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USD 35+ Bn Artificial Intelligence (AI) in Cybersecurity Market is Expected to Grow at a CAGR of over 23.10% During 2022-2028 | Vantage Market Research

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WASHINGTON, April 21, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Artificial Intelligence In Cybersecurity Market finds that the rising number of connected devices and rising IoT adoption, increasing cyber threat instances, rising data per concerns, and rising Wi-Fi networks vulnerability to security threats. Additionally, underlying opportunities for the Artificial Intelligence in Cybersecurity Market include rising need for cloud-centric security solutions among Small & Medium Enterprises and expanded social media use for business processes.

The total Global Artificial Intelligence in Cybersecurity Market is estimated to reach USD 35.43 Billion by the year 2028. The Market valued a revenue of USD 10.18 Billion in the year 2021, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 23.10%.

Market Dynamics:

Driver: Increase in the Prevalence and Cyber-Attacks Complexity

The increase in the complexity and occurrence of cyber-attacks is fuelling the cyber systems AI-enabled. Rising incidents of cyber-attacks across the globe have created awareness among associations for data security. The notion behind these cyber-criminals are; rivalry among political people, competitors move for financial profit and abusing reputation of people, radical religious group interest, and international data robbery. AI in cybersecurity make sure technological innovations security and critical infrastructure; consistently, enterprises are growing their budgets with respect to AI cybersecurity substantially, supporting business processes with cybersecurity agendas, and making programs related to cyber alertness for employees and customers.

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Key Insights & Findings from the Report:

  • According to our primary respondents’ research, the Artificial Intelligence in Cybersecurity market is predicted to grow at a CAGR of roughly 23.10% during the forecast period.
  • The Artificial Intelligence in Cybersecurity market was estimated to be worth roughly USD 10.18 Billion in 2021 and is expected to reach USD 35.43 Billion by 2028; based on primary research.
  • On the basis of region, North America is projected to dominate the worldwide Artificial Intelligence in Cybersecurity market.

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Segmentation of the Global Artificial Intelligence In Cybersecurity Market:

  • Offering
    • Hardware
    • Software
    • Service
  • Deployment type
    • Cloud
    • On- Premise
  • Security
    • Network Security
    • Endpoint Security
    • Application Security
    • Cloud Security
  • Technology
    • Machine Learning
    • Natural Language Processing
    • Context- Aware Computing
  • Application
    • Identity & Access Management
    • Risk & Compliance Management
    • Data Loss Prevention
    • Unified Threat Management
    • Security & Vulnerability Management
    • Antivirus/Antimalware
    • Fraud Detection/Anti-Fraud
    • Intrusion Detection/Prevention System
    • Threat Intelligence
    • Others
  • End User
    • BFSI
    • Retail
    • Government & Defense
    • Manufacturing
    • Infrastructure
    • Enterprise
    • Healthcare
    • Automotive & Transportation
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/artificial-intelligence-in-cybersecurity-market-1474

Opportunity: Rising AI-Centric Cybersecurity Solutions Adoption Among SMEs

The rising adoption of cybersecurity solutions which are AI-based especially, among SMEs creates growth opportunities for merchants in the Artificial Intelligence in Cybersecurity Market. The key advantages of implementing Artificial Intelligence in cybersecurity solutions include reliability, high performance, false-positive reduction, comprehensive vulnerability coverage, secure real-time applications, and zero process disruption. However, lack of knowledge and misconceptions regarding Artificial Intelligence in cybersecurity solutions and issues of vulnerability with IoT devices pose major challenges for the AI in cybersecurity solutions adoption, thereby hindering the market growth.

COVID-19 Impact Analysis:

The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the IT industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

  1. Impact Assessment of COVID-19 Pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin America
    5. Middle East & Africa
  2. Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
  3. Key Strategies Undertaken by Companies to Tackle COVID-19
  4. Long Term Dynamics
  5. Short Term Dynamics

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The report on Artificial Intelligence in Cybersecurity Market highlights:

  • Assessment of the market
  • Premium Insights
  • Competitive Landscape
  • COVID Impact Analysis
  • Historic Data, Estimates and Forecast
  • Company Profiles
  • Global and Regional Dynamics

Regional Analysis:

North America to Dominate the Global Artificial Intelligence In Cybersecurity Market

North America has dominated the Global Artificial Intelligence In Cybersecurity Market in 2021 and is likely to continue the same trend during the forecast period. The region is an early adopter of new and innovative technologies as government agencies, banks, and financial institutes in face ever-rising challenges with respect to cyber-attacks. Hence, to manage cybersecurity landscape, advanced technologies are implemented. Moreover, numerous cybersecurity merchants are established in this region, hence, contributing to the development of the Artificial Intelligence in Cybersecurity Market.

