Artificial Intelligence In Security Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
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The artificial intelligence in security market size has surged, reaching $22.7 billion in 2023 and projected to hit $27.76 billion in 2024, with a 22.3% CAGR. Factors include heightened cybersecurity threats, IoT proliferation, and a shortage of cybersecurity experts. Anticipated growth to $62.13 billion by 2028 is driven by cybersecurity awareness, AI integration in security operations, and an increase in insider threats, with notable trends including machine learning advancements and AI-driven threat detection.
The artificial intelligence in security market is expanding due to the escalating risks of cyberattacks. With a significant increase in phishing attacks, there’s a growing need for advanced AI-based security solutions to protect against evolving cyber threats.
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What Are The Key Trends That Influence Artificial Intelligence In Security Market Share Analysis?
Technological advancements are fueling growth in the artificial intelligence in security market. Major companies are leveraging advanced technologies to solidify their market foothold. For instance, in March 2023, Microsoft Corporation introduced Security Copilot, an AI-powered cybersecurity assistant tool. Designed to assist security professionals in detecting breaches and analyzing threat signals more effectively, Security Copilot integrates Microsoft’s proprietary cybersecurity training model with global threat intelligence, processing 65 trillion daily alerts. It provides rapid insights into potential threats, significantly reducing response times from hours or days to minutes.
Which Market Players Are Driving Growth In The Artificial Intelligence In Security Market?
Major companies operating in the artificial intelligence in security market report are Intel Corporation, The International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Nvidia Corporation, VMware Inc., Singapore Telecommunications Limited, Palo Alto Networks Inc., Advanced Micro Devices Inc., Fortinet Inc., Splunk Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., Kaspersky Lab Inc., BlackBerry Limited, Rapid7 LLC, Symphony Technology Group LLC, Mandiant, Darktrace Inc., Cybereason, SentinelOne Inc., Securonix Inc., Vectra AI Inc.
How Is The Global Artificial Intelligence In Security Market Segmented?
The artificial intelligence in security market covered in this report is segmented –
1) By Component: Services, Software
2) By Solutions: Identity And Access Management (IAM), Risk And Compliance Management, Encryption, Data Loss Prevention (DLP), Unified Threat Management (UTM), Antivirus Or Antimalware, Intrusion Detection Or Prevention System (IDS Or IPS), Other Solutions
3) By Deployment: On-Cloud, On-Premise
4) By Security Type: Network Security, Application Security, Cloud Security, Endpoint Security , Other Security Types
5) By End-Users: Enterprise, BFSI (Banking, Financial Services, And Insurance), Government And Defense , Retail, Healthcare, Manufacturing , Automotive And Transportation, Infrastructure, Other End-Users
Read The Full Artificial Intelligence In Security Market Report Here
The Artificial Intelligence In Security Global Market Report 2024 provides an overview of the artificial intelligence in securitymarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The artificial intelligence in security market forecast analyzes artificial intelligence in security market size, artificial intelligence in security market share, leading competitor and their market positions.
The Table Of Content For The Artificial Intelligence In Security Market Include
1. Artificial Intelligence In Security Market Executive Summary
2. Artificial Intelligence In Security Market Segments
3. Artificial Intelligence In Security Market Size And Template Market Growth Rate
4. Key Artificial Intelligence In Security Market Trends
5. Major Artificial Intelligence In Security Market Drivers
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25. Key Mergers And Acquisitions In The Artificial Intelligence In Security Market
26. Top Artificial Intelligence In Security Companies
27. Artificial Intelligence In Security Market Opportunities And Strategies
28. Artificial Intelligence In Security Market, Conclusions And Recommendations
29. Appendix
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