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Artificial Intelligence in Cyber Security Market Report
2019-2029
Forecasts by Component (Hardware, Software, Services), by Deployment Type (On-premise, Cloud, Hybrid), by Security Type (Endpoint
Security, Network Security, Application Security, Cloud Security), by Technology (Machine Learning, Natural Language Processing,
Context Awareness Computing), by Application (Antivirus/Antimalware, Identity and Access Management (IAM), Risk and Compliance
Management, Intrusion Detection/Prevention Systems, Encryption, Unified Threat Management (UTM), Data Loss Prevention (DLP),
Others), by Industry (Enterprise, BFSI, Government & Defence, Retail, Healthcare, Manufacturing, Automotive & Transportation, Others)
Plus Leading Company Analysis and Regional and Leading National Market Analysis

2. www.visiongain.com/cyber/ Page 93
Artificial Intelligence in Cyber Security Market Report 2019-2029
Forecasts by Component (Hardware, Software, Services), by Deployment Type (On-premise, Cloud, Hybrid), by Security
Type (Endpoint Security, Network Security, Application Security, Cloud Security), by Technology (Machine Learning,
Natural Language Processing, Context Awareness Computing), by Application (Antivirus/Antimalware, Identity and
Access Management (IAM), Risk and Compliance Management, Intrusion Detection/Prevention Systems, Encryption,
Unified Threat Management (UTM), Data Loss Prevention (DLP), Others), by Industry (Enterprise, BFSI, Government &
Defence, Retail, Healthcare, Manufacturing, Automotive & Transportation, Others) Plus Leading Company Analysis and
Regional and Leading National Market Analysis
6.5 North America Artificial Intelligence in Cyber Security
Market Analysis by Application 2019-2029
On the basis of application, the North America artificial intelligence in cyber security market is
segmented into Antivirus/Antimalware, Identity and Access Management (IAM), Risk and
Compliance Management, Intrusion Detection/Prevention Systems, Encryption, Unified Threat
Management (UTM), Data Loss Prevention (DLP), and Others. Among these, the
Antivirus/Antimalware is expected to dominate the market with a market share of around 20% in the
year 2018. The Antivirus/Antimalware segment accounted for US$ 0.29 Bn in 2018 and is expected
to expand at a CAGR of 20.4% during the forecast period to reach US$ 2.15 Bn in 2029. The Identity
and Access Management (IAM) segment accounted for US$ 0.23 Bn in 2018 and is expected to
expand at a CAGR of 22.1% during the forecast period to reach US$ 2.03 Bn in 2029.
Table 6.6 North America Artificial Intelligence in Cyber Security Market
Forecast by Application 2019- 2029 (US$ Bn, AGR%, Cumulative)
Application
($bn)
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2019-29
Antivirus/Antim
alware
0.29 0.34 0.40 0.47 0.56 0.68 0.82 0.99 1.20 1.45 1.77 2.15 10.83
AGR (%) 17.6% 18.2% 18.8% 19.4% 20.0% 20.7% 21.0% 21.3% 21.5% 21.8% 21.6%
Identity and
Access
Management
(IAM)
0.23 0.28 0.33 0.40 0.48 0.59 0.72 0.88 1.08 1.34 1.65 2.03 9.78
AGR (%) 19.3% 19.9% 20.5% 21.1% 21.7% 22.4% 22.7% 22.9% 23.2% 23.5% 23.3%
Risk and
Compliance
Management
0.20 0.24 0.28 0.34 0.41 0.49 0.59 0.72 0.87 1.06 1.30 1.58 7.87
AGR (%) 17.9% 18.5% 19.1% 19.7% 20.3% 21.0% 21.3% 21.5% 21.8% 22.1% 21.9%
Intrusion
Detection/Preve
ntion Systems
0.19 0.23 0.28 0.33 0.40 0.49 0.60 0.74 0.91 1.12 1.38 1.70 8.17
AGR (%) 19.3% 19.9% 20.5% 21.1% 21.7% 22.4% 22.7% 22.9% 23.2% 23.5% 23.3%
Encryption 0.15 0.18 0.21 0.24 0.29 0.35 0.42 0.51 0.61 0.74 0.90 1.09 5.53
AGR (%) 17.3% 17.9% 18.4% 19.0% 19.6% 20.3% 20.6% 20.8% 21.1% 21.4% 21.2%
Unified Threat
Management
(UTM)
0.12 0.15 0.17 0.21 0.25 0.31 0.37 0.45 0.55 0.68 0.83 1.02 5.01
AGR (%) 18.6% 19.2% 19.8% 20.4% 21.0% 21.7% 22.0% 22.3% 22.5% 22.9% 22.7%
Data Loss
Prevention
(DLP)
0.11 0.13 0.15 0.18 0.22 0.26 0.32 0.39 0.48 0.59 0.72 0.88 4.32
AGR (%) 18.5% 19.1% 19.7% 20.3% 21.0% 21.6% 21.9% 22.2% 22.5% 22.8% 22.6%
Others 0.07 0.08 0.09 0.10 0.12 0.15 0.17 0.21 0.25 0.30 0.36 0.43 2.26
AGR (%) 16.4% 16.9% 17.5% 18.0% 18.6% 19.2% 19.5% 19.7% 19.9% 20.2% 20.0%
Total 1.36 1.61 1.91 2.28 2.74 3.31 4.01 4.88 5.95 7.27 8.91 10.89 53.77
AGR (%) 18.3% 18.8% 19.4% 20.1% 20.7% 21.3% 21.7% 21.9% 22.2% 22.5% 22.3%
Source: Visiongain 2019

