![]() During the forecast period, AI for cloud cybersecurity services is forecast to see the fastest growth. Having a better framework for network protection reduces the risk of cyber-attacks and sabotage of data. The growth of the segment of network protection is mainly driven by the increase in the adoption and susceptibility of wireless networks, as facilities today increasingly rely on wireless networks for data transfer. Based on security type, the network security category held the largest share in the AI in the cybersecurity market in 2018. Global AI in Cyber Security Market is segmented by security type into Identity and access security services, network security services, cloud security services, data security services, and others. Machine learning technology provides rapid data collection, prediction, and processing from limitless sources and also helps to analyze and interpret user actions, making it the most commonly used AI technology in the cybersecurity market.Ĭloud security services Segment to grow with the highest CAGR during 2019-30 In order to avoid similar attacks and respond to evolving actions, cybersecurity systems will analyze patterns and learn from them with ML. ML occupies major market share is largely due to its ability to better handle threat learning algorithms to protect companies by using voluminous data. Based on Technology, the ML category held the largest share in the AI in the cybersecurity market in 2018. Global AI in Cyber Security Market is segmented by Technology into Machine Learning, Natural Language Processing, and Context-Aware Computing. Machine learning Segment to grow with the highest CAGR during 2019-30 In order to implement cybersecurity applications, AI systems require various types of software, including application program interfaces, such as language, voice, vision, and sensor data, along with machine learning algorithms. In addition to machine learning (ML) algorithms, in order to understand cybersecurity applications, different types of software are needed in AI systems, which include application program interfaces (APIs), such as language, voice, sensor data, and vision. Whereas, the software segment is expected to see the fastest growth in AI in the cybersecurity market on the basis of availability. The hardware segment dominated the market in 2018, and it is further projected to continue its domination during the forecast period. Global AI in the Cyber Security Market is segmented by offering Hardware, software, and service. Software Segment to grow with the highest CAGR during 2019-30 Global AI in Cyber Security Market: Segments In addition, growing government spending in the security sector, the growing need for small and medium-sized businesses for cloud-based security solutions, and the increasing adoption of 5 G technology are also leading to the growth of artificial intelligence in the cybersecurity market. Some of the key factors driving the growth of artificial intelligence in the cybersecurity market are growing demand for innovative cybersecurity solutions & privacy, increasing the frequency & sophistication of cyber-attacks, the advent of disruptive emerging technology across the industry verticals, and continuous technological developments in security solutions. ![]() Global AI in Cyber Security Market to surpass USD 28.09 billion by 2030 from USD 5.03 billion in 2018 at a CAGR of 23.5 % throughout the forecast period, i.e., 2019-30. Global AI in the Cyber Security Market is expected to project a notable CAGR of 23.5% in 2030. ![]() It is quickly seen as a blessing to our progressive future rather than a bane or a threat. AI has been a key instrument in reducing the cost of multiple processes, growth, production, automation, monitoring, adaptation, and a wide range of others. AI has the ability to process natural language and other features and their functionalities, from computer vision to speech recognition. AI has already made its debut in the area of drug discovery & development and is sure to be embraced in the future by many more markets, sectors, markets, and applications. From applications in a multitude of features and innovations to the healthcare and pharmaceutical sectors as well. In recent years, artificial intelligence (AI) has been progressing by leaps and bounds. 22, 2022 (GLOBE NEWSWIRE) - announces the release of the report "AI in Cyber Security Market: Market Segments: By Offering By Deployment Type By Technology By Security Type By Application By End User and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030".
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