Artificial Intelligence in Cybersecurity Market Share and Forecast to 2028 The global market for Al in Cybersecurity is projected to grow from USD 22.4 billion in 2023 to USD 60.6 billion by 2028, at a CAGR of 21.9% during the forecast period. The surge in artificial intelligence (AI) technologies like natural language processing (NLP) and machine learning (ML) is vital for enhancing cybersecurity. With an increase in cyberattacks on tech firms, defense, and government agencies, the demand for advanced AI solutions has grown. Cyber AI, particularly in behavioural biometrics, is crucial for proactive threat protection. ML algorithms are a top priority for industry players to strengthen security intelligence. The banking sector, facing rising privacy concerns, emphasizes the significance of AI-based cybersecurity. As cyber threats evolve, the market is expected to expand, especially driven by demand from small- and medium-sized enterprises (SMEs). Get a Sample PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=220634996

Operational Technology Security Market Size, Share and Forecast to 2029 The Operational Technology (OT) Security market is expected to grow from USD 20.7 billion in 2024, to USD 44.9 billion by 2029, at a compound annual growth rate (CAGR) of 16.8% during the forecast period, according to new research report by MarketsandMarkets™ Download PDF Sample: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=18524133 Top Companies in OT Security Fortinet (US), Forcepoint(US), Cisco(US), Tenable (US), Forescout (US), Checkpoint (Israel), Broadcom (US), Trellix (US), Microsoft (US), OKTA(US), Palo Alto Networks(US), Qualys (US), Zscaler (US), BeyondTrust (US), CyberArk (US), Rapid7 (US), Sophos (US), Tripwire (US), Radiflow (Israel), Kaspersky (Russia), SentinelOne (US), Thales (France), Armis (US), Darktrace(US), Nozomi networks (US), Honeywell (US), Schneider Electric(France), Siemens (Germany), ABB(Switzerland), Forcepoint(US) are the key players and other players in the Operational Technology Security market. The escalating reliance on Operational Technology (OT) in vital infrastructure underscores the urgency for robust security measures. Unlike Information Technology (IT), OT systems oversee real-time physical processes, rendering them vulnerable to disruptions and attacks. This overview primes a thorough examination of OT security, encompassing its definition, significance, and evolving threat landscape. It delves into critical concepts like attack vectors, threat actors, and security controls while tackling challenges such as system heterogeneity and limited security expertise. Moreover, it delineates prevailing and emerging OT security solutions, encompassing frameworks, products, services, and best practices. SIEM for OT, asset discovery and management, network security, vulnerability management, IAM, and data security are vital components tailored to address OT environments' evolving cyber threats, enhancing overall security posture. By offering the services segment to grow with the highest CAGR during the forecast period. The global OT security market, by service, has been segregated into consulting & integration, support & maintenance, training & development, incident response services, and managed security services. Various industries and business models are at risk of disruption due to rapid technological advancements, which introduce new business models and alter distribution channels and interactions. OT security services are crucial for integrating and managing solutions across business operations, offering comprehensive support to protect critical infrastructure from cyber threats. Increased virtualization and cloud computing adoption drive demand for these solutions globally. They also aid organizations in real-time analysis of dynamic network communication and managing relationships with suppliers, partners, and vendors. By Deployment mode, the cloud segment will grow at a higher CAGR during the forecast period. Cloud-based OT security solutions provide businesses with a cost-effective means to bolster their security measures, irrespective of industry. Offering easy access and implementation without extensive on-site setups, cloud deployment's flexibility, and scalability are desirable as more enterprises embrace virtualization and cloud computing. This shift reduces infrastructure costs and eliminates constant IT maintenance, making it especially appealing for small to medium-sized enterprises (SMEs) with limited budgets. Streamlining access control management in physical and virtual environments, these solutions ensure robust protection against cyber threats. As businesses increasingly migrate their IT operations to the cloud, the demand for cloud-based security solutions continues to surge, enabling companies to focus on core activities while entrusting IT security complexities to specialized cloud services, driving market expansion. Request for Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=18524133

