"Global Artificial Intelligence in Cybersecurity Market Report to 2028 - Increasing Vulnerability of Wi-Fi Networks to Security Threats Drives Growth"
According to the new Global Artificial Intelligence (AI) in Cybersecurity Market Report from Research and Markets, the market size for AI in cybersecurity is projected to reach $60.6 billion by 2028, expanding at a Compound Annual Growth Rate (CAGR) of 21.9 percent from 2023 to 2028. Asia-Pacific (APAC) is the region with the fastest growth in AI in the cybersecurity industry. Small- and medium-sized enterprises (SMEs) and large corporations in this region are rapidly embracing cybersecurity solutions to protect their networks, websites, and mobile applications. The rising adoption of new technologies, such as Internet of Things (IoT) devices, big data analytics, and cloud computing, as well as growing data security concerns in the area, are expected to boost AI in the cybersecurity market expansion. The report also covers rising concerns for data protection and the increasing vulnerability to security threats. Data protection directives are critical in addressing growing concerns about the privacy of an individual's data. The ever-changing threat landscape has resulted in government laws that must be properly followed by companies worldwide. A hacker can place themself between the user and the connection point in Wi-Fi networks. Instead of connecting to the hotspot directly, the user sends information to the hacker, who relays it. Since free Wi-Fi hotspots do not require authentication to create a network connection, they are simple targets. Hackers could spread malware via an insecure Wi-Fi connection. A hacker can install malicious software on a user's computer if they allow file-sharing across a network. Some hackers have compromised the connection point itself, causing a pop-up window to appear during the connection process, promising an upgrade to a popular piece of software. As mobile Wi-Fi grows more prevalent, Internet security challenges and public Wi-Fi risks are likely to worsen. This article continues to discuss some key points made in the new Global AI in Cybersecurity Market Report.