The Asia Pacific Artificial Intelligence In Cybersecurity Market would witness market growth of 25.0% CAGR during the forecast period (2022-2028).
These technologies are always learning and developing, gathering information from the past as well as the present to identify new types of attacks that might take place right now or in the future. Cybersecurity is only one of the many domains where AI offers benefits and applications. AI and machine learning can assist in keeping up with hackers, automating threat detection, and responding more efficiently than traditional software-driven or manual procedures in the modern environment of quickly developing cyberattacks and rapidly multiplying gadgets.
AI can be used to identify online dangers and potentially malicious activity. The sheer volume of a new malware that is developed every week is simply too much for traditional software systems to handle, therefore AI can be quite helpful here. AI systems are being trained to detect malware, perform pattern recognition, and identify even the tiniest behaviors of ransomware or malware attacks before they enter the system using complex algorithms.
With the use of natural language processing, which collects data by itself by reading articles, news stories, and research on cyber threats, AI enables higher predictive intelligence. This can provide information on brand-new oddities, cyberattacks, and defense tactics. Since cybercriminals also follow trends, what is popular with them is continuously shifting.
The BFSI sector in the regional countries is very crucial and is also expanding day by day as the population of these economies is increasing. In India, the BFSI sector consists of the banking, financial services, and insurance industries. According to the India Grid Government, the BFSI industry in India was estimated to be worth Rs. 81 trillion and was expected to grow to become the fifth-largest in the world by 2020 and the third-largest by 2025.
The China market dominated the Asia Pacific Artificial Intelligence In Cybersecurity Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,324.2 million by 2028. The Japan market is experiencing a CAGR of 24.2% during (2022 - 2028). Additionally, The India market would display a CAGR of 25.7% during (2022 - 2028).
Based on Offering, the market is segmented into Services, Hardware, and Software. Based on Vertical, the market is segmented into Enterprise, BFSI, Retail, Government & Defense, Healthcare, Manufacturing, and Others. Based on Application, the market is segmented into Fraud Detection/Anti-Fraud & Threat Intelligence, Identity & Access Management, Risk & Compliance Management, Data Loss Prevention, and Unified Threat Management & Others. Based on Type, the market is segmented into Network Security, Endpoint Security, Vertical Security, and Cloud Security. Based on Technology, the market is segmented into Machine Learning, Natural Language Processing (NLP), and Context-aware Computing. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Artificial Intelligence In Cybersecurity Market is Projected to reach USD 57.1 Billion by 2028, at a CAGR of 24.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Amazon Web Services, Inc., FireEye, Inc., BlackBerry Limited, Fortinet, Inc., Intel Corporation, RELX PLC, Micron Technology, Inc., Acalvio Technologies, Inc., and Darktrace Holdings Limited.
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