Artificial Intelligence in Cybersecurity Market Size, Share, Trend, Forecast, & Industry Analysis 2027
Artificial Intelligence in Cybersecurity Market size was valued at US$ 14.49 Bn. in 2021 and the total Artificial Intelligence in Cybersecurity revenue is expected to grow by 21.4 % from 2022 to 2029, reaching nearly US$ 68.35 Bn.
Market Scope:
We looked at the Artificial Intelligence in Cybersecurity Market from every viewpoint using primary and secondary research methods. As a result, we now have a better understanding of current market dynamics, including supply-demand imbalances, pricing trends, product preferences, and customer behaviour. A range of market forecasts and data validation procedures are then used to compile and assess the data. Additionally, the market is expected to rise through 2029 according to our internal data expecting engine.
Artificial Intelligence in Cybersecurity Market Overview:
The situation of the market over the anticipated time is investigated and evaluated in the research study Artificial Intelligence in Cybersecurity. It is a comprehensive body of study that focuses on primary and secondary drivers, market dominance, important sectors, and geographic analysis. The study also examines modern innovation and corporate strategy in addition to famous persons, key partnerships, mergers, and acquisitions.
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Artificial Intelligence in Cybersecurity Market Segmentation:
By providing, it is anticipated that the Software segment would experience the highest CAGR growth during the projection period. Application programme interfaces, language, audio, vision, and sensor data, as well as machine learning methods, are all needed for AI systems. There are fewer specialists that create machine learning algorithms, hence the software platforms and solutions are more expensive. Leading companies in the cybersecurity market that are developing AI software include Darktrace, Cylance, Securonix, and IBM.
By deployment type, Due to the growing number of big corporations using cloud platforms as data repositories and the growing desire to reduce capital expenditures required to set up cybersecurity solutions, the cloud-based category is anticipated to have the greatest CAGR growth throughout the projected period. Additionally, during the COVID-19 outbreak, a number of businesses started moving their operations to the cloud, which prompted cybersecurity vendors to develop cloud-based security solutions.
By security type, The majority of the artificial intelligence market in cybersecurity is anticipated to be accounted for by security type, specifically network security. This market is expanding as a result of the prevalence of the Bring Your Own Device (BYOD) trend, an increase in APTs, malware, and phishing threats, growing demand for secure data transfer, expanding demand for network security solutions, and growing privacy concerns.
Artificial Intelligence in Cybersecurity Market Key Players:
• Amazon Web Services, Inc. (U.S.)
• IBM Corporation (U.S.)
• Intel Corporation (U.S.)
• Microsoft Corporation (U.S.)
• Nvidia Corporation (U.S.)
• FireEye, Inc. (U.S.)
• Palo Alto Networks, Inc. (U.S.)
• Juniper Networks, Inc. (U.S.)
• Fortinet, Inc. (U.S.)
• Cisco Systems, Inc. (U.S.)
• Micron Technology, Inc. (U.S.)
• Check Point Software Technologies Ltd. (U.S.)
• Imperva, Inc. (U.S.)
• McAfee LLC (U.S.)
• LogRhythm, Inc. (U.S.)
• Sophos Ltd. (U.S.)
• NortonLifeLock Inc. (U.S.)
• CrowdStrike Holdings, Inc. (U.S.)
• Kelco (U.S.)
Primary and secondary research are used to determine the market's leaders and to estimate the market's revenue. Extensive interviews with important thought leaders and industry professionals, including CEOs, marketing specialists, and seasoned front-line employees, were conducted as part of the core research. Primary research was composed of in-depth interviews with renowned thought leaders and industry professionals, including CEOs, seasoned front-line workers, and marketing specialists. Secondary research was composed of a review of the annual and financial reports of the major manufacturers. Percentage splits, market shares, growth rates, and global market breakdowns are calculated using secondary sources and compared to historical data. The players profiled in this study include those listed below:
Regional Analysis:
The study does a comprehensive analysis of the local market using both qualitative and quantitative data. It offers a summary and forecast of each section of the global Artificial Intelligence in Cybersecurity market. North America, Europe, Asia-Pacific, the Middle East and Africa, and South America are among the five significant regions covered in addition to market size and forecast predictions for the years 2022 to 2029. The market is further divided into segments and regions according to each region. The research examines and anticipates several nations, as well as present trends and potential future advancements in the sector.
COVID-19 Impact Analysis on Artificial Intelligence in Cybersecurity Market:
The global Artificial Intelligence in Cybersecurity market's potential was taken into account and analysed in the Global Artificial Intelligence in Cybersecurity Market Development Strategy post-COVID-19, which also offers statistical data on market dynamics, growth factors, significant challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The study's primary objective is to give industrial businesses a strategic analysis of COVID-19's effects. This examination focused on the market potential of important nations while also looking at their markets.
Key Questions Answered in the Artificial Intelligence in Cybersecurity Market Report are:
- Which regional areas, product types, and end customers provide the highest potential for high-growth possibilities in the global Artificial Intelligence in Cybersecurity sector?
- What market segments will grow the fastest, and why?
- Which industries will grow the fastest, and why?
- What are the primary variables influencing the ## market's dynamics? What are the key elements affecting and restricting the Artificial Intelligence in Cybersecurity market?
- What are the market's business risks and hazards?
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