List of Prominent Players in the Artificial Intelligence In Cybersecurity Market:

  • NVIDIA Corporation (US)
  • Intel Corporation (US)
  • Xilinx Inc. (US)
  • Samsung Electronics Co. Ltd. (South Korea)
  • Micron Technology Inc. (US)
  • IBM Corporation (US)
  • Amazon Web Services Inc. (US)
  • Darktrace (UK)
  • Cylance Inc. (US)
  • Vectra AI Inc. (US)
  • Threat Metrix Inc. (US)
  • Securonix Inc. (US)
  • Sift Science (US)
  • Acalvio Technologies (US)
  • Spark Cognition Inc. (US)
  • Palo Alto Networks Inc. (US)
  • Symantec Corporation (US)

Browse market data Tables and Figures spread through 142 Pages and in-depth TOC on “Artificial Intelligence In Cybersecurity Market Size, Share & Trends Analysis Report by Offering (Hardware, Software, Service), by Deployment type (Cloud, On-Premise), by Security (Network Security, Endpoint Security, Application Security, Cloud Security), by Technology (Machine Learning, Natural Language Processing, Context-Aware Computing), by Application (Identity & Access Management, Risk & Compliance Management, Data Loss Prevention, Unified Threat Management), by End User (BFSI, Retail, Government & Defense, Manufacturing), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)” View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/artificial-intelligence-in-cybersecurity-market-048503

Recent Developments:

March, 2019: NVIDIA announced the Jetson Nano, an AI computer that makes it possible to create millions of intelligent systems. The small but powerful CUDA-X AI computer delivers 472 GFLOPS of compute performance for running modern AI workloads and is highly power-efficient, consuming as little as 5 watts.

Oct, 2018: Darktrace announced a partnership that combines Darktrace’s cyber-AI with Endace’s unparalleled forensic capabilities. This combined solution empowers organizations to discover in-progress attacks anywhere on the digital infrastructure with Darktrace’s AI, and investigate them with industry-leading speed, scale, and accuracy using Endace’s packet-level network history.

Key questions answered in the report:

  • Which regional market will show the highest and rapid growth?
  • Which are the top five players of the Artificial Intelligence in Cybersecurity Market?
  • How will the Artificial Intelligence in Cybersecurity Market change in the upcoming six years?
  • Which application and product will take a lion’s share of the Artificial Intelligence in Cybersecurity Market?
  • What is the Artificial Intelligence in Cybersecurity market drivers and restrictions?
  • What will be the CAGR and size of the Artificial Intelligence in Cybersecurity Market throughout the forecast period?          

This market titled “Artificial Intelligence in Cybersecurity Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered
  • Offering
    • Hardware
    • Software
    • Service
  • Deployment type
    • Cloud
    • On- Premise
  • Security
    • Network Security
    • Endpoint Security
    • Application Security
    • Cloud Security
  • Technology
    • Machine Learning
    • Natural Language Processing
    • Context- Aware Computing
  • Application
    • Identity & Access Management
    • Risk & Compliance Management
    • Data Loss Prevention
    • Unified Threat Management
    • Security & Vulnerability Management
    • Antivirus/Antimalware
    • Fraud Detection/Anti-Fraud
    • Intrusion Detection/Prevention System
    • Threat Intelligence
    • Others
  • End User
    • BFSI
    • Retail
    • Government & Defense
    • Manufacturing
    • Infrastructure
    • Enterprise
    • Healthcare
    • Automotive & Transportation
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
Region & Counties Covered
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K
    • France
    • Germany
    • Italy
    • Spain
    • Rest Of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South East Asia
    • Rest Of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest Of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest Of Middle East & Africa
Companies Covered
  • NVIDIA Corporation (US)
  • Intel Corporation (US)
  • Xilinx Inc. (US)
  • Samsung Electronics Co.
  • Ltd (South Korea)
  • Micron Technology, Inc. (US)
  • IBM Corporation (US)
  • Amazon Web Services, Inc. (US)
  • Darktrace (UK)
  • Cylance Inc. (US)
  • Vectra AI, Inc. (US)
  • Threat Metrix Inc. (US)
  • Securonix Inc. (US)
  • Sift Science (US)
  • Acalvio Technologies (US)
  • Spark Cognition Inc. (US)
  • Palo Alto Networks Inc. (US)
  • Symantec Corporation (US)
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

