Report Feature
Artificial Intelligence in Security Market Trends and Forecast
The future of the global artificial intelligence in the global security market looks promising with opportunities in the BFSI, retail, government & defense, manufacturing, infrastructure, enterprise, healthcare, and automotive & transportation industries. The use of artificial intelligence in the global security market is expected to reach an estimated $8.0 billion by 2028 with a CAGR of 21.7% from 2023 to 2028. The major drivers for this market are growing concerns about data protection, increasing demand for cloud-based security solutions, and rising dependency on home networks for internet access.
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Artificial Intelligence in Security Market by Segment
The study includes trends and forecast for artificial intelligence in the global security market by security type, deployment, technology, end use industry, and region, as follows:
Artificial Intelligence in Security Market by Security Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Network Security
- Application Security
- Cloud Security
Artificial Intelligence in Security Market by Deployment [Value ($B) Shipment Analysis from 2017 to 2028]:
- On-Premise
- Cloud
Artificial Intelligence in Security Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:
- Machine Learning
- Natural Language Processing (NLP)
- Context Awareness Computing
Artificial Intelligence in Security Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- BFSI
- Retail
- Government & Defense
- Manufacturing
- Infrastructure
- Enterprise
- Healthcare
- Automotive & Transportation
Artificial Intelligence in Security Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Artificial Intelligence Companies in Security Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, artificial intelligence companies in the global security market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the artificial intelligence companies in the global security market profiled in this report include-
- Acalvio Technologies
- Amazon.Com
- Cylance
- Darktrace Limited
- IBM Corporation
- Intel Corporation
- Micron Technology
- Nvidia Corporation
- Samsung Electronics Co.
- Securonix
Artificial Intelligence in Security Market Insights
- Lucintel forecasts that on-premise will remain the larger deployment segment over the forecast period due to growing concerns towards the expansion of the internal systems and increasing demand for advanced security application software among various industries.
- Within this market, BFSI will remain the largest end use industry segment from 2023 to 2028 due to an increase in the number of cyber attacks in financial and banking service sector.
- North America will remain the largest region during the forecast period due to the early adoption of IoT and 5G technologies, an increase in the number of connected devices, and growing concerns about the susceptibility of Wi-Fi networks to security attacks.
Features of Artificial Intelligence in the Security Market
- Market Size Estimates: Artificial intelligence in the security market size estimation in terms of value ($B)
- Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Artificial intelligence in the security market size by various segments, such as by security type, deployment, technology, end use industry, and region
- Regional Analysis: Artificial intelligence in the security market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different security types, deployments, technology, end use industries, and regions for artificial intelligence in the security market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for artificial intelligence in the security market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the global security market size in terms of artificial intelligence usage?
Answer: The use of artificial intelligence in the global security market is expected to reach an estimated $8.0 billion by 2028.
Q2. What is the growth forecast for artificial intelligence in the security market?
Answer: The use of artificial intelligence in the global security market is expected to grow with a CAGR of 21.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of artificial intelligence in the security market?
Answer: The major drivers for this market are growing concerns about data protection, increasing demand for cloud-based security solutions, and rising dependency on home networks for internet access.
Q4. What are the major segments in the global security market in terms of artificial intelligence usage?
Answer: The future of artificial intelligence in the global security market looks promising with opportunities in the BFSI, retail, government & defense, manufacturing, infrastructure, enterprise, healthcare, and automotive & transportation end use industries.
Q5. Who are the key artificial intelligence companies in the security market?
Answer: Some of the key artificial intelligence companies in the global security market are as follows:
Answer: The use of artificial intelligence in the global security market is expected to reach an estimated $8.0 billion by 2028.
Q2. What is the growth forecast for artificial intelligence in the security market?
Answer: The use of artificial intelligence in the global security market is expected to grow with a CAGR of 21.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of artificial intelligence in the security market?
Answer: The major drivers for this market are growing concerns about data protection, increasing demand for cloud-based security solutions, and rising dependency on home networks for internet access.
Q4. What are the major segments in the global security market in terms of artificial intelligence usage?
Answer: The future of artificial intelligence in the global security market looks promising with opportunities in the BFSI, retail, government & defense, manufacturing, infrastructure, enterprise, healthcare, and automotive & transportation end use industries.
Q5. Who are the key artificial intelligence companies in the security market?
Answer: Some of the key artificial intelligence companies in the global security market are as follows:
- Acalvio Technologies
- Amazon.Com
- Cylance
- Darktrace Limited
- IBM Corporation
- Intel Corporation
- Micron Technology
- Nvidia Corporation
- Samsung Electronics Co.
- Securonix
Q6. Which artificial intelligence in security segment will be the largest in future?
Answer: Lucintel forecasts that on-premise will remain the larger deployment segment over the forecast period due to growing concerns towards the expansion of the internal systems and increasing demand for advanced security application software among various industries.
Q7. In artificial intelligence in security market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to the early adoption of IoT and 5G technologies, an increase in the number of connected devices, and growing concerns about the susceptibility of Wi-Fi networks to security attacks.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that on-premise will remain the larger deployment segment over the forecast period due to growing concerns towards the expansion of the internal systems and increasing demand for advanced security application software among various industries.
Q7. In artificial intelligence in security market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to the early adoption of IoT and 5G technologies, an increase in the number of connected devices, and growing concerns about the susceptibility of Wi-Fi networks to security attacks.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in Artificial Intelligence in the Global Security Market
4.1 Artificial Intelligence in Global Security Market by Region
4.2.1 Artificial Intelligence in North American Security Market by Deployment: On-Premise and Cloud
4.2.2 Artificial Intelligence in North American Security Market by End Use Industry: BFSI, Retail, Government & Defense, Manufacturing, Infrastructure, Enterprise, Healthcare, and Automotive & Transportation
6.1.1 Growth Opportunities for Artificial Intelligence in Global Security Market by Security Type
6.1.2 Growth Opportunities for Artificial Intelligence in Global Security Market by Deployment
6.1.3 Growth Opportunities for Artificial Intelligence in Global Security Market by Technology
6.1.4 Growth Opportunities for Artificial Intelligence in Global Security Market by End Use Industry
6.1.5 Growth Opportunities for Artificial Intelligence in Global Security Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for artificial intelligence in the security market by security type (network security, application security, and cloud security), deployment (on-premise and cloud), technology (machine learning, natural language processing (NLP), context awareness computing), end use industry (BFSI, retail, government & defense, manufacturing, infrastructure, enterprise, healthcare, and automotive & transportation), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity did occur in the last five years and how did they impact the industry? For any questions related to artificial intelligence in the global security market or related to artificial intelligence in the global security companies, artificial intelligence in the global security market size, artificial intelligence in the global security market share, artificial intelligence in the global security analysis, artificial intelligence in the global security market growth, artificial intelligence in the global security market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
