Artificial Intelligence (AI) in Cyber Security Market Set to Experience a Massive more than 22.60% CAGR During 2022-2027

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Artificial Intelligence (AI) in Cyber Security Market Set to Experience a Massive more than 22.60% CAGR During 2022-2027

Market Insights

As per recent research by MarkNtel Advisors, The Global Artificial Intelligence (AI) in Cyber Security Market is projected to grow at a CAGR of around 22.60% during the forecast period, i.e., 2022-27.

Key Drivers

  • 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

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Market Segmentation and Consumer Behavior:

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)

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Artificial Intelligence (AI) in Cyber Security Market Geographical Analysis:

By Region

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

Key Players and Competitive Strategies in the Artificial Intelligence (AI) in Cyber Security Market

Several prominent players dominate the Artificial Intelligence (AI) in Cyber Security Market, including:

  • 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

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Questions Addressed in this Study

1.What factors are driving the Artificial Intelligence (AI) in Cyber Security Market growth?

2.How is the Artificial Intelligence (AI) in Cyber Security Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Artificial Intelligence (AI) in Cyber Security Market?

4.What is the current size of the Artificial Intelligence (AI) in Cyber Security Market, and how is it projected to change in the future?

5.What is the future outlook for the Artificial Intelligence (AI) in Cyber Security Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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