Artificial intelligence based security market
Artificial Intelligence-Based Security Market, by Offering (Hardware, Software, and Services), by Deployment Type (Cloud and On-premise), by Security Type (Network Security, Endpoint Security, Application Security, and Cloud Security), by Solutions (Identity and Access Management (IAM), Risk and Compliance Management, Encryption, and Others), by Technology (Machine Learning, Context Awareness Computing, and Natural Language Processing), by Verticals (Government & Defense, BFSI, Enterprise, and Others), and by Region - Global Trends, and Forecast till 2025
- Jan 2018
- CMI1247
- 212 Pages
- Excel & Pdf
- Information and Communication Technology
Artificial Intelligence (AI) Based Security Market
Artificial intelligence is a branch of computer science, which uses visual perception, speech recognition, decision-making, and translation between languages, to make a machine intelligent without assistance of humans. Artificial intelligence techniques can be used for security management purposes to protect any system from security attacks or threats by warning the user in real-time. For example, Intrusion Detection System is a mode of security software that can automatically detect if someone is trying to hack confidential information through malicious activities or security policy violations, further alerting the user about the attempt to intrude data. Similarly, cryptography is a method of analyzing and transmitting data in a particular form that shares the data only with an intended user.
Rampant advancements in technology and increasing use of 2G, 3G, and 4G Long-Term Evolution (LTE) wireless networks, along with the introduction of 5G mobile networks, are major factors driving growth of the global market for artificial intelligence based security. These cellular networks enable connectivity and communications to exchange real time information, data, and online transactions among other activities, which are prominent targets of cyber-attacks. . For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes resulted in losses of over US$1.33 billion, globally. This in turn, is expected to boost the demand for security solutions, thus boosting growth of the artificial intelligence based security market over the forecast period.
Additionally, increasing smart city initiatives, globally, is also expected to fuel growth of the AI based security market. For instance, in 2015, Government of India launched ‘100 Smart Cities Mission’. Important elements of the smart city initiatives include digitalization and deployment of Wi-Fi hotspots at various locations. Public Wi-Fi networks are unsecured networks that use shared passwords. Hence, is exposed to threats such as malware, phishing, password breaches, and denial of service attacks. Increasing deployment of personal Wi-Fi facility is thus, expected to increase demand for artificial intelligence to detect any abnormal behavior at early stages. This in turn, is expected to fuel growth of the market for artificial intelligence in security.
Moreover, according to F-Secure Labs, daily around 5000,000 samples of data are received from customer reporting around 10,000 malware and around 60,000 malicious URLs for analysis and protection. Analysis of large amounts of data is beyond human capacity, due to which, artificial intelligence is implemented.
The banking and finance sector is witnessing significant changes due to adoption of IT solutions for improvement of banking services. Proliferation in online transactions and increasing use of services such as NEFT (National Electronic Fund Transfer), RTGS (Real-time Gross Settlement Systems), ECS (Electronic Clearing Service) as well as mobile transactions, is in turn, increasing the demand for secure solutions. Increasing number of payment gateways, e-Commerce websites, and mobile application that accept online transactions and store credit card and debit card information are also increasing the susceptibility to hacking. According to the Reserve Bank of India (RBI), during 2015–2016, 16,468 frauds associated with ATM, debit card, credit card, and net banking were reported. The number recorded in 2015, was higher than that recorded in 2014, accounting for 13,083 frauds and that recorded in 2013, accounting for 9,500. Due to this, an increasing adoption of Artificial Intelligence Based Security is being witnessed in the banking and finance sector.
Artificial intelligence simply measures the relation between input and output variables, thus true insights on the problem and nature of the solution are not guaranteed. This poses as a restraint for growth of the global market of artificial intelligence based security.
FOUR PILLARS OF DEVELOPMENT
SOURCE: COHERENT MARKET INSIGHTS ANALYSIS, 2017
North America accounted for the largest market share in 2016
North America held a dominant position in the global artificial intelligence based security market in 2016, and is expected to retain its dominance throughout the forecast period. This growth is attributed to rising cyber-attacks in this region. U.S. accounted for the major market share in the region, owing to constant cyber-attacks on industries such as healthcare, banking and financial, and retail and manufacturing. For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes were valued at over US$1.33 billion globally, in which, California witnessed the highest recorded loss with over US$ 255 million. Additionally, in 2016, around 28% of web application attacks were recorded in the U.S., followed by the Netherlands and Germany.
The market in Asia Pacific is estimated to exhibit the highest CAGR over the forecast period. This is attributed to rising adoption of machine learning and natural language processing technologies as well as increasing number of 5G pilot projects in the region. This in turn, is expected to boost the AI in security for application in the telecom industry. For instance, China Telecom Corporation Ltd. established a new 5G base station in Lanzhou on December 2017, to expand 5G pilot projects in China. This in turn, is expected to boost growth of the artificial intelligence based security market over the forecast period.
Key companies
Major players operating in the global artificial intelligence based security market include Nvidia Corporation, Intel Corporation, Xilinx Inc., Samsung Electronics Co., Ltd., Micron Technology, IBM Corporation, Cylance Inc., Threatmetrix, Securonix, Inc., Amazon, Sift Science, Acalvio Technologies, and Skycure Inc.
Table of Contents
- Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Offering
- Market Snippet By Deployment Type
- Market Snippet By Security Type
- Market Snippet By Security Solutions
- Market Snippet By Technology
- Market Snippet By Vertical
- Market Snippet By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New Product Approvals/Launch
- Global Artificial Intelligence Based Security Market, By Offering, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Software
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Services
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Deployment Type, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Cloud
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- On-Premise
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Security Type, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Network Security
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Endpoint Security
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Application Security
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Cloud Security
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Security Solutions, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Identity and Access Management (IAM)
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Risk and Compliance Management
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Encryption
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Data Loss Prevention (DLP)
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Unified Threat Management (UTM)
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Antivirus/Antimalware
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Intrusion Detection/Prevention System (IDS/IPS)
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Others
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Technology, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Machine Learning
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Context Awareness Computing
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Natural Language Processing
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Vertical, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Segment Trends
- Government & Defense
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- BFSI
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Enterprise
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million
- Infrastructure
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Automotive & Transportation
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Healthcare
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million
- Retail
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Manufacturing
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million
- Others
- Introduction
- Market Size and Forecast, 2015 - 2025, (USD Million)
- Global Artificial Intelligence Based Security Market, By Regions, 2015 - 2025 (USD Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- North America
- By Country
- U.S.
- Canada
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Europe
- By Country
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Latin America
- By Country
- Brazil
- Mexico
- Rest Of Asia Pacific
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Africa
- By Country
- South Africa
- Central Africa
- North Africa
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Middle East
- By Country
- GCC
- Israel
- Rest Of Middle East
- By Segment
- Market Size and Forecast, By Offering, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Deployment Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Type, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Security Solutions, 2015 - 2025 (USD Million)
- Market Size and Forecast, By Technology, 2015 - 2025 (USD Million)
- Market Size and Forecast, By End-User Industry, 2015 - 2025 (USD Million)
- Competitive Landscape
- Company Profiles
- Nvidia Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Intel Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Xilinx Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Samsung Electronics Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Micron Technology
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- IBM Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Cylance Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Threatmetrix
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Securonix, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Amazon
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Sift Science
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Acalvio Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Skycure Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
- Available Customizations
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