GITNUX MARKETDATA REPORT 2024

AI Security Industry Statistics

The AI security industry is expected to grow rapidly, driven by the increasing need for advanced cybersecurity solutions to combat evolving threats and protect sensitive data.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In the following post, we will explore the current landscape of the AI security industry through a series of compelling statistics. From projected market values to anticipated growth rates and the impact of AI on cybersecurity practices, these data points paint a vivid picture of the evolving role of artificial intelligence in safeguarding digital environments. Join us as we dissect the numbers shaping the future of AI in security.

Statistic 1

"By the end of 2021, AI-embedded security expenditures are expected to touch $34.8bn globally."

Statistic 2

"The AI in security market is projected to reach $11.12 billion by 2026, showing a CAGR of 23.6%."

Statistic 3

"By the year 2025, the number of businesses using AI for cybersecurity will triplicate."

Statistic 4

"North America is expected to hold the largest share of the AI in Cybersecurity market by 2027."

Statistic 5

"By 2025, Europe and Asia Pacific combined will represent over 35% of AI security spending."

Statistic 6

"In the year 2020, businesses invested over $1.5bn in AI-based cybersecurity services."

Statistic 7

"Between 2021 and 2026, the AI in cyber threat intelligence market globally is expected to grow at a CAGR of 20.2%."

Statistic 8

"26% of organizations plan to implement AI-powered security solutions."

Statistic 9

"64% of IT decision makers feel AI lowers the cost of detecting breaches."

Statistic 10

"By 2028, the global AI in cybersecurity market aims to reach over $46 billion."

Statistic 11

"The AI security market in Latin America is expected to grow at a 32.7 % CAGR between 2021 and 2028."

Statistic 12

"69% of companies believe that they would not be able to respond to security threats without AI."

Statistic 13

"Implementation of AI in cybersecurity is predicted to increase productivity by nearly 50%."

Statistic 14

"By 2025, around 30-40% of all cyber-attacks will be powered by AI."

Statistic 15

"The average AI cybersecurity platform reduced detection times for breaches down to only 30 days in 2020."

Statistic 16

"In April 2021, 54% of security professionals increased their use of AI for security management."

Statistic 17

"80% of telecom companies depend on AI for securing their networks against cyber threats."

The statistics presented reveal a rapidly growing trend of utilizing AI in the cybersecurity industry, with significant increases in both investments and market size projected over the coming years. The data indicates a widespread adoption of AI in security practices, with businesses recognizing its value in enhancing threat detection capabilities, reducing costs, improving response times, and increasing overall productivity. The statistics suggest that AI will play a crucial role in the future of cybersecurity, as organizations increasingly rely on its capabilities to combat evolving cyber threats effectively.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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