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Artificial Intelligence (AI) in Security Market Size to Grow USD 13450 Million by 2029 at a CAGR of 18.1% | Valuates Reports

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BANGALORE, India, Aug. 2, 2024 /PRNewswire/ — Artificial Intelligence in the Security Market is Segmented by Type (Endpoint Security, Network Security, Application Security, Cloud Security), by Application (Government & Defense, Enterprise, BFSI, Retail, Healthcare, Manufacturing, Automotive & Transportation, Infrastructure).

The Global Artificial Intelligence in Security Market is projected to grow from USD 4966.7 Million in 2023 to USD 13450 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period.

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Major Factors Driving the Growth of AI in Security Market:

The market for artificial intelligence (AI) in security is growing quickly as businesses use cutting-edge technology to improve their security protocols and defend against increasingly complex cyberattacks. The efficiency and efficacy of security operations are greatly increased by AI-driven security systems, which include features like automated responses, predictive analytics, and real-time threat identification. By identifying and thwarting possible attacks more quickly than with conventional techniques, AI integration in security systems lowers the likelihood of data breaches and other cyber catastrophes. The use of AI in security is driven by the need for proactive security tactics and the increasing complexity of cyberattacks. These industries include government, banking, healthcare, and retail.

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TRENDS INFLUENCING THE GROWTH OF THE AI IN SECURITY MARKET:

The market for artificial intelligence (AI) in security is growing quickly as businesses use cutting-edge technology to improve their security protocols and defend against increasingly complex cyberattacks. The efficiency and efficacy of security operations are greatly increased by AI-driven security systems, which include features like automated responses, predictive analytics, and real-time threat identification. By identifying and thwarting possible attacks more quickly than with conventional techniques, AI integration in security systems lowers the likelihood of data breaches and other cyber catastrophes. The use of AI in security is driven by the need for proactive security tactics and the increasing complexity of cyberattacks. These industries include government, banking, healthcare, and retail.

Because endpoints like laptops, cellphones, and IoT devices are frequently used as entry points for assaults, endpoint security is a major driver of AI in the security industry. AI improves endpoint security by offering more sophisticated threat detection and reaction tools. Real-time endpoint activity monitoring and analysis by AI-powered systems can spot irregularities and possible threats that conventional security technologies would overlook. Secure sensitive data and organizational network integrity depend on the capacity to identify zero-day attacks, ransomware, and other advanced threats at the endpoint level. The market is expanding as a result of the rising need for reliable AI-driven endpoint security solutions brought on by the growing number of connected devices.

Because of its extreme vulnerability to financial fraud and data breaches, the BFSI (Banking, Financial Services, and Insurance) industry is one of the main drivers of AI in the security market. Artificial intelligence (AI) technology provides sophisticated capabilities to identify and stop fraudulent activity, secure transactions, and safeguard client data. AI is used by financial institutions for real-time monitoring, risk assessment, and anomaly detection—tasks that are essential for upholding client confidence and adhering to strict regulatory standards. Artificial intelligence (AI) is a vital tool for the financial services industry because of its capacity to analyze vast amounts of financial data and swiftly and correctly spot questionable trends. The increasing sophistication of cyber threats directed at financial institutions is propelling the financial sector’s use of artificial intelligence (AI) in security, hence driving market expansion.

One of the main drivers of the security industry’s development is proactive threat detection. AI technologies offer proactive threat detection by continually monitoring and analyzing data to discover possible dangers before they can cause harm, in contrast to traditional security methods that respond to attacks after they happen. Security systems can anticipate and avert intrusions thanks to machine learning algorithms’ ability to learn from past data and identify anomalies. By taking a proactive stance, security breaches are less damaging and incident response takes less time and money. The capacity of AI to reduce risks and issue early warnings is attracting more and more organizations, which is fueling the growth of the AI security industry.

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AI IN SECURITY MARKET SHARE

The market for AI in security is expanding quickly in the Asia-Pacific area as a result of growing cyberthreats, a rise in the use of AI technology, and large expenditures in digital infrastructure. China, Japan, and India are leading the way in this expansion due to their developing IT sectors and government programs to strengthen cybersecurity.

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Key Companies:

NVidiaIntelXilinxSamsung ElectronicsMicronIBMCylanceThreatmetrixSecuronixAmazonSift ScienceAcalvioSkycureDarktraceSparkCognitionAntivirus Companies

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Technology

Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Pillsbury Notice of Data Breach

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

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SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

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SOURCE Fibocom Wireless Inc.

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