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Artificial Intelligence

Ancoris Recognised as Top Place to Work for Second Year Running by The Sunday Times

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Ancoris recognised for fostering a sense of empowerment and respect within the workplace91% of Ancoris employees feel empowered at work93% of employees say that are treated with respectLONDON, May 21, 2024 /PRNewswire/ — Ancoris, a UK-based Google Cloud services provider, has been named a Top Medium Business in The Sunday Times 2024 Best Places to Work list. The accolade has been awarded for the second year in a row, and recognises Ancoris’ focus on DEI; its commitment to empowerment, reward, and recognition; and its wellbeing policies and frameworks.

“I am so pleased to see Ancoris recognised, once again, as a top place to work!” says Andre Azevedo, Ancoris CEO. “Ancoris is a place where we try our best to foster collaboration, empowerment, innovation, and respect – so to have our employees echo this and respond in the way they have is amazing.”
The Sunday Times survey captured Ancoris employees’ responses in a number of categories: Reward and Recognition, Information Sharing, Empowerment, Wellbeing, Instilling Pride, and Job Satisfaction. The independently managed survey showed Ancoris scoring “excellent” across all six engagement categories, with top scores in Empowerment, Wellbeing, Reward & Recognition. In response, 93% of employees say they are treated with respect; 92% feel trusted and able to make decisions; and 91% of employees feel empowered at work.
“We’ve seen a lot of change over the last 12 months. The rise of Generative AI has caused shifts in our market and  economic conditions are causing customers to really qualify where they make technology investments. These pivots undoubtedly have an impact on our employees and how people feel at work,” Azevedo continues. “I truly believe, however, the innovative work we are doing for our customers has helped us maintain and create an even stronger sense of collaboration and pride for our team members. We’re lucky to have so many smart people within our business, so continuing to give them interesting, challenging, and rewarding problems to solve for our customers is really key.”
About AncorisAncoris is a leading Google Cloud Services Provider, headquartered in the UK, on a mission to become the most innovative Google Cloud partner in the ecosystem. Ancoris leverages its strong problem solving skills and continuous improvement approach to help customers become AI Native and stay ahead of their competition. Ancoris has extensive experience in Google Cloud technologies helping enterprises integrate AI-native solutions into their business through expertise in Data & AI, Application and Infrastructure Modernisation, Workspace, and Maps. Ancoris was recognized as a Rising Star for Data, Analytics, and Machine Learning in the ISG Provider™ Lens for Google Cloud Partner Ecosystem in 2022 and 2023 consecutively, and awarded Google Cloud’s 2024 EMEA Public Sector Partner of the Year award. Ancoris employs the best in the business and was named in the Top 10 Sunday Times Best Places to Work 2023, and a Top Place to Work in 2024.
Contact: Holly [email protected]
Photo – https://mma.prnewswire.com/media/2417995/Ancoris_Sunday_Times.jpgLogo – https://mma.prnewswire.com/media/2099949/4717512/Ancoris_Logo.jpg

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Department of Health – Abu Dhabi Partners with Roche Pharmaceuticals Middle East to Elevate Research, Clinical Trials, and Real-World Data

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ABU DHABI, UAE, May 21, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Roche Pharmaceuticals Middle East during Abu Dhabi Global Healthcare Week (ADGHW). Under the MoU, the two entities will advance critical research using real-world data to study and assess the spinal muscular atrophy burden in Abu Dhabi, as well as assessing potential conduction of research and the facilitation of real-world data collection to monitor Duchenne Muscular Dystrophy (DMD) disease.