Managed Detection and Response Market Share, Growth, Size | Industry Development And Forecast 2023-2030 The global Managed Detection and Response Market size is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period, according to a new report by MarketsandMarkets™. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment in in-house resources. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168039027 List of Key Players in Managed Detection and Response Market: CrowdStrike (US) Rapid7 (US) Red Canary (US) Arctic Wolf (US) Kudelski Security (Switzerland) SentinelOne (US) Proficio (US) Expel (US) Secureworks (US) Alert Logic (US) Trustwave (US) As cybercriminals employ more advanced tactics, such as artificial intelligence-driven attacks and deepfakes, organizations find it challenging to keep pace using traditional security measures. MDR services provide a crucial lifeline by offering advanced threat intelligence, continuous monitoring, and rapid incident response, all managed by specialized experts. This outsourced model enhances an organization's security posture and allows businesses to focus on their core operations without diverting resources to build and maintain an extensive cybersecurity infrastructure internally. The rising demand for such comprehensive, efficient, and cost-effective security solutions is a crucial factor propelling the growth of the MDR market. Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=168039027

Managed Detection Market Trends, Global Leading Players 2023, Business Overview, Revenue, Key Drivers 2030 The global MDR Market Size is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period, according to a new report by MarketsandMarkets™. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment in in-house resources. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168039027 MDR Market Dynamics: Drivers: Growing incidents of business email compromise, ransomware, and crypto-jacking threats. Addressing gap in cybersecurity skills and overwhelming alert volumes Government regulations and need for compliance to drive adoption of MDR services Technological proliferation and increasing penetration of IoT Restraints: Lack of trust in third-party applications. Cost of MDR services to be inhibitor for organizations False positives to hinder effectiveness of MDR services Opportunities: Introduction of ML/AI-powered MDR services. Increasing adoption of MDR across SMEs The benefits of scalability for MDR services List of Key Players in MDR Market: CrowdStrike (US) Rapid7 (US) Red Canary (US) Arctic Wolf (US) Kudelski Security (Switzerland) SentinelOne (US) Proficio (US) Expel (US) Secureworks (US) Alert Logic (US) Trustwave (US) Mandiant (US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=168039027

Cybersecurity Insurance Market 2023: - Size, Research Update, Future Scope, Revenue, Pricing Trends, Regional Outlook 2030 The global Cybersecurity Insurance Market size is projected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, at a CAGR of 11.4% during the forecast period., according to a new report by MarketsandMarkets™. The rise in cyber threats, such as data breaches, ransomware, and phishing attacks, has driven the demand for cybersecurity insurance as organizations seek financial protection against potential losses. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47709373 List of Leading Companies in Cybersecurity Insurance Market: BitSight (US) Prevalent (US) RedSeal (US) SecurityScorecard (US) Cyber Indemnity Solutions (Australia) Cisco (US) UpGuard (US) Microsoft (US) Check Point (US) AttackIQ (US) SentinelOne (US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=47709373

Zero Trust Security Market Size, Share, Trends, And Forecasted Growth For 2023-2030 Zero Trust Security Market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The expansion of the zero trust security market is propelled by the relentless evolution of cyber threats, necessitating advanced security measures. The surge in digital transformation and cloud adoption has also created a complex IT landscape, demanding robust security solutions. Moreover, rising regulatory compliance demands are compelling businesses to embrace zero trust security, enhancing overall cybersecurity resilience. Furthermore, the diminishing effectiveness of traditional perimeter security in the face of modern challenges is paving the way for the widespread adoption of zero trust security, further contributing to market growth. Download PDF Brochure and Unleash Full Potential: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2782835

Influencer Marketing Platform Market Size 2023: Global Industry Share, Revenue, Business Growth, Demand And Applications To 2030 Zero Trust Security Market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The expansion of the zero trust security market is propelled by the relentless evolution of cyber threats, necessitating advanced security measures. The surge in digital transformation and cloud adoption has also created a complex IT landscape, demanding robust security solutions. Moreover, rising regulatory compliance demands are compelling businesses to embrace zero trust security, enhancing overall cybersecurity resilience. Furthermore, the diminishing effectiveness of traditional perimeter security in the face of modern challenges is paving the way for the widespread adoption of zero trust security, further contributing to market growth. Download PDF Brochure and Unleash Full Potential: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2782835

