AI and Machine Learning to Drive Big Data Revenues

Cyber threats are an ever-present danger to global economies and are projected to surpass the trillion dollar mark in damages within the next year. As a result, the cybersecurity industry is investing heavily in machine learning in hopes of providing a more dynamic deterrent. ABI Research forecasts machine learning in cybersecurity will boost big data, intelligence, and analytics spending to $96 billion by 2021. ABI Research finds the government and defense, banking, and technology market sectors to be the primary drivers and adopters of machine learning technologies. User and Entity Behavioral Analytics (UEBA) along with Deep Learning algorithm designs are emerging as the two most prominent technologies in cybersecurity offerings, especially in innovative hot tech startups.