The State of Digital Trust 2022 survey report from ISACA highlights major gaps between what businesses are doing now and what they should be doing to build leadership and win customers' trust in the future digital ecosystem, as businesses around the world compete for digital transformation. ISACA defines digital trust as the confidence in the integrity of relationships, interactions and transactions among providers and consumers within an associated digital ecosystem. It is a driving factor in consumer decisions and enterprise resilience in a digital-dominated environment. Among respondents based in India, 53% are very confident and 24% are completely confident about the digital trustworthiness of their organization, and 82% said roles in IT strategy/governance help strengthen digital trust. However, only 24% have a complete understanding of digital trust. In the coming five years, 85% say digital trust will be more or much more important than it is today but 57% of organisations still do not provide training in digital trust.

“Digital trust is the bedrock of business relationships, and is critical for strategic digital transformation,” said David Samuelson, chief executive officer, ISACA. “Innovation, market leadership and financial performance rely heavily on trust that must be earned every day.”

Organisations with low levels of digital trust suffer from many consequences, according to India respondents—with the top five being 1) loss of customers, 2) more cybersecurity incidents, 3) more privacy breaches, 4) reputation deduction, and 5) having less reliable data on which to make decisions. Survey findings show that analytics and metrics are highly valued, with, 82% indicating that it is very or extremely important to measure it, and 46% saying their organization measures the maturity of its digital trust practises; however, 31% are unsure if their organization currently measures its digital trust maturity.

Obstacles: According to 194 survey respondents in India, the most significant obstacles to digital trust are lack of staff skills and training (56%), lack of leadership buy-in (49%), lack of alignment of digital trust and enterprise goals (49%), lack of technological resources (47%) and insufficient processes and/or governance practices (41%).

Benefits of Digital Trust:

Enterprises experience a range of key benefits when they prioritize digital trust in their strategic planning. According to respondents in India, high levels of digital trust are more likely to lead to:

• Positive reputations – 70%
• Stronger customer loyalty – 61%
• More reliable data on which to make decisions – 58%
• Fewer cybersecurity incidents – 55%
• Fewer privacy breaches – 53%
• Ability to innovate faster because of the confidence in their technology and systems – 51%
• Higher revenue – 35%

Growth Opportunity:

Despite the global efforts such as the Digital Trust Initiative from the World Economic Forum, only 10% and 40% of respondents in India are extremely or very familiar with the term “digital trust” respectively. The respondents also think digital trust is extremely important; 42% and 47% choose trust as extremely important and very important, respectively, for an organisation and 35% consider the senior leadership team to be responsible for digital trust. According to the survey, 30% and 56% respondents also say that digital trust is extremely and very important in digital transformation, respectively. Respondents in India consider the main components of digital trust to be security, privacy, data integrity, and risk management, and 68% agree or strongly agree that there is sufficient collaboration at their organization among professionals who work in these fields. Excepting IT strategy, survey respondents indicate that

the other top roles focused on strengthening digital trust are security (79%), information technology (73%) and risk and compliance (71%).

Learn More

For resources on digital trust, including an introductory digital trust course and complimentary digital trust guides, visit www.isaca.org/digital-trust. The State of Digital Trust report is available as a free download at www.isaca.org/state-of-digital-trust.

About ISACA

ISACA^® (www.isaca.org) is a global community advancing individuals and organizations in their pursuit of digital trust. For more than 50 years, ISACA has equipped individuals and enterprises with the knowledge, credentials, education, training and community to progress their careers, transform their organizations, and build a more trusted and ethical digital world. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy and quality. It has a presence in 188 countries, including 225 chapters worldwide. Through its foundation One in Tech, ISACA supports IT education and career pathways for under resourced and underrepresented populations.

The market study covers the Saudi Arabia Zero Emission Vehicle Market crosswise segments. It purposes at estimating the market size and the growth prospective of the market segments, such as supplier, application, organization size, and business vertical. The study also includes a detailed competitive analysis of the key players in the market, along with their enterprise profiles, key observations related to product and industry offerings, new developments, and key market plans.

