Nowadays, many organizations from various industries apply AI (artificial intelligence) technologies in order to ensure cybersecurity, protect their networks and reduce the burden on often understaffed IT departments and Security Operations Centers.
According to Datamation magazine, AI-powered information security technologies are designed to provide security on the application, cloud, endpoint and network levels. In addition, they can be used for analyzing network traffic, as well as a component of platforms for security incident and event management (SIEM).
Markets and Markets, a reputable analytical company, predicts that by 2026, the information security market using AI technologies will reach $38.2 billion, which is $8.8 billion more than in 2019, which means the compound annual growth rate will be 23.3%.
The AI-powered software offerings available on the information security market include machine learning algorithms as well as various functions and options related to network monitoring, such as APIs for processing speech and images obtained from various sensors.
The information security solutions that include an AI component come in especially handy when it comes to fraud detection, mobile device management (MDM), in particular BYOD, and optimizing data analysis.
The major manufacturers of information security solutions using AI technologies include such companies as Intel, Micron Technology, Xilinx, Amazon Web Services (AWS), IBM, Darktrace, Samsung, NVIDIA, Vectra AI and Cylance.
Among the main causes of such a growth of the information security market using AI technologies is the widespread use of the Internet of Things (IoT), as well as the increase in the number of connected devices and growing awareness of their vulnerabilities.
According to Verified Market Research, although most of the market for information security using AI technologies belongs to companies in the United States, the most rapid growth in 2019-2026 is expected in the Asia-Pacific region.