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Uninterruptible Power Supply (UPS) Market to Hit US$ 17,947.28 Million By 2030 | New Report

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New York, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to the research report “Global Uninterruptible Power Supply (UPS) Market” published by Consegic Business Intelligence, the market was sized at USD 10,529.07 million in 2022 and is expected to reach over USD 17,947.28 million by the year 2030, growing at a CAGR of 7.1%.

Uninterruptible Power Supply (UPS) are reliable backup power source that provide uninterrupted power to electrical or electronic devices during main power failure. In addition, UPS are mainly employed to protect critical infrastructure from power related concerns including power outages, fluctuations, brownouts, spikes, among others. The UPS system includes a dedicated battery that stores energy received from utility-supplied power, which is later shared with the infrastructure during the time of power outage.

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Moreover, the key requirement for the adoption of UPS within residential, commercial, and industrial sectors is owing to the growing requirements for backup power supply and storage system. Moreover, UPS protects hardware from damage, expected to be caused due to voltage spikes and over currents. Accordingly, UPS models are designed to regulate the input power at intervals to avoid damaging any critical infrastructure.

Furthermore, increasing demand for data backup and need for large numbers of datacenters is promoting market growth for UPS. For instance, Eaton has a product category of 5PX UPS which is designed to cater enterprises need as a backup solution.

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Report Attributes Report Details
Market Size By 2030  17,947.28 million
Forecast Period 2023-2030
CAGR (2023-2030) 7.1%
Base Year 2022
Study Timeline 2017-2030
Key Players Vertiv Group Corp., Emerson Electric Co., ABB Ltd., Schneider Electric, Baykee (Guangdong) Technology Co. Ltd., Cyber Power Systems Inc., Infineon Technologies AG, Toshiba Corporation, Shenzhen INVT Electric Co. Ltd., Active Power, DELTA UPS & Regulator, Delta Power Solutions, HONGBAO Power Supply Co. Ltd., Guangdong Zhicheng Champion Group Co. Ltd., Sendon Electronics Co. Ltd., EAST Group Co. Ltd., Eaton, Shenzhen Jeidar Electronics Co. Ltd., AEG Power Solutions, Shenzhen Kstar Science&Technology Co. Ltd.
By Capacity Less than 10 kVA, 10-50 kVA, 51-100 kVA, and Above 100 kVA
By Type Standby UPS System, Online/Double Conversion UPS System, and Line-interactive UPS System
By Application Residential, Commercial, and Industrial
Report Coverage Company Ranking and Market Share, Growth Factors, Total Revenue Forecast, Regional Competitive Landscape, Business Strategies, and more
By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

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Uninterruptible Power Supply (UPS) Market Growth Drivers:

  • Increasing application of UPS against power interruption across different sectors is driving the market growth
  • Growing demand of backup source for providing power supply to electronic devices is driving the market growth

Restraints

  • High initial cost of equipment and operational expenditure is restraining the market growth
  • Ecological concerns associated with the disposal of battery

Opportunity

  • Increasing reliance on digital infrastructure is expected to promote the market growth of Uninterruptible Power Supply (UPS)

Global Uninterruptible Power Supply (UPS) Market Segmentation Details:

Based on Capacity, the 51-100 kVA Uninterruptible Power Supply (UPS) segment contributed the largest shares to the market growth in 2022. Owing to key features including modular size, aforementioned capacity of UPS is mainly used in medium sized installations including educational institutions, healthcare facilities, data centers, and others. Moreover, in order to protect electrical equipment including servers, telecom equipment, and healthcare related critical system is driving the market growth for 51-100 kVA Uninterruptible Power Supply (UPS).

Based on Type, the online/double Conversion segment offered substantial shares to the market in the year 2022. Owing to the increasing requirement for power during power outage, stored DC is then converted to AC and supplied to the electrical equipment. The key features that are promoting the growth of online/double conversion system are owing to the growing requirements for uninterrupted power services to infrastructures including data centers, healthcare facilities, and others.

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Based on Application, commercial holds the largest market share in 2022. The key reason for the largest revenue generation of the segment is owing to growing requirements of UPS in the infrastructures including data centers, telecommunication, hospital & clinics, and others. These infrastructures are in a constant mode or operation and each critical activity happening within the facility requires constant power supply. Thus, to avoid any power disruption and hampering operations, UPS are majorly being delayed in aforementioned locations.

Based on Region, North America has been a major contributor to the growth of the Uninterruptible Power Supply (UPS) market. North America is contributing significantly to the research and development of Uninterruptible Power Supply (UPS) based products owing to the presence of key players including Vertiv Group Corp., Emerson Electric Co., ABB Ltd., Schneider Electric, and others. The region is continuously witnessing growth in sectors including semiconductors, aerospace and defense, communication, and others is proliferating the growth of Uninterruptible Power Supply (UPS) market.

