Global Artificial Intelligence-based Security Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Artificial Intelligence-based Security Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global artificial intelligence-based security market report has been segmented on the basis of offering, deployment type, security type, solution, technology, industry vertical, and region.

Introduction  

Artificial Intelligence is the development of computer systems that are able to perform tasks that would require human intelligence such as visual perception, speech recognition, decision-making, and translation between languages. Artificial intelligence is also used for controlling access to hardware, software, and data, along with providing protection against cyber-attacks and damage. For example, Intrusion Detection System is a mode of software security that automatically detect in case of anyone is trying to hack confidential data through malicious activities or security policy violations and alerting user regarding intrude data. In addition, cryptography is also another method of analyzing and transmitting data in a particular or encrypted format to intended user.

Market Dynamics

Increasing adoption of Internet of things (IoT) is a key factor expected to drive growth of the global artificial intelligence based security market over the forecast period. Internet of things is used to protect and secure the network connecting IoT devices to back-end systems on the Internet.

In addition, rising technological advancements and increasing use of 2G, 3G, 4G, 5G Long-Term Evolution (LTE) wireless networks are some other factors expected to further fuel growth of the target market over the forecast period. These cellular network offers connectivity and communications to exchange real time data, information, and online transaction activities.

Furthermore, increasing government initiatives in smart city projects across various countries is another factor expected to boost growth of the global market over the forecast period. Moreover, shifting consumer preference towards deployment of personal Wi-Fi facility that increase demand for artificial intelligence in order to detect abnormal behavior at early stages which in turn expected to support growth of the target market over the forecast period.

Analysis by Region

The market in North America is expected to dominate the global artificial intelligence-based security market in terms of revenue over the forecast period, owing to increasing cyber-attacks on various industries such as healthcare, retail and manufacturing, and banking and financial across various countries in the region. The market in Asia Pacific is expected to register highest CAGR over the forecast period, owing to increasing adoption of machine learning and natural language processing technologies across various countries in the region.

Global artificial intelligence-based security market segmentation:

Segmentation by offering:

• Hardware
• Software
• Services

Segmentation by deployment type:

• Cloud Deployment
• On-premise Deployment

Segmentation by security type:

• Network Security
• Endpoint Security
• Application Security
• Cloud Security

Segmentation by solution:

• Identity and Access Management (IAM)
• Risk and Compliance Management
• Encryption
• Data Loss Prevention (DLP)
• Unified Threat Management (UTM)
• Antivirus/Antimalware
• Intrusion Detection/Prevention System (IDS/IPS)
• Others (Firewall, Security and Vulnerability Management, Disaster Recovery, DDOS Mitigation, Web Filtering, Application Whitelisting, and Patch Management)

Segmentation by technology:

• Machine Learning
• Context Awareness Computing
• Natural Language Processing

Segmentation by industry vertical:

• Government & Defense
• BFSI
• Enterprise
• Infrastructure
• Automotive & Transportation
• Healthcare
• Retail
• Manufacturing
• Others (Oil & Gas, Education, Energy)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa