How AI will transform the Cybersecurity Industry by 2025?

How AI will transform the Cybersecurity Industry by 2025?

How AI will transform the Cybersecurity Industry by 2025?

Artificial intelligence is one of the bright technology in present-day cybersecurity. Organizations need the latest AI-powered tools to identify risks and secure their systems and data resources. By 2025, AI in Cybersecurity will update the market in several ways.

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The UAE & Saudi Arabia Artificial Intelligence-based cybersecurity market was valued at USD 11.78 billion in 2019. It is projected to arrive at USD 28.36 billion in 2025, registering a Compound Annual Growth Rate (CAGR) of 20.4% from 2019 to 2025. UAE goals to increase its GDP by around 35% ($96 billion) by utilizing AI technologies. It will assist the country in reducing government spending by up to 50%, saving roughly $3 billion.

AI is a robust tool in transforming cyber security, with security devices evaluating information from many cybersecurity incidents and utilizing it to recognize the potential risk. Generally, traditional approaches are followed and can only identify known threats. However, AI enables the use of more independent systems that can learn autonomously without depending on people, thus growing the scope of threat discovery beyond what’s familiar to people. The global adoption of Artificial Intelligence (AI) is arising, and the AI penetration rate is speeding up for several cybersecurity applications. There are various benefits achieved by AI implementation in cyber security, and its ability to adjust to changes in identifying potential threats is advantageous for organizations.

The universally increasing IoT adoption and the various connected devices have simultaneously expanded the risk of cyberattacks. The increasing number of cybercrimes is moving AI into the cybersecurity industry. Some general cyber frauds big companies face are identity and payment card stealing, and these cybercrimes, when not settled on time, can prompt large financial losses. Cybersecurity providers are essentially using AI solutions to handle such cyberattacks by early threat identification, decreasing response time, and segregation according to need. Artificial intelligence (AI) in the cyber security industry is segmented based on offering, security, technology, security arrangement, and end-user. By offering the market involves hardware, software, and services. The security section is endpoint, network, cloud, and application security. The technology section is segmented into artificial intelligence (AI), context awareness, and natural language processing (NLP).

In 2017, the UAE Government first released its Artificial Intelligence Strategy, marking its government’s dependence on several future services, sectors, and framework projects using AI. With this leadership, UAE goals to be the world director in AI by 2031 and grow the use of AI across fields like education, energy, transportation, space, innovation, and so on. With COVID-19 becoming a new reality, global businesses should react proactively to cyber risks spiked since the pandemic. Thus, cyber resilience, which defines a sector or company’s ability to plan for, react to, and retrieve from cyberattacks, has become an absolute necessity instead of a simple option in the modern scenario.

Artificial Intelligence can protect the cybersecurity system of any organization and can secure them from cyber-attacks. It can identify and avoid attacks rapidly and efficiently and help companies better understand and secure their data. Throughout the preceding five years, Artificial Intelligence has developed and is broadly used in several industries. In 2025, Artificial Intelligence will be a crucial part of the cybersecurity business, and we will be at the cutting edge of this transformation.