India Ai Trust, Risk And Security Management Market Size & Outlook
India ai trust, risk and security management market, 2018-2030 (US$M)
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India ai trust, risk and security management market highlights
- The India ai trust, risk and security management market generated a revenue of USD 92.1 million in 2023 and is expected to reach USD 520.0 million by 2030.
- The India market is expected to grow at a CAGR of 28.1% 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 92.1 million |
| Market revenue in 2030 | USD 520.0 million |
| Growth rate | 28.1% (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, India accounted for 4.7% 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 Asia Pacific, China ai trust, risk and security management market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 297.9 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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India 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 73.07% in 2023. Horizon Databook has segmented the India ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
In India, AI-based applications have been driven largely by the private sector. As AI becomes more integrated into business processes and decision-making, concerns about potential risks such as biases, security vulnerabilities, and lack of explainability are increasing. This awareness is driving the demand for AI TRiSM solutions to mitigate these risks and comply with emerging regulations, including the Personal Data Protection Bill (PDP Bill).
The rapid advancements in artificial intelligence are attracting the attention of policymakers in India. The Indian government is recognizing AI as a pivotal component of its national security strategy, fostering AI-based innovation and developing infrastructure for AI technologies. This also includes preparing the job market and skills sector for the changes that AI will bring about.
The Indian government is actively promoting AI development and adoption through initiatives such as the National Program on Artificial Intelligence (NPAI) and the Digital India initiative. These initiatives provide funding, infrastructure, and support for AI research and development.
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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 India ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into India ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India ai trust, risk and security management market size, by component, 2018-2030 (US$M)
India AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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