Sep 22, 2020 4:14 AM ET
iCrowd Newswire – Sep 22, 2020
The ‘ Artificial Intelligence In Security market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Artificial Intelligence In Security derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Artificial Intelligence In Security market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
|covid-19 scenario||Market Behavior/ Level of Risk and Opportunity||End Industry Behavior/ Opportunity Assessment||Expected Industry Recovery Timeline||Business Impact Horizon|
|Opening of Economy by Q3 2020||xx||xx||xx||xx|
|Recovery – Opening of Economy extended till Q4 2020 / Q1 2021||xx||xx||xx||xx|
As digital threats and cybercrimes are rising in number’ security needs to be enhanced. Security now needs constant supervision and adaption to the current market scenarios. With the rise in connected enterprises’ devices and applications’ the businesses are becoming more vulnerable as they are connected to a mass of independent endpoints. AI in security provides an enticing proposition with its proactive threat mitigation capabilities which is needed for constant supervision and adaptation to the multifaceted security vulnerabilities faced by modern digitalized economy.
With the increasing use of sophisticated techniques for cybercrimes’ there is a rising need for AI based techniques to counter the threats from malicious software bots. AI can be used to fight against various cyber threats including spear phishing’ watering hole attack’ webshell’ ransomware’ DDoS attacks’ and remote exploitation’ by identifying and preventing them from proliferating into the systems. AI based security systems can analyze even those threats which have not occurred in the past unlike traditional based security systems.
The AI in security market is expected to reach $11.95 billion by 2024′ growing at a CAGR of around 34.9% during the forecast period. The market is expected to witness a surge in the next few years’ factors such as growing need of technologies like AI’ machine learning and deep learning to tackle the evolving threats and advanced persistent threats which remains undetected within the network which steal the data’ increasing number of security breaches and increasing BYOD trends has further pushed the growth of AI in security market during the forecast period.
Market Segmentation Analysis:
The report provides a wide-ranging evaluation of the market. It provides an in-depth qualitative insights’ historical data’ and supportable projections and assumptions about the market size. The projections mentioned in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio’ blogs’ whitepapers’ and vendor presentations. Thus’ the research report serves every side of the market and is segmented based on Regional markets’ Software Tools’ Security Type’ Application’ and Verticals.
The report covers and analyzes the AI in security market. As customers are in need of better and comprehensive software tools’ the market will witness an increase in the number of strategic partnerships for better product development. With a large pool of startups offering customized solutions’ the market is still very fragmented and will consolidate as mergers and acquisitions happen during the forecast period.
The report contains an in-depth analysis of the vendor profiles’ which includes financial health’ business units’ key business priorities’ SWOT’ strategy; the prominent vendors covered in the report include IBM Corporation’ Palo Alto Networks Inc.’ Amazon’ Cylance’ LogRhythm’ Sift Science’ Darktrace’ Securonix’ ThreatMetrix and others. The vendors have been identified based on the portfolio’ geographical presence’ marketing and distribution channels’ revenue generation’ and significant investments in R&D.
Companies including IBM Corporation’ Palo Alto Networks’ Cylance are the key players in the Supply Chain Analytics market. IBM and MIT are investing in MIT-IBM Watson AI Lab which is focusing towards developing AI algorithms and new applications of AI in various fields such as healthcare and cybersecurity. Recently in 2018′ Palo Alto Networks announced that it had acquired Israel-based Secdo to add endpoint detection and response (EDR) capabilities for its advanced endpoint protection and the application framework.
The report also includes the complete insight of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends’ current scenarios’ initiatives taken by the government’ and the latest technologies related to the market. In addition’ it helps the venture capitalists in understanding the companies better and to take informed decisions.
North America had the largest market share in 2017 and is expected to dominate the AI in security market during the forecast period. The market will experience a steep rise in this region. Factors driving the growth of the market in North America includes increasing government funding in this region’ increasing IT security budgets which increased by more than 2% compared to the previous year’ growing number of cyber-attacks’ such as ransomware which has increased more than 50% worldwide with the US been the most affected country with ransomwares such as WannaCry and NotPetya’ cryptojacking which disturbs the businesses financially and operationally’ and growing presence of providers of AI based security solutions in the region.
The report provides an in-depth analysis of AI in security market. One of the major advantage of using AI in security is that even the small deviations can be captured which were not possible in traditional signature based approaches. AI and machine learning applications can be used to fight against spear phishing’ watering hole’ webshell’ ransomware’ and remote exploitation by identifying the known as well as the unknown threats and preventing those threats before they can execute into the systems. The report is segmented based on Software Tools’ Security Type’ Application’ Verticals and Regions related to this market. Further’ the report also provides details about the major challenges impacting the market growth.
