UAE Ai Trust, Risk And Security Management Market Size & Outlook
UAE ai trust, risk and security management market, 2018-2030 (US$M)
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UAE ai trust, risk and security management market highlights
- The UAE ai trust, risk and security management market generated a revenue of USD 59.5 million in 2023 and is expected to reach USD 261.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 23.6% 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.
Ai trust, risk and security management market data book summary
| Market revenue in 2023 | USD 59.5 million |
| Market revenue in 2030 | USD 261.9 million |
| Growth rate | 23.6% (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, UAE accounted for 3.0% 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.
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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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UAE 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 67.06% in 2023. Horizon Databook has segmented the UAE ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE's focus on digital transformation and AI adoption, illustrated by initiatives like the Dubai AI Strategy 2023 and the Abu Dhabi AI Strategy 2030, is accelerating the need for robust AI governance solutions for ensuring ethical and secure implementation of AI across the country.
The UAE has enacted rigorous data privacy regulations, characterized by the introduction of the Data Protection Law in 2022. Consequently, there is a growing demand for AI governance solutions to guarantee adherence to these regulations and safeguard the privacy of user data.
Similarly, in January 2019, UAE’s Digital Dubai (previously Smart Dubai) has established an Artificial Intelligence (AI) Ethics Advisory Board and has published an Ethical AI toolkit that contains guidelines and principles for how AI systems can be used responsibly, and a tool for developers to assess their applications AI ecosystem.
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Target buyers of UAE ai trust, risk and security management market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the UAE ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into UAE ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE ai trust, risk and security management market size, by component, 2018-2030 (US$M)
UAE AI Trust, Risk And Security Management Market Outlook Share, 2023 & 2030 (US$M)
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