Global Artificial Intelligence in Cybersecurity Market Will Grow Substantially 30.64% CAGR by 2024

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The global artificial intelligence in cybersecurity market is expected to grow from USD 4.13 billion 2017 to USD 26.80 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 30.64%.

“Need to adapt to changing threats landscape from growing adoption of IoT and an increasing number of connected devices
is one of the factors largely attributing to the growth of artificial intelligence in cybersecurity market globally”

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The factors attributing to the growth of the market are need to adapt to changing threats landscape from growing adoption of iot and an increasing number of connected devices, need to handle huge volumes of security data and accelerate detection and response times, and constantly increasing cyber terrorism. However, some factors such as inability of ai to restrict advance threats and zero-day attacks, and rapidly increasing instances of data poisoning attacks may hinder the market growth. The global artificial intelligence in cybersecurity market is expected to showcase the opportunities such as and ai featured security products to reduce false alerts, make investigations more efficient, and aid speed up the discovery of and response to cyber attacks. In the near future, the market may face the possible challenges in the growth due to evolving nature of cyber-attacks, and budgetary constraints. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global artificial intelligence in cybersecurity market market.”Software: The highest growing component for the global artificial intelligence in cybersecurity market”

On the basis of component, the global artificial intelligence in cybersecurity market is studied across Hardware, Services, and Software. Among all these component, the Software is projected to hold the largest market share while the Services has the potential to grow the market with the highest CAGR in the forecast period.”Identity and Access Management: The highest growing function for the global artificial intelligence in cybersecurity market”

On the basis of function, the global artificial intelligence in cybersecurity market is studied across Advanced Threat Detection, Data Loss Prevention, Encryption, Identity and Access Management, Intrusion Detection/Prevention Systems, Proactive Defense and Threat Mitigation, and Risk and Compliance Management. Among all these function, the Identity and Access Management is projected to hold the largest market share while the Proactive Defense and Threat Mitigation has the potential to grow the market with the highest CAGR in the forecast period.”Machine Learning: The highest growing technology for the global artificial intelligence in cybersecurity market”

On the basis of technology, the global artificial intelligence in cybersecurity market is studied across Context Awareness Computing, Machine Learning, and Natural Language Processing. Among all these technology, the Machine Learning is projected to hold the largest market share while the Context Awareness Computing has the potential to grow the market with the highest CAGR in the forecast period.”Application Security: The highest growing type for the global artificial intelligence in cybersecurity market”

On the basis of type, the global artificial intelligence in cybersecurity market is studied across Application Security, Cloud Security, Endpoint Security, and Network Security. Among all these type, the Application Security is projected to hold the largest market share while the Endpoint Security has the potential to grow the market with the highest CAGR in the forecast period.”Banking, Financial Services & Insurance: The highest growing industry for the global artificial intelligence in cybersecurity market”

On the basis of industry, the global artificial intelligence in cybersecurity market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industry, the Banking, Financial Services & Insurance has captured the maximum market share while the Healthcare & Life Sciences has the opportunity to emerge with the highest CAGR.”On-Cloud: The highest growing deployment for the global artificial intelligence in cybersecurity market”

On the basis of deployment, the global artificial intelligence in cybersecurity market is studied across On-Cloud and On-Premises. Among all these deployment, the On-Cloud has captured the maximum market share while the On-Premises has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global artificial intelligence in cybersecurity market”

On the basis of geography, the global artificial intelligence in cybersecurity market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.

“Acalvio Technologies, Inc.: The potential growing player for the global artificial intelligence in cybersecurity market”

The key players profiled in the global artificial intelligence in cybersecurity market are Acalvio Technologies, Inc., Amazon.com, Inc., Argus Cyber Security, Bitsight Technologies, Cylance, Inc., Darktrace Limited, Deep Instinct, Feedzai S.A., Fortscale Security, Inc., High-Tech Bridge, Indegy Ltd., Intel Corporation, International Business Machines Corp., Micron Technology, Inc., NVIDIA Corporation, Nozomi Networks, Samsung Electronics Co., Ltd., Securonix, Inc., Sentinelone Inc., Sift Science Inc., Skycure Ltd., SparkCognition Inc., Threatmetrix, inc., Vectra Networks, Xilinx, Inc., and Zimperium, Inc..

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global artificial intelligence in cybersecurity market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global artificial intelligence in cybersecurity market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global artificial intelligence in cybersecurity market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global artificial intelligence in cybersecurity market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global artificial intelligence in cybersecurity market.

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Table of Content

  1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Stakeholders
    2. Research & Forecasting
    2.1. Research Methodology
    2.1.1. Research Instruments
    2.1.1.1. Secondary Instrument
    2.1.1.2. Primary Instrument
    2.1.2. Research Approaches
    2.1.2.1. Bottom-up Approach
    2.1.2.2. Top-down Approach
    2.1.3. Research Reliability & Validity
    2.1.4. Research Assumptions
    2.1.5. Vendor Inclusion Criteria
    2.2. Forecasting Methodology
    2.2.1. Methodology for Market Estimation & Forecasting
    2.2.2. Significance and Importance of the Market Estimation & Forecasting
    3. Executive Summary
    4. Premium Insight
    4.1. Market Connectivity
    4.2. Market Data Feed
    4.3. Market Vendor Ranking Analysis
    4.4. Market Dynamics
    4.4.1. Drivers
    4.4.1.1. Need to adapt to changing threats landscape from growing adoption of IoT and an increasing number of connected devices
    4.4.1.2. Need to handle huge volumes of security data and accelerate detection and response times
    4.4.1.3. Constantly increasing cyber terrorism
    4.4.2. Restraints
    4.4.2.1. Inability of AI to restrict advance threats and zero-day attacks
    4.4.2.2. Rapidly increasing instances of data poisoning attacks
    4.4.3. Opportunities
    4.4.3.1. AI featured security products to reduce false alerts, make investigations more efficient, and aid speed up the discovery of and response to cyber attacks
    4.4.4. Challenges
    4.4.4.1. Evolving nature of cyber-attacks
    4.4.4.2. Budgetary Constraints
    4.5. Porter’s Five Forces Analysis
    4.5.1. Threat of New Entrants
    4.5.2. Threat of Substitutes
    4.5.3. Bargaining Power of Customers
    4.5.4. Bargaining Power of Suppliers
    4.5.5. Industry Rivalry
    4.6. Technology Roadmap
    4.7. Regulatory Framework

Continued…

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Posted by on Thursday March 21 2019, 12:30 PM EDT. All trademarks acknowledged. Filed under Data Centers, Media, Robotics, Security & Intelligence Systems, Security Systems, Semiconductors, Sensor Systems, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications, Telecommunication. Comments and Trackbacks closed. Follow responses: RSS 2.0

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