Artificial Intelligence in Security Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030

Artificial Intelligence in Security Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030

The report on the global artificial intelligence in security market provides qualitative and quantitative analysis for the period from 2021-2030. 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. The study on artificial intelligence in security market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.

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.

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) in 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 Findings

1) Drivers

Artificial intelligence in security market is driven by rising cybersecurity threats.

Increasing Wi-Fi network adoption to drive market growth.

2) Restraints

The adoption of AI-driven security solutions requires substantial investments in security infrastructure and technology-related expenditures, posing a notable challenge for the market.

3) Opportunities

A surge in the Internet of Things (IoT) adoption presents substantial opportunities for the artificial intelligence in security market.

Research Methodology

A) Primary Research

Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with Infinium Global Research

2. Internal and External subject matter experts

3. Professionals and participants from the industry

Our primary research respondents typically include

1. Executives working with leading companies in the market under review

2. Product/brand/marketing managers

3. CXO level executives

4. Regional/zonal/ country managers

5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications

2. Government/institutional publications

3. Trade and associations journals

4. Databases such as WTO, OECD, World Bank, and among others.

5. Websites and publications by research agencies

Segment Covered

The global artificial intelligence in security market is segmented on the basis of security, service, and deployment.

The Global Artificial Intelligence in Security Market by Security

Network Security

Application Security

Cloud Security

The Global Artificial Intelligence in Security Market by Service

Professional Services

Managed Services

The Global Artificial Intelligence in Security Market by Deployment

On-premise

Cloud

Company Profiles

The companies covered in the report include

Juniper Networks, Inc.

Broadcom Inc.

Samsung Electronics Co., Ltd.

Tech Mahindra Limited

IBM Corporation

F-Secure

Fortinet, Inc.

NVIDIA Corporation

Cisco Systems, Inc.

Gen Digital Inc.

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the artificial intelligence in security market.

2. Complete coverage of all the segments in the artificial intelligence in security market to analyze the trends, developments in the global market and forecast of market size up to 2030.

3. Comprehensive analysis of the companies operating in the global artificial intelligence in security market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.

4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.