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
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 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:
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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.
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Artificial Intelligence in Security Market 2022-2026: Key Highlights
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Global Social Media Management Software Market by Deployment and Geography - Forecast and Analysis 2022-2026: The report extensively covers the social media management software market segmentation by deployment (cloud-based and on-premises) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
Table Of Contents :
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
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