Global Artificial Intelligence (AI) In Cybersecurity Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Forecast To 2029

  • TBI795281
  • May 28, 2022
  • Global
  • 200 pages
  • IFF Market Research
                                              

Global Artificial Intelligence in Cybersecurity Market 2021: By Offering (Hardware, Software, Service), By Deployment Type (Cloud, On-Premise), By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing), By Application (Identity & Access Management, Risk & Compliance Management, Data Loss Prevention, Unified Threat Management, Security & Vulnerability Management, Antivirus/Antimalware, Fraud Detection/Anti-Fraud, Intrusion Detection/Prevention System, Threat Intelligence, Others (firewall, disaster recovery, DDoS mitigation, web filtering, application whitelisting, and patch management), By End-user (BFSI, Retail, Government & Defense, Manufacturing, Infrastructure, Enterprise, Healthcare, Automotive & Transportation, Others (oil & gas, education, energy)

The Global The Global Artificial Intelligence (AI) In Cybersecurity market size was valued at USD $8.64 Billion in 2020, USD $9.7 Billion in 2021, forecasted to reach USD $10.88 Billion in 2022, and is projected to reach USD $27.32 Billion by 2030, and is anticipated to expand at a CAGR of 12.2% over the forecast period from 2020 to 2030. Global Artificial Intelligence in Cybersecurity Market is the title of an in-house report that is currently nearing completion at Trusted Business Insights. In the report, various aspects and scenarios, current and future have been examined and understood thoroughly to arrive at the conclusive findings. Data and information are validated and verified through interviews with industry experts. Exhaustive primary and secondary sources have been implemented to ensure the accuracy of findings. Historical, estimated, and projected revenue, along with sales volume and growth factors are showcased. Key trends, restraints, Y-o-Y growth, Compounded Annual Growth Rate (CAGR), and future forecast & opportunity analysis are also showcased. Key players presented in the company profile section include detailed information, recent developments, strategies, acquisitions, mergers, etc.

Overview

Artificial intelligence (AI) has been advancing by leaps and bounds in the recent past. From applications in a plethora of functionalities and technologies to even healthcare and pharmaceutical industries. AI has also made its advent into the field of drug discovery & development and is certain to be adopted by numerous more sectors, fields, industries, and applications in the future. From computer vision to speech recognition, AI has the ability to process natural language and other features as well as their functionalities. AI has been a crucial tool in reducing costs associated with various processes, development, manufacturing, automation, monitoring, adaption, and a vast range of others. It is fast being viewed as a boon rather than a bane or threat to our progressive future.

Dynamics

The number of start-ups adopting AI has increased substantially in recent years. Existing companies are also exploring the possibility of adopting AI into their systems to leverage its various advantages or benefits. A massive focus has been placed on adopting machine learning in order to benefit not just economically but to increase effectiveness and efficiency, as well as to reduce the turnaround time required for specific tasks or operations to be completed by people are among some of the primary factors. Cybersecurity is another focus area that AI plays a vital role in. The implementation of AI in cybersecurity has numerous benefits or advantages. It has the ability to adapt to changes that potential threats make and aids in detecting these threats with surgical precision. Rapid technological innovations and advancements, an increased threat from unauthorized access to networks, hacking and fraud, etc. are resulting in companies on a global scale, as well as major governments adopting more advanced and secure cybersecurity software & solutions. To protect its critical infrastructure, a number of enterprises are focusing on increasing budgets allocated to cybersecurity. This is a trend that is currently being observed in the global market. This is expected to continue to evolve over the forecast period as cybercriminals continue to develop and implement advanced methods to outmaneuver challenges that arise in the form of restricted access or cyber protection.

Global Artificial Intelligence in the Cybersecurity Market Segment Analysis:

By Offering: The software segment is projected to account for significantly higher revenue shares in the global market, and the trend is projected to continue throughout the forecast period. By Technology: The machine learning segment accounted for its highest revenue in the previous year, and is expected to continue its dominance over the next 10 years.

