New York City, NY -- (SBWire) -- 08/25/2020 --Due to the growing prevalence of cyberattacks, the global artificial intelligence (AI) in cyber security market would grow, in valuation, from $8,636.6 million to $101,763.3 million from 2019 to 2030, exhibiting a stable CAGR of 25.7% between 2020 and 2030. According to the findings of the U.S. Government Accountability Office (GAO), the prevalence of cyberattacks is rising in the U.S. at an alarming rate in spite of the large-scale adoption of several preventive measures in the country. Identity and payment card thefts together make up for around 55% of all cybercrimes being committed across the world.
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As these crimes cause huge financial losses, businesses are rapidly adopting AI in cyber security solutions for identifying threats, reducing response time, and improving preventive measures in order to detect and prioritize threats that require immediate counter-action. Furthermore, with large companies rapidly bolstering their cybersecurity programs and mechanisms with AI-based solutions, attackers are increasingly targeting small and medium enterprises, which is, in turn, pushing up the requirement for AI-based cybersecurity programs.
The objective of this research includes;
* Historical and the present size of the GIS in disaster management market
* Future potential of the market through its forecast for the period 2020– 2030
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
* Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
* Major players operating in the market and their service offerings
* Recent strategic developments by the major players in the market
Browse report overview with detailed TOC on "AI in Cyber Security Market Research Report - Global Industry Analysis and Growth Forecast to 2030" at:https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-cyber-security-market
Geographically, the AI in cyber security market is currently exhibiting the highest growth in North America, on account of the growing prevalence of cyber-attacks, increasing number of AI-based cyber security solutions providing companies, and rapid digitization in the region. In the near future, the market would demonstrate the fastest growth in the Asia-Pacific (APAC) region, because of the surging incidence of identity thefts, financial frauds, and data breaches in the regional countries.
The research includes detailed analysis of;
Based on Offering
Hardware
Software
Services
Based on Deployment Type
Cloud
On-Premises
Based on Technology
Machine Learning (ML)
Natural Language Processing (NLP)
Context-Aware Computing
Based on Security Type
Network Security
Data Security
Identity and Access Security
Cloud Security
Based on Application
Identity & Access Management (IAM)
Risk & Compliance Management
Data Loss Prevention (DLP)
Unified Threat Management (UTM)
Security & Vulnerability Management
Antivirus/Antimalware
Fraud Detection/Anti-Fraud
Intrusion Detection/Prevention System (IDS/IPS)
Threat Intelligence
Based on End User
Banking, Financial Services, and Insurance (BFSI)
Retail
IT and Telecom
Healthcare
Manufacturing
Government & Defense
Automotive & Transportation
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Rising Prevalence of Cyber Attacks to Fuel 25.7% CAGR in AI in Cyber Security Market from 2020 to 2030