AI for Cybersecurity Market Scope
Attacks are becoming more and more dangerous despite the advancements in cybersecurity. Cybersecurity is one of the multiple uses of artificial intelligence. According to research, it indicates that companies need 196 days on average to recover from any data breach. For this reason, organizations are investing more in AI to avoid waste of time and financial losses and. AI, machine learning, and threat intelligence can recognize patterns in data to enable security systems to learn from past experience. In addition, AI and machine learning enable companies to reduce incident response times and comply with security best practices. As cyberattacks grow in volume and complexity, artificial intelligence (AI) is helping under-resourced security operations analysts stay ahead of threats. Curating threat intelligence from millions of research papers, blogs, and news stories, AI provides instant insights to help you fight through the noise of thousands of daily alerts, drastically reducing response times.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | NVIDIA Corporation (United States), Intel Corporation (United States), Micron Technology, Inc. (United States), Darktrace (United Kingdom), Vectra AI, Inc. (United States), IBM Corporation (United States), Cylance Inc. (United States), Amazon Web Services, Inc. (United States), ThreatMetrix Inc. (United States), Symantec Corporation (United States) and Cyfirma (Japan) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global AI for Cybersecurity market throughout the predicted period.
NVIDIA Corporation (United States), Intel Corporation (United States), Micron Technology, Inc. (United States), Darktrace (United Kingdom), Vectra AI, Inc. (United States), IBM Corporation (United States), Cylance Inc. (United States), Amazon Web Services, Inc. (United States), ThreatMetrix Inc. (United States), Symantec Corporation (United States) and Cyfirma (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Securonix Inc. (United States), Sift Science (United States), Acalvio Technologies (United States), SparkCognition Inc. (United States), Palo Alto Networks Inc. (United States), Samsung Electronics Co., Ltd (South Korea) and Xilinx Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global AI for Cybersecurity market by Type , by Application (Network Security, Cloud Security, Internet of Things (IoT) Security, Industry Segmentation, Large Enterprises, SME, Military, Government, Hospital, Channel (Direct Sales, Distributor) Segmentation and Section 8: 400 USD??Trend (2018-2023)) and Region with country level break-up.
On the basis of geography, the market of AI for Cybersecurity has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
In August 2020 Cyfirma Japan-based company has introduced launches AI, a cloud-based cybersecurity platform, The platform is designed to help businesses spot threats, decode signals from noise to gain useful insights, and take apt measures against cyber criminals before an actual attack occurs, the Illinois-based company said in a statement.
Influencing Trend:
Increasing Use of Social Media for Business Functions
Market Growth Drivers:
Increasing Adoption of IoT and Increasing Number of Connected Devices, Growing incidence of Cyber Threats and Rising Concerns of Data Protection
Challenges:
Limited Number of Cybersecurity and AI Professionals
Restraints:
The rise in Insider Cyber Threats
Opportunities:
Growing Need for Cloud-Based Security Solutions Among SMEs and Growing Vulnerability of Wi-Fi Networks to Security Threats
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, AI for Cybersecurity Provider, Government Regulatory and Research Organizations and End-Use Industry