Artificial Intelligence In Cybersecurity Market Size, Share, Trends, Industry Analysis 2032 Industry Analysis and New Market Opportunities Explored By 2032

 

The market for artificial intelligence in cybersecurity was estimated to be worth about US$16.5 billion. By the end of 2032, the market is expected to have grown at a CAGR of 16.2% over the subsequent ten years, with a projected worth of about US$ 91.7 Bn. The growing demand for sophisticated cybersecurity and privacy solutions is one of the main drivers of the market’s rise.

With the help of AI-based cybersecurity solutions, it is now possible to fundamentally move away from signature-based detection in favor of more flexible and continuous network monitoring as it deviates from expected behavior. Businesses use AI to automate cyber defense against spam and phishing, as well as to find malware, fraudulent payments, compromised machines, and network infrastructure. The cost-availability nexus is another facet of AI development that adds to the widening of the range of destructive actors.

North America will see continued revenue growth in Artificial Intelligence in the Cybersecurity Market throughout the Analysis Period

The substantial market share that North America currently holds is due to the region’s concentration of key players as well as a number of new start-ups, the expansion of government initiatives aimed at advancing technologies like artificial intelligence, the widespread use of cloud-based services, the increasing sophistication of cyberattacks, and the rise in cyber threats.

With 38.3% of global sales, North America dominated the artificial intelligence in cyber security market ecosystem in 2020. It is believed that the existence of well-known businesses like IBM, Cisco Systems Inc., Dell Root 9B, Check Point Software Technologies Ltd., and Palo Alto Networks, which offer state-of-the-art solutions and services to all the sectors in the area, has contributed to the growth.

Click For More Info @ https://www.futuremarketinsights.com/reports/artificial-intelligence-in-cybersecurity-market

 

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