Adroit Market Research - Industry Insights

AI has been witnessing pervasive inclusion across industrial verticals to facilitate seamless workflow management. Security and surveillance have emerged as one of the primary adopters of AI practices. The global security in AI market continues to be one of the fastest growing sectors and is dotted with veterans and new entrants paving substantial disruption in global AI in security market.

New players are increasingly coming up with their path breaking AI based security solutions to enhance consumer experience. Real time monitoring has attained great strides with the

AI has been witnessing pervasive inclusion across industrial verticals to facilitate seamless workflow management. Security and surveillance have emerged as one of the primary adopters of AI practices. The global security in AI market continues to be one of the fastest growing sectors and is dotted with veterans and new entrants paving substantial disruption in global AI in security market.

New players are increasingly coming up with their path breaking AI based security solutions to enhance consumer experience. Real time monitoring has attained great strides with the onset of AI, as opposed to yesteryear surveillance system that maneuvered AI integration as and when incidents occurred. However, with AI in place, security and surveillance enabled real time monitoring and analysis of the video as means of predictive intelligence to fortify defense skills.

Additionally, CCTV monitoring is subject to human errors depending on the skill set of the personnel, thus living ample room for human errors. Need to offset such bottlenecks has propelled adoption of AI based security to optimally detect and manage possible threats. Additional features such as face and object detection capabilities are also built -in to support accurate verification and identification. Further, AI also enables timely assessment of voluminous data to enable security alerts and notifications for enhanced security potential. Factors as such are likely to incur long term growth in global AI in security market.

AI in Security is Aimed at Curbing Instances of Cyber Threats across Digital Ecosystem

Documentation and auditing are considered repetitive and tedious and hence opting for AI and machine learning capabilities to automate security services are fueling growth in global AI in security market. AI is winning rapid inclusion across enterprises vouching for a consolidated adoption rate to propel autonomous driving in various spheres such that international stakeholders as well as lucrative business funding are gaining steadfast adoption. AI in research is a compilation of fast paced intelligent elements that leads to large scale adoption of AI to limit instances of cyber-attacks favoring instantaneous digital ecosystem. Advanced features such as facial recognition and biometric solutions continue to drive maximum inclusion, thus bolstering incremental growth and steady investment returns in global AI in security market.

Avast Improved its AI Capabilities to Downturn Phishing Risks, Invests in Team Expansion Strategies

On the back of ongoing strides in making AI inclusive in security, several high end gatherings, exhibitions, and R&D ventures are gaining prominence in recent years. A similar exhibition has recently been conducted at Digital Life Design (DLD) Conference where IT veterans emphasized the need for prompt adoption of AI in security market. Market strategies such as team expansion remains core besides portfolio extensions. In this light, cybersecurity expert Avast has recently affirmed the joining of Michael P?chou?ek as the new CTO, envisioned to improve AI and machine learning capabilities of the company. With compounded risks of cyber threats, adoption of improved AI and machine learning remain innately crucial. The newest CTO is renowned for his excellence in AI and is the proud founder of AI center in Czetch Technical University which he began almost two decades back. Inclusion of academia is anticipated to further enhance Avast's excellence in AI in security market in the near future.

Other notable advances of Avast in AI in security market is characterized by its initial release of its proprietary AI based security software to render phishing and privacy protection besides also necessitating minimal interruptions during the full screen mode. The latest version enables AI based early detection of phishing websites by evaluating aspects such as URL detection and the like. Other additional features such as Do Not Disturb Mode includes alerts and notifications across applications such as email, chat, browser and the like. Do Not Disturb is a vital feature in gaming wherein the risk malicious activities is the highest. Other feature enhancements such as sensitive data protection and smart scan system further improve capabilities and growth prospects in global artificial intelligence (AI) in security market.

Cyber Security Breaches Survey Affirms Invasive Threat to Enterprise Data, Affirms 32% Rise in Attacks

One of the most versatile use cases of AI in security market is biometric system. Advances such as fingerprint scanning, retina and palm print records besides password protection used in smart devices are creating inroads for maximum inclusion of AI in security market. Additionally, the plight of security breaches in enterprises is immense. Corporate houses continuously fall prey to breaches and compromised security besides high chances of personal data theft comprising credit card data and other personal information.

According to latest reports from Dept. for digital culture, media and sport Cyber Security Breaches Survey 2019, Cyber attacks are extremely pervasive and undetectable, affecting businesses and individual documentation alike. The report affirms 32% of businesses have witnessed cyber security gaps in the last one year, amongst which 60% comprises medium businesses and 61% comprises large organizations and high value charities.

Business collaborations and strategies partnerships remain the norm in AI in security market. In a recent development, BlackBerry Ltd. has recently paired with AWS to support connected services core to in car operations. BlackBerry's real time OS is integrated with AWS IoT platform in a bid to equip automotive manufacturers with accessible vehicle data sensors. The development is expected to leverage seamless automotive functionalities such as ADAS, vehicle health monitoring and acoustic conditioning amongst others. Developments as such are expected to unravel new growth opportunities in global AI in security market in forthcoming years. Further in AI in security market, veteran Fortinet which is best known for its expert automated cybersecurity solutions has joined forces with BMW to further promote high performance solutions for AI based security and networking solutions.