Artificial Intelligence Software in Security Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The artificial intelligence software in security market is anticipated to grow at a significant CAGR of 19.0% during the forecast period (2022-2028). In security solutions, artificial intelligence (AI) software integrates endpoint data and analytics to obtain threat information, which assists in detecting and exposing an attack in a specific cyber environment. With the rise of online transactions and an increase in NEFT and RTGS, as well as mobile transactions, the demand for security solutions is increasing.AI and its applications enable users to secure any system by generating real-time alerts that may be used to limit risk. These systems are being trained using the data accessible within the businesses. Threats and malware may be proactively averted rather than only discovered with the use of machine learning and AI.

The artificial intelligence software in security market is segmented based on security type, deployment, and end-user. Based on the security type, the market is sub-segmented into network security, application security, and cloud security. Based on the deployment, the market is sub-segmented into on-premise and cloud. Based on end-user, the market is sub-segmented into government &defense, retail, BFSI, manufacturing, healthcare, and automotive & transportation among these end-users, the BFSI segment is expected to propel the growth of the market due to the rise in the adoption of AI-based security solutions that have helped to improve banking services.

The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Color Tokens Inc. announced the launch of its new product, X-cloud. X-cloud’s agentless, automated, and deep scanning technology finds the most elusive threats across cloud and container environments fast and without disruption. X-cloud combines vulnerability management, malware detection, and compliance monitoring all in one platform, saving time, resources, and cost.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Security Type
  • By Deployment
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-IBM Corp., Facebook Inc., F-Secure Corp., Tech Mahindra Ltd., Cisco Systems Inc., Nvidia Corp., Samsung Electronics Co., Ltd., Broadcom Inc. (a subsidiary of Symantec Corp.), and Fortinet Inc.,among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global AI Software in Security Market Report by Segment

By Screening Type

• Network Security
• Application Security
• Cloud Security

By Deployment

• On-Premise
• Cloud

By End-User

• Government & Defense
• Retail
• BFSI
• Manufacturing
• Healthcare
• Automotive & Transportation