PUBLISHER: DataM Intelligence | PRODUCT CODE: 1683333
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1683333
Global AI in Cybersecurity Market reached US$ 26.29 billion in 2024 and is expected to reach US$ 109.33 billion by 2032, growing with a CAGR of 19.50% during the forecast period 2025-2032.
The global Artificial Intelligence (AI) in cybersecurity market is witnessing robust growth, propelled by the escalating sophistication of cyber threats and the increasing adoption of AI-driven security solutions. Organizations are increasingly integrating AI into their cybersecurity frameworks to bolster threat detection and response capabilities. AI-driven systems can analyze vast amounts of data in real-time, identifying anomalies and potential threats more efficiently than traditional methods. This proactive approach enables quicker responses to cyber incidents, minimizing potential damages and operational disruptions. The emphasis on AI as a core technology in cybersecurity strategies is evident among leading firms, reflecting its growing importance in defending against sophisticated cyber-attacks.
Driver - Escalating Sophistication of Cyber Threats
The increasing sophistication of cyber threats is a primary driver for the adoption of AI in cybersecurity. Cyber adversaries are employing advanced techniques, including AI-powered tools, to execute more effective and evasive attacks.
This escalation necessitates the integration of AI in cybersecurity measures to detect and counteract these complex threats effectively. The dual challenge posed by AI being utilized by both defenders and attackers underscores the critical need for advanced AI-driven security solutions.
Restraint - High Implementation Costs and Skill Gaps
Despite its benefits, the implementation of AI in cybersecurity faces challenges such as high initial costs and a shortage of skilled professionals. Deploying AI-driven security systems requires substantial investment in technology and infrastructure, which can be a barrier for small and medium-sized enterprises.
Additionally, there is a notable gap in expertise, as managing and maintaining AI-based security solutions necessitates specialized skills. Balancing security needs with usability remains a challenge, highlighting the need for comprehensive strategies to address these issues.
The global AI in cybersecurity market is segmented based on security type, component, deployment type, technology, application, end-use industry, and region.
Network Security represent the largest application segment in the global market.
Network security stands as the largest segment within the AI in cybersecurity market, driven by the critical need to protect organizational networks from increasingly sophisticated cyber threats. The integration of AI into network security enhances the ability to detect and respond to threats in real-time. AI algorithms analyze network traffic patterns, identify anomalies, and predict potential security breaches before they occur. This proactive approach is essential in mitigating risks associated with advanced persistent threats and zero-day vulnerabilities. The demand for AI-driven network security solutions is further propelled by the increasing adoption of cloud services, the proliferation of Internet of Things (IoT) devices, and the shift towards remote work environments. These trends have expanded the attack surface, making robust network security measures more critical than ever.
North America leads the AI in cybersecurity market, attributed to stringent data protection regulations, high adoption rates of AI technologies, and substantial investments in cybersecurity infrastructure.
In 2023, North America dominated the global AI in cybersecurity market, reflecting the region's commitment to enhancing its cybersecurity posture. The United States, in particular, has implemented robust regulatory frameworks to safeguard data and critical infrastructure. Agencies have requested $1.9 billion for research and development investment in AI for fiscal year 2024, underscoring the government's dedication to advancing AI applications in cybersecurity.
The private sector in North America is also proactive in adopting AI-driven cybersecurity solutions. Companies are leveraging AI to enhance threat detection, automate responses, and predict potential security incidents. This proactive approach is crucial in defending against increasingly sophisticated cyber threats.
Technology Roadmap
The global AI in cybersecurity market is expected to evolve significantly over the coming years, driven by advancements in network infrastructure, the expansion of IoT, and the increasing adoption of artificial intelligence (AI) at the edge. Government initiatives, regulatory frameworks, and private sector investments are set to accelerate AI adoption in cybersecurity across multiple industries.
The major Global players in the market include NVIDIA, Amazon Web Services, Inc., Cylance Inc. (BlackBerry), Darktrace, Microsoft Corporation, Fortinet, Inc., IBM Corporation, Intel Corporation, LexisNexis, and Micron Technology, Inc.
Target Audience 2024
LIST NOT EXHAUSTIVE