Recent Developments

  • In December 2021, Schneider Electric introduced EcoStruxure, an IT based next generation Data Center Infrastructure Management (DCIM) software for monitoring, planning, and management IT infrastructure including PDUs, UPS, environmental monitoring gears, and others.
  • In March 2023, Vertiv launched, New Vertiv Liebert GXE UPS, a high-performance online double-conversion single phase UPS. The system is available in 6 and 10 kVA power rating in rackmount and tower configuration.

Key Market Highlights

  • Globally, the Uninterruptible Power Supply (UPS) market is divided into capacity based into the capacity into Less than 10 kVA, 10-50 kVA, 51-100 kVA, and Above 100 kVA.
  • In the context of type, the market is separated into standby ups system, online/double conversion ups system, and line-interactive ups system.
  • The application segment is segmented into residential, commercial, and industrial.
  • The market is geographically divided into five regions: North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
  • Asia Pacific and North America are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on technological advancements in Uninterruptible Power Supply (UPS).

Browse Full Report & TOC @ https://www.consegicbusinessintelligence.com/uninterruptible-power-supply-market 

List of Major Global Uninterruptible Power Supply (UPS) Market Players

The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment —

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  • Vertiv Group Corp.
  • Emerson Electric Co.
  • ABB Ltd.
  • Schneider Electric
  • Baykee (Guangdong) Technology Co. Ltd.
  • Cyber Power Systems Inc.
  • Infineon Technologies AG
  • Toshiba Corporation
  • Shenzhen INVT Electric Co. Ltd.
  • Active Power
  • DELTA UPS & Regulator
  • Delta Power Solutions
  • HONGBAO Power Supply Co. Ltd.
  • Guangdong Zhicheng Champion Group Co. Ltd.
  • Sendon Electronics Co. Ltd.
  • EAST Group Co. Ltd.
  • Eaton
  • Shenzhen Jeidar Electronics Co. Ltd.
  • AEG Power Solutions
  • Shenzhen Kstar Science&Technology Co. Ltd.

Global Uninterruptible Power Supply (UPS) Market Segmentation: 

  • By Capacity
    • Less than 10 kVA
    • 10-50 kVA
    • 51-100 kVA
    • Above 100 kVA
  • By Type
    • Standby UPS System
    • Online/Double Conversion UPS System
    • Line-interactive UPS System
  • By Application
    • Residential
    • Commercial
      • Data Centers
      • Telecommunications
      • Hospital & Clinics
      • Others
    • Industrial

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Key Questions Covered in the Uninterruptible Power Supply (UPS) Market Report

  • What will be the potential market valuation for the Uninterruptible Power Supply (UPS) market by 2030?

– The market valuation for the Uninterruptible Power Supply (UPS) market is expected to be approximately USD 17,947.28 million by 2030 owing to the growing demand of backup source for providing power supply to electronic devices is driving the market growth.

  • Based on current market trends and future predictions, which geographical region will have the largest impact on the Uninterruptible Power Supply (UPS) market’s growth in the coming years?

– Asia Pacific is anticipated to witness the fastest CAGR during the forecast period due to the increasing investment by the government for the development of different sectors including semiconductor, energy and storage, and others.

  • What specific segmentation details are covered in the Uninterruptible Power Supply (UPS) market report, and how is the dominating segment impacting the market growth?

– The Commercial sector dominates the market in 2022 as Uninterruptible Power Supply (UPS) due to growing demand for UPS from educational, telecommunication sectors.

  • What specific segmentation details are covered in the Uninterruptible Power Supply (UPS) market report, and how is the fastest segment anticipated to impact the market growth?

– Above 100 kVA capacity of UPS will emerge as the fastest segment owing to the growing requirement of efficient power backup system to protect the electrical devices from power spike, outage, voltage fluctuations and among others.

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About Consegic Business Intelligence Pvt Ltd.

Consegic Business Intelligence Pvt Ltd. is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domains. The industry provides consulting services, syndicated research reports, and customized research reports.

Topnotch research organizations and institutions to comprehend the regional and global commercial status use the data produced by Consegic Business Intelligence Pvt Ltd. Our reports comprise in-depth analytical and statistical analysis on various industries in foremost countries around the globe.

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Press Releases: – https://www.consegicbusinessintelligence.com/press-release/uninterruptible-power-supply-market 

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Consegic Business intelligence Pvt Ltd.

