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Applied AI in Cybersecurity Market Size was valued at USD 1.9 billion in 2022. The applied AI in cybersecurity market industry is projected to grow from USD 2.2 billion in 2023 to USD 15.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 24.5% during the forecast period (2023 - 2032).

The cybersecurity industry has witnessed immense growth in recent years, and it's reshaping the use of Artificial Intelligence (AI) in cybersecurity. This growth is mainly due to the increasing necessity to protect internet-connected systems, including hardware, software, and data, from a wide range of threats like hacking, malware, phishing, and ransomware.