Artificial intelligence

Rising AI Cybersecurity Budgets by Businesses Worldwide Favor the Expansion of Artificial Intelligence in Cybersecurity Market

Solutions in the global artificial intelligence in cybersecurity market use their abilities to enhance the security of a network over the time. AI employs machine learning and deep learning in order to evaluate and alter the business network’s performance after a period of time. Rising risk of cyberattacks has propelled the demand in the global artificial intelligence in cybersecurity market over the last few years. Various businesses in the world are expanding their AI cybersecurity budgets exponentially. This trend is expected to bolster the development in global artificial intelligence in cybersecurity market in coming years.

Applications for the products and services in the global artificial intelligence in cybersecurity market include unified threat management, risk and compliance management, data loss prevention, threat intelligence , antivirus and antimalware, identity and access management, fraud detection and antifraud services, and intrusion detection and prevention systems, among others. Key end users for the services and solutions in the global artificial intelligence in cybersecurity market include retail, government and defense, healthcare, manufacturing, BFSI, infrastructure, and automotive and transportation, among others.

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North America Dominates the Artificial Intelligence in Cybersecurity Market

Geographically, the global artificial intelligence in cybersecurity market can be categorized into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. North America dominated the global artificial intelligence in cybersecurity market in recent past owing to fast paced adoption of artificial intelligence technologies by banks, financial institutes, and governments in the field of cybersecurity. Furthermore, presence of strong and developed economies in the region, such as Canada and the United States has also favored the expansion of the global artificial intelligence in cybersecurity market in North America.

Some of the major players operating within the global artificial intelligence in cybersecurity market include Xilinx, Inc., International Business Machines Corporation, Intel Corporation, ThreatMatrix, Inc., Palo Alto Networks, Inc., Acalvio Technologies, Securonix, NVIDIA Corporation, Microsoft Corporation, Samsung Electronics Co. Ltd., Vectra AI, Inc., SAP SE, SparkCognition, Inc., and Amazon Web Services, Inc., among others.

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