Contact no.: (US) (505) 715-4344

Email: [email protected]

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Artificial Intelligence

Industrial Robotics Market is Slated to Transcend USD 44.87 Billion Valuation by 2031-end, Automation of Industrial Operations to Promote Market Expansion | SkyQuest Technology

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industrial-robotics-market-is-slated-to-transcend-usd-44.87-billion-valuation-by-2031-end,-automation-of-industrial-operations-to-promote-market-expansion-|-skyquest-technology

WESTFORD, Mass., July 12, 2024 /PRNewswire/ — According to SkyQuest, the global Industrial Robotics Market size was valued at USD 14.7 Billion in 2022 and is poised to grow from USD 16.6 Billion in 2023 to USD 44.87 Billion by 2031, at a CAGR of 13.2% during the forecast period (2024-2031).

Increasing use of advanced digital technologies in industries to improve the productivity of industrial operations is slated to bolster the demand for industrial robotics. The development of novel industrial robots and the rising acceptance of the same in different industry verticals will also favor industrial robotics market development in the future. The global industrial robotics market is segmented into type, payload, component, application, end use, and region.
Download a detailed overview:https://www.skyquestt.com/sample-request/industrial-robotics-market
Industrial Robotics Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 16.6 billion
Estimated Value by 2031
$ 44.87 billion
Growth Rate
Poised to grow at a CAGR of 13.2%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Type, Payload, Component, Application and End Use,
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Rising adoption of automation in industrial applications
Key Market Drivers
Advancements in robotics technologies and increasing acceptance of robots in industrial settings
Segments covered in Industrial Robotics Market are as follows:
TypeTraditional Robots (Articulated Robots, Cartesian Robots, SCARA Robots, Parallel Robots, Cylindrical Robots, Others), and Collaborative RobotsPayloadUp to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and More than 225.00 kgComponentRobot Arm, Robot Accessories, Additional Robotic Hardware, System Engineering, and Software & ProgrammingApplicationHandlings, Assembling & Disassembling, Welding & Soldering, Clean Room, Dispensing, Processing, and OthersEnd-UseAutomotive, Electrical & Electronics, Metals & Machinery, Plastics, Rubbers, & Chemicals, Food & Beverages, Precision Engineering & Optics, Pharmaceuticals & Cosmetics, Oil & Gas, and OthersRequest Free Customization of this report:https://www.skyquestt.com/speak-with-analyst/industrial-robotics-market
Efficient Material Handling Demands are Estimated to Govern the Global Sales of Industrial Robotics
Increasing demand for better productivity and operational efficiency in industries has resulted in the adoption of better material handling technologies. Industrial robots are highly efficient and adaptable to multiple handling operations, which is why they are being extensively used for this application. Any company investing in this segment is projected to get lucrative returns on their investments in the long run.
Demand for Better Human-Machine Interactions to Drive Use of Collaborative Industrial Robots
Collaborative robots have been gaining massive popularity around the world owing to their better human-machine interaction capabilities. Industrial robotics providers should focus on utilizing artificial intelligence and machine learning technologies to maximize the efficiency of their offerings. Growing emphasis on worker safety is also a key factor that is projected to bolster the demand for collaborative industrial robotics across the forecast period.
View report summary and Table of Contents (TOC):https://www.skyquestt.com/report/industrial-robotics-market
Industrial Robots are Highly Popular Among Electronics and Electrical Industry for Multiple Operations
Rapidly surging demand for electronics and electrical components around the world owing to the adoption of digital technologies is driving the demand for industrial robotics. Almost all aspects of electronics manufacturing are being automated, which is why industrial robotics is projected to shine bright in the electronics and electrical industry.
Industries dealing with plastics, chemicals, and rubber are also projected to witness a robust hike in demand for industrial robotics. The automotive industry is also a key end user of industrial robotics and will be a key segment that most companies target in the future.  The use of industrial robots to perform hazardous and dangerous tasks is projected to increase as emphasis on worker safety rises.
Increasing digital transformation of multiple industry verticals will also create a highly opportune setting for industrial robotics companies no matter what industry they choose to target. Industry 4.0 trend and growing preference for automation are also estimated to uplift the sales of industrial robotics over the coming years.
Related Report:
Robotics Market
Service Robotics Market
Delivery Robots Market
Warehouse Robotics Market
Smart Robots Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
 

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Artificial Intelligence

Artificial Intelligence (AI) in Manufacturing Market Valued at USD 64.63 Billion by 2031 | SkyQuest Technology

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artificial-intelligence-(ai)-in-manufacturing-market-valued-at-usd-64.63-billion-by-2031-|-skyquest-technology

WESTFORD, Mass., July 12, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence (AI) in Manufacturing Market size was valued at USD 2.58 Billion in 2022 and is expected to grow from USD 3.20 Billion in 2023 to reach USD 64.63 Billion by 2031, at a CAGR of 45.6% during the forecast period (2024-2031).

