Artificial Intelligence in Security Market to grow by USD 16.23 Bn by 2026, Rapid Increase In The Use Of Mobile And Other Connected Devices to Boost Growth - Technavio

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Nov 02, 2022, 05:30 ET

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The artificial intelligence in security market size is expected to grow by USD 16.23 billion during 2021-2026, progressing at a CAGR of 26.84% during the forecast period. 33% of the market growth will originate from Europe.

Artificial Intelligence in Security Market 2022-2026: Parent Market Analysis

Technavio has announced its latest market research report titled Global Artificial Intelligence in Security Market 2022-2026

Technavio categorizes global artificial intelligence (AI) in the security market as a part of the global information technology (IT) spending market. The parent global IT spending market covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software. Technavio calculates the global IT spending market size based on various IT solutions spending by various end-user industries such as healthcare; banking, financial services, and insurance (BFSI); retail; transportation; media and entertainment; and construction.

Artificial intelligence in Security Market Value Chain Analysis

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.

The value chain of the internet and direct marketing retail market includes the following core components:

Inputs
Inbound logistics
Operations
Outbound logistics
Marketing and sales
Service
Support activities
Innovation

To unlock information about vendor drive costs and customer service, download our free sample report.

Artificial Intelligence in Security Market 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our artificial intelligence in security market report covers the following areas:

One of the main factors boosting artificial intelligence (AI) in security market growth is the rapid rise in the use of mobile and other connected devices. The sales volume of connected devices, including routers, tablets, and smartwatches, is rising with the introduction of AI, machine learning, and high-end data networks. The security system for IoT devices is weak and susceptible to hacker attacks. IoT devices are not made to stop risks like hacking. As a result, hackers may target these devices to steal usernames and passwords and get access to other sensitive data.

In order to secure the data on IoT devices, AI risk management is essential. The study identifies the increasing demand for cloud-based applications as one of the prime reasons driving artificial intelligence in security market growth during the next few years.

Artificial Intelligence in Security Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Artificial Intelligence in Security Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Artificial Intelligence in Security Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Artificial Intelligence in Security Market 2022-2026: Key Highlights

CAGR of the market during the forecast period
Detailed information on factors that will assist artificial intelligence in security market growth during the next five years
Estimation of the artificial intelligence in security market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of artificial intelligence in the security market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the development of artificial intelligence in security market vendors

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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
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 future consumer dynamics, and market condition analysis for the 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.

Table Of Contents :

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Deployment

5.1 Market segments

Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)

5.2 Comparison by Deployment

Exhibit 26: Chart on Comparison by Deployment
Exhibit 27: Data Table on Comparison by Deployment

5.3 On-premise - Market size and forecast 2021-2026

Exhibit 28: Chart on On-premise - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on On-premise - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on On-premise - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on On-premise - Year-over-year growth 2021-2026 (%)

5.4 Cloud - Market size and forecast 2021-2026

Exhibit 32: Chart on Cloud - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Cloud - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Cloud - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Cloud - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Deployment

Exhibit 36: Market opportunity by Deployment ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026

Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026

Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026

Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Broadcom Inc.

Exhibit 89: Broadcom Inc. - Overview
Exhibit 90: Broadcom Inc. - Business segments
Exhibit 91: Broadcom Inc. - Key news
Exhibit 92: Broadcom Inc. - Key offerings
Exhibit 93: Broadcom Inc. - Segment focus

10.4 Hewlett Packard Enterprise Co.

Exhibit 94: Hewlett Packard Enterprise Co. - Overview
Exhibit 95: Hewlett Packard Enterprise Co. - Business segments
Exhibit 96: Hewlett Packard Enterprise Co. - Key news
Exhibit 97: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 98: Hewlett Packard Enterprise Co. - Segment focus

10.5 Intel Corp.

Exhibit 99: Intel Corp. - Overview
Exhibit 100: Intel Corp. - Business segments
Exhibit 101: Intel Corp. - Key news
Exhibit 102: Intel Corp. - Key offerings
Exhibit 103: Intel Corp. - Segment focus

10.6 International Business Machines Corp.

Exhibit 104: International Business Machines Corp. - Overview
Exhibit 105: International Business Machines Corp. - Business segments
Exhibit 106: International Business Machines Corp. - Key offerings
Exhibit 107: International Business Machines Corp. - Segment focus

10.7 Micron Technology Inc.

Exhibit 108: Micron Technology Inc. - Overview
Exhibit 109: Micron Technology Inc. - Business segments
Exhibit 110: Micron Technology Inc. - Key offerings
Exhibit 111: Micron Technology Inc. - Segment focus

10.8 NVIDIA Corp.

Exhibit 112: NVIDIA Corp. - Overview
Exhibit 113: NVIDIA Corp. - Business segments
Exhibit 114: NVIDIA Corp. - Key news
Exhibit 115: NVIDIA Corp. - Key offerings
Exhibit 116: NVIDIA Corp. - Segment focus

10.9 Palo Alto Networks Inc.

Exhibit 117: Palo Alto Networks Inc. - Overview
Exhibit 118: Palo Alto Networks Inc. - Product / Service
Exhibit 119: Palo Alto Networks Inc. - Key news
Exhibit 120: Palo Alto Networks Inc. - Key offerings

10.10 RELX Plc

Exhibit 121: RELX Plc - Overview
Exhibit 122: RELX Plc - Business segments
Exhibit 123: RELX Plc - Key offerings
Exhibit 124: RELX Plc - Segment focus

10.11 Samsung Electronics Co. Ltd.

Exhibit 125: Samsung Electronics Co. Ltd. - Overview
Exhibit 126: Samsung Electronics Co. Ltd. - Business segments
Exhibit 127: Samsung Electronics Co. Ltd. - Key news
Exhibit 128: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 129: Samsung Electronics Co. Ltd. - Segment focus

10.12 Xilinx Inc.

Exhibit 130: Xilinx Inc. - Overview
Exhibit 131: Xilinx Inc. - Business segments
Exhibit 132: Xilinx Inc. - Key offerings
Exhibit 133: Xilinx Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 134: Inclusions checklist
Exhibit 135: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 136: Currency conversion rates for US$

11.4 Research methodology

Exhibit 137: Research methodology
Exhibit 138: Validation techniques employed for market sizing
Exhibit 139: Information sources

11.5 List of abbreviations

Exhibit 140: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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