AI Governance Market Global Trend 2020, Gross Earning and Emerging Growth Opportunity 2028 | IBM, Google, Facebook, Microsoft, Salesforce, SAP, SAS Institute

The AI Governance Market report highlights market opportunities and competitive scenarios for AI governance on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the AI governance market.

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Artificial intelligence or AI is the buzzword of present times. Rise in government initiatives and measures for optimal utilization of AI technology and for making AI systems more trustable. Furthermore, there has been a rising demand for more transparency in decisions pertaining to AI technology. These factors are likely to fuel growth of the global AI governance market. However, better understanding of AI skills and data are required for leveraging its benefits in years to come.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o IBM
o Google
o Facebook
o AWS
o Microsoft
o Salesforce
o SAP
o SAS Institute
o integrate.ai
o H2O.ai
o FICO
o 2021.AI
o ZestFinance
o Pymetrics

AI governance is the concept that a legal framework should be in place to ensure that machine learning (ML) techniques are well studied and created to help humanity operate reasonably through the implementation of AI systems. Addressing problems related to the right to be notified and possible violations, AI governance seeks to close the gulf in technological development between accountability and ethics.
The growing interest of the government bodies to leverage artificial intelligence technology is the key factor driving the growth of the market. In addition, the increasing need for transparency in the decision-making process, and developing trust on the AI systems are some other factors propelling the market growth. However, the introduction of the extensive ethical principles for AI expected to hamper the market growth.

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Regional Outlook:

North America is expected to hold the largest market size in the global AI governance market, while Europe is expected to grow at the highest CAGR during the forecast period. North America is expected to be the leading region in terms of adopting and developing AI governance solutions.

There are various developments happening in the European region owing to AI governance, which is why Europe is projected to grow at the fastest rate during the forecast period. The adoption of AI-powered services is expected to grow in the region, owing to the growing ethical issues across AI technology and increasing need to build legal framework to ensure the ML algorithm is developed for the good cause of humanity.

Market Segmentation:

By Component:
o Solutions
Platforms
Software Tools
o Services

By Vertical:

o BFSI
o Healthcare And Life Sciences
o Government And Defense
o Telecom
o Retail
o Automotive

By Region:

North America
o North America, by Country
US
Canada
Mexico
o North America, by Component
o North America, by Vertical

Western Europe
o Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
o Western Europe, by Component
o Western Europe, by Vertical

Asia Pacific
o Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
o Asia Pacific, by Component
o Asia Pacific, by Vertical

Eastern Europe
o Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
o Eastern Europe, by Component
o Eastern Europe, by Vertical

Middle East
o Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
o Middle East, by Component
o Middle East, by Vertical

Rest of the World
o Rest of the World, by Country
South America
Africa
o Rest of the World, by Component
o Rest of the World, by Vertical

Reasons to Buy This Report:

o Offers unique insights into the decision-making process for every possible segment that aids in strategic decision making.
o Market size estimate of regionally and internationally focused AI governance market.

o Unique research methodology based on the dynamics of the AI governance market.
o Identification of major companies operating in the industry with key strategies adopted in recent years
o Exhaustive scope to help each stakeholder across the value chain of the AI governance market.

Customization:

This study is customized to meet your specific requirements:

o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

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