The AI in Cybersecurity Market estimated size and share is projected to exceed USD 219.53 billion by 2034, with a forecasted CAGR of 24.1% during the period.

According to a 2023 survey among global business and cyber leaders, cybersecurity was the sector expected to be the most affected by generative artificial intelligence (AI) in the near future, as highlighted by ** percent of respondents. At the same time, ** percent of respondents from this industry considered that their organization was at least minimally cyber resilient. On the other hand, ** percent of respondents from the agriculture, food, and beverage sector anticipated being significantly affected by generative AI in the next two years, while only ** percent saw their organization as at least minimally cyber resilient.

Introduction

The global AI in Cybersecurity market, expected to expand from USD 22 billion in 2023 to around USD 163.0 billion by 2033, demonstrates a promising growth trajectory with a CAGR of 22.3%. This growth is driven by a surge in cyber-attacks, increasing demand for enhanced security solutions, and the rapid digital transformation across industries. Opportunities for new entrants lie in the software segment, which dominates the market, and the services segment, expected to witness significant growth due to the rising adoption of managed security services.

Challenges include navigating the complexity of AI in cybersecurity solutions and addressing the growing sophistication of cyber-attacks. North America currently leads the market, but Asia-Pacific is anticipated to show the highest growth, propelled by an increasing number of cyber incidents across various sectors

In 2024, manufacturing saw the highest share of cyberattacks among the leading industries worldwide. During the examined year, manufacturing companies encountered more than a quarter of the total cyberattacks. Organizations in the finance and insurance followed, with around 23 percent. Professional, business, and consumer services ranked third, with 18 percent of reported cyberattacks. Manufacturing industry and cyberattacks The industry of manufacturing has been in the center of cyberattacks in a long time. The share of cyberattacks targeting organizations in this sector in 2018 was at 10 percent, while in 2024, it amounted to 26 percent. The situation is even more compliacted when we look at the cyber vulnerabilities found in this sector. In 2024, critical vulnerabilities in manufacturing companies lasted 205 days on average. IT perspective and prevention With recent technology developments, cybersecurity is crucial to an organization’s success. Realizing this, companies have been gradually increasing cybersecurity investments. Thus, in 2024, the cybersecurity budget worldwide was forecast to increase to nearly 283 billion U.S. dollars. Roughly nine in ten board directors of companies worldwide in professional services and media and entertainment industries say they expect an increase in the cybersecurity budget.

Market Overview and Drivers: The global graph technology market is projected to reach a valuation of USD XXX million by 2033, expanding at a CAGR of XX% during the forecast period (2025-2033). The increasing adoption of data-intensive applications, particularly in sectors such as fraud detection, customer analysis, and supply chain management, is driving market growth. Additionally, the proliferation of big data and the need for advanced data management and analysis capabilities further contribute to the market's expansion. Key Trends and Restraints: Growing demand for fraud detection and cybersecurity solutions, coupled with the increasing adoption of cloud-based graph technologies, are major trends shaping the market. The integration of artificial intelligence (AI) and machine learning (ML) with graph technology is further enhancing its value proposition. However, challenges related to data privacy and security concerns, as well as a lack of skilled professionals in the field, may restrain market growth.

Graph Analytics Market size was valued at USD 77.1 Million in 2024 and is projected to reach USD 637.1 Million by 2032, growing at a CAGR of 35.1% during the forecast period 2026 to 2032.

Global Graph Analytics Market Drivers The market drivers for the Graph Analytics Market can be influenced by various factors. These may include:

Growing Need for Data Analysis: In order to extract insightful information from the massive amounts of data generated by social media, IoT devices, and corporate transactions, there is a growing need for sophisticated analytics tools like graph analytics.

Growing Uptake of Big Data Tools: Graph analytics solutions are becoming more and more popular due to the spread of big data platforms and technology. Businesses are using these technologies to improve the efficiency of their analysis of intricately linked datasets.

Developments in AI and ML: The capabilities of graph analytics solutions are being improved by advances in machine learning and artificial intelligence. These technologies make it possible for recommendation systems, anomaly detection, and forecasts based on graph data to be more accurate.

Increasing Recognition of the Advantages of Graph Databases: Businesses are realizing the advantages of graph databases for handling and evaluating highly related data. Consequently, there's been a sharp increase in the use of graph analytics tools to leverage the potential of graph databases for diverse applications.

