AI Governance Market 2020: Size, Share & Trends Analysis Report By Product, Delivery Mode, Development Phase, End Use And Forecast 2025

1
AI Governance Market

• by Component (Platform and Services (Support
  Maintenance, Consulting, and Integration)),
  Technology (Natural Language Processing, Computer
  Vision, Machine Learning, and Others), Industry
  Verticals (BFSI, IT Telecom, Healthcare,
  Retail, Government Defense, automotive, and
  Others), and Region (North America, Europe,
  Asia-Pacific, Middle East Africa, and South
  America), Global Forecast, 2018 to 2025

Single Use License US 4400
Request Sample
2
AI Governance Market Size and Share 2025

• The global AI governance market size is projected
  to reach USD 363 million by 2025. Also, it is
  projected to gather a CAGR of nearly 43 over the
  forecast period 2018-2025. The governance is a
  framework of legal and ethical processes that
  comprise governing the machine learning
  algorithms that are being used for decision
  making. AI governance mainly focuses on areas
  related to data quality, justice, and autonomy.
  The increasing need to build generate trust in AI
  systems to take the benefit of AI technology and
  need to bring transparency in AI-based decisions
  are driving the demand for AI governance
  solutions and services.
• The current and future AI governance market
  advances are defined to state the attractiveness
  of the market. Key impacting aspects focus on the
  AI governance of market opportunities during the
  forecast period. Factors such as increasing
  regulatory compliance about AI technology are
  driving the market growth. Also, the growing need
  to bring transparency in AI decisions is among
  the factors boosting the global AI governance
  market growth. However, high initial investment
  costs are expected to hamper the market growth.
  Furthermore, the advent of 5G technology and lack
  of skills and expertise are anticipated to
  provide growth opportunities for the AI
  governance market in the upcoming years.
• The report also highlights various aspects of the
  global AI governance industry by analyzing the
  market through value chain analysis. Besides, the
  AI governance market report covers different
  qualitative aspects of the AI governance industry
  in market drivers, key industry opportunities,
  and restraints. Furthermore, the report proposes
  a comprehensive valuation of the market
  competitiveness along with company profiling of
  residents as well as global vendors.

3
AI Governance Market Size and Share 2025

• The AI governance market has solid competition
  among the early established and new players.
  Also, to capture a competitive advantage over the
  other industry players many industry players are
  aiming potential markets by forming collaboration
  and partnerships, agreements, mergers
  acquisitions, acquiring new startups other
  companies, and escalating their business
  presence.
• In terms of the component segment, the market is
  divided into platforms and services. The service
  segment accumulated the highest growth and it is
  expected to keep its position during the forecast
  period. On the contrary, the growth of this
  segment is primarily accredited to the increasing
  need to achieve and build strategic business
  goals. The services segment has been further
  segmented into support maintenance, consulting,
  and integration. In the year 2019, the platform
  segment accounted for the highest market revenue
  and it is anticipated to hold the major market
  share throughout the forecast period.
• The European region is projected to experience
  the highest growth throughout the forecast
  period. However, The North American region
  dominated the overall market in 2019 and it is
  expected to keep its position throughout the
  forecast period 2018-2025. The dominance of this
  region is mainly attributed to the on-going
  development and research on building autonomous
  cars in this region.
• The major players of the global AI governance
  market are Amazon Web Services, Facebook, IBM,
  FICO, SAP, H2O.ai, SAS Institute, Salesforce,
  Microsoft, and Intel Corporation. Moreover, the
  other prospective players in the AI governance
  market are Pymetrics, integrate.ai, 2021.AI, Fair
  Isaac Corporation, and ZestFinance. The
  recognized companies are coming up with
  innovative and new AI governance solutions. The
  AI Governance market comprises well established
  local as well as global players. In addition, the
  previously recognized market players are coming
  up with new advanced solutions to stay
  competitive in the global market.

4
AI Governance Market Size and Share 2025

• Component Overview, 2018-2025 (USD Million)
• Platform
• Services
• Support Maintenance
• Consulting
• Integration
• Technology Overview, 2018-2025 (USD Million)
• Natural Language Processing
• Computer Vision
• Machine Learning
• Others
• Industry Verticals Overview, 2018-2025 (USD
  Million)
• BFSI
• IT Telecom
• Healthcare
• Retail
• Government Defense
• Automotive
• Others

5
About Us

• Adroit Market Research is an India-based business
  analytics and consulting company. Our target
  audience is a wide range of corporations,
  manufacturing companies, product/technology
  development institutions and industry
  associations that require understanding of a
  markets size, key trends, participants and
  future outlook of an industry. We intend to
  become our clients knowledge partner and provide
  them with valuable market insights to help create
  opportunities that increase their revenues. We
  follow a code Explore, Learn and Transform. At
  our core, we are curious people who love to
  identify and understand industry patterns, create
  an insightful study around our findings and churn
  out money-making roadmaps. Our analysts have
  tracked high growth markets in chemicals
  materials, healthcare pharmaceuticals,
  semiconductor electronics, energy power, food
  retail, consumer goods, technology, and
  machinery equipment sectors across the world to
  identify new opportunities, potential customers,
  prepare go-to-market (GTM) strategies, identify
  segments for revenue growth for companies, and
  many more.

• US Headquarters3131 McKinney Ave Ste 600
  Dallas, TX 75204 ,U.S.A 

• Phone [phone]
• Email sales_at_adroitmarketresearch.com