Artificial Intelligence in Cyber Security Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Artificial intelligence has been advancing rapidly in the recent past. AI applications varying from technologies, healthcare, and pharmaceutical industries. AI has proven to be a crucial tool in reducing costs associated with various processes, development, manufacturing, automation, monitoring, adaption, and a vast range of others. The Artificial Intelligence in Cyber Security enables the expertise to analyze, study, and understand the cyber-crime with the speech recognition technology, Facebook Facial recognition software, and Google's search engine.

MARKET SCOPE

The "Global Artificial Intelligence in Cyber Security Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the artificial intelligence in cyber security market with detailed market segmentation by component, deployment mode, security type, industry vertical and geography. The report provides key statistics on the market status of the leading artificial intelligence in cyber security market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on component, the global artificial intelligence in cyber security market is segmented into solution, service
  
•   On the basis of deployment mode, the market is segmented into cloud-based, on-premise
  
•   Based on security type, the market is bifurcated into network security, endpoint security, application security, cloud security
  
•   Based on industry vertical, the market is bifurcated into BFSI, government and defense, IT and telecommunication, manufacturing, automotive and transportation, healthcare, others
  

MARKET DYNAMICS

Drivers:

•   Growing Adoption of IoT and Increasing Number of Connected Devices.
  
•   Increasing Instances of Cyber Threats.
  
•   Rising Concerns of Data Protection
  

Restraints

•   Inability of AI to Stop Zero-Day and Advanced Threats
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The artificial intelligence in cyber security market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the artificial intelligence in cyber security market in these regions.

IMPACT OF COVID-19 ON ARTIFICIAL INTELLIGENCE IN CYBER SECURITY MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the artificial intelligence in cyber security market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from artificial intelligence in cyber security market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the artificial intelligence in cyber security market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Amazon Web Services, Inc. (Amazon Inc.).
  
•   Cylance Inc.
  
•   Darktrace
  
•   IBM Corporation
  
•   Intel Corporation
  
•   Micron Technology, Inc.
  
•   NVIDIA Corporation
  
•   Samsung
  
•   Vectra AI, Inc.
  
•   Xilinx Inc.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Artificial Intelligence in Cyber Security Report Scope