NEW YORK, May 28, 2020 (GLOBE NEWSWIRE) -- The global AI in cyber security market is estimated to be valued at USD 12.0 billion in 2020 and is expected to reach USD 30.5 billion by 2025, growing at a CAGR of 20.5% CAGR during the forecast period (2020–2025).
Industry Insights by Technology (Natural Language Processing, Speech Recognition, Machine Learning, and Image Processing), by Service Type (Identity and Access Security Services, Network Security Services, Cloud Security Services, Data Security Services, and Others), by Application (Firewall, Distributed Denial of Services, Anomaly Detection, Web filtering, Intrusion Detection, and Data Loss Prevention)
The market is driven by factors such as increasing stringent data privacy regulations, increasing number of cyber-attacks, increasing adoption of digital solutions, and increasing inclination towards cloud-based solutions from on-premise. The continuous research and development for technologically advanced systems for anomaly detection, web filtering, intrusion detection, and data loss prevention among others, further fuels the growth of the market.
Get a free copy of sample report: https://www.vynzresearch.com/ict-media/artificial-intelligence-in-cyber-security-market/request-sample
The market for AI in cyber security devices is primarily driven by increasing data frauds and cyber-attacks worldwide. Also, increasing number of internet and social media users, digitalization of banking and finance sectors create immense opportunities for the industry players to develop advance AI systems to provide cyber security. With the more people getting connected to the vulnerable Wi-Fi networks, the chances of cyber security breaches immensely increase. This creates the utmost need for certain systems and programs which can detect, predict, process and analyze such threats and keep public and organizations safe from cyber-attacks. AI offers the solution to the threat to a great extent and therefore different industry players are focusing on utilizing AI for cyber security, thereby fuelling the growth of the global market.
Explore key industry insights in 200 tables and 109 figures from the 205 pages of report, “Global Artificial Intelligence (AI) in Cyber Security Market Analysis and Forecast to 2025 - Industry Insights by Technology (Natural Language Processing, Speech Recognition, Machine Learning, and Image Processing), by Service Type (Identity and Access Security Services, Network Security Services, Cloud Security Services, Data Security Services, and Others), by Application (Firewall, Distributed Denial of Services, Anomaly Detection, Web filtering, Intrusion Detection, and Data Loss Prevention)”
Based on technology, the AI in cyber security market is categorized into natural language processing, speech recognition, machine learning, and image processing. Of all these technologies, machine learning technology holds the largest share in the AI in cyber security market, globally. The demand for natural language processing technology for cybersecurity is predicted to grow at the fastest rate during the forecast period in terms of its market size. Natural language processing helps to interpret, interact and establish interaction between computer and human languages. This helps systems to learn patterns of cyber-attacks and provide a safer cyber environment for the users.
On the basis of security type, the market is segmented into Identity and access security services, network security services, cloud security services, data security services, and others. Of all, the AI for cloud cybersecurity services is predicted to witness the fastest growth during the forecast period, due to the increasing number of or large enterprises using cloud platform for data repository and as servers, which makes it vulnerable to cyber-attacks.
Based on application, the market is segmented into firewall, distributed denial of services, anomaly detection, web filtering, intrusion detection, and data loss prevention. The AI in Cyber Security market size is the largest for anomaly detection. The key factors leading to the largest contribution of the application to the AI in cyber security market are increasing instances of cyber-attacks in banking and financial sectors.
North America accounted for the major share in the AI in cybersecurity industry in 2019, globally as the players in the region are continuously investing capital for the advancement of AI technology for cybersecurity. U.S. offers a competitive environment for major players worldwide, as the country is the largest user of AI technology in most of the industrial sectors. This creates traction for the industry players to utilize the opportunities of revenue generation in the country. Asia-Pacific is observed to witness the fastest growth in the AI in cybersecurity market.
Check Point Software Technologies Ltd, Juniper Networks, Inc., Amazon, Inc., Intel Corporation, RSA Security LLC, Palo Alto Networks, Inc., Fortinet, Inc., IBM Corporation, Inc., FireEye, Inc., BAE Systems Plc, Cisco Systems Inc., and Symantec Corporation are some of the key players offering solutions and services for AI in cyber security.
Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/ict-media/artificial-intelligence-in-cyber-security-market/customize-report
Global AI in Cyber Security Market Coverage
Technology Insight and Forecast 2015 – 2025
Service Type Insight and Forecast 2015 – 2025
Application Insight and Forecast 2015 – 2025
AI in Cyber Security Market by Region
Middle East & Africa (MEA)
More from VynZ Research:
COVID-19 Outbreak – Impact Assessment on Tourism Industry
Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus. The diseases The COVID-19 outbreak has the most impact on the tourism industry. Amid lockdown across the globe, the sector has been the hardest hit by the outbreak. Since January 2020, almost every destination has put travel restrictions. And it is anticipated that the industry will be hit harder than the financial meltdown of 2008-2009 or any other event in recent history.
Global Cloud Radio Access Network (C-RAN) Market Analysis and Forecast to 2025
The global cloud radio access network (C-RAN) market was valued at USD 8.5 billion in 2019, growing at a CAGR of 20.0% during the forecast period. Cloud radio access network (C-RAN) refers to the centralized/cloud radio access network and is the liaison between the core network and mobile phone users. Increasing the number of mobile phone users, adoption of cloud infrastructure across industries, competition among the mobile network providers for launching 5G networks are expected to boost the demand for low cost and vastly scalable C-RAN technology.
Global Employment Screening Service Market Analysis and Forecast to 2025
The global employment screening service market was valued at USD 4.4 billion in 2019 and is expected to reach USD 5.9 billion by 2025, growing at a CAGR of 4.7% during 2020-2025. The global employment screening service market is growing at a fast rate during the forecast period. The major reason behind the high growth of employment screening service market globally is growing job opportunity across the globe and proportionally growing number of candidate data discrepancies. Employment screening service implementation brings a substantial reduction in time and cost of human resource department of organizations.
Benefits of Report Purchase from VynZ:
We provide accurate data and in-depth analysis with all-inclusive coverage. We focus on robust research methodology and data triangulation to ensure high quality report. We believe in providing 24*7 analyst support to our client – Pre and post purchase of the report as well as during the project tenure.
We also offer 20% post purchase free customization in the study to meet your needs. Due. We claim full customer satisfaction as our core values lie in building long term relationship.
About VynZ Research
VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, and market shares and anticipated new trends & technologies arising across wide range of industries.
Toll Free (U.S. and Canada): +1-888-253-3960