Artificial Intelligence (AI) in Cyber Security Market Size, Share, And Growth Report 2032

Artificial Intelligence (AI) in Cyber Security Market: Size

The global Artificial Intelligence (AI) in Cyber Security market size was worth around USD 23.21 billion in 2023 and is predicted to grow to around USD 136.90 billion by 2032 with a compound annual growth rate (CAGR) of roughly 21.8% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Artificial Intelligence (AI) in Cyber Security market on a global and regional level.

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Artificial Intelligence (AI) in Cyber Security Market: Overview

Artificial intelligence (AI) demand is growing significantly worldwide and cyber security is one of them. The main purpose of AI is to reduce the workload of the human cyber security engineers, by handling various details of situations that are highly complicated for humans to tackle accurately.

The globally increasing IoT adoption and the number of connected devices have simultaneously increased the risk of cyberattacks. The rising number of cybercrimes is propelling the artificial intelligence (AI) in cyber security market. Some common cyber frauds faced by large enterprises are identity and payment card thefts, these cybercrimes when not resolved on time can lead to huge monetary losses. Cybersecurity providers are significantly using AI solutions for tackling such cyberattacks by early threat detection, response time reduction, and segregation as per priority. AI solutions not only provide wider security as compared to human potential but also simplify complete recognition and acknowledgment procedures related to cyber frauds. Thereby, the escalating cybersecurity risk incidences are prominently driving the artificial intelligence (AI) in cyber security market globally. However, the lack of technical expertise for AI application implementation may hinder the artificial intelligence (AI) in cyber security market growth to some extent. Furthermore, the emerging demand for cloud-based security solutions among various small- to medium-sized enterprises is anticipated to create lucrative market opportunities.

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Artificial Intelligence (AI) in Cyber Security Market: Segmentation

The global artificial intelligence (AI) in cyber security market is categorized based on offering, security, technology, security solution, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By offering, the market includes hardware (processors, memory, and network), software (AI platforms and AI solutions), and services (support and maintenance and deployment and integration).

The security segment is majorly classified into endpoint security, network security, cloud security, and application security.

The technology segment is categorized into machine learning, context awareness, and NLP. Machine learning segment is further segregated into supervised learning, deep learning, reinforcement learning, unsupervised learning, and others.

On the basis of security solution, the market is segmented into identity and access management, risk, and compliance management, antivirus/antimalware, data loss prevention, encryption, intrusion detection/prevention systems, unified threat management, and others.

The end-user segment of the market comprises BFSI, government and defense, retail, enterprises, manufacturing, healthcare, infrastructure, automotive and transportation, and others.

Artificial Intelligence (AI) in Cyber Security Market: Report Scope

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

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is anticipated to hold a substantial share in the artificial intelligence (AI) in cyber security market globally in the years ahead, owing to the remarkable presence of globally leading market players and the early adoption of latest technologies.

Artificial Intelligence (AI) in Cyber Security Market: Competitive Players

Some key participants operating in the artificial intelligence (AI) in cyber security market are:

• NVIDIA
• IBM
• Cylance
• Intel
• Xilinx
• Micron
• Securonix
• ThreatMetrix
• Acalvio
• Skycure
• Sift Science
• SparkCognition
• Darktrace
• BAE Systems
• Symantec Corporation
• Check Point Software Technologies
• Fortinet
• Cisco Systems
• FireEye
• RSA Security

This report segments the global artificial intelligence (AI) in cyber security market into:

Artificial Intelligence (AI) in Cyber Security Market: Offering Analysis

• Hardware

• Processors
• Memory
• Network

• Software

• AI Platforms
• AI Solutions

• Services

• Support and Maintenance
• Security and Integration

Artificial Intelligence (AI) in Cyber Security Market: Security Analysis

• Endpoint Security
• Network Security
• Application Security
• Cloud Security

Artificial Intelligence (AI) in Cyber Security Market: Technology Analysis

• Machine Learning

• Supervised Learning
• Deep Learning
• Reinforcement Learning
• Unsupervised Learning
• Others

• Context Awareness
• NLP

Artificial Intelligence (AI) in Cyber Security Market: Security Solution Analysis

• Identity and Access Management (IAM)
• Antivirus/Antimalware
• Risk and Compliance Management
• Encryption
• Intrusion Detection/Prevention Systems
• Data Loss Prevention (DLP)
• Unified Threat Management (UTM)
• Others

Artificial Intelligence (AI) in Cyber Security Market: End-User Analysis

• BFSI
• Government and Defense
• Retail
• Enterprises
• Manufacturing
• Healthcare
• Infrastructure
• Automotive and Transportation
• Others

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

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa