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Artificial Intelligence In Security Market Analysis

The global artificial intelligence (AI) in security market is projected to grow from $18.52 billion in 2022 to $22.7 billion in 2023 and further to $50.25 billion by 2027, with a compound annual growth rate (CAGR) of 22%, according to The Business Research Company. The growth is being driven by the rising need for enhanced cybersecurity and the increasing risk of cyberattacks. Major industry players are incorporating advanced technologies to stay competitive, including Microsoft’s AI-powered cybersecurity assistant tool, Security Copilot.

Source: www.globenewswire.com –

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