The ai trust, risk and security management global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
AI Trust, Risk And Security Management Market, 2024 report by The Business
Research Company offers comprehensive insights into the current state of the
market and highlights future growth opportunities.
Market Size -
The AI trust, risk and security management market size has grown rapidly in
recent years. It will grow from $2.12 billion in 2023 to $2.49 billion in 2024
at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic
period can be attributed to growing trust in ai, increasing awareness of ai
capabilities, increasing data proliferation, expansion of I0T and connected
devices, and increasing cloud adoption.
The AI trust, risk and security management market size is expected to see rapid
growth in the next few years. It will grow to $4.64 billion in 2028 at a
compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period
can be attributed to increasing cybersecurity threats, increasing demand for
personalized risk management solutions, increasing cross-industry adoption,
increasing demand for real-time analysis, increasing use of ai in fraud
detection, rising concerns over ai ethics and privacy. Major trends in the
forecast period include technological advancements, advances in autonomous
security systems, advancements in blockchain technology, advances in ai and
machine learning, and cross-sector collaboration.
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Scope Of AI Trust, Risk And Security Management Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
AI Trust, Risk And Security Management Market Overview
Market Drivers -
Increasing cyber threats are expected to propel the growth of the AI trust,
risk, and security management market going forward. Cyber threats are malicious
activities conducted through digital networks or systems aimed at causing
damage, stealing data, or disrupting operations. AI trust, risk, and security
management are useful for preventing cyber threats by enabling early detection
and proactive mitigation of potential risks. For instance, in November 2022,
according to the Australian Cyber Security Centre, an Australia-based
government agency, the number of cybercrime reports received in 2021-2022 was
76,000, an increase of nearly 13% from the 2020-2021 financial year. Therefore,
increasing cyber threats are driving the growth of the AI trust, risk, and
security management market.
Market Trends -
Major companies operating in the AI trust, risk and security management market
are focused on developing a secure AI framework to increase their profitability
in the market. A Secure AI Framework for AI Trust, Risk, and Security
Management is a set of guidelines and best practices designed to ensure the
ethical, transparent, and safe use of AI technologies, minimizing risks and
enhancing trustworthiness. For instance, in June 2023, Google LLC, a US-based
technology company, launched SAIF, representing a robust security
infrastructure for AI. It focuses on solid security bases, effective data
management, uniform platform regulations, and efficient security and compliance
strategies while adapting AI deployment controls. SAIF also incorporates
Google's top practices in software safety, centering on ethical AI creation and
utilization.
The ai trust, risk and security management market covered in this report is
segmented –
1) By Component: Solution, Services
2) By Deployment Mode: On-Premises, Cloud Based
3) By Enterprise Size: Large Enterprise, Small And Medium-Sized Enterprise
4) By Application: Banking, Financial Services, And Insurance(BFSI), Retail And
E-Commerce, Healthcare, Automotive, Energy And Utilities, Other Applications
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Regional Insights -
North America was the largest region in the AI trust, risk, and security
management market in 2023. Asia Pacific is expected to be the fastest-growing
region in the forecast period. The regions covered in the ai trust, risk and
security management market report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East, Africa.
Key Companies -
Google LLC, AT&T Inc., International Business Machines Corporation, Oracle
Corporation, SAP SE, ARTHUR.ai, ServiceNow Inc., Palo Alto Networks Inc.,
Moody's Analytics Inc., Fortinet Inc., SAS Institute Inc., F5 Networks Inc.,
LogicManager Inc., Check Point Software Technologies Ltd., McAfee Corp., Trend
Micro Inc., CrowdStrike Holdings Inc., Proofpoint Inc., Zscaler Inc., Sophos
Ltd., RSA Security LLC, Rapid7, CyberArk Software Ltd., FireEye Inc., Darktrace
Holdings Limited
Table of Contents
1. Executive Summary
2. AI Trust, Risk And Security Management Market Report Structure
3. AI Trust, Risk And Security Management Market Trends And Strategies
4. AI Trust, Risk And Security Management Market – Macro Economic Scenario
5. AI Trust, Risk And Security Management Market Size And Growth
…..
27. AI Trust, Risk And Security Management Market Competitor Landscape And
Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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