The use of advanced analytics solutions, such as graph analytics, for fraud detection, cybersecurity, and risk management is becoming more and more important as a result of the increase in cyberthreats and fraudulent activity.

Demand for Personalized suggestions: Companies in a variety of sectors are using graph analytics to provide their clients with suggestions that are tailored specifically to them. Personalized recommendations increase consumer engagement and loyalty on social networking, e-commerce, and entertainment platforms.

Analysis of Networks and Social Media is Necessary: In order to comprehend relationships, influence patterns, and community structures, networks and social media data must be analyzed using graph analytics. The capacity to do this is very helpful for security agencies, sociologists, and marketers.

Government programs and Regulations: The need for graph analytics solutions is being driven by regulations pertaining to data security and privacy as well as government programs aimed at encouraging the adoption of data analytics. These tools are being purchased by organizations in order to guarantee compliance and reduce risks.

Emergence of Industry-specific Use Cases: Graph analytics is finding applications in a number of areas, such as healthcare, finance, retail, and transportation. These use cases include supply chain management, customer attrition prediction, and financial fraud detection in addition to patient care optimization.

Technological Developments in Graph Analytics Tools: As graph analytics tools, algorithms, and platforms continue to evolve, their capabilities and performance are being enhanced. Adoption is being fueled by this technological advancement across a variety of industries and use cases.

The Military Electronic Chart Display and Information System (ECDIS) market is experiencing robust growth, driven by increasing demand for advanced navigation and situational awareness capabilities within naval and defense operations. The market's expansion is fueled by several key factors: the integration of ECDIS with other combat management systems, enhancing overall operational efficiency; the rising adoption of digital navigation charts, improving accuracy and reducing reliance on paper charts; and the growing need for improved cybersecurity within military navigation systems. Technological advancements, such as the incorporation of augmented reality and artificial intelligence, are further enhancing the capabilities of ECDIS, creating a more intuitive and effective user experience. This surge in demand is particularly evident in regions with active navies and robust defense budgets, such as North America and Europe, although Asia-Pacific is showing significant growth potential given its increasing military modernization efforts. Despite this positive outlook, the market faces some challenges. High initial investment costs for advanced ECDIS systems can be a barrier to entry for smaller nations or less well-funded military branches. Additionally, the complexity of integrating ECDIS with existing legacy systems presents a technical hurdle for many defense organizations. Furthermore, maintaining the security and integrity of these systems against cyber threats is a critical ongoing concern. Nevertheless, the long-term prospects for the Military ECDIS market remain strong, driven by continuous technological innovation and increasing military expenditure globally. We project a continued strong CAGR, although specific numerical values cannot be provided without the missing CAGR data from the prompt.

In 2024, the number of data compromises in the United States stood at 3,158 cases. Meanwhile, over 1.35 billion individuals were affected in the same year by data compromises, including data breaches, leakage, and exposure. While these are three different events, they have one thing in common. As a result of all three incidents, the sensitive data is accessed by an unauthorized threat actor. Industries most vulnerable to data breaches Some industry sectors usually see more significant cases of private data violations than others. This is determined by the type and volume of the personal information organizations of these sectors store. In 2024 the financial services, healthcare, and professional services were the three industry sectors that recorded most data breaches. Overall, the number of healthcare data breaches in some industry sectors in the United States has gradually increased within the past few years. However, some sectors saw decrease. Largest data exposures worldwide In 2020, an adult streaming website, CAM4, experienced a leakage of nearly 11 billion records. This, by far, is the most extensive reported data leakage. This case, though, is unique because cyber security researchers found the vulnerability before the cyber criminals. The second-largest data breach is the Yahoo data breach, dating back to 2013. The company first reported about one billion exposed records, then later, in 2017, came up with an updated number of leaked records, which was three billion. In March 2018, the third biggest data breach happened, involving India’s national identification database Aadhaar. As a result of this incident, over 1.1 billion records were exposed.

According to a 2024 survey of Chief Information Security Officers (CISO) worldwide, Ransomware attacks were a leading cybersecurity risk, with roughly ** percent naming it as one of the three major cybersecurity threats. A further share of ** percent of the respondents found malware to be a significant risk to their organizations' cybersecurity. Email fraud compromise and DDoS attacks followed closely, with ** percent.

