Artificial intelligence is changing the game for cybersecurity across several industries by providing cutting-edge security technologies that analyze massive quantities of data. AI technology uses its ability to improve network security over time. Today, several organizations are increasingly implementing AI-powered intelligent security solutions & services to understand and reuse threat patterns to identify new coercions. AI technology provides wider security solutions and simplifies complete recognition and acknowledgment procedures related to cyberattacks. Thus, there is a growing demand for AI-based solutions in the end-use industry for cybersecurity.

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London, Dec. 10, 2019 (GLOBE NEWSWIRE) -- According to a new market research report "Artificial Intelligence in Supply Chain Market by Component (Platforms, Solutions), Technology (Machine Learning, Computer Vision, Natural Language Processing), Application (Warehouse, Fleet, Inventory Management), & End User - Global Forecast to 2027", published by Meticulous Research, the AI in Supply Chain Market is expected to grow at a CAGR of 39.4% from 2019 to reach $21.8 billion by 2027. Today supply chain networks are becoming more and more complex owing to progressive globalization. Various well-established supply chain organizations across the globe are increasingly struggling with rising cost of operations, dissatisfied customers, declining sales, and unidentified competition. Therefore, the adoption of artificial intelligence technologies in supply chain operations is on the rise in order to create new opportunities & enhance operational capabilities by leveraging new possibilities, fastening processes, and making organizations adaptable to changes in the future. Realizing the fact, various end-use industries are investing heavily in order to reap the profits in highly dynamic and competitive market environments.

Geographically, the global artificial intelligence in retail market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The global AI in retail market is analyzed methodically with respect to major countries in each of the regions with the help of bottom-up approach to arrive at the most precise market estimation. At present, North America holds a dominating position in the global AI in retail market. The region has high technology adoption rate, presence of key players & start-ups, and high penetration of internet. Consequently, North America is expected to retain its dominance throughout the forecast period.