Artificial Intelligence in security market worth $34.81B by 2025

According to the market research report on "Artificial Intelligence in Security Market by Offering (Hardware, Software, Service), Technology (Machine Learning, Context Awareness, NLP), Deployment Type, Security Type, Security Solution, End-User, and Geography – Global Forecast to 2025", published by MarketsandMarkets, the market is expected to be valued at USD 3.92 Billion in 2017 and is likely to reach USD 34.81 Billion by 2025, at a CAGR of 31.38% High usage of the Internet and the constant need for employees to be online are contributing to the growth of this market. Another major factor driving the demand for AI-based security solutions is the shortage of cybersecurity professionals. Using AI-based solutions for cybersecurity covers much of the need for cybersecurity professionals. Software holds a major share of the overall AI in security market owing to the developments in AI software and related software development kits.