London, June 19, 2020 (GLOBE NEWSWIRE) — According to new market research report titled, “Artificial Intelligence (AI) in Cybersecurity Market by Technology (ML, NLP), Security (Endpoint, Cloud, Network), Application (DLP, UTM, Encryption, IAM, Antivirus, IDP), Industry (Retail, Government, Automotive, BFSI, IT, Healthcare, Education), Geography– Global Forecast to 2027”. The artificial intelligence in cybersecurity market is expected to grow at a CAGR of 23.6% from 2020 to 2027 to reach $46.3 billion by 2027.
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Artificial intelligence in cybersecurity can simply be defined as the incorporation of AI technology to simplify complex processes of cybersecurity to make the system more reliable, secure, and independent. Emergence of disruptive digital technologies across different industry verticals, increasing demand for advanced cybersecurity solutions & privacy, increase in frequency & complexity of cyber threats, and consistent technological developments are the key factors driving the growth of the artificial intelligence in cybersecurity market. Moreover, the…
