South Africa Ai Trust, Risk And Security Management Market Size & Outlook
Related Markets
South Africa ai trust, risk and security management market highlights
- The South Africa ai trust, risk and security management market generated a revenue of USD 25.8 million in 2023 and is expected to reach USD 111.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 23.2% 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 25.8 million |
| Market revenue in 2030 | USD 111.5 million |
| Growth rate | 23.2% (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, South Africa accounted for 1.3% 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 Middle East & Africa, Saudi Arabia ai trust, risk and security management market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 261.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
AI Trust, Risk And Security Management Market Scope
AI Trust, Risk And Security Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LogicManager | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.logicmanager.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| ServiceNow Inc | View profile | 22668 | 2225 Lawson Lane, Santa Clara, CA, United States, 95054 | https://www.servicenow.com |
| SAS AB | View profile | 8099 | Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 | https://www.sasgroup.net |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Dell Technologies Inc Ordinary Shares - Class C | View profile | 120000 | One Dell Way, Round Rock, TX, United States, 78682 | https://www.delltechnologies.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
South Africa 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 69.38% in 2024. Horizon Databook has segmented the South Africa ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa is set to see an acceleration in the deployment of artificial intelligence in a number of sectors. Based on a process of imitating human intelligence through the creation and application of algorithms, artificial intelligence has a promising future and represents a huge opportunity for economic development.
The regulatory framework in South Africa is examined to assess the extent to which current laws and policy align with international AI ethics principles and the values underpinning the South African Constitution. To foster the growth of artificial intelligence industries, both local and global AI research centers have been created.
As an example, in 2021, the Smart Africa Alliance, in collaboration with the South African government, released the Blueprint on Artificial Intelligence for Africa. Framing AI as a ubiquitous technology with implications for various aspects of society and the economy, the Blueprint outlines five essential pillars for a successful AI strategy in African nations.
Reasons to subscribe to South Africa ai trust, risk and security management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa ai trust, risk and security management market databook
-
Our clientele includes a mix of ai trust, risk and security management market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into South Africa ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa ai trust, risk and security management market size, by component, 2018-2030 (US$M)
South Africa AI Trust, Risk And Security Management Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
