Market Share of AI In Security Industry
Artificial intelligence in the security market is highly competitive and fragmented as many new companies are developing innovative technologies due to the rise in cyber attacks over the years. Artificial intelligence (AI) is a rapidly growing field of technology that is capturing the attention of commercial investors, defense intellectuals, policymakers, and international competitors. This is making this market more competitive. A few of the market players include IBM Corporation and Cisco Systems Inc.
- November 2023: Commvault announced its all-inclusive Commvault Cloud software infrastructure and established numerous security supplier arrangements to offer comprehensive cyber security, resilience, and data intelligence proficiencies. The company believes in setting up partnerships with cyber security, artificial intelligence (AI), and cloud suppliers to offer joint customers more choices to protect, detect, and answer possible threats and attacks while enlightening data visibility and ascendency.
- November 2023: Rubrik, a US-based company working in the data security sector, launched Ruby. It is a generative AI extension designed for Rubrik Security Cloud as well, and it is projected to speed up cyber hazard detection retrieval and resilience.
AI In Security Market Leaders
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IBM Corporation
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Fortinet, Inc
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Tech Mahindra Limited
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Cisco Systems Inc.
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Micron Technology, Inc
*Disclaimer: Major Players sorted in no particular order
