Global Artificial Intelligence-based Cybersecurity Market by Type (Machine Learning, Natural Language Processing, Other), By Application (BFSI, Government, IT & Telecom, Healthcare, Aerospace and Defense, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global artificial intelligence-based cybersecurity market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing adoption of artificial intelligence in cybersecurity solutions and services, rising number of cyber threats, and growing need for advanced security solutions. The global artificial intelligence-based cybersecurity market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into machine learning, natural language processing (NLP), and other types. The machine learning segment accounted for the largest share in 2017 owing to its ability to detect malicious activities with high accuracy. On the basis of application, the market is divided into BFSI sector, government sector, IT & telecom sector healthcare sector aerospace & defense sector ,and other sectors .(U.S.),IBMCorp.(U.S.),IntelCorp.(U.S.),SymantecCorp.



Get Free Sample Report

Product Definition:

Artificial intelligence-based cybersecurity is the use of artificial intelligence to protect computer networks and user data from cyberattacks. It is important because it can identify and respond to threats that traditional security measures may not be able to detect.

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 analyze data and extract meaningful patterns from it. The patterns can be used for making predictions about future events based on historical trends.

The technology has been witnessing high demand across several applications such as fraud detection in online transactions, speech & image recognition, automated classification of web pages,.

Natural Language Processing:

Natural language processing (NLP) is the study of computer programs that can recognize and process human language. It aims at understanding how humans communicate through natural languages using computers and computational resources. NLP has gained popularity in recent years due to its applications in information retrieval, social network analysis, Summarization, question answering, machine translation etc.

Application Insights:

The BFSI sector dominated the market in 2017 and is expected to maintain its dominance over the forecast period. The growing adoption of artificial intelligence for fraud detection in banks is one of the key factors driving this segment. For instance, Barclays developed an AI-based system that uses natural language processing to analyze transaction data from financial statements and other sources.

The government application segment accounted for a significant share in 2017 owing to increasing use of ML techniques for predictive analysis, risk assessment, and scenario planning by defense agencies across the globe. In addition, several countries are developing national cybersecurity strategies and initiatives with respect to artificial intelligence which is further anticipated to drive demand over next seven years.

The IT & telecom industry has witnessed tremendous growth due largelyto innovations such as smartphones which have revolutionized communicationand business operations across various industries including media & entertainmentand banking among others).

Regional Analysis:

North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to increasing adoption of artificial intelligence-based technologies across various sectors, such as healthcare and aerospace & defense. Moreover, growing number of cyberattacks has led North America governments to adopt innovative technologies that can help them in preventing further attacks. For instance, in October 2018, the U.S Department of Defense (DoD) announced a collaboration with IBM Corporation; Google LLC; Microsoft Corporation; and other technology providers for building an AI-based cybersecurity system named Project Maven that will be used by DoD’s drone program operators’ worldwide.

Asia Pacific is projected to grow at a significant rate during the forecast period due to rising investments from prominent players operating across different industries such as banking and financial services (BFSI), retailing.

Growth Factors:

Increasing demand for AI-based cybersecurity solutions from small and medium businesses (SMBs) due to the increasing sophistication of cyber threats.
The increasing adoption of cloud-based services and the growing trend of Bring Your Own Device (BYOD) are expected to drive the demand for AI-based cybersecurity solutions in the coming years.
Rapid expansion of IoT devices and networks is creating new opportunities for AI-based cybersecurity vendors.
Growing concerns about data privacy and security among consumers are expected to boost the demand for AI-based cybersecurity solutions in the near future.
The increasing number of cyber attacks is motivating organizations to adopt advanced security technologies such as artificial intelligence, which can help them detect and mitigate threats quickly


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Intelligence-based Cybersecurity Market Research Report
By Type
Machine Learning, Natural Language Processing, Other
By Application
BFSI, Government, IT & Telecom, Healthcare, Aerospace and Defense, Other
By Companies
Amazon.com, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., IBM Corporation, Intel Corporation, Symantec Corporation
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.

Global Artificial Intelligence-based Cybersecurity Market Report Segments:
The global Artificial Intelligence-based Cybersecurity market is segmented on the basis of:
Types
Machine Learning, Natural Language Processing, Other
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:
Amazon.com, Inc.
Check Point Software Technologies Ltd.
Cisco Systems, Inc.
IBM Corporation
Intel Corporation
Symantec Corporation



Get Free Sample Report

Highlights of The Artificial Intelligence-based Cybersecurity 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
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 Artificial Intelligence-based Cybersecurity 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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?