Europe Ai Trust, Risk And Security Management Market Size & Outlook
Europe ai trust, risk and security management market, 2018-2030 (US$M)
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Europe ai trust, risk and security management market highlights
- The Europe ai trust, risk and security management market generated a revenue of USD 520.1 million in 2023.
- The market is expected to grow at a CAGR of 19.6% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 520.1 million |
| Market revenue in 2030 | USD 1,816.5 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 26.5% of the global ai trust, risk and security management market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,345.1 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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Europe 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 72.91% in 2023. Horizon Databook has segmented the Europe ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
Advancements in AI are reshaping how a range of applications and regular operations are undertaken. Furthermore, as developers make substantial progress in the enhancement of AI solutions, it becomes crucial to carefully assess the consequences of current policies on the future evolution and applications of AI technology.
The European Union intends to modulate artificial intelligence to ensure improved provisions for the development and use of innovative technologies. AI holds the potential to create numerous advantages, including improvements in healthcare, enhanced safety and cleanliness in transportation, increased efficiency in manufacturing, and the development of more affordable and sustainable energy solutions.
European nations are actively implementing specialized national strategies and digital initiatives for regulating the development and ethical use of AI. The European Commission is focusing on fostering a more unified approach to AI throughout Europe. For instance, in April 2021, the European Commission issued a legislative proposal for the first EU regulatory framework for AI.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ai trust, risk and security management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ai trust, risk and security management market size, by country, 2018-2030 (US$M)
Europe AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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