AI in security market to grow 31.38% by 2025

The AI in security market is expected to be valued at U.S.D 3.92 billion in 2017 and is likely to reach U.S.D 34.81 billion by 2025, at a CAGR of 31.38 percent during the forecast period. Factors such as the increasing U.S.e of the Internet and constant need for employees to be online are contributing to the growth of the market. Another major factor boosting the demand for AI-based security solutions is the shortage of cybersecurity professionals. The U.S.e of AI-based solutions for cybersecurity can mitigate the need for cybersecurity professionals. The inability of AI to stop zero-day and advanced threats, and limited security budgets of companies are the two major factors restraining the growth of the AI in security market.