Artificial Intelligence In Security Market 2024-2028: Size and Technical difficulties in developing AI technologies; growth driven by the Deployment, Some of key Companies Positioned Strategically

The artificial intelligence in security market size by Deployment (On-premise and Cloud) and Geography (North America, Europe, APAC, Middle East and Africa, and South America), is forecast to increase by USD 25473.7 million. The market is expected to grow at a CAGR of   34.73% between 2024 and 2028.

• In the realm of Artificial Intelligence (AI) security, machine learning and deep learning techniques are pivotal, necessitating substantial processing power due to the vast number of computations required within brief timeframes. Security solution providers and analytics platforms are addressing this challenge by collaborating on quantum computing, an advanced computing infrastructure, to expedite calculations. With the proliferation of technology in machine learning and pattern recognition, as well as the expansion of the Information and Communications Technology (ICT) sector, organizations generate substantial volumes of both structured and unstructured data. Machine learning algorithms are designed to automatically respond to events based on their data, making data processing and analysis a critical function for security applications.
• The AI in security market in North America is experiencing significant growth due to the increasing demand for advanced security solutions in response to escalating cyber threats. Key industries such as retail, BFSI, manufacturing, and healthcare in the US, Canada, and Mexico are major contributors to this market's dominance. With the proliferation of IoT devices and the subsequent surge in data generation, organizations are turning to AI-driven security systems to mitigate risks and enhance their cybersecurity posture. The adoption of these solutions is becoming increasingly essential as the frequency and sophistication of cyberattacks continue to rise.

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Some of the Key Companies:

• Acalvio Technologies Inc.
• Advanced Micro Devices 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 Inc.
• SparkCognition Inc.
• Thomson Reuters Corp.

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