Artificial Intelligence (AI) in Security Market Trade Analysis and Statistical Forecast (2024-2031) | Palo Alto Networks Inc., Trellix, Darktrace.

The Artificial Intelligence (AI) in Security Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Artificial Intelligence (AI) in Security market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Global Artificial Intelligence (AI) in Security Market reached USD 21.0 billion in 2022 and is expected to reach USD 54.2 billion by 2031, growing with a CAGR of 19.1% during the forecast period 2024-2031.

The Artificial Intelligence (AI) in Security Market focuses on the application of AI technologies to enhance security systems, including surveillance, threat detection, and automated response. AI-powered solutions, such as facial recognition, anomaly detection, and predictive analytics, improve the accuracy and efficiency of security operations across industries like defense, banking, retail, and cybersecurity. Market growth is driven by rising concerns over security threats, advancements in AI technologies, and the increasing adoption of AI solutions for both physical and cyber security applications.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Palo Alto Networks Inc., Trellix, Darktrace, Cyclance Inc., Fortinet, Inc., Nozomi Networks Inc., , ESET, s.r.o., ThreatMetrix, Inc. and Vectra AI, Inc..

Key Developments:

In October 2022, UBS and Microsoft announced an expansion of their partnership, with UBS committing to run more than 50% of its applications, including critical workloads, on Azure over the next five years. This initiative aims to modernize UBS's global technology infrastructure and aligns with the bank's "cloud-first" policy, enabling it to enhance operational efficiency and agility by leveraging the scalability and flexibility of cloud computing.

In September 2022, Kyndryl, an independent company spun off from IBM's Managed Infrastructure Services business, and Elastic, the company behind Elasticsearch and the Elastic Stack, announced an expanded partnership to enable data observability. This collaboration is designed to help organizations unlock deeper insights from their data by combining Kyndryl's expertise in data and AI operations with Elastic's solutions for search, observability, and security, thus enhancing the ability to monitor and secure complex data environments.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Artificial Intelligence (AI) in Security market has been segmented

By Offering: Hardware, Software, Services.

By Deployment Type: Cloud, On-Premise.

By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security.

By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing.

By Application: Identity and Access Management, Risk and Compliance Management, Data Loss Prevention, Unified Threat Management, Security and Vulnerability Management, Others.

By End-User: BFSI, Retail, Defense, Manufacturing, Enterprise, Others.

Research Process

Both primary and secondary data sources have been used in the global Artificial Intelligence (AI) in Security Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Artificial Intelligence (AI) in Security Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Artificial Intelligence (AI) in Security market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Artificial Intelligence (AI) in Security Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Artificial Intelligence (AI) in Security market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Artificial Intelligence (AI) in Security Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

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