The global AI in cyber security market size was US$ 6.1 billion in 2021. The global AI in cyber security market is forecast to grow to US$ 27.09 billion by 2030 by registering a compound annual growth rate (CAGR) of 21.6% during the forecast period from 2022 to 2030.
Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1273
The U.S. Bureau of Economic Analysis and the U.S. Census Bureau reports that the goods and services deficit rose from $68.7 billion in January 2023 to $70.5 billion in February, an increase of $1.9 billion. Due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion, the goods and services deficit increased in February. The goods and services deficit has decreased this year by $35.5 billion, or 20.3% when compared to the same period in 2022. $10.8% more, or $49.5 billion, was exported. Imports cost $2.2% more, or $14.0 billion, than exports.
Factors Influencing the Market
The increasing rate of cyber fraud will primarily drive the growth of AI in the cyber security market. Artificial intelligence is becoming increasingly important in cybersecurity as the number of cybercrimes increases. Over 55% of all cybercrimes are cyber frauds, including identity and credit card thefts. Cyber fraud can be easily combatted through the use of AI-driven systems that identify dangers. Thus, it will drive the growth of the AI in cyber security market during the study period.
The growth of connected devices has created a security blind spot where cybercriminals or hackers can target gadgets like webcams, smart TVs, routers, printers, and even smart home appliances in industry verticals, including healthcare enterprises and BFSI. Thus, it will contribute to the growth of the AI in cyber security market. Growing adoption of IoT and connected devices will benefit the AI in cyber security market during the study period. On the flip side, a lack of awareness about AI in cyber security may limit the growth of the AI in cyber security market during the study period.
COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the rate of cyber-attacks increased. As a result, it has been beneficial for the AI in cyber security market. Moreover, the market also witnessed ample growth opportunities due to the sudden increase in the adoption of smart devices. Thus, it will accelerate the growth of the AI in cyber security market.
Request Full Report :-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1273
Regional Analysis
North America is forecast to hold dominance in the AI in cyber security market due to the amplifying deployment of cybersecurity solutions. Cybercrimes like ransomware are happening more frequently than ever before, disrupting business operations significantly. The reasons influencing the region’s development include the high pace of digitization brought on by the vast number of businesses in the region.
Competitors in the Market
? Micron Technology, Inc
? Intel Corporation
? Xilinx Inc.
? IBM Corporation
? Amazon Web Services, Inc.
? Samsung Electronics Co., Ltd.
? NVIDIA Corporation
? Darktrace
? Cylance Inc
? Vectra AI, Inc.
? Other Prominent Players
Market Segmentation
The global AI in cyber security market segmentation focuses on Offering, Deployment, Security, Technology, Application, End-User, and Region.
By Offering:
? Hardware
? Software
? Service
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 & Access Management
? Risk & Compliance Management
? Data Loss Prevention
? Unified Threat Management
? Security & Vulnerability Management
? Antivirus/Antimalware
? Fraud Detection/Anti-Fraud
? Intrusion Detection/Prevention System
? Threat Intelligence
? Others (firewall, disaster recovery, DDoS mitigation, web filtering, application whitelisting, and patch management)
By End-user:
? BFSI
? Retail
? Government & Defense
? Manufacturing
? Infrastructure
? Enterprise
? Healthcare
? Automotive & Transportation
? Others (oil & gas, education, energy)
Get a Sample PDF copy of the report :-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1273
By Regional Outlook
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
Why to purchase this report :
- The report would provide an in-depth analysis on the current and future market trends
- Analysis on global, regional and country level markets
- Key strategic initiatives taken by major players operating in the market along with ranking analysis for the key players
- Analysis based on historical information along with the current trends to estimate the future of the market
- Analysis of the impact of constantly changing global market scenarios
What is the goal of the report?
1.The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
2.During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
3.The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1273
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE)
Website:https://www.reportocean.com/