Global AI in Cyber Security Market to Witness 35.0% CAGR During 2018 – 2024

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Global AI in Cyber Security Market
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Industry Overview

• The global AI in cyber security market is
  predicted to grow at 35.0 CAGR during the
  forecast period with the market size reaching USD
  31.2 billion by 2024. Different technologies
  including natural language processing, machine
  learning, and image processing are majorly
  contributing to the AI in Cyber Security market
  size. The market has witnessed significant demand
  for these technologies and services over the last
  few years due to increasing adoption of internet
  of things (IoT), vulnerability of systems
  connected to Wi-Fi networks, and increasing
  number of cyber-attacks.
• Explore Full Report Description at
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  intelligence-in-cyber-security-market

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market segmentation

• Based on technology, the AI in cyber security
  market is categorized into natural language
  processing, speech recognition, machine learning,
  and image processing, of which machine learning
  technology holds the largest share in the AI in
  cyber security market, globally. The machine
  learning technology offers rapid analysis,
  prediction and processing of data from unlimited
  number of sources and also helps in analyzing
  user behavior and interpret them, which makes
  its the most utilized technology for AI in cyber
  security market.

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Geographic Overview

• Geographically, North America is the largest AI
  in cybersecurity market as the number of mobile
  malware attacks are increasing in the country and
  increasing usage of connected devices in the
  region. Moreover, in the U.S., largenumber of
  industry players spend largesum of capital to
  tackle the cybersecurity threats. Asia-Pacific is
  observed to witness the fastest growth for AI
  solutions in cyber security during the forecast
  period. Different organizations including larges
  as well as small enterprises are adopting these
  technologies to ensure security from
  cyber-attacks.

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Competition among key players

• Market players in the AI in cybersecurity
  industry are investing capital to develop
  technologically advanced systems for anomaly
  detection, web filtering, intrusion detection,
  and data loss prevention among others. Check
  Point Software Technologies Ltd, Juniper
  Networks, Inc., Amazon, Inc., Intel Corporation,
  RSA Security LLC, Palo Alto Networks, Inc.,
  Fortinet, Inc., IBM Corporation, Inc., FireEye,
  Inc., BAE Systems Plc, Cisco Systems Inc., and
  Symantec Corporation are some of the key players
  offering solutions and services for AI in
  cybersecurity.

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In
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