About AI in Cybersecurity-
AI in cybersecurity involves leveraging artificial intelligence technologies such as machine learning algorithms, natural language processing, and pattern recognition to bolster defense mechanisms against cyber threats. By processing extensive data sets, it identifies anomalies potential risk and swiftly responds to security incidents. The Integration of AI into cybersecurity fueled by the exponential growth of cyber threat, demanding advance defense mechanisms Drivers include the security of cybersecurity experts regulatory, requirements and the increasing data volumes needing protection. Yet challenges like high initial cost, privacy concerns and integration complexities persist emerging trends involve AI Emerging with lot and Cloud security, leading to autonomous security operations and predictive analytics.Oppertunities lie in AI driven threat interiliac platform enhanced endpoint security and expanded security automation offering a landscape ripe in innovative solution in safeguarding digital assets.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
AI in cybersecurity is a fragmented market. The AI in cybersecurity market has experienced exponential growth in recent years, reflecting its increasing importance and effectiveness. The key companies operating in the Artificial Intelligence in Cybersecurity Market include NVIDIA Corporation, Intel Corporation, Xilinx Inc., Samsung Electronics Co Ltd, Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global AI in Cybersecurity- market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NVIDIA Corporation (United States), Xilinx Inc. (United States), Samsung Electronics Co Ltd (South Korea), Micron Technology Inc. (United States), Amazon Web Services, Inc. (United States), IBM Corporation (United States), Microsoft Corporation (United States), Intel Corporation (United States), FireEye Inc. (United States) and Juniper Networks, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fortinet, Inc. (United States), Cisco Systems, Inc. (United States), Imperva (United States), Sophos Ltd. (United Kingdom), Darktrace (United Kingdom) and Cylance Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global AI in Cybersecurity- market by Type (Infrastructure Security, Data Security, Application Security, Cloud Security, Network Security, Endpoint Security and Others), Application (Identity and Access Management, Risk and Compliance Management, Data Loss Prevention, Unified Threat Management, Fraud Detection and Others) and Region.
On the basis of geography, the market of AI in 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). If we see Market by End Users, the sub-segment i.e. Banking, Financial Services, Insurance will boost the AI in Cybersecurity- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology Type, the sub-segment i.e. Machine Learning will boost the AI in Cybersecurity- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering, the sub-segment i.e. Hardware will boost the AI in Cybersecurity- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Adoption of AI for threat detection and response and Shift toward AI-power Autonomous security operations
Market Growth Drivers:
Need for real time threat Detection and Response and Regulatory Compliance Requirement driving investment in security.
Challenges:
Balancing Automation and human oversight effectively and Ethical consideration in deploying AI for Cybersecurity
Restraints:
Integration challenge with existing security Infrastructure and High initial Investment cost for AI implementation
Opportunities:
Development of AI driven threat integilliance platform and Expansion of AI-power endpoint security solutions
Market Leaders and their expansionary development strategies
In September 2023, Infosys, a global leader in next-generation digital services and consulting, and NVIDIA announced that they have expanded their strategic collaboration with the aim to help enterprises worldwide drive productivity gains with generative AI applications and solutions.
In April 2021, NVIDIA announced the NVIDIA Morpheus application framework, which provides cybersecurity partners with a complete suite of accelerated AI skills that detect and prevent security threats as they happen.
Key Target Audience
Stake Holder, Investor, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.