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LAMEA AI Trust, Risk and Security Management Market Size, Share & Trends Analysis Report By Deployment Mode, By Component, By Application, By Type, By Enterprise Size, By End-use, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 184 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955287
Description Jump to:
The Latin America, Middle East and Africa AI Trust, Risk And Security Management Market would witness market growth of 22.9% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA AI Trust, Risk And Security Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $174.3 million by 2031. The Argentina market is showcasing a CAGR of 23.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 22.6% during (2024 - 2031).



As per the International Trade administration (ITA), AI continued to mature in Brazil and exceeded US$1 billion in spending in 2023, representing a 33% increase year-over-year. Spending on Intelligent Process Automation (IPA) exceeded US$214 million in 2023, marking an increase of about 17% from the previous year. Furthermore, in 2023, spending on infrastructure as a service (IaaS) plus platform as a service (PaaS) exceeded US$4.5 billion, growing 41% from 2022.

The applications of AI trust, risk and security management are diverse and encompass various industries and domains, reflecting the critical need to safeguard AI-driven systems and applications from cybersecurity threats and ethical concerns. For example, the financial services sector utilizes AI trust, risk and security management solutions for fraud detection and prevention. Advanced AI algorithms analyze transactional data, user behavior, and historical patterns to identify abnormal activities indicative of fraudulent behavior, such as unauthorized access, account takeover, and payment fraud.

The UAE invests heavily in developing modern infrastructure to support smart city initiatives. According to the United Arab Emirates Ministry of Economy, the Smart Cities & Artificial Intelligence Plan (2018-2022) is a project in smart cities for managing infrastructure using Information & Internet of Things Technology. The National Smart Mobility Strategy of the United Arab Emirates, also known as the National Artificial Intelligence Strategy 2031, endeavors to establish the UAE as a frontrunner in artificial intelligence internationally by 2031. AI-driven security management solutions are critical in protecting citizen data, enforcing privacy controls, and maintaining trust in smart city initiatives. Hence, the increasing number of smart cities and the growing adoption of AI in the region's healthcare sector are driving the market's growth.

Based on Deployment Mode, the market is segmented into On-premise, and Cloud. Based on Component, the market is segmented into Solution, and Services. Based on Application, the market is segmented into Governance & Compliance, Bias Detection & Mitigation, Security & Anomaly Detection, and Privacy Management. Based on Type, the market is segmented into Explainability, ModelOps, Data Anomaly Detection, Data Protection, and AI Application Security. Based on Enterprise Size, the market is segmented into Large Enterprise, and Small & Medium Enterprise. Based on End-use, the market is segmented into Telecom & IT, Government, Healthcare, BFSI, Media & Entertainment, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • AT&T Inc.
  • IBM Corporation
  • LogicManager, Inc.
  • RSA Security LLC (Symphony Technology Group)
  • SAP SE
  • SAS Institute, Inc.
  • ServiceNow, Inc.
  • Hewlett Packard enterprise Company
  • Oracle Corporation
  • Moody's Analytics, Inc. (Moody’s Corporation)

