Brazil Ai Trust, Risk And Security Management Market Size & Outlook
Brazil ai trust, risk and security management market, 2018-2030 (US$M)
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Brazil ai trust, risk and security management market highlights
- The Brazil ai trust, risk and security management market generated a revenue of USD 40.1 million in 2023 and is expected to reach USD 163.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 22.2% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Ai trust, risk and security management market data book summary
| Market revenue in 2023 | USD 40.1 million |
| Market revenue in 2030 | USD 163.4 million |
| Growth rate | 22.2% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | AT&T, International Business Machines Corp, SAP SE, ServiceNow Inc, Hewlett Packard Enterprise Co, LogicManager, Dell Technologies Inc Ordinary Shares - Class C, SAS AB |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global ai trust, risk and security management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ai trust, risk and security management market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 163.4 million by 2030.
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AI Trust, Risk And Security Management Market Scope
AI Trust, Risk And Security Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil ai trust, risk and security management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai trust, risk and security management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 74.81% in 2023. Horizon Databook has segmented the Brazil ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The rapid growth in the integration of AI into various domains is leading to increased concerns about potential risks associated with AI solutions and services, including biases, security vulnerabilities, and lack of explainability. This awareness is driving the demand for AI TRiSM solutions to comply with existing regulations such as the General Data Protection Law (LGPD).
Technological developments in the field of Artificial Intelligence in Brazil have been accompanied by intense discussions about the need to develop legal, regulatory, and ethical parameters to guide the development and application of technology. In April 2021, the Brazilian Artificial Intelligence Strategy (Estratégia Brasileira de Inteligência Artificial, EBIA) was published.
It underwent a three-stage development process. The initial stage involved acquiring a consultant with expertise in AI, the second stage concentrated on a comprehensive national and international benchmarking process, and the third stage included the execution of a public consultation through the federal government’s electronic platform.
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Our clientele includes a mix of ai trust, risk and security management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into Brazil ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil ai trust, risk and security management market size, by component, 2018-2030 (US$M)
Brazil AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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