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The artificial intelligence in security market share is expected to increase by USD 16.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 26.84%.
Artificial intelligence in the security market has been broadly categorized into the following demographic segmentations:
The artificial intelligence in security market report offers information on several market vendors, including Acalvio Technologies inc., BlackBerry Ltd., Broadcom inc., Cisco Systems inc., Darktrace Holdings Ltd., Hewlett Packard Enterprise Co., intel Corp., international Business Machines Corp., Micron Technology inc., NVIDIA Corp., Oracle Corp., Palo Alto Networks inc., RELX Plc, Samsung Electronics Co. Ltd., SAP SE, SAS institute inc., Securonix, SparkCognition, Thomson Reuters Corp., and Xilinx inc. among others.
One of the key highlights of the artificial intelligence in security market research report is the post-COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the forecast period.
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The rapid increase in the use of mobile and other connected devices is notably driving the artificial intelligence in security market growth, although factors such as technical difficulties in developing ai technologies may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on artificial intelligence in the security industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Artificial intelligence in Security Market Driver
Key Artificial intelligence in Security Market Trend
Key Artificial intelligence in Security Market Challenge
This artificial intelligence in security market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global artificial intelligence (AI) in security market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the artificial intelligence in security market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the artificial intelligence in security market encompasses successful business strategies deployed by the key vendors. The artificial intelligence in security market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, and performance to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The artificial intelligence in security market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the artificial intelligence in security market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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33% of the market's growth will originate from Europe during the forecast period. The UK and Germany are the key markets for artificial intelligence in security market in Europe. Market growth in this region will be faster than the growth of the market in South America and North America.
Another key region offering significant growth opportunities to vendors is North America. Due to the increase in technological advances, there has been a rise in cyberattacks in end-user industries will facilitate the artificial intelligence in security market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The US has been the most affected country globally by the COVID-19 pandemic. The pandemic has negatively affected organizations and has changed the way employees work, resulting in new cyber threats. However, in 2021, the demand for AI-based security solutions increased as regional end-user activities picked up pace following the success of the large-scale COVID-19 vaccination drives. These factors will, thus, drive the growth of the regional AI in security market during the forecast period.
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The artificial intelligence in security market share growth by the on-premise segment will be significant during the forecast period. On-premises AI-based security solutions are majorly developed and used by large enterprises that have a global presence to gain more control and ownership over their security and the data generated and stored within the application. Organizations apply AI and machine learning (ML) technologies to extract and analyze massive data sets that contain sensitive information. Hence, such organizations prefer to operate through on-premises deployment than in the cloud. This, in turn, will have a positive impact on the AI in security market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the AI in security market size and actionable market insights on post COVID-19 impact on each segment.
Artificial intelligence in Security Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 26.84% |
Market growth 2022-2026 |
$ 16.23 billion |
Market structure |
Fragmented |
YoY growth (%) |
24.57 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
Europe at 33% |
Key consumer countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Acalvio Technologies inc., BlackBerry Ltd., Broadcom inc., Cisco Systems inc., Darktrace Holdings Ltd., Hewlett Packard Enterprise Co., intel Corp., international Business Machines Corp., Micron Technology inc., NVIDIA Corp., Oracle Corp., Palo Alto Networks inc., RELX Plc, Samsung Electronics Co. Ltd., SAP SE, SAS institute inc., Securonix, SparkCognition, Thomson Reuters Corp., and Xilinx inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Deployment
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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