Market Overview:
The global cybersecurity AI market is expected to grow from USD 1.14 billion in 2018 to USD 7.72 billion by 2030, at a CAGR of 16.8% during the forecast period. The growth of the global cybersecurity AI market can be attributed to the increasing number of cyber-attacks and data breaches, and the need for advanced security solutions to protect organizations from such attacks. Furthermore, growing adoption of artificial intelligence across various industries is also fueling the growth of the global cybersecurity AI market.
Product Definition:
Cybersecurity AI is a subset of artificial intelligence that is used to protect computer systems from cyberattacks. Cybersecurity AI can identify and respond to threats in real time, and can also learn over time to become more effective at defending against attacks. The importance of cybersecurity AI cannot be overstated, as it helps protect organizations from potentially devastating cyberattacks.
Machine Learning:
Machine learning is a subset of artificial intelligence. It allows the computer to learn from experience by itself without being explicitly programmed. In other words, it is a method that enables the system to build upon its own past knowledge and apply it to future data sets in order to improve its performance.
The growth factor in the cybersecurity AI market is mainly attributed due to growing cyber threats such as malware, frauds, and attacks which are increasing at an exponential rate every year since 2015.
Natural Language Processing:
Natural language processing (NLP) is the study of computer programs that can recognize and process human speech. It enables a computer to understand what a person is saying without being explicitly programmed to do so. NLP has applications in information extraction, information retrieval, machine learning and data mining, computational linguistics, natural language generation and others. The growing demand for Artificial Intelligence (AI) powered digital assistants such as Alexa or Cortana are expected to drive the growth of this market over the forecast period.
Application Insights:
The banking, financial services, and insurance (BFSI) sector accounted for the largest market share in 2017. The BFSI sector is anticipated to be one of the prominent sectors that will benefit from cybersecurity AI application development over the forecast period. The increasing need for fraud detection and prevention among banks and other financial institutions is expected to drive demand over the forecast period.
The healthcare industry is also anticipated to witness significant growth during the same period owing to factors such as growing cyberattacks on hospitals resulting in loss of patient data, rising incidences of medical data breaches including identity theft & frauds which are driving demand for cybersecurity AI applications within this industry.
Moreover, natural language processing enables computers not only understand but also comprehend human speech or text by using machine learning algorithms.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The growth can be attributed to the presence of prominent players such as FireEye Inc.; Trend Micro, Inc.; and Symantec Corporation. These companies are actively involved in developing cyber security AI solutions for enterprises and other organizations. Moreover, these companies have a strong R&D base that enables them to introduce innovative products on a regular basis.
Asia Pacific is expected to grow at an exponential rate over the forecast period owing to increasing investments by governments and private firms for developing advanced cybersecurity AI solutions across various industries such as banking & financial services (BFSI), government, healthcare & life sciences (HLS), manufacturing, IT/Telecom, retail among others. Furthermore rising geopolitical tensions between countries such as India-Pakistan; China-Japan; North Korea-U.S.; Indonesia-East Timor etc., are expected drive regional demand over next eight years or so until 2030 time frame).
Growth Factors:
- Increasing demand for AI-enabled cybersecurity solutions from small and medium businesses (SMBs) due to the increasing sophistication of cyber threats.
- The increasing number of cyber attacks and data breaches, which is motivating organizations to adopt AI-enabled cybersecurity solutions for early detection and prevention of such attacks.
- The growing awareness among organizations about the benefits of using AI-enabled cybersecurity solutions, which is helping to drive the growth of this market.
- The increasing investments by vendors in R&D activities to develop new AI-based cybersecurity solutions that can address the latest security threats faced by organizations.
- The growing partnerships and collaborations between vendors and third-party service providers to offer integrated AI-based cybersecurity solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Cybersecurity AI Market Research Report
By Type
Machine Learning, Natural Language Processing, Other, Cybersecurity A
By Application
BFSI, Government, IT & Telecom, Healthcare, Aerospace and Defense, Other
By Companies
BAE Systems, Cisco, Fortinet, FireEye, Check Point, IBM, RSA Security, Symantec, Juniper Network, Palo Alto Networks, Cybersecurity A
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cybersecurity AI Market Report Segments:
The global Cybersecurity AI market is segmented on the basis of:
Types
Machine Learning, Natural Language Processing, Other, Cybersecurity A
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Government, IT & Telecom, Healthcare, Aerospace and Defense, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems
- Cisco
- Fortinet
- FireEye
- Check Point
- IBM
- RSA Security
- Symantec
- Juniper Network
- Palo Alto Networks
- Cybersecurity A
Highlights of The Cybersecurity AI Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Machine Learning
- Natural Language Processing
- Other
- Cybersecurity A
- By Application:
- BFSI
- Government
- IT & Telecom
- Healthcare
- Aerospace and Defense
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cybersecurity AI Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cybersecurity AI is a subset of artificial intelligence that focuses on cybersecurity. It helps organizations identify and mitigate cyberattacks, protect data, and respond to incidents.
