MarketsandMarketsTM report, "Artificial Intelligence in Cybersecurity Market by Offering (Hardware, Software, and Service), Deployment Type, Security Type, Technology (ML, NLP, and Context-Aware), Application (IAM, DLP, and UTM), End User, and Geography- Global Forecast to 2026", is projected to reach USD 38.2 billion by 2026 from USD 8.8 billion in 2019, at the highest CAGR of 23.3%.

About Artificial Intelligence in Cybersecurity :

The market is major restraints for the market are inability of AI to stop zero-day and advanced threats, and rise in insider cyber threats. Limited number of cybersecurity and AI professionals, and lack of interoperability with existing information systems pose major challenges to the AI in cybersecurity market.

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Artificial Intelligence in Cybersecurity by Major Players :-

Key players in the market are NVIDIA Corporation (US), Intel Corporation (US), Xilinx Inc. (US), Samsung Electronics Co., Ltd (South Korea), Micron Technology, Inc. (US), IBM Corporation (US), Amazon Web Services, Inc. (US), Darktrace (UK), Cylance Inc. (US), Vectra AI, Inc. (US), ThreatMetrix Inc. (US), Securonix Inc. (US), Sift Science (US), Acalvio Technologies (US), SparkCognition Inc. (US), Palo Alto Networks Inc. (US), and Symantec Corporation (US) are a few major players in the AI in cybersecurity market

Browse 68 market data Tables and 46 Figures spread through 229 Pages and in-depth TOC on "Artificial Intelligence in Cybersecurity Market”

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Cloud-based deployment type for AI in cybersecurity to grow at higher CAGR during forecast period

Cloud deployment type is expected to grow at a higher rate during the forecast period. Several businesses have already moved a part of their operations to the cloud, which has led security vendors to develop cloud-based solutions as the data to be protected is on the cloud. Migrating to the cloud has benefits such as enhanced flexibility, control, and scalability.

Automotive and transportation to hold largest size of AI in cybersecurity market during forecast period

Of all the types of end users, automotive and transportation to hold the largest market size of the AI in cybersecurity market during the forecast period. In the automotive industry, Big Data poses a significant problem with connected car becoming more of a gadget than a purely physical product, constantly synced and updated. It now produces huge amounts of data.

North America is major contributor for AI in cybersecurity and is expected to hold largest market size in next 5 years

North America is among the major contributors to the AI in cybersecurity market, and the US accounted for the largest share of the market in North America in 2018. The global AI in cybersecurity market is dominated by North America as the region is an early adopter of AI. North America is an early adopter of innovative technologies as banks, government agencies, and financial institutes in this region face ever-increasing challenges related to cyber threats.

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