Artificial Intelligence Hardware in Security Market Trends, Business Overview, Industry Growth and Forecast to 2028

The artificial intelligence hardware in security market is anticipated to grow at a significant CAGR of 19.0% during the forecast period (2022-2028). In security solutions, artificial intelligence (AI) hardware integrates endpoint data and analytics to obtain threat information, which assists in detecting and exposing an attack in a specific cyber environment. With the rise of online transactions and an increase in NEFT and RTGS, as well as mobile transactions, the demand for security solutions is increasing. AI and its applications enable users to secure any system by generating real-time alerts that may be used to limit risk. These systems are being trained using the data accessible within the businesses. Threats and malware may be proactively averted rather than only discovered with the use of machine learning and AI. The major factor driving the growth of the market includes the increasing demand for AI hardware units and chips that perform highly parallel operations and simultaneous computations

The global artificial intelligence hardware in security market is segmented based on hardware type, deployment, and end-user. Based on the hardware type, the market is sub-segmented into head node, accelerator, and others. Based on the deployment, the market is sub-segmented into on-premise and cloud. Based on end-user, the market is sub-segmented into government & defense, retail, BFSI, manufacturing, healthcare, and automotive & transportation Among these end-users, the BFSI segment is expected to propel the growth of the market due to the rise in the adoption of AI-based security solutions that have helped to improve banking services.

The market players are also contributing significantly to the market's growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2021, IBM Corp. launched AI Hardware Composer for analog AI hardware on the second anniversary of the IBM Research AI Hardware Center. It enables users to master and accelerate the AI hardware technology to power more sustainable AI models.

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Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Hardware Type
•By Deployment
•By End-User
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World

Competitive Landscape- IBM Corp., F-Secure Corp., Tech Mahindra Ltd., Cisco Systems Inc., Nvidia Corp., Samsung Electronics Co., Ltd., and Broadcom Inc. (a subsidiary of Symantec Corp.), Fortinet Inc., among others.

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Global AI Hardware in Security Market Report by Segment
By Hardware Type
•Head Node
•Accelerator
•Others
By Deployment
•On-Premise
•Cloud
By End-User
•Government & Defense
•Retail
•BFSI
•Manufacturing
•Healthcare
•Automotive & Transportation

Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?

 

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