Artificial intelligence helps boost factory productivity and efficiency in manufacturing industry and is therefore getting adopted at a rapid pace. The objective of optimizing manufacturing processes and the increasing adoption of Industry 4.0 is driving the demand for AI in manufacturing. The global market for AI in manufacturing is categorized by components, technology, applications, end-users, and regions.
Download a detailed overview:https://www.skyquestt.com/sample-request/artificial-intelligence-in-manufacturing-market
Artificial Intelligence (AI) In Manufacturing Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 3.20 Billion
Estimated Value by 2031
$ 64.63 Billion
Growth Rate
Poised to grow at a CAGR of 45.6%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Component, Device Type and End User
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Development of new AI in manufacturing hardware and software solutions remains prime focus of companies
Key Market Opportunities
Demand for predictive maintenance slated to create new business scope
Key Market Drivers
Computer vision and machine learning technologies to improve automation capabilities drive market growth
Segments covered in Artificial Intelligence (AI) In Manufacturing Market are as follows:
ComponentNetwork, ModuleDevice TypeWearables, Tracker, Smart Lighting, Smart Parking, Alarm & Detector, OthersEnd-UserAutomotive Industry, Infrastructure, Healthcare, Manufacturing Industry, OthersRequest Free Customization of this report:https://www.skyquestt.com/speak-with-analyst/artificial-intelligence-in-manufacturing-market
Hardware Plays a Vital Role in Adoption of Artificial Intelligence (AI) in Manufacturing
Legacy infrastructure and systems of manufacturing facilities are not compatible with advanced artificial intelligence technology thereby driving the demand for novel hardware solutions. This sub-segment covers components such as sensors, devices, processors, integrated circuits, etc. designed especially for AI in manufacturing going forward. The need for better computing power and demand for faster hardware configurations will also help this segment bolster artificial intelligence (AI) in manufacturing market growth in the future.
Software plays a crucial role in incorporating advancements of AI technology in artificial intelligence (AI) in manufacturing applications. High investments in the development of novel AI software solutions and integration of edge and cloud computing are also creating new opportunities for artificial intelligence (AI) in manufacturing providers going forward. 
Machine Learning in AI Applications for Manufacturing will help Promote Growth
Machine learning algorithms help to examine extensive datasets for providing immediate insights into manufacturing equipment and processes. Such insights help players improve their market position by optimizing operations and utilizing resources. Predictive maintenance is also largely enabled by the deployment of machine learning algorithms. High investments in machine learning technology development are also expected to alter the global artificial intelligence (AI) in manufacturing market growth trajectory vastly in the future.
Computer vision technology is projected to witness robust demand over the coming years. The growing need for automation across all kinds of manufacturing facilities is slated to create an opportune setting for artificial intelligence (AI) in manufacturing companies going forward. This technology helps machines to interpret and process visual data to make informed decisions in real time that enhance the productivity of manufacturing operations.
View report summary and Table of Contents (TOC):https://www.skyquestt.com/report/artificial-intelligence-in-manufacturing-market
Predictive Maintenance Takes Crown When It Comes to AI Application in Manufacturing Space
Downtime is the worst nightmare of any manufacturing operation, and this is why predictive maintenance is the best companion for any manufacturing company. A growing number of manufacturing facilities deploying predictive maintenance solutions to reduce downtime allow this segment to lead global artificial intelligence (AI) in manufacturing adoption. Meanwhile, the use of AI for quality control and inspection of finished goods is also expected to rise at a robust CAGR over the coming years. Use of AI for production planning also offers lucrative opportunities for artificial intelligence (AI) in manufacturing providers in the long run.
Artificial intelligence (AI) in the manufacturing market is slated to largely benefit from the predictive maintenance sub-segment across the forecast period. Upcoming artificial intelligence (AI) in manufacturing companies should target the services sub-segment and established providers should focus on the hardware sub-segment to get the best returns in the long run. Context awareness and natural language processing technologies have a lot of untapped potential for artificial intelligence (AI) in manufacturing companies to experiment with.
Related Report:
AI Market 
Artificial Intelligence (AI) Robots Market
Artificial Intelligence (AI) in Healthcare Market
Mobile Artificial Intelligence (AI) Market
Artificial Intelligence (AI) Hardware Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
 

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Artificial Intelligence

Artificial Intelligence (AI) in Cybersecurity Market to Surpass USD 114.30 Billion Valuation in 2031 on the Back of Rapidly Evolving Threat Landscape | SkyQuest Technology

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WESTFORD, Mass., July 12, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence (AI) in Cybersecurity Market size was valued at USD 18.36 Billion in 2022 and is poised to grow from USD 22.49 Billion in 2023 to USD 114.30 Billion by 2031, at a CAGR of 22.53% during the forecast period (2024-2031).