 
 
In the presence of Dr. Rashed Alsuwaidi, the Executive Director of the Healthcare Workforce Planning Sector at DoH and Michael Oberreiter, Head of Global Access at Roche Pharmaceuticals, the MoU was signed by Dr. Asma Al Mannaei, the Executive Director of the Research and Innovation Centre at DoH and Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE.
Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Center at the at DoH said: “Abu Dhabi has a track record of excellence and fast-growing, future-forward, data-enabled services. Serving as a hub for healthcare data, Abu Dhabi’s substantial computing power enables it to harness the potential within this data, transforming it into valuable information. This, in turn, allows us to innovate and develop novel approaches to shift healthcare towards prediction, prevention, and treatment, thereby accelerating the future of healthcare, not only for Abu Dhabi but for the global community. Through international collaborations, Abu Dhabi seeks to lead research groups supported by global partners to explore the resilience and sustainability of the healthcare sector worldwide as well as expand access to quality care for patients around the world.”
The two entities will work together to support the evolution of real-world data collection frameworks in Abu Dhabi. Enhancing DoH’s ability to track and monitor outcomes of therapies will support DoH in making informed clinical and policy decisions for better optimisation of patient outcomes. Furthermore, DoH and Roche will strengthen the research network across Abu Dhabi and improve accrual for potential clinical trials.
Mohamed Elshaarawy, General Manager Roche Pharmaceuticals, UAE said: “This MoU underscores our collaboration with the DoH which is fuelled by a shared vision of harnessing the power of data to drive informed decision-making within the healthcare system. Data-driven healthcare systems hold immense potential to revolutionise patient care and outcomes. Through the generation, utilisation, and realisation of data, healthcare professionals and policymakers can unlock valuable insights, identify trends, and make evidence-based decisions. This data-driven approach enables us to optimise resource allocation, personalise treatment approaches, and ultimately achieve better patient outcomes. By harnessing the full potential of data, we can improve the overall efficiency and effectiveness of the healthcare system, ensuring that every patient receives the highest quality of care tailored to their specific needs. We are sincerely grateful for the trust, confidence, and empowerment the DoH has placed in establishing this effective public-private partnership with Roche in the UAE.”
Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, ADGHW is a major government initiative by the DoH, which took place from the 13th -15th May 2024.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
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Biopharma Leaders Shape the Future of Drug Development at Veeva R&D and Quality Summit Europe

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Ascendis, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva to keynote sharing innovations to drive better patient outcomes
BARCELONA, Spain, May 21, 2024 /PRNewswire/ — Veeva Systems (NYSE: VEEV) today announced that leaders from Ascendis Pharma A/S, Bayer, Boehringer Ingelheim, Jazz Pharmaceuticals, Novo Nordisk, Sanofi, and Teva will be keynote speakers at Veeva R&D and Quality Summit, Europe, June 4-5 in Madrid, Spain. Life sciences professionals across the industry will come together to share how connected technologies across clinical, regulatory, safety, and quality are advancing innovations for patients.

As one of the largest gatherings of biopharma leaders in Europe, Veeva R&D and Quality Summit will bring together over 1,000 industry professionals to share learnings across more than 100 sessions. Bayer and Jazz Pharmaceuticals will join Rik Van Mol, senior vice president of Veeva Development Cloud, and Avril England, general manager of Veeva Vault, for the opening keynote to explore the future of development for new medicines and therapies.
The event’s zone keynotes include:
Ascendis and Bayer, sharing strategies to reduce costs and accelerate trials with a connected platform.Boehringer Ingelheim, detailing its shift toward data-centric regulatory information management.Novo Nordisk, showing how it uses data and AI to transform clinical research.Sanofi, explaining its innovative approach to advance quality through operational excellence.Teva, providing insight into its rapid journey from disparate safety systems into one streamlined global solution.A panel with Elpida Therapeutics CEO Terry Pirovolakis and Veeva experts will close the event with a discussion on how the industry can best accelerate the development of life-saving rare disease gene therapies.
“Connecting clinical, regulatory, safety, and quality is key to advancing the product lifecycle and delivering better outcomes for patients,” says Rik Van Mol, senior vice president of Veeva Development Cloud. “At Veeva R&D and Quality Summit, biopharma leaders can connect, exchange ideas, and share new strategies to advance the industry forward together.”
Veeva R&D and Quality Summit is open exclusively to life sciences professionals. Register and review the agenda at veeva.com/eu/Summit.
Additional InformationConnect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
About Veeva SystemsVeeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com/eu.
Veeva Forward-looking StatementsThis release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-K for the fiscal year ended January 31, 2024, which you can find here (a summary of risks which may impact our business can be found on pages 9 and 10), and in our subsequent SEC filings, which you can access at sec.gov.
Contact:
Jeremy WhittakerVeeva [email protected]
Logo – https://mma.prnewswire.com/media/1488285/Veeva_Systems_Logo.jpg 

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