Market revenue in 2023 | USD 139.3 million |
Market revenue in 2030 | USD 460.8 million |
Growth rate | 18.6% (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 |
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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 69.99% in 2023. Horizon Databook has segmented the UK ai trust, risk and security management market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
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The constant increase in the number and scope of smart cities has led to the increased utilization of AI and ML algorithms for streamlining tasks such as waste removal, traffic management, and sewerage systems. These trends are expected to continue over the near future, with the U.K. government's Office for AI projecting that AI could bring approximately USD 300 billion to the U.K. economy by 2030.
In January 2021, the AI Council in the U.K. released its AI Roadmap, offering suggestions to the government regarding the strategic direction for AI. Its primary recommendation was for the government to formulate a National AI Strategy, leveraging the achievements from investments under the AI Sector Deal while remaining responsive to potential technological disruptions.
Horizon Databook provides a detailed overview of country-level data and insights on the UK ai trust, risk and security management market , including forecasts for subscribers. This country databook contains high-level insights into UK ai trust, risk and security management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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