Market Report Segmentation

By Deployment Mode
  • On-premise
  • Cloud
By Component
  • Solution
  • Services
By Application
  • Governance & Compliance
  • Bias Detection & Mitigation
  • Security & Anomaly Detection
  • Privacy Management
By Type
  • Explainability
  • ModelOps
  • Data Anomaly Detection
  • Data Protection
  • AI Application Security
By Enterprise Size
  • Large Enterprise
  • Small & Medium Enterprise
By End-use
  • Telecom & IT
  • Government, Healthcare
  • BFSI, Media & Entertainment
  • Manufacturing
  • Retail & eCommerce
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA AI Trust, Risk And Security Management Market, by Deployment Mode
1.4.2 LAMEA AI Trust, Risk And Security Management Market, by Component
1.4.3 LAMEA AI Trust, Risk And Security Management Market, by Application
1.4.4 LAMEA AI Trust, Risk And Security Management Market, by Type
1.4.5 LAMEA AI Trust, Risk And Security Management Market, by Enterprise Size
1.4.6 LAMEA AI Trust, Risk And Security Management Market, by End-use
1.4.7 LAMEA AI Trust, Risk And Security Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in AI Trust, Risk And Security Management Market
4.3 Porter Five Forces Analysis
Chapter 5. LAMEA AI Trust, Risk And Security Management Market by Deployment Mode
5.1 LAMEA On-premise Market by Country
5.2 LAMEA Cloud Market by Country
Chapter 6. LAMEA AI Trust, Risk And Security Management Market by Component
6.1 LAMEA Solution Market by Country
6.2 LAMEA Services Market by Country
Chapter 7. LAMEA AI Trust, Risk And Security Management Market by Application
7.1 LAMEA Governance & Compliance Market by Country
7.2 LAMEA Bias Detection & Mitigation Market by Country
7.3 LAMEA Security & Anomaly Detection Market by Country
7.4 LAMEA Privacy Management Market by Country
Chapter 8. LAMEA AI Trust, Risk And Security Management Market by Type
8.1 LAMEA Explainability Market by Country
8.2 LAMEA ModelOps Market by Country
8.3 LAMEA Data Anomaly Detection Market by Country
8.4 LAMEA Data Protection Market by Country
8.5 LAMEA AI Application Security Market by Country
Chapter 9. LAMEA AI Trust, Risk And Security Management Market by Enterprise Size
9.1 LAMEA Large Enterprise Market by Country
9.2 LAMEA Small & Medium Enterprise Market by Country
Chapter 10. LAMEA AI Trust, Risk And Security Management Market by End-use
10.1 LAMEA Telecom & IT Market by Country
10.2 LAMEA Government Market by Country
10.3 LAMEA Healthcare Market by Country
10.4 LAMEA BFSI Market by Country
10.5 LAMEA Media & Entertainment Market by Country
10.6 LAMEA Manufacturing Market by Country
10.7 LAMEA Retail & eCommerce Market by Country
10.8 LAMEA Others Market by Country
Chapter 11. LAMEA AI Trust, Risk And Security Management Market by Country
11.1 Brazil AI Trust, Risk And Security Management Market
11.1.1 Brazil AI Trust, Risk And Security Management Market by Deployment Mode
11.1.2 Brazil AI Trust, Risk And Security Management Market by Component
11.1.3 Brazil AI Trust, Risk And Security Management Market by Application
11.1.4 Brazil AI Trust, Risk And Security Management Market by Type
11.1.5 Brazil AI Trust, Risk And Security Management Market by Enterprise Size
11.1.6 Brazil AI Trust, Risk And Security Management Market by End-use
11.2 Argentina AI Trust, Risk And Security Management Market
11.2.1 Argentina AI Trust, Risk And Security Management Market by Deployment Mode
11.2.2 Argentina AI Trust, Risk And Security Management Market by Component
11.2.3 Argentina AI Trust, Risk And Security Management Market by Application
11.2.4 Argentina AI Trust, Risk And Security Management Market by Type
11.2.5 Argentina AI Trust, Risk And Security Management Market by Enterprise Size
11.2.6 Argentina AI Trust, Risk And Security Management Market by End-use
11.3 UAE AI Trust, Risk And Security Management Market
11.3.1 UAE AI Trust, Risk And Security Management Market by Deployment Mode
11.3.2 UAE AI Trust, Risk And Security Management Market by Component
11.3.3 UAE AI Trust, Risk And Security Management Market by Application
11.3.4 UAE AI Trust, Risk And Security Management Market by Type
11.3.5 UAE AI Trust, Risk And Security Management Market by Enterprise Size
11.3.6 UAE AI Trust, Risk And Security Management Market by End-use
11.4 Saudi Arabia AI Trust, Risk And Security Management Market
