Global AI in Cyber Security Market to Witness 35.0% CAGR During 2018 – 2024 - PowerPoint PPT Presentation

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

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global AI in cybersecurity market is predicted to grow at 35.0% CAGR during the forecast period with the market size reaching USD 31.2 billion by 2024. The market is driven by the factors such as increasing stringent data privacy regulations, increasing number of cyber-attacks, increasing adoption of digital solutions, and increasing inclination towards cloud-based solutions from on-premise. The continuous research and development for technologically advanced systems for anomaly detection, web filtering, intrusion detection, and data loss prevention among others., further fuels the growth of the market. – PowerPoint PPT presentation

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


1
Global AI in Cyber Security Market
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2
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
    https//www.vynzresearch.com/ict-media/artificial-
    intelligence-in-cyber-security-market

3
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.

4
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.

5
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.

6
In
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