Some of the major players in the cybersecurity ai market are BAE Systems, Cisco, Fortinet, FireEye, Check Point, IBM, RSA Security, Symantec, Juniper Network, Palo Alto Networks, Cybersecurity A.
The cybersecurity ai market is expected to grow at a compound annual growth rate of 16.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cybersecurity AI Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cybersecurity AI Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cybersecurity AI Market - Supply Chain
4.5. Global Cybersecurity AI Market Forecast
4.5.1. Cybersecurity AI Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cybersecurity AI Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cybersecurity AI Market Absolute $ Opportunity
5. Global Cybersecurity AI Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cybersecurity AI Market Size and Volume Forecast by Type
5.3.1. Machine Learning
5.3.2. Natural Language Processing
5.3.3. Other
5.3.4. Cybersecurity A
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cybersecurity AI Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cybersecurity AI Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Government
6.3.3. IT & Telecom
6.3.4. Healthcare
6.3.5. Aerospace and Defense
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cybersecurity AI Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cybersecurity AI Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cybersecurity AI Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cybersecurity AI Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cybersecurity AI Demand Share Forecast, 2019-2026
9. North America Cybersecurity AI Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cybersecurity AI Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cybersecurity AI Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Government
9.4.3. IT & Telecom
9.4.4. Healthcare
9.4.5. Aerospace and Defense
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cybersecurity AI Market Size and Volume Forecast by Type
9.7.1. Machine Learning
9.7.2. Natural Language Processing
9.7.3. Other
9.7.4. Cybersecurity A
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cybersecurity AI Demand Share Forecast, 2019-2026
10. Latin America Cybersecurity AI Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cybersecurity AI Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cybersecurity AI Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Government
10.4.3. IT & Telecom
10.4.4. Healthcare
10.4.5. Aerospace and Defense
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cybersecurity AI Market Size and Volume Forecast by Type
10.7.1. Machine Learning
10.7.2. Natural Language Processing
10.7.3. Other
10.7.4. Cybersecurity A
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cybersecurity AI Demand Share Forecast, 2019-2026
11. Europe Cybersecurity AI Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cybersecurity AI Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cybersecurity AI Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Government
11.4.3. IT & Telecom
11.4.4. Healthcare
11.4.5. Aerospace and Defense
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cybersecurity AI Market Size and Volume Forecast by Type
11.7.1. Machine Learning
11.7.2. Natural Language Processing
11.7.3. Other
11.7.4. Cybersecurty A
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cybersecurity AI Demand Share, 2019-2026
12. Asia Pacific Cybersecurity AI Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cybersecurity AI Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cybersecurity AI Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Government
12.4.3. IT & Telecom
12.4.4. Healthcare
12.4.5. Aerospace and Defense
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cybersecurity AI Market Size and Volume Forecast by Type
12.7.1. Machine Learning
12.7.2. Natural Language Processing
12.7.3. Other
12.7.4. Cybersecurity A
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cybersecurity AI Demand Share, 2019-2026
13. Middle East & Africa Cybersecurity AI Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cybersecurity AI Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cybersecurity AI Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Government
13.4.3. IT & Telecom
13.4.4. Healthcare
13.4.5. Aerospace and Defense
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cybersecurity AI Market Size and Volume Forecast by Type
13.7.1. Machine Learning
13.7.2. Natural Language Processing
13.7.3. Other
13.7.4. Cybersecurity A
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cybersecurity AI Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cybersecurity AI Market: Market Share Analysis
14.2. Cybersecurity AI Distributors and Customers
14.3. Cybersecurity AI Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BAE Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cisco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fortinet
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FireEye
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Check Point
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IBM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. RSA Security
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Symantec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Juniper Network
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Palo Alto Networks
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cybersecurity A
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
