AI Governance Market Size Worth $ 334.9 Million By 2026 | CAGR: 46.9%
The
global AI Governance market size is expected to
reach USD 334.9 million by 2026 according to a new study by WhipSmart Market Intelligence Research. The
report “AI Governance Market by Component (Solutions (Platforms and
Software Tools) and Services), Vertical (BFSI, Healthcare and Life Sciences,
Government and Defense, Telecom, Retail, and Automotive); By Regions, Segments
& Forecast, 2019 - 2026” gives a detailed insight into current
market dynamics and provides analysis on future market growth.
The
report covers the COVID-19 impact on the AI Governance market. The COVID-19
Impact analysis will help you to understand the future market growth in the AI
Governance market.
The
AI governance encompasses the polices and therefore the legal arrangements so
as to style, develop, supervise algorithms and models of machine learning (ML).
the govt must focus the eye on transparent, ethical and accountable usage of
the AI systems, which successively will end in enhancing the outcomes and
measures maximum optimization of AI technology. The AI governance widely finds
its applicability within the process of higher cognitive process, logistic
computations, and others.
Growing
need for decision-making process, and developing trust on the AI systems are
some other factors driving the market growth. The rising awareness of the
government bodies to leverage artificial intelligence technology is the key
factor propelling the growth of the market.
In
the global AI governance market, North America is predictable to occur as a
leading regional segment in times to come. Embracing of AI technologies is high
in the continent. Apart from implementation, a lot of activities are going on
in the research and development sector of AI technology in North America, which
is propelling in this region.
The
key players in the market include IBM Corporation, Google, Microsoft, Facebook,
SAP SE, Salesforce.com, Inc., Fair Isaac Corporation, BoardBookit, Inc., Intel
Corporation, NVIDIA Corporation, Anki, AIBrain Inc., Banjo, Apple Inc.,
Amazon.com, Inc., Appier Inc., SenseTime, Kindred, Inc., OrCam among others.
Development of distribution channels, novel product development and aggressive
marketing campaigning are some of the success factors in the industry.
AI Market research has segmented the AIGovernance market report on the basis of component, Vertical and region
AI Governance Component Outlook (Revenue,
USD Million, 2015 – 2026)
o
Component
o
Solutions
§ Platform
§ Software Tools
o
Services
§ Consulting
§ Integration
§ Support and Maintenance
AI
Governance Vertical Outlook (Revenue, USD Million, 2015 – 2026)
o
BFSI
o
Government
and Defense
o
Healthcare
and Life Sciences
o
Media
and Entertainment
o
Retail
o
Telecom
o
Automotive
o
Others
(Education, Travel and Tourism, Manufacturing, and Energy and Utilities)
AI Governance Regional Outlook (Revenue, USD Million,
2015 – 2026)
§ North America
o
U.S.
o
Canada
§ Europe
o
France
o
Germany
o
UK
o
Italy
o
Russia
§ Asia Pacific
o
Japan
o
Korea
§ Latin America
o
Mexico
o
Brazil
o
Colombia
§ Middle East & Africa
o
Saudi
Arabia
o
Israel
Contact:
Ray Schafer
Phone: +1 512-560-9140
Email: sales@whipsmartmi.com , ray@whipsmartmi.com
Website: https://whipsmartmi.com
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