Canada Ai Trust, Risk And Security Management Market Size & Outlook
Canada ai trust, risk and security management market, 2018-2030 (US$M)
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Canada ai trust, risk and security management market highlights
- The Canada ai trust, risk and security management market generated a revenue of USD 121.2 million in 2023 and is expected to reach USD 459.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 21% 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 121.2 million |
| Market revenue in 2030 | USD 459.3 million |
| Growth rate | 21% (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, Canada accounted for 6.2% 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 North America, U.S. ai trust, risk and security management market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 459.3 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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Canada 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 71.45% in 2023. Horizon Databook has segmented the Canada ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
Through policies such as the Pan-Canadian AI Strategy and promoting research efforts undertaken by organizations such as the Canadian Institute For Advanced Research (CIFAR), the Canadian government is focusing on driving the adoption of AI technologies in Canada.
The government also provides funding and support for AI researchers and developers. National AI institutes in Canada also play a pivotal role in supporting AI innovation across the country. They train highly qualified talent through affiliated graduate programs and serve as launch pads for many AI start-ups.
Moreover, Canada's Pan-Canadian AI Strategy emphasizes ethical and responsible AI development, pushing organizations to invest in AI TRiSM solutions for compliance. As AI adoption rises, so does the need for robust security measures to protect against cyberattacks targeting AI systems.
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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 Canada ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into Canada ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada ai trust, risk and security management market size, by component, 2018-2030 (US$M)
Canada AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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