Artificial Intelligence in Cybersecurity Market worth $86.07 billion by 2030, growing at a CAGR of 24.18% - Exclusive Report by 360iResearch

The "Artificial Intelligence in Cybersecurity Market by Type (Application Security, Cloud Security, Endpoint Security), Component (Hardware, Services, Software Solutions), Technology, Applications, Organization Size, Deployment, Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Artificial Intelligence in Cybersecurity Market to grow from USD 18.89 billion in 2023 to USD 86.07 billion by 2030, at a CAGR of 24.18%.

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Artificial intelligence (AI) in cybersecurity refers to the use of machine learning algorithms, natural language processing, and other AI methodologies to enhance cyber defense systems. Integrating AI into cybersecurity allows for automating complex processes for detecting, repelling, and recovering from cyber threats. This includes real-time threat detection, pattern recognition, and predictive analytics to identify potential vulnerabilities before they are exploited. More connected devices and flexible work policies increase vulnerability points, prompting stronger AI cyber defenses and stringent data protection laws, necessitating more advanced security solutions and augmenting the demand for AI in cybersecurity. However, concern regarding technical issues associated with AI in cybersecurity solutions may impede the market adoption. Nevertheless, developing autonomous security systems, AI-driven security for edge computing, machine learning models for predicting new malware, and integrating AI with blockchain for enhanced data integrity may create potential opportunities for market growth.

In the Americas, the market for AI in cybersecurity is driven by a sophisticated digital infrastructure and high cyber threat exposure. Customers in this region exhibit strong awareness and are proactive in adopting innovative AI-powered solutions to mitigate risks. Recently, there has been significant investment in cybersecurity AI, with companies and government agencies filing for numerous patents, reflecting a robust R&D environment with the U.S. governmental initiatives, including the Cybersecurity National Action Plan (CNAP) and private sector investments, underscoring the priority given to AI in combating cyber threats. The countries in the Asia-Pacific region are AI technology exporters and have vast markets for cybersecurity solutions. The Cybersecurity Law imposes strict requirements, creating customer demand for compliant AI security products, and reflects the focus on data sovereignty and protection. Furthermore, investments are surging in local startups focusing on AI in cybersecurity, with a particular emphasis on affordable and scalable solutions suitable for businesses and consumers in Asia-Pacific. The EU's alignment under regulations such as the General Data Protection Regulation (GDPR) provides a common ground for AI-driven cybersecurity solutions focused on data protection and privacy. The European Union Agency for Cybersecurity (ENISA) plays a significant role in nurturing AI security through research and guidelines to harmonize practices across Europe. The Middle East is witnessing an increasing need for AI in cybersecurity as digital transformation initiatives surge. Analysis of customer purchasing behavior indicates a growing inclination toward AI solutions tailored to prevent financial fraud and protect critical energy infrastructure. Initiatives across the continent focus on capacity building and awareness, contributing to gradual market development.

Market Segmentation & Coverage:

This research report categorizes the Artificial Intelligence in Cybersecurity Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Application Security, Cloud Security, Endpoint Security, and Network Security. The Network Security commanded largest market share of 31.82% in 2023, followed by Endpoint Security.

Based on Component, market is studied across Hardware, Services, and Software Solutions. The Software Solutions commanded largest market share of 49.16% in 2023, followed by Hardware.

Based on Technology, market is studied across Computer Vision, Machine Learning, and Natural Language Processing. The Machine Learning commanded largest market share of 38.61% in 2023, followed by Natural Language Processing.

Based on Applications, market is studied across Data Loss Prevention, Identity & Access Management, Intrusion Detection/Prevention Systems, and Risk and Compliance Management. The Identity & Access Management commanded largest market share of 33.29% in 2023, followed by Intrusion Detection/Prevention Systems.

Based on Organization Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Large Enterprises commanded largest market share of 64.67% in 2023, followed by Small & Medium Enterprises.

Based on Deployment, market is studied across On-Cloud and On-Premises. The On-Premises commanded largest market share of 68.27% in 2023, followed by On-Cloud.

Based on Industry, market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. The Banking, Financial Services & Insurance commanded largest market share of 13.98% in 2023, followed by Information Technology.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.98% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Artificial Intelligence in Cybersecurity Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Artificial Intelligence in Cybersecurity Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Artificial Intelligence in Cybersecurity Market, highlighting leading vendors and their innovative profiles. These include Acalvio Technologies, Inc., Advanced Micro Devices, Inc., Amazon Web Services, Inc., Argus Cyber Security Ltd., BitSight Technologies, Inc., BlackBerry Limited, Broadcom Inc., Capgemini Services SAS, CHECK POINT SOFTWARE TECHNOLOGIES LTD, Cisco Systems, Inc., Cloudflare, Inc., CROWDSTRIKE HOLDINGS, INC, CYBERARK SOFTWARE LTD., Darktrace Holdings Limited, Dassault Systèmes S.E., Deep Instinct, Inc., Feedzai - Consultadoria e Inovação Tecnológica, S.A., Fortinet, Inc., Gen Digital Inc., Google LLC by Alphabet Inc., Infosys Limited, Intel Corporation, International Business Machines Corporation, LexisNexis Risk Solutions, Inc., Mastercard Incorporated, McAfee, LLC, Microsoft Corporation, Nozomi Networks Inc., NVIDIA Corporation, Palo Alto Networks, Inc., Proofpoint Inc., RAPID7, INC., Samsung Electronics Co., Ltd., Securonix, Inc., Sentinelone, Inc., SparkCognition, Inc., Telefonaktiebolaget LM Ericsson, Tenable, Inc., Vectra AI, Inc., WatchGuard Technologies, Inc., Wipro Limited, and Zimperium, Inc..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Artificial Intelligence in Cybersecurity Market, by Type
7. Artificial Intelligence in Cybersecurity Market, by Component
8. Artificial Intelligence in Cybersecurity Market, by Technology
9. Artificial Intelligence in Cybersecurity Market, by Applications
10. Artificial Intelligence in Cybersecurity Market, by Organization Size
11. Artificial Intelligence in Cybersecurity Market, by Deployment
12. Artificial Intelligence in Cybersecurity Market, by Industry
13. Americas Artificial Intelligence in Cybersecurity Market
14. Asia-Pacific Artificial Intelligence in Cybersecurity Market
15. Europe, Middle East & Africa Artificial Intelligence in Cybersecurity Market
16. Competitive Landscape
17. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Artificial Intelligence in Cybersecurity Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Artificial Intelligence in Cybersecurity Market?
3. What is the competitive strategic window for opportunities in the Artificial Intelligence in Cybersecurity Market?
4. What are the technology trends and regulatory frameworks in the Artificial Intelligence in Cybersecurity Market?
5. What is the market share of the leading vendors in the Artificial Intelligence in Cybersecurity Market?
6. What modes and strategic moves are considered suitable for entering the Artificial Intelligence in Cybersecurity Market?

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