11.4.1 Saudi Arabia AI Trust, Risk And Security Management Market by Deployment Mode
11.4.2 Saudi Arabia AI Trust, Risk And Security Management Market by Component
11.4.3 Saudi Arabia AI Trust, Risk And Security Management Market by Application
11.4.4 Saudi Arabia AI Trust, Risk And Security Management Market by Type
11.4.5 Saudi Arabia AI Trust, Risk And Security Management Market by Enterprise Size
11.4.6 Saudi Arabia AI Trust, Risk And Security Management Market by End-use
11.5 South Africa AI Trust, Risk And Security Management Market
11.5.1 South Africa AI Trust, Risk And Security Management Market by Deployment Mode
11.5.2 South Africa AI Trust, Risk And Security Management Market by Component
11.5.3 South Africa AI Trust, Risk And Security Management Market by Application
11.5.4 South Africa AI Trust, Risk And Security Management Market by Type
11.5.5 South Africa AI Trust, Risk And Security Management Market by Enterprise Size
11.5.6 South Africa AI Trust, Risk And Security Management Market by End-use
11.6 Nigeria AI Trust, Risk And Security Management Market
11.6.1 Nigeria AI Trust, Risk And Security Management Market by Deployment Mode
11.6.2 Nigeria AI Trust, Risk And Security Management Market by Component
11.6.3 Nigeria AI Trust, Risk And Security Management Market by Application
11.6.4 Nigeria AI Trust, Risk And Security Management Market by Type
11.6.5 Nigeria AI Trust, Risk And Security Management Market by Enterprise Size
11.6.6 Nigeria AI Trust, Risk And Security Management Market by End-use
11.7 Rest of LAMEA AI Trust, Risk And Security Management Market
11.7.1 Rest of LAMEA AI Trust, Risk And Security Management Market by Deployment Mode
11.7.2 Rest of LAMEA AI Trust, Risk And Security Management Market by Component
11.7.3 Rest of LAMEA AI Trust, Risk And Security Management Market by Application
11.7.4 Rest of LAMEA AI Trust, Risk And Security Management Market by Type
11.7.5 Rest of LAMEA AI Trust, Risk And Security Management Market by Enterprise Size
11.7.6 Rest of LAMEA AI Trust, Risk And Security Management Market by End-use
Chapter 12. Company Profiles
12.1 AT&T, Inc.
12.1.1 Company Overview
12.1.2 Financial Analysis
12.1.3 Segmental and Regional Analysis
12.1.4 Recent strategies and developments:
12.1.4.1 Product Launches and Product Expansions:
12.1.5 SWOT Analysis
12.2 IBM Corporation
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Regional & Segmental Analysis
12.2.4 Research & Development Expenses
12.2.5 Recent strategies and developments:
12.2.5.1 Partnerships, Collaborations, and Agreements:
12.2.5.2 Product Launches and Product Expansions:
12.2.6 SWOT Analysis
12.3 LogicManager, Inc.
12.3.1 Company Overview
12.3.2 SWOT Analysis
12.4 RSA Security LLC (Symphony Technology Group)
12.4.1 Company Overview
12.4.2 SWOT Analysis
12.5 SAP SE
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Regional Analysis
12.5.4 Research & Development Expense
12.5.5 Recent strategies and developments:
12.5.5.1 Partnerships, Collaborations, and Agreements:
12.5.6 SWOT Analysis
12.6 SAS Institute, Inc.
12.6.1 Company Overview
12.6.2 SWOT Analysis
12.7 ServiceNow, Inc.
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Regional Analysis
12.7.4 Research & Development Expenses
12.7.5 Recent strategies and developments:
12.7.5.1 Partnerships, Collaborations, and Agreements:
12.7.6 SWOT Analysis
12.8 Hewlett Packard Enterprise Company
12.8.1 Company Overview
12.8.2 Financial Analysis
12.8.3 Segmental and Regional Analysis
12.8.4 Research & Development Expense
12.8.5 SWOT Analysis
12.9 Oracle Corporation
12.9.1 Company Overview
12.9.2 Financial Analysis
12.9.3 Segmental and Regional Analysis
12.9.4 Research & Development Expense
12.9.5 SWOT Analysis
12.10. Moody's Analytics, Inc. (Moody’s Corporation)
12.10.1 Company Overview
12.10.2 Financial Analysis
12.10.3 Segmental and Regional Analysis
12.10.4 Recent strategies and developments:
12.10.4.1 Partnerships, Collaborations, and Agreements:
12.10.5 SWOT Analysis

Companies Mentioned

  • AT&T Inc.
  • IBM Corporation
  • LogicManager, Inc.
  • RSA Security LLC (Symphony Technology Group)
  • SAP SE
  • SAS Institute, Inc.
  • ServiceNow, Inc.
  • Hewlett Packard enterprise Company
  • Oracle Corporation
  • Moody's Analytics, Inc. (Moody’s Corporation)

Methodology

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