The cyber-attacks among organizations are getting more severe and complex, affecting their data as well as resource. Artificial intelligence in cyber security is a solution towards staying ahead of the threats and secure resources. Artificial intelligence can not only help in automated threat detection but also combat them without involving the workforce. The technology helps in securing sensitive data from malware and virus attacks across various sectors such as banking, financial services and insurance, defense, healthcare, manufacturing, government bodies and others.
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Some of the leading players in global market:
6.Micron Technology, Inc.
9.Vectra AI, Inc.
The market for artificial intelligence in cyber security is expected to grow in the forecast period on account of rising instances of cyber-attacks with increasing adoption of IoT and networking across all major industries. Moreover, concerns for data protection and vulnerability to threats over wi-fi connections is further expected to boost the growth of artificial intelligence in cyber security market. However, insider cyber threats and inability to avoid advanced threats pose quite a hindrance for the artificial intelligence in cyber security market. On the other hand, the requirements of security among SMEs is likely to offer lucrative opportunities for artificial intelligence in cyber security market.
The global artificial intelligence in cyber security market is segmented on the basis of components, deployment model, security type and industry vertical. By component, the market is classified as hardware, software and services. Based on deployment model, the market is segmented as cloud-based and on-premises. On the basis of the security type, the market is segmented as network security, endpoint security, application security and cloud security. The market on the basis of the industry vertical, is classified as BFSI, government & defense, enterprise, infrastructure, manufacturing, automotive & transportation, healthcare and others.
The report analyzes factors affecting artificial intelligence in cyber security market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the artificial intelligence in cyber security market in these regions.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global artificial intelligence in cyber security market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The artificial intelligence in cyber security market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The reports cover key developments in the artificial intelligence in cyber security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from artificial intelligence in cyber security market are anticipated to lucrative growth opportunities in the future with the rising demand for artificial intelligence in cyber security in the global market. Below mentioned is the list of few companies engaged in the artificial intelligence in cyber security market.
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