3. www.visiongain.com/cyber/ Page 204
Artificial Intelligence in Cyber Security Market Report 2019-2029
Forecasts by Component (Hardware, Software, Services), by Deployment Type (On-premise, Cloud, Hybrid), by Security
Type (Endpoint Security, Network Security, Application Security, Cloud Security), by Technology (Machine Learning,
Natural Language Processing, Context Awareness Computing), by Application (Antivirus/Antimalware, Identity and
Access Management (IAM), Risk and Compliance Management, Intrusion Detection/Prevention Systems, Encryption,
Unified Threat Management (UTM), Data Loss Prevention (DLP), Others), by Industry (Enterprise, BFSI, Government &
Defence, Retail, Healthcare, Manufacturing, Automotive & Transportation, Others) Plus Leading Company Analysis and
Regional and Leading National Market Analysis
Figure 10.31 Argentina Artificial Intelligence in Cyber Security Market
Forecast 2019-2029 ($bn, AGR %)
Source: Visiongain 2019
10.7.3 Rest of South America Artificial Intelligence in Cyber Security
Market Forecast 2019-2029
Rest of South America includes Venezuela, Peru, Colombia, Chile, and Ecuador among others. The
increase in the adoption of cloud-based services as one of the major factors driving market growth.
Enterprises are adopting cloud-based services for several applications such as authentication
processes, video management, biometric information storage, and big data computing. Cloud-based
solutions cater to the varying need of customers owing to their flexibility and scalability in services.
Industries such as financial services industry, healthcare industry, and investigation firms, generate
huge volumes of data that is stored on a cloud platform.
Table 10.11 Rest of South America Artificial Intelligence in Cyber Security
Market Forecast 2019-2029 ($bn, AGR %, CAGR %, Cumulative)
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2019-29
Revenue
($Bn)
0.08 0.10 0.12 0.14 0.17 0.20 0.25 0.30 0.37 0.46 0.56 0.69 3.36
AGR % 18.6% 19.2% 19.8% 20.4% 21.1% 21.8% 22.1% 22.4% 22.7% 23.0% 22.8%
CAGR 2019-24 (%) 20.5%
2024-
29
22.6%
CAGR 2019-29 (%) 21.5%
Source: Visiongain 2019
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
0.00
0.10
0.20
0.30
0.40
0.50
0.60
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
AGR(%)
Revenue(US$b)
Argentina AGR(%)

4. www.visiongain.com/cyber/ Page 211
Artificial Intelligence in Cyber Security Market Report 2019-2029
Forecasts by Component (Hardware, Software, Services), by Deployment Type (On-premise, Cloud, Hybrid), by Security
Type (Endpoint Security, Network Security, Application Security, Cloud Security), by Technology (Machine Learning,
Natural Language Processing, Context Awareness Computing), by Application (Antivirus/Antimalware, Identity and
Access Management (IAM), Risk and Compliance Management, Intrusion Detection/Prevention Systems, Encryption,
Unified Threat Management (UTM), Data Loss Prevention (DLP), Others), by Industry (Enterprise, BFSI, Government &
Defence, Retail, Healthcare, Manufacturing, Automotive & Transportation, Others) Plus Leading Company Analysis and
Regional and Leading National Market Analysis
12. Leading Companies in the AI in Cyber
Security Market
12.1 BAE Systems Plc
Table 12.1 BAE Systems Plc Company Profile 2019 (Founded, HQ, Tel, Key
Exec., Emp., Website)
Founded 1997
Key Executive
(July 2017)
CEO: Charles Woodburn
Headquarter
Farnborough, United
Kingdom
Employees 83,200
Telephone 44 0 12 52 37 3232 Website www.baesystems.com
12.1.1 BAE Systems Plc Overview
BAE Systems Plc along with its subsidiaries offers commercial and defence electronics, and real-
time intelligence and analysis services. The company operates in over 40 countries globally, in air,
maritime, and land domains. The major country of BAE operation includes the U.S., the U.K., Saudi
Arabia, and Australia. BAE Systems has a diverse portfolio of products, broadly balanced between
services and support business, long-term platform and product programmes, electronic systems,
and activities in cyber and intelligence. The company operates through the following reporting
segments:
• Electronic Systems
• Cyber & Intelligence
• Platforms & Services (U.S.)
• Platforms & Services (U.K.)
• Platforms & Services (International)
The key strategies of the company include the following:
• Maintain and grow its defence businesses
• Continue to grow its business in adjacent markets
• Develop and expand its international business
• Inspire and develop a diverse workforce to drive success
Source: Visiongain 2019