Top Companies in Artificial Intelligence in Security Market | Comprehensive Statistics and Analysis by VMR
Increasing use of crypto for payments, rising phishing attempts, increasing use of service models are driving the market for Artificial Intelligence in Security.
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Market Overview:
Global AI in Security market is valued at 5,747.20 USD Million in 2021 and is projected to reach a value of 14,517.15 USD Million by 2028 at a CAGR of 16.70% over the forecast period. With the malware getting more intelligent day by day there is a need for artificial intelligence and machine learning techniques to counter-attack such malicious software. Both antivirus and anti-malware fall under the broader term cyber security. Cyber security is increasingly becoming a headache for everyone from corporates executives to regular consumers, who are both targeted by phishing scams and hackers attempting to access sensitive information.
According to the Consumer Technology Association, 44% of organizations across the globe are implementing artificial intelligence applications to detect and deter security intrusions. Artificial intelligence in cyber security increases the efficiency and precision of the system to observe any potential threat in the organization's system.
Following are the top 10 leading companies in the AI in Security market:
|
Company name |
Revenue in USD |
|
$57 Billion |
|
$117 Billion |
|
$264 Million |
|
$5 Billion |
|
$49 Billion |
|
$24 Billion |
|
$9 Billion |
|
$3 Billion |
|
$103.80 Million |
|
$3 Billion |
International Business Machines Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries. The company generated USD 5,735 Million in 2021. The company is located in Armonk, New York, United States. In 2022, the company has 2,70,000 employees working across its major locations worldwide. The company has various subsidiaries such as Red Hat Software, FileNet, IBM India Private Limited, and various others.
The Facebook Company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. The company is listed as FB(NASDAQ) in the stock exchange market.
F-Secure Corporation is a global cyber security and privacy company with over 30 offices around the world and is headquartered in Helsinki, Finland. The company was founded in 1988. The company has nearly 30 offices around the globe and a presence in more than 100 countries, with Security Lab operations in Helsinki and Kuala Lumpur, Malaysia. The company is listed as FSC1V (HEL) in the stock exchange market. In 2020, the company generated revenue of USD 1.44 Million and had 1,678 employees working across the globe.
Tech Mahindra is an Indian multinational information technology services and consulting company. Part of the Mahindra Group, the company is headquartered in Pune and has it Tech Mahindra is a US$5.2 billion company with 125,236 employees across 90 countries. The company is listed as TECHM (NSE) in the stock exchange market. In 2020, the company generated revenue of USD 5.4 Billion and had 10,000 employees working across the globe.
Cisco is an American multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company is listed as CSCO (NASDAQ) in the stock exchange market. In 2020, the company generated revenue of USD 4.9 Billion and had 79,500 employees working across the globe.
Nvidia Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units for the gaming and professional markets, as well as system on chip units for the mobile computing and automotive market. The company is listed as NVDA (NASDAQ) in the stock exchange market. In 2020, the company generated revenue of USD 1.02 Billion and had 18,100 employees working across the globe.
Samsung Electronics Co., Ltd. is a South Korean multinational electronics corporation headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group's revenue in 2012. The company is listed as 005930 (KRX) in the stock exchange market. In 2020, the company generated revenue of USD 200 Billion and had 2,87,439 employees working across the globe.
Xilinx, Inc. was an American technology and semiconductor company that primarily supplied programmable logic devices. The company was known for inventing the first commercially viable field-programmable gate array and creating the first fabless manufacturing model.
ThreatMetrix—now LexisNexis® Risk Solutions leverages global digital and physical identity intelligence, machine learning, and advanced big data analytics to accelerate risk management decisions and fortify fraud defenses for businesses across the globe. The company provides solutions that combine powerful ThreatMetrix technology and intuitive analytics with more than 78 billion data records augmented by the digital identity coverage of the LexisNexis® Digital Identity Network® to deliver a concise 360-degree view of risk at any point in the customer lifecycle. LexisNexis® Risk Solutions provides robust, actionable risk insights enabling secure and seamless transactions while limiting friction intelligently across every channel via a multi-layered approach.
Fortinet is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, such as physical firewalls, antivirus software, intrusion prevention systems, and endpoint security components. Fortinet was founded in 2000 by brothers Ken Xie and Michael Xie. The company is listed as FTNT (NASDAQ) in the stock exchange market. In 2020, the company generated revenue of USD 259 Billion and had 9,700 employees working across the globe.
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