Global Artificial Intelligence in Security Market Size By Type (Endpoint Security, Network Security), By Application (Enterprise, BFSI), By Region, And Segment Forecasts, 2023 to 2032

The Global Artificial Intelligence (AI) in Security Market was valued at USD 25.3 billion in 2023 and is projected to reach USD 98.4 billion by 2031, growing at a CAGR of 18.5% during the forecast period from 2023 to 2031. The rapid adoption of AI-driven security solutions is transforming industries by enabling advanced threat detection, real-time response, and improved decision-making. Rising cyber threats and data breaches, combined with the increasing use of IoT and connected devices, are propelling the demand for AI in security.

Drivers:

Increasing Cybersecurity Threats: The growing frequency and sophistication of cyberattacks necessitate robust AI-based security solutions to detect and neutralize threats in real-time.

Rising Use of IoT Devices: The proliferation of IoT devices creates a larger attack surface, driving the need for AI-enabled security systems to ensure network integrity and safety.

Advancements in Machine Learning and Analytics: AI’s capability to analyze vast datasets and predict potential security breaches is becoming a critical tool for enterprises.

Restraints:

High Implementation Costs: The deployment of AI-driven security systems can be expensive, creating barriers for small and medium-sized businesses.

Data Privacy Concerns: AI systems often require large datasets for training, raising concerns about data protection and compliance with privacy regulations.

Opportunities:

Adoption in Emerging Markets: Emerging economies are increasingly investing in AI security solutions as they modernize their IT infrastructure.

Integration with Blockchain Technology: The combination of AI with blockchain enhances data security, offering new opportunities for innovative solutions.

Expansion of Smart City Projects: AI is a cornerstone technology for securing interconnected infrastructure within smart cities.

Market by System Type Insights:

Threat Intelligence Systems: Dominated the market in 2023, owing to the growing need for real-time monitoring and response to cyber threats.

Biometric Authentication Systems: Projected to grow significantly, driven by advancements in facial recognition and behavioral analytics.

Market by End-Use Insights:

Enterprise Security: Holds the largest market share, driven by increasing investments in AI to protect sensitive organizational data.

Government and Defense: Expected to witness robust growth as AI-driven solutions are adopted to combat national security threats.

Market by Regional Insights:

North America: Accounted for the largest market share in 2023, fueled by the early adoption of AI technologies and the presence of key players.

Asia-Pacific: Anticipated to be the fastest-growing region, driven by rising cyber threats and investments in advanced security solutions in countries like China and India.

Competitive Scenario:

Key players in the market include IBM Corporation, Cisco Systems, Inc., Palo Alto Networks, Inc., Fortinet, Inc., Darktrace Ltd., Symantec Corporation, and CrowdStrike Holdings, Inc. Companies are focusing on partnerships, product innovations, and acquisitions to expand their market presence. For example:

In 2023, IBM launched a new AI-driven platform for predictive threat management.

Palo Alto Networks introduced advanced AI-powered tools to enhance endpoint security.

Scope of Work – Global Artificial Intelligence in Security Market

Key Market Developments:

2023: Darktrace introduced AI-driven tools for predictive cybersecurity across cloud platforms.

2024: Cisco Systems launched an AI-powered network security suite with real-time threat mitigation capabilities.

2025: CrowdStrike announced a partnership with a leading cloud provider to develop integrated AI-driven security solutions.

FAQs:

What is the current market size of the Global AI in Security Market? The market size is USD 25.3 billion as of 2023.

What is the major growth driver of the Global AI in Security Market? The rising frequency of cyberattacks and the proliferation of IoT devices.

Which region is expected to dominate the Global AI in Security Market? North America currently dominates the market.

Which segment accounted for the largest market share in the Global AI in Security Market? The Threat Intelligence Systems segment.

Who are the key market players in the Global AI in Security Market? IBM, Cisco, Palo Alto Networks, Darktrace, and CrowdStrike.