Security News > 2020 > November > The AI in cybersecurity market to generate $101.8 billion in 2030
The AI in cybersecurity market is projected to generate a revenue of $101.8 billion in 2030, increasing from $8.6 billion in 2019, progressing at a 25.7% CAGR during 2020-2030, ResearchAndMarkets reveals.
The market is categorized into threat intelligence, fraud detection/anti-fraud, security and vulnerability management, data loss prevention, identity and access management, intrusion detection/prevention system, antivirus/antimalware, unified threat management, and risk & compliance management, on the basis of application.
This is further resulting in the growth of the global AI in cybersecurity market.
The fraud detection/anti-fraud category accounted for the major share of the market in 2019 and is predicted to dominate the market during the forecast period as well.
Geographically, the AI in cybersecurity market was led by North America in 2019, as stated by a the publisher report.
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