligence analysis on the Global AI in Cyber Security Market. The newly released report showcases an engaging format enriched with visually compelling tables, graphs, charts, and figures. These seamlessly integrated visual aids are designed to bolster the accuracy and clarity of the information presented, offering readers a thorough grasp of the topic at hand.

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How big is the AI in Cyber Security market?

The Global Artificial Intelligence (AI) in Cyber Security Market is expected to grow at a CAGR of around 22.60% during 2022-27, says MarkNtel Advisors. Businesses nowadays are more vulnerable than ever to cyber threats due to the surge in connected enterprises, devices, & applications, coupled with the mounting adoption of IoT. With this, there's a burgeoning need for cloud-based security solutions among SMEs and increased use of social media for business functions, which, in turn, is infusing the demand for AI-based security solutions and driving the global market.

Global AI in Cyber Security Market Driver:

  • Technological advancements in security systems to combat increasing cyberattacks
  • Surging use of social media for business operations
  • Mounting government investments in AI adoption
  • burgeoning demanding for robust security systems among businesses due to their mounting inclination toward connected devices & applications making them more vulnerable to cyberattacks.

Geographical Insight: AI in Cyber Security Industry

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Among them, North America is the early adopter of AI in cyber security across government agencies, banks, financial institutions, particularly in the US. The regional market is driven prominently by the extensive presence & participation of leading players in the region that offer technologically improved solutions & services to all sectors. Additionally, the rapidly expanding awareness about the benefits of having robust security systems, especially across government organizations, shall further drive the market and generate lucrative growth opportunities for the leading players in the years to come.

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Competitor Breakdown: Global AI in Cyber Security Market

In the fast-changing Global AI in Cyber Security Market, understanding what our competitors are doing is really important. By carefully looking at things, we figure out who the major market players are, what they're good at, and where they're not so good. This helps us make smart choices and do well in the competition. Understanding our rivals helps to grow fast and do their best. By keeping a close eye on our competitors and changing our approach when needed, we stay ahead and grab opportunities for growth. Also, watching what customers like and how the market is changing helps stay ahead of the competition.

Names of major industry players are:

  • BAE Systems plc
  • RSA Security LLC
  • IBM Corporation
  • Palo Alto Networks Inc.
  • Fortinet Inc.
  • FireEye Inc.
  • Check Point Software Technologies Ltd.
  • Cisco Systems Inc.
  • Juniper Network Inc.
  • Acalvio Technologies Inc.
  • Darktrace Limited
  • Amazon Web Services Inc.
  • NVIDIA Corporation
  • Cylance Inc.
  • Securonix Inc

Segmentation Analysis: AI in Cyber Security Market

By Application

  • Identity and Access Management (IAM)
  • Universal Transverse Mercator (UTM)
  • Data Loss Prevention (DLP)
  • Security & Vulnerability Management
  • Antimalware
  • Fraud Detection
  • Intrusion detection
  • Threat intelligence

By Technology

  • Machine Learning
  • Natural Language Processing
  • Image Processing
  • Voice Recognition
  • Robotics
  • Cognitive Computing

By Components

  • Hardware
    • Networking Solution
    • Memory Solution
    • Processors
    • Others
  • Software
    • AI for Network Threat Identification
    • AI Email Monitoring
    • AI-based Antivirus Software
    • AI-based User Behaviour Modelling
    • AI for Fighting AI Threats
    • Others
  • Services
    • Threat & Vulnerability
    • System & Network Security
    • Data & Application Security
    • Others

By Deployment

  • On-Premises
  • Cloud

By Security Type

  • Critical Infrastructure Cybersecurity
  • Network Security
  • Cloud Security
  • Internet of Things Security
  • Application Security

By End-User

  • BFSI
  • Retail
  • IT & Telecommunication
  • Healthcare
  • Manufacturing
  • Government & Defence
  • Others (Resources & Utilities, Education, Automotive & Transportation)

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

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