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Artificial Intelligence in Cybersecurity Market Size Expansion: A Snapshot of Growth Between 2024 and 2029
In recent times, the artificial intelligence in cybersecurity market has experienced a significant surge in size. Its growth is projected to rise from $28.68 billion in 2024 to $35.08 billion in 2025, reflecting a compound annual growth rate (CAGR) of 22.3%.
Factors such as escalating cyber threats, automated threat detection, a scarcity of skilled cybersecurity personnel, persistent advanced threats, and issues pertaining to data breaches and privacy have propelled growth in the historic period.
The market size of artificial intelligence in cybersecurity is predicted to witness a significant surge in the coming years, rising to $78.76 billion in 2029 with an annual compound growth rate (CAGR) of 22.4%. This growth during the forecasted period can be associated with a rise in the complexity of malware, advanced AI-threat surveillance, rapid data proliferation, protection from zero-day threats, and integration with security orchestration.
Important trends to be seen in this forecast period will consist of collective threat intelligence, behavioral analytics, automation of threat intelligence, defensive tactics for adversarial machine learning, and consolidation with cloud security.
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Key Drivers Behind the Expansion of the Artificial Intelligence in Cybersecurity Market: Insights and Trends
The rise in cyber threats is anticipated to act as a catalyst for the expansion of the artificial intelligence (AI) in cybersecurity market. Cyber threats are malicious acts designed to steal, damage data or compromise the digital integrity and stability of an organization.
AI proves to be instrumental in cybersecurity since it works with advanced algorithms to swiftly identify, analyze, and counteract evolving cyber threats, boosting overall threat intelligence and response capacities. An illustration of this is illustrated in the Annual Cyber Threat Report 2022 by the Australian Cyber Security Centre, an Australian-based cybersecurity agency, which reported in November 2022 that cybercrime reports in Australia surged to 76,000 in 2022, a jump of around 13% from the preceding year.
As such, the escalating occurrences of cyber threats are fuelling the growth of the artificial intelligence in cybersecurity market.
Which Segments in the Artificial Intelligence in Cybersecurity Industry Are Seeing the Fastest Growth?
The artificial intelligence in cybersecuritymarket covered in this report is segmented –
1) By Offering: Software, Services
2) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing
3) By Deployment Mode: Cloud, On-Premise
4) By Application: Antivirus Or Antimalware, Data Loss Prevention, Fraud Detection Or Anti-Fraud, Identity And Access Management, Intrusion Detection Or Prevention System, Risk And Compliance Management, Security And Vulnerability Management, Threat Intelligence, Other Applications
5) By End-User: BFSI (Banking, Financial Services, And Insurance), Enterprise, Retail, Government And Defense, Manufacturing, Healthcare, Automotive And Transportation, Infrastructure, Other End Users
Subsegments:
1) By Software: Threat Detection And Response, Identity And Access Management, Data Loss Prevention, Endpoint Security, Network Security, Security Information And Event Management (SIEM), Fraud Detection
2) By Services: Consulting Services, Managed Security Services, Training And Support Services
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Which New Trends Will Create Growth Opportunities in the Artificial Intelligence in Cybersecurity Market?
Prominent businesses in the AI in cybersecurity sector are amplifying their efforts to launch high-tech solutions like AI-powered cybersecurity assistants to strengthen their market position. These AI-powered cybersecurity assistants are cutting-edge software tools that employ AI algorithms and machine learning methods to aid cybersecurity specialists.
For example, US technology firm Microsoft Corporation released the Microsoft Security Copilot in March 2023. It is an AI-enabled cybersecurity assistant developed to empower security professionals to identify and react to threats more efficiently.
It leverages generative AI for personalized insights and suggestions, helping security teams counter threats at an accelerated rate. The tool integrates signals and data from a myriad of sources including trillions of daily security signals, to generate specific guidance for security professionals.
In addition, Security Copilot is engineered to integrate effortlessly with current security tools like Windows Security, Defender XDR, and Intune to achieve the optimum results.
Which Global Regions Are Powering Demand in the Artificial Intelligence in Cybersecurity Market?
North America was the largest region in the artificial intelligence in cybersecurity market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The regions covered in the artificial intelligence in cybersecurity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How Key Players Are Driving Growth in the Artificial Intelligence in Cybersecurity Market?
Major companies operating in the artificial intelligence in cybersecurity market report are Samsung Electronics Co Ltd., Microsoft Corporation, Amazon Web Services Inc., Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Micron Technology Inc., NVIDIA Corporation, Trellix, Palo Alto Networks Inc., Fortinet Inc., Symantec Corporation, NortonLifeLock, Xilinx Inc., Gen Digital Inc., Palantir Technologies, CrowdStrike, Zscaler, LexisNexis, FireEye Inc., Darktrace, SentinelOne, Vectra AI Inc., Cybereason, Venafi Inc., Securonix Inc., Cylance Inc., SparkCognition, Tessian, Acalvio Technologies Inc.
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