Report ID: SQMIG45D2083
Report ID:
SQMIG45D2083 |
Region:
Global |
Published Date: October, 2024
Pages:
234
|
Tables:
207 |
Figures:
80
Artificial Intelligence In Security Market size was valued at USD 20.56 Billion in 2023 and is poised to grow from USD 25.62 Billion in 2024 to USD 148.82 Billion by 2032, growing at a CAGR of 24.60% during the forecast period (2025-2032).
Growing incidence of cyberattacks and high spending on improvement of cybersecurity around the world are projected to primarily promote the demand for artificial intelligence in security going forward. Increasing sophistication of cyberattacks and growing adoption of advanced digital technologies are also slated to create new opportunities in the future. Imposition of stringent data privacy and security mandates and emphasis on improving compliance for the same are anticipated to promote the adoption of artificial intelligence in security in the long run. Advancements in machine learning and artificial intelligence algorithms and technologies also play a vital role in global artificial intelligence in security market growth over the coming years. On the contrary, complexity in integration, high costs of implementation, dearth of skilled professionals, and ethical concerns are slated to impede the adoption of artificial intelligence in security across the study period and beyond.
US Artificial Intelligence In Security Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45D2083