The global indicator 'Estimated Cost of Cybercrime' in the cybersecurity market was forecast to continuously increase between 2024 and 2029 by in total *** trillion U.S. dollars (+***** percent). After the eleventh consecutive increasing year, the indicator is estimated to reach ***** trillion U.S. dollars and therefore a new peak in 2029. Notably, the indicator 'Estimated Cost of Cybercrime' of the cybersecurity market was continuously increasing over the past years. Ransomware and manufacturing industry Cyberattacks remain a significant challenge for organizations worldwide, sectors such as manufacturing, finance, and insurance were the most affected by these attacks. Among the various types of cyber threats, ransomware was the most frequently detected, accounting for around ** percent of all incidents. The manufacturing industry, in particular, faced the highest number of ransomware attacks, making it the most targeted sector globally. Cybersecurity awareness and investments Organizations worldwide became increasingly aware of the dangers posed by cyberattacks, approximately ** percent of internet users became familiar terms such as with "ransomware." In response to these threats, companies invested more in cybersecurity. In 2024, the average annual increase in IT security budgets was expected to reach *** percent. In fact, for companies worldwide, enhancing the cyber resilience of their cybersecurity teams was the top spending priority in 2023.

Between the first quarter of 2023 and the third quarter of 2024, the number of records exposed in data breaches in the United States decreased significantly. In the most recent measured period, over 93.7 million records were reported as leaked, down from around 116 million in the previous quarter.

As of January 2024, about ** percent of organizations in the United Kingdom reported experiencing a data breach accident once a month. A further ** percent said they had encountered a data breach event less than once a month in the past 12 months. Meanwhile, ** percent said they had experienced a data breach incident once a week.

In 2023, spending in the cybersecurity industry reached around ** billion U.S. dollars, with forecasts suggesting that the market will eclipse ** billion U.S. dollars by 2024. Global spending on cybersecurity has been increasing since 2021. Cybersecurity remains a priority Since the outbreak of the COVID-19 pandemic, organizations worldwide have sent their employees into the home office for work. This decentralization of an organization’s IT landscape created new vulnerabilities of malicious actors to exploit which is concurred by IT professionals’ observation that there is an increase in cyber attacks following the COVID-19 pandemic. As a result, cybersecurity remains a priority among business leaders to ensure operability of the company and data security. Cybersecurity solutions Among solutions for cybersecurity are endpoint security, identity access management, data security, and network security. These technologies are leveraged to protect sensitive information and critical systems from attacks. More specifically, these measures are designed to protect threats originating both from inside and outside an organization. This underscores the need to think of cybersecurity as a comprehensive strategy made up of practices and technologies.

As of 2024, the average cost of a data breach in the United States amounted to **** million U.S. dollars, down from **** million U.S. dollars in the previous year. The global average cost per data breach was **** million U.S. dollars in 2024. Cost of a data breach in different countries worldwide Data breaches impose a big threat for organizations globally. The monetary damage caused by data breaches has increased in many markets in the past decade. In 2023, Canada followed the U.S. by data breach costs, with an average of **** million U.S. dollars. Since 2019, the average monetary damage caused by loss of sensitive information in Canada has increased notably. In the United Kingdom, the average cost of a data breach in 2024 amounted to around **** million U.S. dollars, while in Germany it stood at **** million U.S. dollars. The cost of data breach by industry and segment Data breach costs vary depending on the industry and segment. For the fourth consecutive year, the global healthcare sector registered the highest costs of data breach, which in 2024 amounted to about **** million U.S. dollars. Financial institutions ranked second, with an average cost of *** million U.S. dollars for a data breach. Detection and escalation was the costliest segment in data breaches worldwide, with **** U.S. dollars on average. The cost for lost business ranked second, while response following a breach came across as the third-costliest segment.

For the fiscal year 2025, the government of the United States proposed nearly 13 billion U.S. dollar budget for cybersecurity, representing an increase from the previous fiscal year. These federal resources for cybersecurity are set to support a broad-based cybersecurity strategy for securing the government and enhancing the security of critical infrastructure and essential technologies.

In 2023, the healthcare industry in the United States remained the most targeted by cyber attacks, resulting in data compromises. Compared to 2022, the number of data compromise incidents in the U.S. healthcare industry increased more than twice. The financial services sector ranked second, with 744 data compromise incidents, representing a significant increase, too.