Artificial intelligence technology is being used in cybersecurity to improve the security of digital networks and solutions as the threat landscape evolves rapidly. The growing incidence of cyberattacks and the need for automation of cybersecurity are promoting the use of AI in cybersecurity. The global artificial intelligence (AI) in cybersecurity market is segmented into offering, security type, technology, application, vertical, and region.
Download a detailed overview:
https://www.skyquestt.com/sample-request/global-ai-in-cybersecurity-market
Artificial Intelligence (AI) In Cybersecurity Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 22.49 billion
Estimated Value by 2031
$ 114.30 billion
Growth Rate
Poised to grow at a CAGR of 22.53%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Security Type, Technology, Application and Vertical
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Emphasis on improving identity and access management to create better AI in cybersecurity solutions
Key Market Opportunities
Use of machine learning to identify potential threat patterns
Key Market Drivers
Deployment of novel AI-based cybersecurity solutions by enterprises driving market development
Segments covered in Artificial Intelligence (AI) In Cybersecurity Market are as follows:
Security TypeInfrastructure Security (Network Security, Endpoint Security, Cloud Security, and Others), Data Security, Application Security, and OthersTechnologyMachine Learning (ML), Natural Language Processing (NLP), Context-Aware ComputingApplicationIdentity & Access Management, Risk & Compliance Management, Data Loss Prevention, Unified Threat Management, Fraud Detection, and OthersVerticalBFSI, IT & Telecom, Government & Defense, Manufacturing, and OthersRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/global-ai-in-cybersecurity-market
Services to Spearhead the Global Artificial Intelligence (AI) in Cybersecurity Market Growth
Artificial intelligence is a highly advanced technology, and organizations need assistance to deploy it in cybersecurity applications. From consulting to integration all kinds of services are highly vital in the global artificial intelligence (AI) in cybersecurity market growth over the coming years. Not all companies have the resources to deploy AI in cybersecurity by themselves, which is why the services sub-segment holds sway in the global market.
Rapid advancements in AI technology fuel the need for novel software solutions and updates for the same allowing the software sub-segment to boost market growth. Use of advanced machine learning algorithms and integration of other advanced technologies will also help amplify artificial intelligence (AI) in cybersecurity company’s business scope through this sub-segment. The increasing complexity of the regulatory environment and cyberattacks will always boost the demand for new software solutions.
Machine Learning is the Essence of AI in Cybersecurity Market
Machine learning algorithms go above and beyond when used for cybersecurity as they help in identifying patterns and analyzing huge volumes of data to provide better security suggestions. Preventive threat protection actions can be used by deploying predictive threat detection using machine learning, thereby favoring artificial intelligence (AI) in cybersecurity market growth too. Machine learning is becoming an integral part of all AI-based cybersecurity solutions and systems.
Text-based attacks have increased in prevalence and frequency around the world and this is why the need for natural language processing (NLP) technology is rising rapidly. Use of NLP in AI-based cybersecurity solutions Better communication and a simplified nature of AI-based security can be achieved by the extensive deployment of NLP technology.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/global-ai-in-cybersecurity-market
Identity and Access Management to Remain the Primary Wall in AI-based Cybersecurity Defense
The use of artificial intelligence in identity and access management is projected to take cybersecurity to a new level. Use of multi-factor authentication and single sign-on features can easily be enabled by using AI in identity and access management functions of cybersecurity. The increasing complexity of the regulatory environment to reduce the incidence of cyberattacks is promoting the demand for AI-based risk and compliance management solutions. In the age of information data is the currency and safeguarding this data is of utmost importance to all organizations. Data loss prevention application is also slated to provide attractive opportunities for artificial intelligence (AI) in cybersecurity companies in the long run.
Artificial intelligence (AI) in cybersecurity market players should take caution while investing in any of the segments of this market as this is a highly sensitive and regulated industry. Targeting the use of machine learning and natural language processing algorithms in this market could be highly rewarding for new as well as established artificial intelligence (AI) in cybersecurity companies in the near future.
Related Report:
AI Market 
Cyber Security Market
Artificial Intelligence (AI) in Computer Vision Market
Edge Artificial Intelligence (AI) Market
Artificial Intelligence (AI) Hardware Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo: https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg
 

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