AI Security Market to Hit $4.8B by 2027: Report

1h ago·0:00 listen·Source: The Economic Times

Summary

The AI security market is predicted to reach 4.8 billion dollars in 2027, showing rapid growth of 68.7%. This surge is driven by businesses needing to secure AI systems and defend against sophisticated cyber threats. Enterprises are increasing investments as the adoption of AI creates new vulnerabilities. These risks include those linked to AI models, third-party software, and supply-chain attacks. More than half of successful cyberattacks targeting AI agents by 2029 are expected to exploit weaknesses in access controls and prompt injections. This will push companies to deploy specialized tools. The market is divided into four segments. AI application security is expected to be the largest spending category in 2027, reaching nearly 851 million dollars. AI usage control is forecast to be the fastest-growing segment, expanding 73%. Established vendors are likely to retain an advantage in AI governance platforms and gateways. However, AI application security and AI usage control are attracting many startups. This rapid expansion could also trigger consolidation, with larger cybersecurity companies acquiring startups. This growth matters because businesses need to understand how to protect their AI systems from evolving threats.

Read the full article on The Economic Times

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