Rising Adoption IoT and Cyber-Attacks Fuels Growth of AI in Security Market- Says Meticulous research

Artificial Intelligence in Security Market 2019- 2024
Rising Adoption IoT and Cyber-Attacks Fuels Growth of
AI in Security Market- Says Meticulous research
Meticulous Research® – leading global market research company studying report
titled “Artificial Intelligence in Security Market by Offering (Hardware, Software,
Service), Security Type (Network Security, Application Security), Technology
(Machine Learning, NLP, Context Awareness), Solution, End-User, and Region Global Forecast to 2024’’.
IoT combines connectivity with sensors, devices, and people, enabling a form of freeflowing conversation between man & machine and software & hardware. Whereas, AI
is expected to make a huge impact on the economy by transforming enterprises into
digital businesses and facilitating new business models, improving efficiency, and
increasing employee-customer engagement and cybersecurity. Artificial intelligence
power with IOT connectivity is used to protect and secure the network connecting IoT
devices to back-end systems on the Internet. AI in security authenticates an IoT device
by managing multiple users of a single device platform. Moreover, it ranges from
simple pins or static password to more robust authentication mechanisms such as
digital certificates, biometrics, and two-factor authentication. AI also aids in
connecting the physical and digital world by tracking objects, collect data, analyze it,
and take required action. Modern security AI can monitor activities of an object along
with its progress in a specific time period. According to the Internet Crime Complaint
Center (IC3), in 2016, cybercrimes resulted in losses of over $1.33 billion, globally.
Such exponential loss is expected to propel the demand for security solutions, thus
propelling the growth of the artificial intelligence in security market significantly.
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Artificial Intelligence in Security Market Segmentation:
AI in Security Products
•
Hardware
•
Software
•
Services
AI in Security Types
•
Endpoint Security
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Artificial Intelligence in Security Market 2019- 2024
•
Network Security
•
Application Security
•
Cloud Security
AI in Security Technologies
•
Machine Learning
•
Natural Language Processing (NLP)
•
Context Awareness Computing
AI in Security Solutions
•
Identity and Access Management (IAM)
•
Risk and Compliance Management
•
Encryption
•
Data Loss Prevention (DLP)
•
Unified Threat Management (UTM)
•
Antivirus/Antimalware
•
Intrusion Detection/Prevention System (IDS/IPS)
•
Others
AI in Security End-Users
•
Enterprise
•
BFSI
•
Government & Defense
•
Retail
•
Healthcare
•
Manufacturing
•
Automotive & Transportation
•
Infrastructure
•
Others
Continued…
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Artificial Intelligence in Security Market 2019- 2024
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Key Players of AI in Security Market
•
Acalvio Technologies, Inc.
•
Com, Inc.
•
Cylance Inc.
•
Darktrace Limited
•
IBM Corporation
•
Intel Corporation
•
Micron Technology
•
Nvidia Corporation
•
Samsung Electronics Co., Ltd.
•
Securonix, Inc.
•
Sift Science
•
Skycure Inc.
•
Sparkcognition
•
Threatmetrix
•
Xilinx Inc.
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Artificial Intelligence in Security Market 2019- 2024
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