Dublin, October 22, 2024 (GLOBE NEWSWIRE) — The “Asia Pacific AI Cybersecurity Market, By Country, Competition, Forecast and Opportunities, 2019-2029F” the report has been added to ResearchAndMarkets.com offer.
The Asia Pacific cybersecurity AI market was valued at $154.98 billion in 2023 and is expected to reach $372.98 billion by 2029, at a CAGR of 15.59%.
The Asia Pacific artificial intelligence in cybersecurity market represents the integration of artificial intelligence technologies into cybersecurity solutions to improve detection, prevention and response to cyber threats. This market encompasses various AI-based tools and systems, such as machine learning algorithms, natural language processing, and behavioral analytics, designed to address the complex and evolving nature of cyber threats.
The market is expected to grow significantly due to several key factors. First, the increasing frequency and sophistication of cyberattacks, including ransomware, phishing, and advanced persistent threats, is pushing organizations to adopt more advanced and proactive security measures.
Traditional cybersecurity solutions often struggle to keep pace with these evolving threats, leading to growing demand for AI-based solutions that can deliver real-time threat detection, automated responses, and analytics. predictive. Second, rapid digital transformation across all sectors in the Asia-Pacific region, driven by the proliferation of cloud computing, the Internet of Things and mobile devices, is expanding the attack surface and creating new vulnerabilities. As businesses and governments increasingly rely on digital infrastructure, the need for robust and adaptive cybersecurity measures becomes more critical.
Additionally, the region’s expanding economies and increased regulatory pressures are driving organizations to invest in AI-based cybersecurity solutions to ensure compliance and protect sensitive data. The development of advanced AI technologies and increasing investments in cybersecurity research are also contributing to the market growth. As organizations recognize the importance of staying ahead of cyber threats, the adoption of AI in cybersecurity is expected to accelerate, with AI technologies offering enhanced capabilities to detect anomalies, respond to incidents and effectively mitigate risks.
This convergence of growing cyber threats, digital expansion, regulatory requirements, and technological advancements positions the Asia Pacific artificial intelligence in cybersecurity market for significant growth in the years to come.
Technology Insights
In 2023, the Asia Pacific artificial intelligence in cybersecurity market was primarily driven by the use of machine learning technologies and is expected to maintain its dominance throughout the forecast period. Machine learning, a subset of artificial intelligence that allows systems to learn and improve from experience without explicit programming, has become the leading technology in the market due to its strong capabilities threat detection and response. Machine learning algorithms are particularly effective at analyzing large amounts of data to identify patterns and anomalies that may indicate potential security vulnerabilities.
This capability is crucial in the context of rapidly evolving cyber threats, where traditional methods often fail. By continually learning new data, machine learning models can adapt to emerging threats and improve their accuracy over time. This adaptability and precision makes Machine Learning the preferred choice for organizations seeking advanced cybersecurity solutions.
Machine learning’s dominance is further enhanced by its scalability and ability to integrate with other technologies, such as deep learning and behavioral analytics, to improve overall security measures. While other technologies such as natural language processing and deep learning are also contributing to the market, machine learning remains the cornerstone due to its proven effectiveness and widespread adoption to address complex cybersecurity challenges. Continued advancements in machine learning technology and its alignment with the growing demand for intelligent and adaptive security solutions will likely maintain its leading position in the Asia Pacific cybersecurity artificial intelligence market.
Regional overviews
In 2023, China has emerged as the dominant region in the Asia Pacific cybersecurity artificial intelligence market and is expected to maintain its leadership throughout the forecast period. China’s importance in this market is attributed to its substantial investments in technology and innovation, coupled with a rapidly growing digital economy that requires advanced cybersecurity measures. The country’s vast industrial base, including large technology companies and a booming e-commerce sector, is generating significant demand for sophisticated artificial intelligence solutions to guard against increasingly sophisticated cyber threats.
Additionally, the Chinese government has made cybersecurity a priority strategic objective, which has led to substantial funding and support for artificial intelligence initiatives. This government support, combined with the presence of numerous technology providers and research institutes in China, further strengthens the region’s position in the market. The increasing adoption of digital technologies, such as cloud computing and Internet of Things, across various sectors in China is also contributing to the high demand for advanced AI-based cybersecurity solutions.
While other regions, including Japan, India and South Korea, are also showing significant growth in artificial intelligence in the cybersecurity sector, China’s overall approach to technological development, the large size of its market and its proactive stance on cybersecurity make it the main strength in the Asia-Pacific region. Artificial intelligence in the cybersecurity market. The continued expansion of digital infrastructure and increasing cyber threat landscape in China is expected to maintain its dominant market position in the future.
Key attributes:
Report attribute | Details |
Number of pages | 138 |
Forecast period | 2023 – 2029 |
Estimated market value (USD) in 2023 | $154.98 billion |
Projected Market Value (USD) by 2029 | $372.98 billion |
Compound annual growth rate | 15.5% |
Regions covered | Asia-Pacific |
Scope of the report:
Key AI Cybersecurity Players in Asia Pacific Walk
- Palo Alto Networks, Inc.
- CrowdStrike Inc.
- Darktrace Holdings Limited
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- International Office Machinery Society.
- Cisco Systems, Inc.
- Sophos SA
- McAfee, LLC
- Trend Micro Incorporated
Asia Pacific AI in Cybersecurity Market, By Technology:
- Machine learning
- Natural language processing
- Deep learning
- Behavioral analysis
- Others
Asia Pacific AI in Cybersecurity Market, By Application:
- Threat detection and response
- Risk and compliance management
- Identity and access management
- Security information and event management
- Network Security
- Endpoint Security
- Others
Asia Pacific AI in Cybersecurity Market, by End User:
- Banking, Financial Services and Insurance
- Computer science
- Health care
- Government
- Retail
- Energy and Utilities
- Manufacturing
- Others
Asia Pacific AI in Cybersecurity Market, By Country:
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- Thailand
- Malaysia
For more information on this report, visit https://www.researchandmarkets.com/r/r5ierx
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