Key Players Covered in the Report
IBM Corporation’ Palo Alto Networks Inc.’ Amazon’ Cylance’ LogRhythm’ Sift Science’ Darktrace’ Securonix’ ThreatMetrix and others
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Artificial Intelligence In Security Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
- The heavy economic impacts of social distancing measures
- Future changes in consumer behavior
- The urgent need for high-frequency economic data
- Mapping Out a Potential Recovery
- Business Strategies During COVID-19
- Near & Long Term Risk Outlook, Risk Assessment and Opportunities
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
- Market size and growth rate during forecast period.
- Key factors driving the Market.
- Key market trends cracking up the growth of the Market.
- Challenges to market growth.
- Key vendors of Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is market chain analysis by upstream raw materials and downstream industry?
- What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
- What were capacity, production value, cost and profit?
- Who are the global key players in this industry? What are their company profile, their product information, and contact information?
- Which manufacturing technology is used, what are their company profile, their product information, and contact information?
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Key Points Covered in Artificial Intelligence In Security Market Report: COVID 19 Impact Analysis
Table of Contents
1 Industry Outlook 10
1.1 Industry Overview 10
1.2 Industry Trends 11
1.3 PEST Analysis 12
2 Report Outline 13
2.1 Report Scope 13
2.2 Report Summary 13
2.3 Research Methodology 15
2.4 Report Assumptions 15
3 Market Snapshot 16
3.1 Total Addressable Market (TAM) 16
3.2 Segmented Addressable Market (SAM) 16
3.3 Related Markets 17
4 Market Outlook 19
4.1 Overview 19
4.2 Market Trends and Impact 19
4.3 Market Segmentation 20
5 Market Characteristics 21
5.1 Ecosystem 21
5.2 Market Dynamics 22
5.2.1 Drivers 22
184.108.40.206 Cost incurred from increasing severity of security breaches 22
220.127.116.11 Assurance of security professionals on greater reliability on AI based security 23
18.104.22.168 Huge demand to bridge the existing security gaps 23
5.2.2 Restraints 24
22.214.171.124 Lack of data scientists 24
126.96.36.199 Vulnerabilities in AI platforms 24
5.2.3 Opportunities 25
188.8.131.52 Competence in advanced persistent threat (APT) protection 25
184.108.40.206 Stringent regulations to maintain compliance and data privacy 25
5.2.4 DRO – Impact Analysis 26
6 Software Tools 27
6.1 Overview 27
6.2 Log Manager and Analyzer 28
6.3 Identity and Access Management (IAM) 29
6.4 Compliance 30
7 Security Type: Market Size & Analysis 32
7.1 Overview 32
7.2 Network Security 33
7.3 Endpoint Security 34
7.4 Application Security 35
7.5 Cloud Security 36
8 Applications: Market Size & Analysis 38
8.1 Overview 38
8.2 Pre-emptive Threat Intelligence 40
8.3 Anomaly Detection 40
8.4 Proactive Risk Assessment and Mitigation 41
9 Verticals: Market Size & Analysis 43
9.1 Overview 43
9.2 BFSI 45
9.3 Healthcare 45
9.4 Retail 46
9.5 Telecom and IT 47
9.6 Others (Government and Defense’ Automotive and Transportation’ Energy and Utilities) 48
10 Regions 50
10.1 Overview 50
10.2 North America 51
10.2.1 Market Size and Analysis 52
10.2.2 DRO For North America 52
10.2.3 US 54
10.2.4 Canada 55
10.3 Europe 55
10.3.1 Market Size and Analysis 56
10.3.2 DRO For Europe 56
10.3.3 UK 58
10.3.4 Germany 59
10.4 APAC 59
10.4.1 Market Size and Analysis 60
10.4.2 DRO for Asia Pacific 60
10.4.3 China 62
10.4.4 India 62
10.4.5 Japan 63
10.5 RoW (ME’ Latin America’ Africa) 63
10.5.1 Market Size and Analysis 64
11 Vendor Profiles 67
11.1 IBM Corporation 67
11.1.1 Overview 67
11.1.2 Business Units 68
11.1.3 Geographic Revenue 70
11.1.4 SWOT Analysis 70
11.1.5 Business Strategies 71
11.2 Palo Alto Networks 72
11.2.1 Overview 72
11.2.2 Geographic Revenue 73
11.2.3 SWOT Analysis 74
11.2.4 Business Strategies 75
11.3 Cylance 76
11.3.1 Overview 76
11.3.2 Business Strategies 76
11.4 Amazon 77
11.4.1 Overview 77
11.4.2 Business Units 78
11.4.3 SWOT Analysis 79
11.4.4 Business Strategies 80
11.5 LogRhythm 81
11.5.1 Overview 81
11.5.2 Business Strategies 81
12 Other Prominent Vendors 82
12.1 Sift Science 82
12.1.1 Overview 82
12.2 Darktrace 82
12.2.1 Overview 82
12.3 Securonix 83
12.3.1 Overview 83
12.4 Deep Instinct 84
12.4.1 Overview 84
12.5 ThreatMetrix 84
12.5.1 Overview 84
13 Competitive Landscape 86
> Abbreviations 87
……..and view more in complete table of Contents
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