Artificial Intelligence in Security Market Research Report- Forecast till 2027
Market Highlights
Increasingrnadoption of cloud-based solutions and services and government support andrninvestment in research and development of artificial intelligence technologyrnare some of the contributing factors in the creation of fruitful opportunitiesrnfor the market players in the coming years. However, software and hardwarernsecurity, data integrity, model security, and data privacy are some of thernprimary challenges faced by the players in the global artificial intelligencern(AI) in security market.
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As per the analysis by Market Research Future Reports (MRFR), the globalrnartificial intelligence in the security market is likely to record 31.86% CAGRrnduring the review period of 2019 to 2027. The current scenario across thernglobe, i.e., COVID-19, is believed to bring a substantial impact on globalrnartificial intelligence in the security market. The primary factors driving thernAI are the rising malware attacks, increasing adoption of IoT and cloud-basedrnservices. The non-stop growth of the adoption of Wi-Fi that is vulnerable tornsecurity threats has helped the market to propel at a high pace. The increasedrnadoption of connected devices has also resulted in the expansion of the market.rnThe rising inclination towards technology has opened avenues for the expansionrnof artificial intelligence in the security market 2020. Apart from this, therndevelopment of computing power technology has resulted in the growth of thernmarket. The development in machine learning and deep learning technology hasrnaided the market to propel at a global level. However, lack of expertise, thernrapidly increasing corporate executive cyber threats, inability of AI tornprevent the advanced threats are the key factors preventing the market fromrnexpanding.
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Regional Analysis
Byrnregion, the artificial intelligence in security market analysis covers AsiarnPacific (APAC), Europe, North America, and the Rest of the World (Row).
Intensifyingrnpolitical disruptions in North America is surging the need for data protectionrnacross the government sector. The necessitates tightening the securityrninfrastructure of the region. The early adoption of robust technology such asrnartificial intelligence is likely to push the North America market. A high flowrnof capital for R&D activities dedicated to enhancing the securityrninfrastructure of the region is expected to boost the market growth. Withrnautomation trending, the market in APAC is likely to exhibit healthy growth.
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Key Players
Thernmost important players of global artificial intelligence in security market arernSymantec Corporation, Intel Corporation, Nvidia Corporation, SamsungrnElectronics, Google, IBM Corporation, Xilinx Inc., Cylance Inc., MicronrnTechnologies, Inc., LexisNexis Risk Solutions Inc., Acalvio Technologies Inc.,rnSecuronix, Inc., and others.
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Segmentation:
Thernglobal artificial intelligence in the security market can be segmented on thernbasis of deployment, technology, vertical, component, security type, andrnregion.
On thernbasis of deployment, global artificial intelligence in the security market canrnbe divided into on-cloud and on-premise. The on-premise segment is the leadingrnsegment, and the on-cloud segment is likely to record a higher CAGR during thernreview period.
On thernbasis of technology, the global artificial intelligence in the security marketrncan be divided into natural language processing and machine learning. The MLrnvertical is the leading vertical at a global level.
On thernbasis of vertical, the global artificial intelligence in the security marketrncan be divided into BFSI, manufacturing, healthcare, government, automotive andrntransportation, retail, and others.
On thernbasis of components, global artificial intelligence in the security market canrnbe divided into services, software, and hardware.
On thernbasis of security type, global artificial intelligence in the security marketrncan be divided into endpoint security, network security, application security,rnand cloud security.
On thernbasis of region, the global artificial intelligence in security market can berndivided into Europe, North America, Asia-Pacific, and the Rest of the Worldrn(RoW).
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ArtificialrnIntelligence (AI) in Security Market: Information by Vertical (Government,rnBFSI, Healthcare, Manufacturing and Retail), Component (Services, Hardwarern[Network, Memory and Processor] and Software [Platform and Solution {Antivirus,rnEncryption, Network Security and Identity Access Management}]), Technologyrn(Machine Learning, Natural Language Processing and Context Aware Computing),rnDeployment (On-Cloud and On-Premise),Security Type (Network Security, CloudrnSecurity and Endpoint Security) and Region (North America, Europe, Asia-Pacificrnand ROW) - Forecast till 2027
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About Market Research Future:
At Market ResearchrnFuture (MRFR), we enablernour customers to unravel the complexity of various industries through ourrnCooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw ResearchrnReports (3R), Continuous-Feed Research (CFR), and Market Research &rnConsulting Services.
MRFRrnteam have supreme objective to provide the optimum quality market research andrnintelligence services to our clients. Our market research studies by products,rnservices, technologies, applications, end users, and market players for global,rnregional, and country level market segments, enable our clients to see more,rnknow more, and do more, which help to answer all their most importantrnquestions.
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