Cybersecurity Insurance Market 2024: Global Trends, Type, Size, Application, Drivers And Trends By Forecast 2030 Cybersecurity Insurance Market is projected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, at a CAGR of 11.4% during the forecast period. The rise in cyber threats, such as data breaches, ransomware, and phishing attacks, has driven the demand for cybersecurity insurance as organizations seek financial protection against potential losses. Download PDF Brochure and Unleash Full Potential: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47709373 Based on insurance type, the standalone segment holds the largest market and highest CAGR during the forecast period. The demand for dedicated cybersecurity insurance policies and the need to mitigate the risks associated with "silent cyber" have led to the increasing popularity of standalone cybersecurity insurance policies. These standalone policies are projected to surpass packaged cybersecurity insurance policies regarding market growth. Organizations are increasingly concerned about cyber risks and seek specialized coverage solely for cyber risk protection, driving the demand for standalone cyber policies. Insurance providers such as AIG, Lloyd's, and Allianz are embracing affirmative cyber and witnessing the growth of standalone policies. These policies are designed to address more complex cyber risks compared to packaged cybersecurity insurance. For example, AIG offers its clients a comprehensive cybersecurity insurance package that includes traditional property and casualty policies and a standalone CyberEdge policy. The CyberEdge policy provides policyholders with a broader range of security protection than the packaged endorsement. Key players in the market offering standalone cybersecurity insurance solutions include AXA XL, AIG, Travelers Insurance, Beazley, Zurich, Fairfax, Tokio Marine, Liberty Mutual, and CNA.

Managed Detection and Response Market Emerging Trends, Application Scope, Status, Analysis And Forecast To 2030 The global Managed Detection and Response Market size is projected to grow from USD 3.3 billion in 2023 to USD 9.5 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. The growth of the MDR market is driven by factors such as increasing cyber threats like business email compromise, ransomware, and crypto-jacking, the shortage of cybersecurity skills and overwhelming alert volumes, government regulations and compliance requirements, and the proliferation of IoT devices which fuel the demand for MDR to address the associated security risks. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168039027 Managed Detection and Response Market Dynamics: Drivers: Growing incidents of business email compromise, ransomware, and crypto-jacking threats. Addressing gap in cybersecurity skills and overwhelming alert volumes Government regulations and need for compliance to drive adoption of MDR services Technological proliferation and increasing penetration of IoT Restraints: Lack of trust in third-party applications. Cost of MDR services to be inhibitor for organizations False positives to hinder effectiveness of MDR services Opportunities: Introduction of ML/AI-powered MDR services. Increasing adoption of MDR across SMEs The benefits of scalability for MDR services List of Key Players in Managed Detection and Response Market: CrowdStrike (US) Rapid7 (US) Red Canary (US) Arctic Wolf (US) Kudelski Security (Switzerland) SentinelOne (US) Proficio (US) Expel (US) Secureworks (US) Alert Logic (US) Trustwave (US) Mandiant (US) Binary Defense (US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=168039027

Cybersecurity Insurance Market Size, Share, Application Analysis, Regional Outlook, Competitive Strategies & Forecast Up To 2030 The global Cybersecurity Insurance Market size is projected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, at a CAGR of 11.4% during the forecast period., according to a new report by MarketsandMarkets™. The rise in cyber threats, such as data breaches, ransomware, and phishing attacks, has driven the demand for cybersecurity insurance as organizations seek financial protection against potential losses. Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=47709373 List of Leading Companies in Cybersecurity Insurance Market: BitSight (US) Prevalent (US) RedSeal (US) SecurityScorecard (US) Cyber Indemnity Solutions (Australia) Cisco (US) UpGuard (US) Microsoft (US) Check Point (US) AttackIQ (US) SentinelOne (US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=47709373 Based on insurance type, the standalone segment holds the largest market and highest CAGR during the forecast period. The demand for dedicated cybersecurity insurance policies and the need to mitigate the risks associated with "silent cyber" have led to the increasing popularity of standalone cybersecurity insurance policies. These standalone policies are projected to surpass packaged cybersecurity insurance policies regarding market growth. Organizations are increasingly concerned about cyber risks and seek specialized coverage solely for cyber risk protection, driving the demand for standalone cyber policies. Insurance providers such as AIG, Lloyd's, and Allianz are embracing affirmative cyber and witnessing the growth of standalone policies. These policies are designed to address more complex cyber risks compared to packaged cybersecurity insurance. For example, AIG offers its clients a comprehensive cybersecurity insurance package that includes traditional property and casualty policies and a standalone CyberEdge policy. The CyberEdge policy provides policyholders with a broader range of security protection than the packaged endorsement. Key players in the market offering standalone cybersecurity insurance solutions include AXA XL, AIG, Travelers Insurance, Beazley, Zurich, Fairfax, Tokio Marine, Liberty Mutual, and CNA.