Artificial Intelligence (AI) in Cybersecurity Market
Artificial Intelligence (AI) in Cybersecurity Market Size, Share & Trends Analysis Report by Technology (Machine Learning (ML) and Natural Language Processing (NLP)), by Security (Endpoint, Cloud, and Network), by Application (Data loss prevention (DLP), Unified Threat Management (UTM), Identity and Access Management (IAM), Antivirus, and Identity Provider (IdP)), and by Industry (BFSI, Government, Retail, Healthcare, and IT) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
AI in cybersecurity market is anticipated to grow at a CAGR of 23.6% during the forecast period. The growing establishment of start-ups coupled with government initiatives across the globe is the major factor driving the growth of the market. Start-ups are continuously engaged in launching new AI-based technology to reduce security threats. For instance, in May 2022, IEM Labs, a Kolkata-based cybersecurity start-up launched a plagiarism checker named IEMSecure. Plagiarism checker is primarily used by education institutions and media companies as it can scan through 10 billion sources in just a few seconds and let users know if the content matches any other website. It is widely used by large organizations, as they need to protect their proprietary information from cybercrime. The features of plagiarism checker assist organization to track what content or data is theft, thus provides cybersecurity to organizations.
Moreover, the government initiates in R&D to provide AI-based solutions for enhanced cybersecurity. For instance, in February 2021, The Secure Critical Systems Laboratory (SCSL), is an initiative to carry out information security research at IIT-M. The lab research is on learning algorithms and security, where SCSL is planning to use AI/ ML to discover vulnerabilities in software and the lab also focuses on the security of ML and AI algorithms which in turn will fuel the overall AI in the cybersecurity market.
Segmental Outlook
The global AI in the cybersecurity market is segmented based on technology, security, application, and Industry. Based on the technology, the market is bifurcated into ML and NLP. Based on security, the market is sub-segmented into endpoint, cloud, and network. Based on the application, the market is further sub-segmented into DLP, UTM, IAM, Antivirus, and IDP. Based on the industry, the market is augmented into the BFSI, government, retail, healthcare, and IT. Among these, the BFSI sub-segment is expected to hold a considerable share of the market due toits rising adoptiong. BFSI industry is adopting suc technological solutions to ensure the safety of critical infrastructure. Additionally, the BFSI is also increasing its cybersecurity budget significantly.
Among these, the software segment is expected to hold a considerable share in the market due to the growing concern for data security and an increase in demand for AI platform solutions for security operations among business enterprises to strengthen their cybersecurity infrastructure. Furthermore, the key market players are also developing AI platform solutions to cater to the demand for software. For instance, in February 2019, Cylance Inc. launched the Cylance native AI platform which delivers a full suite of security solutions with deep-learning Al algorithms. The platform support automated threat detection, prevention, forensic investigation, and response capabilities to customers. Additionally, the Cylance native AI platform can prevent attacks from executing at the endpoint. It detects and respond to threats by applying a ML threat-detection module.
Regional Outlooks
The global AI in cybersecurity market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a considerable share of AI in the cybersecurity market during the forecast period, owing to the early adoption of AI in the region. The region is an early adopter of technologies, due to which BFSI sectors, government agencies, and other industries face ever-increasing challenges related to cyber threats.
Global AI in Cybersecurity Market Growth, by Region 2022-2028
North America is Expected to Hold a Significant Share in the Global AI in Cybersecurity Market
Among all regions, North America is expected to hold a significant market share during the forecast period. The presence of key market players such as NVIDIA Corp., Intel Corp., Xilinx Inc., and others are accelerating the growth of the AI in cybersecurity market. These key players are involved in the development of application frameworks to reduce cyber threats for the end-user industry. For instance, in April 2021, NVIDIA Corp. launched the NVIDIA Morpheus application framework, provides cybersecurity partners with AI skilled application framework to detect and prevent security threats as they happen. NVIDIA Morpheus is a cloud-native cybersecurity framework that uses ML to identify, capture and take action on threats, including leaks of unencrypted sensitive data, phishing attacks, and malware.
