Artificial Intelligence Market (AI) in Cybersecurity is Expected To Grow From 22.49 Billion in 2023 to 114.30 Billion in 2031

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Artificial Intelligence (AI), in Cybersecurity Market Share, Growth Analysis by Security Type (Infrastructure Security, Endpoint Security and Cloud Security), By Technology (Machine Learning, Natural Language Processing, Context-Aware Computing), And By Application (Identity & Access Management (IAM), Risk & Compliant Management, Data Loss Prevention and Unified Threat Management).

Global Artificial Intelligence Market (AI) in Cybersecurity

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The size of the ] market was USD 18.36 billion in 2022, and is expected to grow to USD 22.49 billion in 2023. By 2031 it will reach USD 114.30 billion at a CAGR 22.53% over the forecast period (2024-2031).

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The following are some of the factors that will drive growth in the global artificial intelligence (AI), cybersecurity market: increasing concerns about data privacy, increased dependence on household internet, adoption of IOT devices and connected devices, an increase in cybercrimes and startups using AI. The market is also expected to grow significantly as SMEs adopt BYOD policies, and social media for business purposes is increasing. The lack of cybersecurity and AI specialists and the increase in internal threats are the main barriers to growth in this market.

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Cybersecurity Industry: Innovative Path to AI

IBM and Symantec are two of the leading companies in the finance sector that use AI for fraud detection and risk management. Healthcare firms, for example, have become prominent fields that use AI-based threat detector technologies like Darktrace and Cylance. Microsoft and Cisco, two major players in the IT market, have most of their product lines covered by artificial intelligence software that provides better security measures. Palo Alto Networks, FireEye and other companies provide AI-driven cyberattack protection for government organisations. There is a lot of competition between established players and startups, which drives innovation and adaptation in AI cybersecurity solutions.

Mapping Cybersecurity Domain Frontier of Industry Leaders and Innovators

The global artificial intelligence market is characterized by a combination of established global firms and cutting edge startups. Leading companies, including IBM, Symantec and Microsoft, are paving the way for AI-driven solutions that can be used to detect and defend against threats in various industries.

Agile upstarts, like Darktrace or Cylance, are on the other side of the fence, upending the status-quo with disruptive technologies centered on adaptive threat responses. This unique combination encourages creative thinking and creates a strong industry where businesses strive to provide the latest AI cybersecurity solutions.

Exploring the Dynamic World of Global AI Market in Cybersecurity

In the competitive landscape of Global AI in Cybersecurity, there are many examples of how to support the disruptive innovation of emerging firms and the supremacy industry heavyweights. Watson for Cyber Security is a unique feature of IBM that helps cyber security professionals reach out to each other through the use AI. Symantec, which is positioned as a provider of advanced detection, prevention, and security solutions for businesses in different industries, has also enhanced its position with AI-based Endpoint Protection. Microsoft’s Azure Sentinel, which combines artificial intelligence with machine learning to provide smart security analytics, is a key component of global cloud security. Startups, such as Cylance or Darktrace, are examples of adaptive AI technologies.

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Increase in Extended AI Detection & Response

The Artificial Intelligence (AI) market in cybersecurity is a huge market with many variables, such as IoT extensions, and the anxiety about information security. It is expected to grow at a CAGR of 22.53 percent. Leaders of AI-powered solutions include IBM and Symantec. Microsoft and Cisco lead the market while Palo Alto Networks, FireEye and other companies protect governments. Innovation is the driving force behind it, despite internal threats and skills deficiencies. This dynamic interplay between established companies with strong shoulders and smaller firms that think quickly keeps serving as a defence for ecosystems, while fostering advancements in AI-based cybersecurity solutions around the world.

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Cyber Security Market [https://www.skyquestt.com/report/cyber-security-market]

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