MarketsandMarkets Forecasts AI Cybersecurity Market at $95.25 Billion by 2031

MarketsandMarkets forecasts the AI cybersecurity market will grow from $31.25 billion in 2026 to $95.25 billion by 2031, representing a 25% compound annual growth rate, according to its market report announcement. The firm estimates the market was worth $22.07 billion in 2025.

Threat detection and anomaly detection will hold the largest application share during the forecast period. Security automation and orchestration will be the fastest growing application segment, with a projected annual growth rate of 36.1%.

The report expects security for operational technology, connected devices and cyber physical systems to grow at 34.2% annually. Small and medium businesses are projected to be the fastest growing customer segment at 29.3%, while North America accounts for an estimated 41.7% of the market in 2026.