Market Players Outlook
The major companies serving the global AI in cybersecurity market include Amazon Web Services, Inc., Broadcom, Inc., Cylance Inc., Darktrace Holdings Ltd., IBM Corp., Intel Corp., Micron Technology, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2022, Fujitsu Australia and New Zealand, wholly owned subsidiaries of Fujitsu Ltd., acquired InPhySec, New Zealand cyber security company, member of the all of government Telecommunications-as-a-Service (TaaS) panel to supply a fully-managed security service to New Zealand government. Through this acquisition, the company aims to strengthen the security services capabilities of Fujitsu Ltd. Additionally, the acquisition will also provide access to specialist security consulting and managed services to Fujitsu’s customers in New Zealand.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global AI in cybersecurity market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global AI in Cybersecurity Market by Technology
4.1.1. Machine Learning (ML)
4.1.2. Natural Language Processing (NLP)
4.2. Global AI in Cybersecurity Market by Security
4.2.1. Endpoint
4.2.2. Cloud
4.2.3. Network
4.3. Global AI in Cybersecurity Market by Application
4.3.1. Data loss prevention (DLP)
4.3.2. Unified Threat Management (UTM)
4.3.3. Identity and Access Management (IAM)
4.3.4. Antivirus
4.3.5. Identity Provider (IdP)
4.4. Global AI in Cybersecurity Market by Industry
4.4.1. BFSI
4.4.2. Government
4.4.3. Retail
4.4.4. Healthcare
4.4.5. IT
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Amazon Web Services, Inc.
6.2. Broadcom, Inc.
6.3. Cylance Inc.
6.4. Darktrace Holdings Ltd.
6.5. IBM Corp.
6.6. Intel Corp.
6.7. Micron Technology, Inc.
6.8. NortonLifeLock Inc.
6.9. NVIDIA Corp
6.10. Palo Alto Networks Inc.
6.11. Samsung Electronics Co., Ltd
6.12. Securonix Inc.
6.13. SentinelOne, Inc.
6.14. Sift Science, Inc.
6.15. SparkCognition Inc.
6.16. ThreatMetrix Inc.
6.17. Vectra AI, Inc.
6.18. Xilinx Inc.
1. GLOBAL AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL ML IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NLP IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY, 2021-2028 ($ MILLION)
5. GLOBAL ENDPOINT CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CLOUD CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL NETWORK CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL AI IN CYBERSECURITY FOR DLP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL AI IN CYBERSECURITY FOR UTM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
11. GLOBAL AI IN CYBERSECURITY FOR IAM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL AI IN CYBERSECURITY FOR ANTIVIRUS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
13. GLOBAL AI IN CYBERSECURITY FOR IDP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
15. GLOBAL AI IN CYBERSECURITY FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL AI IN CYBERSECURITY FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL AI IN CYBERSECURITY FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL AI IN CYBERSECURITY FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL AI IN CYBERSECURITY FOR IT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. NORTH AMERICAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. NORTH AMERICAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
26. EUROPEAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
28. EUROPEAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY, 2021-2028 ($ MILLION)
29. EUROPEAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. EUROPEAN AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
36. REST OF THE WORLD AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
37. REST OF THE WORLD AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
38. REST OF THE WORLD AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY SECURITY, 2021-2028 ($ MILLION)
39. REST OF THE WORLD AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
40. REST OF THE WORLD AI IN CYBERSECURITY MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
1. GLOBAL AI IN CYBERSECURITY MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
2. GLOBAL ML IN CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL NLP IN CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL AI IN CYBERSECURITY MARKET SHARE BY SECURITY, 2021 VS 2028 (%)
5. GLOBAL ENDPOINT CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL CLOUD CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL NETWORK CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL AI IN CYBERSECURITY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL AI IN CYBERSECURITY FOR DLP MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL AI IN CYBERSECURITY FOR UTM MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL AI IN CYBERSECURITY FOR IAM MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL AI IN CYBERSECURITY FOR ANTIVIRUS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL AI IN CYBERSECURITY FOR IDP MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL AI IN CYBERSECURITY MARKET SHARE BY INDUSTRY, 2021 VS 2028 (%)
15. GLOBAL AI IN CYBERSECURITY FOR BFSI MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL AI IN CYBERSECURITY FOR GOVERNMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL AI IN CYBERSECURITY FOR RETAIL MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL AI IN CYBERSECURITY FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. GLOBAL AI IN CYBERSECURITY FOR IT MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL AI IN CYBERSECURITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. US AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
22. CANADA AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
23. UK AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
24. FRANCE AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
25. GERMANY AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
26. ITALY AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
27. SPAIN AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF EUROPE AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
29. INDIA AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
30. CHINA AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
31. JAPAN AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
32. SOUTH KOREA AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF ASIA-PACIFIC AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
34. REST OF THE WORLD AI IN CYBERSECURITY MARKET SIZE, 2021-2028 ($ MILLION)
