Lucintel's latest market report analyzed that artificial intelligence in the global security provides attractive opportunities in the BFSI, retail, government & defense, manufacturing, infrastructure, enterprise, healthcare, and automotive & transportation industries. The artificial intelligence in the global security market is expected to reach $8.0 billion by 2028 with a CAGR of 21.7%. In this market, on-premise is the largest segment by deployment, whereas BFSI is largest by end use industry.
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Based on deployment, the artificial intelligence in the global security market is segmented into on-premise and cloud. The on-premise segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing concerns towards the expansion of the internal systems and increasing demand for advanced security deployment software among various industries.
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The Artificial Intelligence in the Global Security Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence in the global security include Acalvio Technologies, Amazon.Com, Cylance, Darktrace Limited, IBM Corporation, Intel Corporation, Micron Technology, Nvidia Corporation, Samsung Electronics Co., and Securonix.
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