LONDON, Nov. 9, 2023 (GLOBE NEWSWIRE) — The global Artificial Intelligence in Security market is experiencing impressive growth driven by the pressing need to strengthen cybersecurity, according to The Business Research Company’s Artificial Intelligence in Security Global Market Report 2023. I am trying to accomplish this. Furthermore, artificial intelligence in the security market $18.52 billion in 2022 to $22.7 billion in 2023boasts an amazing compound annual growth rate. (CAGR) 22.5%. The upward trajectory of artificial intelligence in the security market is expected to continue. $50.25 billion by 2027maintain, CAGR 22%.
Cybersecurity threats: key drivers of growth
The increasing risk of cyber attacks is a crucial factor driving the growth of artificial intelligence in the security market. Cyberattacks, including phishing, are malicious attempts to gain unauthorized access to computer systems, networks, or data with the intent to cause damage. Demand for advanced artificial intelligence security solutions is increasing as organizations seek to strengthen their defenses and respond to evolving threats. These solutions employ methods such as encryption, anomaly detection, and behavioral analysis to protect your data. This surge in cyberattacks highlights the importance of artificial intelligence in security.
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Technological advances: pioneering trends
The introduction of advanced technology is a notable trend of artificial intelligence in the security market. Industry leaders are at the forefront of implementing cutting-edge technology to stay competitive. In March 2023, Microsoft Corporation announced Security Copilot, an AI-powered cybersecurity assistant tool designed to help professionals identify compromise and threat signals and enhance data analysis. This innovative tool integrates Microsoft’s cybersecurity-specific training model, covering an incredible 65 trillion daily alerts and global threat intelligence.
geographic dynamics
As of 2022, North America will hold the largest share of the artificial intelligence in security market. However, Asia Pacific is expected to be the fastest growing region during the forecast period, highlighting the global expansion of AI-powered security solutions.
Artificial Intelligence in Security Market Segmentation
The Global Artificial Intelligence in Security Market Report 2023 provides a detailed analysis of market segmentation.
- component:
- solution:
- Identity and access management (IAM)
- Risk and compliance management
- encryption
- Data loss prevention (DLP)
- Unified Threat Management (UTM)
- Antivirus or antimalware
- Intrusion detection or prevention system (IDS or IPS)
- Other solutions
- introduction:
- Type of security:
- network security
- Application security
- cloud security
- endpoint security
- Other security types
- user:
- company
- BFSI (Banking, Financial Services and Insurance)
- government and defense
- retail
- health care
- manufacturing industry
- Automobiles and transportation
- infrastructure
- Other end users
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The Global Market Report for Artificial Intelligence in Security 2023 provides a valuable resource for stakeholders in Artificial Intelligence in Security. As artificial intelligence in the security market continues to grow, businesses, investors, and cybersecurity professionals can use this report to their advantage.
Global Market Report for Artificial Intelligence in Security 2023 Provides insights on Artificial Intelligence in Security Market Size, Artificial Intelligence in Security Market Segment, Artificial Intelligence in Security Market Trends, Drivers and Constraints, Market Positioning, Revenue and Market Share of Key Competitors by The Business Research Company To do.
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