Artificial Intelligence (AI) in Cybersecurity Market by Technology (ML, NLP), Security (Endpoint, Cloud, Network), Application (DLP, UTM, Encryption, IAM, Antivirus, IDP), Industry (Retail, Government, Automotive, BFSI, IT, Healthcare, Education), Geography – Global Forecast to 2027
Redding, California, Sept. 16, 2021 (GLOBE NEWSWIRE) — According to a new market research report titled “AI in Cybersecurity Market by Technology (ML, NLP), Security (Endpoint, Cloud), Application (DLP, UTM, IAM, IDP), Industry (Retail, Government, Automotive, BFSI, IT, Healthcare, Education), and Geography – Global Forecast to 2027”, published by Meticulous Research®, the artificial intelligence in cybersecurity market is expected to grow at a CAGR of 23.6% from 2020 to 2027 to reach $46.3 billion by 2027.
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Artificial intelligence is changing the game for cybersecurity across several industries by providing cutting-edge security technologies that analyze massive quantities of data. AI technology uses its ability to improve network security over time.
Today, several organizations are increasingly implementing AI-powered intelligent security solutions & services to understand and reuse threat patterns to identify new coercions. AI technology provides wider security solutions and simplifies complete recognition and acknowledgment procedures related to cyberattacks. Thus, there is a growing demand for AI-based solutions in the end-use industry for cybersecurity.
The growth of the overall AI in cybersecurity market is backed by the emergence of disruptive digital technologies across various industry verticals, increasing demand for advanced cybersecurity solutions & …….