Germany Ai Trust, Risk And Security Management Market Size & Outlook
Germany ai trust, risk and security management market, 2018-2030 (US$M)
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Germany ai trust, risk and security management market highlights
- The Germany ai trust, risk and security management market generated a revenue of USD 152.6 million in 2023 and is expected to reach USD 486.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 18% 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 152.6 million |
| Market revenue in 2030 | USD 486.8 million |
| Growth rate | 18% (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, Germany accounted for 7.8% 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 Europe, Germany ai trust, risk and security management market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 299.7 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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Germany 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 66.06% in 2023. Horizon Databook has segmented the Germany ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The German Federal Government introduced its national Artificial Intelligence Strategy in November 2018 with the goal of creating AI made in Germany as a globally recognized trademark for state-of-the-art, secure AI applications. Aligning with this strategy, the government has committed to allocating over USD 5 billion to support its implementation.
The Artificial Intelligence Strategy aims to help shape a holistic policy for responsible research, development, and application of AI in Germany. This is likely to further strengthen Germany’s position as an internationally competitive center of AI research, development, and application.
The strategy emphasizes the importance of government administrators leveraging AI to enhance the quality and efficiency of citizen services. This involves making data accessible, facilitating its utilization, and reviewing the need for ethical guidelines and legislative reforms related to algorithms and AI-driven decisions, services, and products.
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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 Germany ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into Germany ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ai trust, risk and security management market size, by component, 2018-2030 (US$M)
Germany AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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