Cyber security in the robotics market is expected to expand its roots at a steady CAGR of 11.7% during the forecast period. The market is likely to hold a revenue of US$ 3.8 billion in 2023 while it is anticipated to cross a value of US$ 11.6 billion by 2033.
A new market research report by Future Market Insights on cyber security in the robotics market includes an industry analysis of 2014-2021 and an opportunity assessment for 2022-2029. The report investigates and provides critical insights into cyber security in the robotics market.
Furthermore, the cyber security solution market is expected to experience substantial growth over the upcoming years, due to various factors, such as increasing demand for cloud security in robotics, increasing use of machine learning and artificial intelligence for cyber defense, and increasing data protection for information security.
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In addition, denial-of-service protection solution is expected to witness high adoption rates during the forecast period, due to overloading online services which are vulnerable to DOS attacks. Furthermore, the world is witnessing a rapid increase in information security, human safety, and data protection which, in turn, is creating potential growth opportunities for the cyber security in robotics market players.
An AI security robot is an intelligent robotic system designed to monitor and protect a specific area or facility. These robots use artificial intelligence and machine learning algorithms to detect potential security threats and take appropriate actions to prevent them.
Leveraging Artificial Intelligence and Machine Learning for Cyber Defense
Artificial Intelligence and Machine Learning are being applied across major industries and applications, including cyber security in robotics. These technologies are used to detect cyber threats based on analyzing data and identifying a threat before it exploits a vulnerability in information security in robotics.
Moreover, Machine Learning remains a key focus area of companies operating in the cyber security in the robotics market, as it enables the robot to predict threats and observe behavior anomalies with more accuracy. Machine learning and artificial intelligence are also used for detecting and tracking active phishing sources.
Gains Upheld by Manufacturing Industry Prioritizing Robotic Security
Security concerns in robotics are increasing, as robots are connected to other robots, enterprises, or to the cloud, which enables access to internal systems and data servers. The data collected by robots is used by manufacturers to maximize production efficiency and improve product quality.
To ensure safe production, manufacturers are investing in cyber security solutions such as authentication solutions, encryption solutions, secure communication solutions, and denial of service protection solutions to protect robots from hacking and to deal with vulnerabilities in the process. Cyber security is a top priority for manufacturers as cyber-attacks on robots can cause them a huge loss in production.
Cloud-based Security in Robotics
The data gathered by robots in different sectors can be stored on the cloud and can be used in the future. This ensures productivity growth and lower costs for enterprises. Cloud-based security is important in robotics as it provides better tracking and monitoring system than other security solutions. It also provides real-time firewall and signature updates blocking harmful traffic.
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Cyber Security in Robotics Market by CategoryBy Solution:
- Authentication
- Secure Communication
- Encryption
- Denial of Service Protection
- Risk & Vulnerability Management
By Services:
- Security Testing
- Upgradation & Patch Management
- Security Assessment
By Type:
- Industrial Robot
- Medical Robot
- Collaborative Robot
- Defense Robot
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- Middle East & Africa
Table of Content
1. Executive Summary | Cyber Security in Robotics Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
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