TMCnet News
The AI in cybersecurity market is projected to reach USD 38.2 billion by 2026 from USD 8.8 billion in 2019, at the highest CAGR of 23.3%NEW YORK, May 21, 2019 /PRNewswire/ -- AI in cybersecurity to grow at CAGR of 23.3% from 2019 to 2026 It allows organizations to achieve their desired goals by automating workflows while complying with policy guidelines and government regulations, thereby reducing financial risks as well as safeguarding the company's brand image. The AI in cybersecurity market in APAC to grow at highest CAGR during forecast period. APAC is expected to be the largest AI in cybersecurity market during the forecast period.This market is further divided into China, Japan, South Korea, India, and the Rest of APAC. The Rest of APAC includes Singapore, Malaysia, Thailand, Australia, and New Zealand.China is the largest market among all APAC countries. China, Japan, South Korea, and India are witnessing growth in the AI in cybersecurity and its start-ups.SMEs and large enterprises in this region are rapidly adopting cybersecurity solutions to ensure security of their networks, web, and mobile applications. High adoption of advanced technologies, such as IoT, Big Data analytics, and cloud computing, and rising concerns about data security in the region are expected to drive the growth of the AI in cybersecurity market in APAC. Breakdown of primary participants' profile: • By Company Type: Tier 1 = 30%, Tier 2 = 30%, and Tier 3 = 40% • By Designation: C-Level Executives = 45%, Directors = 30%, and Others = 25% • By Region: North America = 30%, Europe = 40%, APAC = 25%, and RoW = 5% NVIDIA Corporation (US), Intel Corporation (US), Xilinx Inc. (US), Samsung Electronics Co., Ltd (South Korea), Micron Technology, Inc. (US), IBM Corporation (US), Amazon Web Services, Inc. (US), Darktrace (UK), Cylance Inc. (US), Vectra AI, Inc. (US), ThreatMetrix Inc. (US), Securonix Inc. (US), Sift Science (US), Acalvio Technologies (US), SparkCognition Inc. (US), Palo Alto Networks Inc. (US), and Symantec Corporation (US) are a few major players in the AI in cybersecurity market. Research Coverage: Offering, deployement type, security type, technology, application, end user, and geography are the segments covered in this report. It also gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW. Reasons to Buy the Report: • This report includes statistics pertaining to the AI in cybersecurity market in terms of offering, deployement type, security type, technology, application, end user and region, along with their respective market sizes. • Major drivers, restraints, opportunities, and challenges for the AI in cybersecurity market have been provided in detail in this report. • The report includes illustrative segmentation, analysis, and forecast for the AI in cybersecurity market based on its segments and subsegments. Read the full report: https://www.reportlinker.com/p05273236/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
View original content:http://www.prnewswire.com/news-releases/the-ai-in-cybersecurity-market-is-projected-to-reach-usd-38-2-billion-by-2026-from-usd-8-8-billion-in-2019--at-the-highest-cagr-of-23-3-300854479.html SOURCE Reportlinker |