Global Artificial Intelligence in the Cybersecurity Market Regional Analysis:

The North American market has been a leader in terms of the development and adoption of AI technologies for quite a few decades now. Constant R&D in the fields related to increasingly advanced technologies and vision of a progressive future are among some of the primary factors driving the growth of this market in the region. The United States accounts for a major revenue share in the North American artificial intelligence cybersecurity market, and this has shown no signs of slow down anytime soon. Another major factor for this is that a number of prominent companies operating in the AI technology space happen to be headquartered in the US. Product launches, new players arising as a result of regional partnerships, collaborations and mergers or acquisitions are key reasons for driving growth in the European artificial intelligence cybersecurity market. The Asian Pacific market is also expected to register significant growth, with China leading the way in terms of revenue contribution, followed closely by India.

Below are the leading companies profiled in this Artificial Intelligence (AI) In Cybersecurity Market Report:

  • Acalvio Technologies (US)
  • Amazon Web Services Inc. (US)
  • Cylance Inc. (US)
  • Darktrace (UK)
  • IBM Corporation (US)
  • Intel Corporation (US)
  • Micron Technology Inc. (US)
  • NVIDIA Corporation (US)
  • Palo Alto Networks Inc. (US)
  • Samsung Electronics Co., Ltd.
  • Securonix Inc. (US)
  • Sift Science (US)
  • SparkCognition Inc. (US)
  • Symantec Corporation (US)
  • ThreatMetrix Inc. (US)
  • Vectra AI Inc. (US)
  • Xilinx Inc. (US)
  • Micron Technology Inc.
  • Samsung Electronics Co. Ltd.
  • Amazon Web Services Inc.
  • Vectra AI Inc.

Global Artificial Intelligence in Cybersecurity Market Segmentation:

By Offering
  • Hardware
  • Software
  • Service
By Deployment Type
  • Cloud
  • On-Premise
By Security Type
  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
By Technology
  • Machine Learning
  • Natural Language Processing
  • Context-Aware Computing
By Application
  • Identity & Access Management
  • Risk & Compliance Management
  • Data Loss Prevention
  • Unified Threat Management
  • Security & Vulnerability Management
  • Antivirus/Antimalware
  • Fraud Detection/Anti-Fraud
  • Intrusion Detection/Prevention System
  • Threat Intelligence
  • Others (firewall, disaster recovery, DDoS mitigation, web filtering, application whitelisting, and patch management)
By End-user
  • BFSI
  • Retail
  • Government & Defense
  • Manufacturing
  • Infrastructure
  • Enterprise
  • Healthcare
  • Automotive & Transportation
  • Others (oil & gas, education, energy)

This research comprehensively answers the following 9 important questions:

  • Q.1. What are some of the most promising growth trends in the Artificial Intelligence (AI) In Cybersecurity market worldwide?
  • Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  • Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  • Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Artificial Intelligence (AI) In Cybersecurity market?
  • Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Artificial Intelligence (AI) In Cybersecurity market?
  • Q.6.What are the emerging trends post COVID-19 reshuffle in this Artificial Intelligence (AI) In Cybersecurity market and the what are reasons behind these trends and do they translate in global exploration?
  • Q.7. Who are the major global and regional players in the Artificial Intelligence (AI) In Cybersecurity market? Which are the strategic initiatives key players are pursuing for business growth?
  • Q.8.Which are the competing products in Artificial Intelligence (AI) In Cybersecurity market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Artificial Intelligence (AI) In Cybersecurity industry?

Chapter 1 Methodology and Scope
  • 1.1 Market definitions
  • 1.2 Base estimation & working
  • 1.2.1 North America
  • 1.2.2 Europe
  • 1.2.3 APAC
  • 1.2.4 LATAM
  • 1.2.5 MEA
  • 1.3 Forecast calculation
    • 1.3.1 COVID-19 impact calculations on industry forecast
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
  • Chapter 2 Executive Summary
  • 2.1 Artificial Intelligence (AI) In Cybersecurity industry 360° synopsis, 2017 - 2028
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