The increasing digitization pace of different enterprises, expanding mobile internet penetration, cybersecurity solutions & privacy, increase in frequency & complexity of cyber threats, the emergence of disruptive digital technologies across the industry verticals, shift from traditional banking to digital banking, and rising ventures by government, IT, and monetary establishments in the AI innovation are the key elements adding to the development of the business, internationally. The global artificial intelligence (AI) in digital protection market size in 2019 was $8.6 billion, which is relied upon to observe positive development of 25.7% during the estimated time frame (2020–2030), coming to $101.8 billion out of 2030
To examine the COVID-19 effect on the AI in digital protection market size, the impacts of different factors, like the expansion in data usage, lockdown forced by the government of significant nations throughout the world, and expanding dependence on home organizations for internet access, have been considered. Due to the work-from-home model executed across associations, all things considered, owning to the Covid infection (COVID-19), the number of cyberattacks has seen an abrupt ascent during the lockdown period. Cybercriminals have immediately taken advantage to exploit the crisis, by adjusting their methods of operation and growing new cyber-related assaults related to COVID-19, which has raised the interest in AI-incorporated network safety arrangements
The North American region is assessed to command the largest share of the worldwide global artificial intelligence in the cybersecurity market in 2020, trailed by Asia Pacific, Europe, Latin America, the Middle East, and Africa. The large portion of this region has fundamentally represented the elements, for example, the presence of major players along with several emerging new start-ups in the region, expansion in government drives towards advanced technologies like artificial intelligence, multiplication of cloud-based solutions, expanding refinement of cyber-attacks, and rise of disruptive digital technologies. However, the Asia Pacific area is expected to witness rapid growth during the forecast period.
Cylance, a privately held artificial intelligence and cybersecurity company situated in Irvine, California, was gained by BlackBerry Limited (Canada). Cylance's machine learning and artificial intelligence technology is a strategic expansion to BlackBerry's end-to-end secure interchanges portfolio. Remarkably, its embeddable AI innovation accelerates the improvement of BlackBerry Spark, the secure communications platform for the Internet of Things (IoT) in the coming years.
Cylance reported the Cylance local AI stage, which conveys a full set-up of security solutions through a single, agile agent for complete assault surface protection with profound learning Al algorithms in its DNA to support automated threat detection, forensic investigation, and response capabilities to customers worldwide.
Darktrace reported an association that consolidates Darktrace's digital AI with Endace's unrivaled legal capacities. This combined solution empowers associations to discover in-progress assaults anywhere on the digital infrastructure with Darktrace's AI, and investigate them with industry-leading speed, scale, and accuracy using Endace's packet-level network history.
Symantec reported new data loss avoidance capacities that make it simpler for clients to shield confidential information from malicious, data-stealing apps and help meet regulatory compliance requirements. The combination of Symantec data loss prevention and endpoint insurance helps customers stop fake apps and malware from leaking sensitive information.
The key players profiled in the global artificial intelligence cybersecurity market are Amazon Web Services, Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Nvidia Corporation (U.S.), FireEye, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Micron Technology, Inc. (U.S.), Checkpoint Software Technologies Ltd. (U.S.), Imperva (U.S.), McAfee LLC (U.S.), LogRhythm, Inc. (U.S.), Sophos Ltd. (U.S.), NortonLifeLock Inc. (U.S.), and Crowdstrike Holdings, Inc. (U.S.).