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Samsung Electronics Co., Ltd, Amazon Web Services, Inc., Ensign InfoSecurity Pte Ltd, CloudSEK Information Security Private Limited, WeSecure, WISeKey International Holding Ltd, Acronis International GmbH, HCL Technologies Limited, Palo Alto Networks, Inc., Vectra AI, among others, are the major players in the Asia Pacific AI in cybersecurity market.
The Asia Pacific AI in cybersecurity market size reached USD 3,253.3 million in 2023. The market is expected to grow at a CAGR of 21.32% between 2024 and 2032, reaching USD 18,525.2 million by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the expansion of the IT sector.
Cybersecurity is being powered by artificial intelligence to monitor, analyse detect, and respond to cyber threats in real time. Approximately 82% of data breaches are attributed to human errors. By automating various tasks, AI can significantly mitigate the risk of misconfigurations, inadvertent data disclosures, and other accidental mistakes that could compromise security measures. Additionally, AI equips cybersecurity teams with tools and insights that enhance their efficiency and effectiveness. Machine learning models analysing threat intelligence data enable teams to understand the threat landscape better and proactively address emerging risks. As per the Asia Pacific AI in cybersecurity market analysis, AI-powered security and compliance automation platforms streamline processes, allowing teams to respond quickly and accurately to incidents. By delegating routine tasks to automation, cybersecurity experts can focus on strategic initiatives and conduct in-depth threat assessments.
Organisations that extensively utilise security AI and automation report an average cost of a data breach at USD 3.60 million, which is USD 1.76 million lower than the costs incurred by organisations without these capabilities. This represents a 39.3% reduction in average breach costs. Additionally, organisations with fully deployed security AI and automation are able to identify and contain data breaches 108 days more quickly than those without such technologies.
Figure: Proportion of Types of Cybersecurity Problems in China (%), 2020-2021
The presence of government regulations is supporting Asia Pacific AI in cybersecurity market growth. Governments and international organisations are playing a vital role in establishing guidelines and regulatory frameworks for the safe development of AI. These regulations aim to direct the development, use, and implementation of AI technologies in a manner that benefits society while minimising potential harm. Recent examples of such initiatives include the European Union’s AI Act, the establishment of the UN’s advisory body on AI governance, the UK’s Guidelines for Secure AI System Development, the White House Executive Order on AI Safety, and the creation of the US AI Safety Institute.
In February 2023, the Technical University of Munich (TUM) and Google strengthened their cooperation by launching seven new research projects to investigate critical questions at the interface of cybersecurity and AI.
Headquarters: | Gyeonggi-Do, South Korea |
Establishment: | 1969 |
Website: | www.samsung.com |
The company deals in consumer electronics equipment, that offers technologies and solutions like TVs, smartphones, wearable devices, tablets, digital appliances, network systems, medical devices, semiconductors and LED solutions. Samsung has 267,937 employees working in 74 countries with more than 230 global bases across the world.
Headquarters: | Seattle, United States |
Establishment: | 2006 |
Website: | aws.amazon.com |
Amazon Web Services (AWS) offers a reliable, scalable, low-cost infrastructure platform in the cloud. The company provides its services to several businesses in 190 countries around the world. Amazon provides AI in cybersecurity such as Amazon Macie and Amazon GuardDuty. AWS has data centre locations in the U.S., Europe, Singapore, and Japan. Amazon also provides services enabling companies achieve provable security for applications, including Amazon CodeGuru Security, Amazon Verified Permissions, AWS Identity and Access Management (IAM) Access Analyzer, Amazon S3 Block Public Access, etc.
Headquarters: | Kallang Place, Singapore |
Establishment: | 2018 |
Website: | www.ensigninfosecurity.com |
Ensign InfoSecurity is a pure-play end-to-end cybersecurity service provider in Asia. The key offerings of the company include cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. The solutions of the company include combat ransomware, prevent data loss, secure cloud journey, identity and access management, and deepfake detection.
Headquarters: | Manhattan House, Singapore |
Establishment: | 2015 |
Website: | www.cloudsek.com |
CloudSEK is an Artificial Intelligence powered Digital Risk Management company. The company provides solutions such as Cyber Threats Monitoring, Dark Web Monitoring, Brand Threat Monitoring, Infra Threat Monitoring, Partners Secret Scanning, BeVigil Jenkins CI, BeVigil OSINT CLI, BeVigil Asset Explorer, and Takedowns. The company combines cyber intelligence, brand monitoring, attack surface monitoring, infrastructure monitoring and supply chain intelligence to give context to customers’ digital risks.
Headquarters: | Telangana, India |
Establishment: | 2014 |
Website: | wesecureapp.com |
WeSecureApp, a part of Strobes Security, is a CERT-In empanelled cybersecurity company based in India. The company offers a wide variety of solutions including red teaming, dark web monitoring etc. The company has a client base of over 150 organisations including Nykaa, Flipkart, Aditya Birla, and Airtel across diverse industries. The company offers services such as application security, network security, cloud security, staffing services, and breach and attack simulation.
Headquarters: | Cointrin, Switzerland |
Establishment: | 1999 |
Website: | www.wisekey.com |
WISeKey is a renowned information security and identity management company providing solutions for industries such as automotive, government, Industry 4.0, financial and health. The products and services of the company include semiconductors, Digital Identity and PKI, and WISeKey Innovation.
Headquarters: | Schaffhausen, Switzerland |
Establishment: | 2003 |
Website: | www.acronis.com |
Acronis is a cyber protection company, based in Switzerland providing integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. The company provides its services in more than 150 countries and has over 20,000 service providers. The company offers cybersecurity solutions such as Security + XDR, Security + EDR, Managed Detection and Response (MDR), Email Security, Collaboration App Security for M365, and Data Loss Prevention (DLP).
Headquarters: | Uttar Pradesh, India |
Establishment: | 1999 |
Website: | www.hcltech.com |
HCLTech is a global technology company with presence in more than 60 countries across the globe. Th company delivers industry-leading capabilities that revolves around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. HCL provides its services across various verticals including financial services, manufacturing, life sciences and healthcare, technology and services, telecom and media, retail and cpg, and public services.
Headquarters: | California, United States |
Establishment: | 2005 |
Website: | www.paloaltonetworks.com |
Palo Alto Networks is a global cybersecurity leader providing products such as cloud-delivered security services, next-generation firewalls, code-to-cloud platforms, secure access service edge, and AI-Driven Security Operations Platform. Under their cloud-delivered security services, the company offers AI Access Security, Advanced Threat Prevention, Advanced URL Filtering, Advanced WildFire, Advanced DNS Security, Enterprise Data Loss Prevention, Enterprise IoT Security, Medical IoT Security, Industrial OT Security, and SaaS Security.
Headquarters: | California, United States |
Establishment: | 2011 |
Website: | www.vectra.ai |
Vectra AI is a prominent company engaged in AI driven extended detection and response. The company’s AI platform offers integrated signal across network, identity, cloud, SaaS, and Gen AI in a single platform. The company provides its solutions to industries such as Critical National infrastructure, energy and utilities, finance, government/federal, healthcare, higher education, manufacturing, pharmaceutical and medical, real estate, retail and wholesale, and telecom.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124