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Artificial Intelligence in Security Market (Security - Network Security, Application Security, and Cloud Security; Service - Professional Services, and Managed Services; Deployment - On-premise, and Cloud): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Artificial Intelligence in Security Market (Security - Network Security, Application Security, and Cloud Security; Service - Professional Services, and Managed Services; Deployment - On-premise, and Cloud): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Report Code: IGR01340 Category: Electronics, ICT & Semiconductors Published: November, 2023

A recent report published by Infinium Global Research on artificial intelligence in security market provides in-depth analysis of segments and sub-segments in the global as well as regional artificial intelligence in security market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional artificial intelligence in security market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global artificial intelligence in security market.

Market Insight:

The global Artificial Intelligence in security market was valued at USD 21.78 billion in 2022 and is expected to reach USD 103.7 billion in 2030, with a CAGR of 18.68% during the forecast period 2023-2030.

Artificial intelligence security involves protective measures designed to secure AI systems against cybersecurity threats, data breaches, and various security vulnerabilities. As the utilization of AI proliferates in both corporate and residential settings, the imperative of implementing robust security measures to uphold the integrity of these systems has taken on paramount significance. Enterprises are confronted with heightened susceptibility as they integrate a multitude of endpoints and engage with various autonomous devices and applications within the ever-evolving digital landscape. In response to these challenges, AI-driven security solutions present a compelling opportunity. They offer proactive threat mitigation capabilities that are indispensable for ongoing monitoring and adaptation to the multifaceted security risks inherent in today's digital economy. AI, along with its associated applications, empowers users to effectively fortify their systems through real-time alerts and proactive risk management. These systems are trained using in-house data, permitting the tailoring of security solutions. Moreover, the increasing adoption of social media for business purposes and the widespread use of cloud-based applications and services create substantial prospects for industry participants in the artificial intelligence security sector. This market stands poised to deliver innovative solutions that address the evolving security requirements of enterprises operating within an increasingly interconnected digital environment.

The artificial intelligence in security market is primarily fueled by the escalating cybersecurity threats confronting organizations. The rising tide of cyberattacks, spanning from intricate malware to ransomware and data breaches, underscores the compelling necessity for organizations to adopt AI-driven security solutions for robust defense against such threats. Additionally, the pervasive influence of data protection and privacy regulations, exemplified by the European Union's General Data Protection Regulation (GDPR), plays a pivotal role in propelling the AI in security market. These regulations mandate stringent security measures for safeguarding personal data, with non-compliance resulting in substantial fines. This enforcement drives organizations to invest in AI-based security solutions to ensure compliance. Nevertheless, the requisite substantial investments in security infrastructure and technology expenses may pose challenges for the market. The proliferation of IoT devices has led to a surge in demand for AI-powered security solutions to protect these expanding ecosystems, presenting a promising avenue for market growth.

Artificial Intelligence in Security Market Size, Share | IGR

North America is projected to hold the most prominent market share in the upcoming forecast period. North America's strong technological foundation, characterized by advanced data infrastructure and mature IT systems, positions it as well-prepared for the integration of AI in security. Additionally, the region is a breeding ground for a plethora of AI startups and tech giants, with a notable focus on cybersecurity. These industry leaders are driving AI security innovations and catering to both domestic and global markets. On the other hand, the Asia-Pacific (APAC) region is currently experiencing rapid growth in the Artificial Intelligence (AI) security market. This is attributed to the APAC region hosting some of the world's fastest-growing economies, such as China and India. The burgeoning economic landscape in the region presents opportunities for businesses to invest in cutting-edge technologies, including AI-driven security solutions.

Report Scope of the Artificial Intelligence in Security Market:

Report Coverage Details
Market Size in 2022 USD 21.78 Billion
Market Size by 2030 USD 103.7 Billion
Growth Rate from 2023 to 2030 CAGR of 18.68%
Largest Market North America
No. of Pages 255
Market Drivers
  • Artificial intelligence in security market is driven by rising cybersecurity threats.

  • Increasing Wi-Fi network adoption to drive market growth.

Market Segmentation By Security, By Service, and By Deployment
Regional Scope North America, Europe, Asia Pacific, and RoW

Segment Covered

The report on global artificial intelligence in security market covers segments such as security, service, and deployment. On the basis of security, the sub-markets include network security, application security, and cloud security. On the basis of service, the sub-markets include professional services, and managed services. On the basis of deployment, the sub-markets include on-premise, and cloud.

Companies Profiled:

The report provides profiles of the companies in the market such as Juniper Networks, Inc., Broadcom Inc., Samsung Electronics Co., Ltd., Tech Mahindra Limited, IBM Corporation, F-Secure, Fortinet, Inc., NVIDIA Corporation, Cisco Systems, Inc., and Gen Digital Inc..

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the artificial intelligence in security market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Frequently Asked Questions (FAQ's)

The global artificial intelligence in security market was valued at USD 21.78 Billion in 2022.
It is likely to grow at a CAGR of 18.68% during the forecast period 2023-2030.
The global artificial intelligence in security market is estimated to reach USD 103.7 Billion by the end of 2030.
North America is anticipated to exhibit high demand for artificial intelligence in security market during the forecast period.
Juniper Networks, Inc., Broadcom Inc., Samsung Electronics Co., Ltd., Tech Mahindra Limited, IBM Corporation, F-Secure, Fortinet, Inc., NVIDIA Corporation, Cisco Systems, Inc., and Gen Digital Inc..
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