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We are Now Including the Impact Analysis of COVID-19 in this Premium Report and the Forecast Period of this Report shall be Revised to 2022-2028.

The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.

A complete view of the zero-emission vehicle industry is provided based on definitions, product classification, applications, and major players driving Saudi Arabia zero-emission vehicle market share and revenue. The information in the form of graphs, and pie charts will lead to an easy analysis of an industry. The market share of top leading players, their plans and business policies, and growth factors will help other players in gaining useful business tactics.

The forecast for Saudi Arabia zero-emission vehicle market information is based on the present market situation, growth opportunities, development factors, and the opinion of the industry experts. An in-depth analysis of the company profiles, zero-emission vehicle market revenue at the country level, and its applications are conducted.  The analysis of downstream buyers, sales channels, raw materials, and industry verticals is offered in this report.

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Segments Covered in this Premium Report:

The report on Saudi Arabia zero-emission vehicle market provides a detailed analysis of segments in the market based on vehicle class, vehicle type, and vehicle drive type.

Segmentation Based on Vehicle Class

• Passenger Cars
• Commercial Vehicles
• Two Wheelers

Segmentation Based on Vehicle Type

• BEV
• PHEV
• FCEV
• Solar Vehicles

Segmentation Based on Vehicle Drive Type

• Front Wheel Drive
• Rear Wheel Drive
• All Wheel Drive

Highlights of the Report

The report provides detailed insights into:

 1) Demand and supply conditions of the zero-emission vehicle market

 2) Factors affecting the zero-emission vehicle market in the short run and the long run

 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors

 4) Key trends and future prospects

 5) Leading companies operating in the zero-emission vehicle market and their competitive position in Saudi Arabia

 6) The dealers/distributors profiles provide basic information on the top 10 dealers & distributors operating in (Saudi Arabia) the zero-emission vehicle market

 7) IGR Matrix: to position the product types

 8) Market estimates up to 2028

 The report answers questions such as:

 1) What is the market size of the zero-emission vehicle market in Saudi Arabia?

 2) What are the factors that affect the growth in the zero-emission vehicle market over the forecast period?

 3) What is the competitive position in Saudi Arabia zero-emission vehicle market?

 4) What are the opportunities in Saudi Arabia zero-emission vehicle market?

 5) What are the modes of entering Saudi Arabia zero-emission vehicle market?

Table of Content

Chapter - 1.     Report Overview

1.1.  Report Description

1.2.  Research Methods

1.3.  Research Approaches

Chapter - 2.     Executive Summary

Chapter - 3.     Market Overview

3.1.  Introduction

3.2.  Market Dynamics

3.2.1.     Drivers

3.2.2.     Restraints

3.2.3.     Opportunities

3.2.4.     Challenges

3.3.  PEST-Analysis

3.4.  Porter's Diamond Model for Saudi Arabia Zero Emission Vehicle Market

3.5.  IGR-Growth Matrix Analysis

3.6.  Competitive Landscape in Saudi Arabia Zero Emission Vehicle Market

Chapter - 4.     Saudi Arabia Zero Emission Vehicle Market by Vehicle Class

4.1.  Passenger Cars

4.2.  Commercial Vehicles

4.3.  Two Wheelers

Chapter - 5.     Saudi Arabia Zero Emission Vehicle Market by Vehicle Type

5.1.  BEV

5.2.  PHEV

5.3.  FCEV

5.4.  Solar Vehicles

Chapter - 6.     Saudi Arabia Zero Emission Vehicle Market by Vehicle Drive Type

6.1.  Front Wheel Drive

6.2.  Rear Wheel Drive

6.3. All-Wheel Drive

Chapter - 7.     Company Profiles

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Research Methodology:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the zero-emission vehicle market. Moreover, the study highlights current market trends and provides forecasts for 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period.

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