Artificial Intelligence in Security Market

Artificial Intelligence in Security Market for Hardware is Expected to grow at a High Rate between 2017 and 2025.

The AI in security market is expected to be valued at USD 3.92 Billion in 2017 and is likely to reach USD 34.81 Billion by 2025, at a CAGR of 31.38% during the forecast period. Factors such as the increasing use of the Internet and constant need for employees to be online are contributing to the growth of cyberattacks. Another key factor driving the demand for AI-based security solutions is the shortage of cybersecurity professionals.

Cyber terrorism is the use of Internet for deliberate and large-scale attacks, and disruptions attacks on endpoints, networks, data, and other IT infrastructure, which leads to data loss for individuals, enterprises, and governments. The constantly increasing incidents of cybercrimes are forcing organizations to deploy cutting-edge security solutions. SMEs are comparatively more susceptible to cyberattacks than large enterprises due to their weaker security infrastructure. Owing to the increase in the deployment of security solutions and services, the AI in cybersecurity market is expected to witness a significant growth in the coming years.

The AI in security market for hardware is expected to grow at a high rate between 2017 and 2025. The growth of this market can be attributed to the increasing need for hardware platforms with a high computing power to run various machine algorithms. Cloud deployment for AI in security is gaining popularity among SMEs as it is cost-effective. This model helps SMEs avoid costs related to hardware, software, storage, and technical staff by implementing cloud-based security solutions.
The market for application security is likely to grow at a high rate between 2017 and 2025 as several organizations have started using a large number of applications for their business operations that are needed to be secured from threats and vulnerabilities. Machine learning’s ability to collect and handle big data, along with its increased ability to perform previously impossible calculations, is fueling the growth of the market for machine learning.

The AI in security market for encryption security solutions is likely to grow at a high rate between 2017 and 2025 as several organizations are aiming toward maintaining confidentiality, integrity, and availability of data. The AI in security market for the automotive & transportation industry is expected to grow at a high rate during the forecast period as advanced cybersecurity solutions and services are required to protect private and commercial vehicles, fleets, connectivity platforms, and dealerships.

The AI in security market in APAC is expected to be grow at a high rate between 2017 and 2025. SMEs and large enterprises in this region are rapidly adopting cybersecurity solutions to ensure security of their networks, web, and mobile applications. High adoption of advanced technologies, such as IoT, big data analytics, and cloud computing, and rising concerns about data security in the region are expected to drive the growth of the AI in security market in APAC. 

Related Reports:

Artificial Intelligence in Security Market by Offering (Hardware, Software, Service), Technology (Machine Learning, Context Awareness, NLP), Deployment Type, Security Type, Security Solution, End-User, and Geography - Global Forecast to 2025

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Report Code
SE 5851
Published ON
Jan, 2018
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