Press release
AI in Cybersecurity Market: Steady Growth, Exciting Trends, and Key Players
A consistent CAGR and rising trends befitting the future of digital securityWhat Is The Projected Market Size Of The Global AI In Cybersecurity Market And Its Growth Rate?
• The AI in cybersecurity market size has expanded significantly in recent years, specifically, it will grow from $24.67 billion in 2024 to $30.79 billion in 2025 at a compound annual growth rate (CAGR) of 24.8%.
• The extension can be credited to AI efficacy, the emergence of predictive analytics, utilization of big data, and evolving cybersecurity landscape, among others.
• Furthermore, the AI in cybersecurity market size is anticipated to experience exponential growth in the forthcoming years. It will rise to $82.56 billion in 2029 at a compound annual growth rate (CAGR) of 28.0%.
• This expansion can be attributed to increasing cyber threat sophistication, growing IoT device adoption, demand for real-time threat detection, and the shift to cloud-based security.
What Is Driving The Growth In The AI In Cybersecurity Market?
The escalation in cybercrimes is expected to propel the growth of AI in the cybersecurity market. Cybercrimes encompass illegal activities involving computers, networks, or digital devices carried out by individuals or groups with malicious intent. Artificial intelligence helps tackle the growing cyber threats by offering advanced security solutions that can promptly detect, analyze, and respond to cyber threats, reducing false positives by sifting out non-threatening activities. As per the Federal Bureau of Investigation, a US-based law enforcement agency, investment fraud complaints in 2022 climbed to $3.31 billion, a hefty rise of 127% from the $1.45 billion reported in 2021, signifying the pressing need for AI in the cybersecurity realm.
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Who Are The Key Players Driving AI In Cybersecurity Market Growth?
Major companies involved in the AI in cybersecurity market include:
• Nvidia Corporation
• Intel Corporation
• Xilinx Inc.
• International Business Machines Corporation
• Amazon Web Services Inc.
• Microsoft Corporation
• Palo Alto Networks Inc.
• CrowdStrike Holdings Inc.
• NortonLifeLock Inc.
• Cylance Inc.
• FireEye Inc.
• Others
What Are The Key Trends In The AI In Cybersecurity Market?
Key trends include:
• AI in endpoint security
• Threat intelligence and information sharing
• AI-enhanced incident response
• AI-powered authentication
• Prediction and preemptive measures.
What Are The Segments Of The Global AI In Cybersecurity Market?
The AI in cybersecurity market includes the following segments:
1) By Offering: Hardware, Software, Services
2) By Technology: Machine learning, NLP, and Context-Aware Computing
3) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security
4) By Application: Identity and Access Management, Risk and Compliance Management, Data Loss Prevention, Unified Threat Management, Security and Vulnerability Management, Antivirus or Anti-malware, Fraud Detection or Anti-Fraud, Intrusion Detection or Prevention System, Threat Intelligence, Other Applications
5) By End Users: BFSI, Retail, Manufacturing, Infrastructure, Enterprise, Healthcare, Automotive and Transportation, Government and Defense, Other End-Users
Which Region Leads The AI In Cybersecurity Market?
North America was the leading region in the AI in cybersecurity market in 2024. Meanwhile, Asia-Pacific is projected to be the fastest-growing region during the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The AI In Cybersecurity Market Global Market Report?
- Market Size Analysis: Analyze the AI in Cybersecurity Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI in Cybersecurity Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI in Cybersecurity Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI in Cybersecurity Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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