The Business Research Company’s Artificial Intelligence In Security Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Artificial Intelligence In Security Global Market Report 2023 evaluates artificial intelligence in security market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global artificial intelligence in security market is expected to grow from $18.52 billion in 2022 to $22.7 billion in 2023 at a compound annual growth rate (CAGR) of 22.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence in security market is expected to reach $50.25 billion in 2027 at a CAGR of 22%.
The increasing risks of cyberattacks are expected to propel the growth of artificial intelligence in the security market going forward. A cyberattack is any attempt to gain access to a computer, computing system, or network to cause harm. Phishing is a type of cybersecurity attack where users are tricked into installing malware, disclosing personal information, and putting themselves or their companies at risk of criminal activity. Organizations trying to strengthen their defenses and react to changing threats and cyber-attacks encourage the demand for advanced artificial intelligence security solutions as they use methods for protecting data, such as encryption, anomaly detection, and behavior analysis. For instance, in June 2022, according to the Anti-Phishing Working Group, a US-based independent counter-e-crime association, in the first quarter of 2022, the Anti-Phishing Working Group recorded a total of 1,025,968 phishing attacks, a 15% rise from the fourth quarter of 2021, where 888,585 attacks were reported. Therefore, the increasing risks of cyberattacks drive the growth of artificial intelligence in the security market.
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The artificial intelligence in security market segments in the report are:
1) By Component: Services, Software
2) By 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) By Deployment: On-Cloud, On-Premise
4) By Security Type: Network Security, Application Security, Cloud Security, Endpoint Security , Other Security Types
5) By End-Users: Enterprise, BFSI (Banking, Financial Services, And Insurance), Government And Defense , Retail, Healthcare, Manufacturing , Automotive And Transportation, Infrastructure, Other End-Users
The table of contents in TBRC’s artificial intelligence in security market report includes:
1. Executive Summary
2. Artificial Intelligence In Security Market Characteristics
3. Artificial Intelligence In Security Market Trends And Strategies
4. Artificial Intelligence In Security Market - Macro Economic Scenario
5. Global Artificial Intelligence In Security Market Size and Growth
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32. Global Artificial Intelligence In Security Market Competitive Benchmarking
33. Global Artificial Intelligence In Security Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Security Market
35. Artificial Intelligence In Security Market Future Outlook and Potential Analysis
36. Appendix
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Market HighlightsThe Global Artificial Intelligence (AI) in Security Market was valued at USD 4.97 billion in 2018 and is expected to reach USD 23 Billion by 2024, registering a 31.86% CAGR during the forecast period of 2019–2024.
Increasing adoption of connected devices, development in computing power technology, developing machine learning and deep learning technology, and increasing instances of cyberattacks are some of the major factors driving the growth of global artificial intelligence (AI) in security market.
Increasing adoption of cloud-based solutions and services and government support and investment in research and development of artificial intelligence technology are some of the contributing factors in the creation of fruitful opportunities for the market players in the coming years.
However, software and hardware security, data integrity, model security, and data privacy are some of the primary challenges faced by the players in the global artificial intelligence (AI) in security market.The rise in demand for automation of process and services across different enterprises is identified as the major factor that is surging the adoption of artificial intelligence technology.
The growing inclination of organizations towards deploying effortless and robust security solutions is expected to impel the global artificial intelligence in security market.
Increase in cognizance about artificial technology, quick absorption of AI in security system of different industries, and intensifying faith of deployers in the technology are other factors that are expected to promote the market growth.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7912Regional Analysis:By region, the artificial intelligence in security market analysis covers Asia Pacific (APAC), Europe, North America, and the Rest of the World (Row).Intensifying political disruptions in North America is surging the need for data protection across the government sector.
The global Artificial Intelligence (AI) in Cyber Security Market presents comprehensive information that makes it a valuable source of insightful data for business strategists during 2021-2026.
Given the technological innovations in the market, the industry is likely to emerge as a complementary platform for investors in the emerging market.A thorough competitive analysis covering insightful data on industry leaders is intended to help potential market entrants and competing existing players to reach their decisions in the right direction.
Growth between segments over the period 2021-2026 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value.
This analysis can help you expand your business by targeting eligible niches.Product Segment Analysis:Machine Learning, Natural Language Processing, OthersApplication Segment Analysis:BFSI, Government, IT & Telecom, Healthcare, Aerospace and Defense, OthersThe market research report also discusses the numerous development strategies and plans that the Artificial Intelligence (AI) in Cyber Security industry follows to expand to a global level.
Details related to the dynamic change in the segment are provided in the research report.
:https://introspectivemarketresearch.com/discount/11792This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Artificial Intelligence (AI) in Cyber Security market.
