GITNUX MARKETDATA REPORT 2024

Ai In The Cyber Security Industry Statistics

As AI continues to revolutionize the cyber security industry, it is expected to improve threat detection, response times, and overall resilience against advanced cyber threats.

Statistic 1

"By 2023, 33% of all cyber security attacks will be handled by AI and Machine Learning, up from 10% in 2019."

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Statistic 2

"In 2020, the demand for AI in cybersecurity was estimated to reach USD 38.2 billion globally."

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Statistic 3

"69% of organizations admit that they can't respond to cyber threats without AI."

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Statistic 4

"By 2021, AI in cybersecurity has helped to reduce the time taken to detect threats and breaches up to 12%."

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Statistic 5

"75% of executives believe AI allows their company to get to a solution faster."

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Statistic 6

"AI tools can reduce the average time to detect a breach from up to 201 days to less than 20 days."

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Statistic 7

"USD 34.8 billion was spent on AI systems in cybersecurity in 2021."

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Statistic 8

"There is a 48% increase in the investment in AI cybersecurity startups since 2020."

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Statistic 9

"AI will cause a 15% reduction in cyber insurance premium globally by 2025."

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Statistic 10

"AI can help reduce a company's average cost of a cyber breach by up to 20%."

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Statistic 11

"Around 53% of industry leaders believe that AI and Machine Learning are the answer to cybersecurity shortages."

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Statistic 12

"Artificial Intelligence-powered cybersecurity market is predicted to reach $101.8 billion by 2030."

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Statistic 13

"89% of companies have experienced an improved cybersecurity posture due to the adoption of AI."

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