In 2023, supply chain cyber attacks in the United States impacted ***** entities. This is the highest reported number since 2017. In the last measured year, the number of affected entities has increased by approximately ** percent year-over-year. The impacted entities have access to multiple organizations' data, which represents a significant risk for organizations.

In 2023, the most common type of cyber crime reported to the United States internet Crime Complaint Center was phishing and spoofing, affecting approximately 298 thousand individuals. In addition, over 55 thousand cases of personal data breaches cases were reported to the IC3 during that year. Dynamic of phishing attacks Over the past few years, phishing attacks have increased significantly. In 2023, almost 300 thousand individuals fell victim to such attacks. The highest number of phishing scam victims since 2018 was recorded in 2021, approximately 324 thousand.Phishing attacks can take many shapes. Bulk phishing, smishing, and business e-mail compromise (BEC) are the most common types. In 2023, 76 percent of the surveyed worldwide organizations reported encountering bulk phishing attacks, while roughly three in four were targeted by smishing scams. Impact of phishing attacks Among the most targeted industries by cybercriminals are healthcare, financial, manufacturing, and education institutions. An observation carried out in the first quarter of 2023 found that social media was most likely to encounter phishing attacks. According to the reports, almost a quarter of them stated being targeted by a phishing scam in the measured period. Very often, phishing e-mails contain a crucial risk for the organization. Almost three in ten worldwide organizations that have experienced phishing attacks suffered from a customer or a client data breach as a consequence. Phishing scams that delivered ransomware infections were also common for the surveyed organizations.

Mobile devices connected to the internet are vulnerable to targeted attacks and security threats. In December 2023, the number of global mobile cyberattacks was approximately 5.4 million, up by 147 percent compared to December 2022. Cyberattacks targeting mobile devices have been decreasing since the end of 2020, after experiencing an annual peak of almost 6.4 million in October 2020. Mobile concerns: Smishing While mobile operating systems come with vulnerabilities requiring patching and regular maintenance, watchful usage can reduce the risk for users of incurring security threats. Smishing attacks are especially reliant on users’ accidental mistakes or naivety. Smishing, or SMS phishing, uses text messages to lure users into accessing fake websites requesting personal data, or into clicking on malicious download links that could infect the device with malware. In the first quarter of 2024, AdWare and RiskTool were the most encountered types of mobile malware worldwide, while Trojan malware accounted for 11 percent of the total. Smishing attacks do not interest regular users alone, but can also target organizations and professionals. In 2023, it was found that the share of IT professionals and organizations targeted by smishing attacks was at 75 percent. Mobile app privacy According to a survey of global consumers carried out in August 2021, both Android and iOS users appeared equally keen to stop using an app if their privacy expectations were not met. Mobile apps have to collect different types of data for functionality purposes, including app diagnostic and device data for location-based services. However, mobile apps also collect other types of more personal user data, such as search history, browsing history, health data, and financial information. The data can be then used by the company that collected them in the first place (1st party data), or with entities that do not have a direct relationship with the users, and obtain data from the main tracking source (3rd party data). Social media apps, like other app categories, rely on acquiring 3rd party data from users for their advertisement business. As of February 2022, TikTok was found to have the highest number of potential 3rd party trackers, followed by Telegram, and Twitter.

During the third quarter of 2024, data breaches exposed more than *** million records worldwide. Since the first quarter of 2020, the highest number of data records were exposed in the first quarter of ***, more than *** million data sets. Data breaches remain among the biggest concerns of company leaders worldwide. The most common causes of sensitive information loss were operating system vulnerabilities on endpoint devices. Which industries see the most data breaches? Meanwhile, certain conditions make some industry sectors more prone to data breaches than others. According to the latest observations, the public administration experienced the highest number of data breaches between 2021 and 2022. The industry saw *** reported data breach incidents with confirmed data loss. The second were financial institutions, with *** data breach cases, followed by healthcare providers. Data breach cost Data breach incidents have various consequences, the most common impact being financial losses and business disruptions. As of 2023, the average data breach cost across businesses worldwide was **** million U.S. dollars. Meanwhile, a leaked data record cost about *** U.S. dollars. The United States saw the highest average breach cost globally, at **** million U.S. dollars.