The artificial intelligence in the cybersecurity market is driven by factors such as increasing stringent data privacy regulations, increasing number of cyber-attacks, increasing adoption of digital solutions, and increasing inclination towards cloud-based solutions from on-premise. The continuous research and development for technologically advanced systems for anomaly detection, web filtering, intrusion detection, and data loss prevention among others, further fuels the growth of the market.

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AI offers the solution to the threat to a great extent and therefore different industry players are focusing on utilizing AI for cybersecurity, thereby fuelling the growth of the global market.

Based on application, the market is segmented into the firewall, distributed denial of services, anomaly detection, web filtering, intrusion detection, and data loss prevention. The AI in Cyber Security market size is the largest for anomaly detection. The key factors leading to the largest contribution of the application to the AI in cyber security market are increasing instances of cyber-attacks in banking and financial sectors.

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Check Point Software Technologies Ltd, Juniper Networks, Inc., Amazon, Inc., Intel Corporation, RSA Security LLC, Palo Alto Networks, Inc., Fortinet, Inc., IBM Corporation, Inc., FireEye, Inc., BAE Systems Plc, Cisco Systems Inc., and Symantec Corporation are some of the key players offering solutions and services for AI in cybersecurity.

Source: VynZ Research