AI governance is the idea of legal framework for confirming machine learning (ML) technologies are well researched and developed with the goal of helping humanity navigate the adoption of AI systems fairly. Increasing government initiatives to leverage the AI technology and growing regulatory compliances around the technology are key aspects that will drive the market. Establishing comprehensive ethical principles for AI are some factors that will hinder the AI Governance Market.
MARKET DYNAMICS
The increasing demand for transparency in AI decisions are some major factors that are expected to drive the growth of this market. Also, reduction in gender bias and discrimination through the use of AI are some opportunities that increase the demand of AI governance market. Also, there has been a rising demand for more transparency in decisions pertaining to AI technology. These factors are foreseen to fuel growth of global AI governance market. However, better understanding of AI skills and data are required for leveraging its benefits in the years to come.
MARKET SCOPE
The "Global AI Governance market Analysis to 2028" is a specialized and in-depth study of AI Governance with a special focus on the global market trend analysis. The report aims to provide an overview of AI Governance with detailed market segmentation by component, and verticals. The global AI Governance market is expected to witness high growth during the forecast period. The report provides key statistics on the AI Governance market and offers key trends and opportunities in AI market.
MARKET SEGMENTATION
The AI Governance market is segmented on the basis of component, and vertical. On the basis of component, market is segmented as solution, and services. On the basis of vertical market is segmented as BFSI, healthcare and life science, government and defense, telecom, retail, automotive.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global AI Governance market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global AI Governance market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting AI Governance market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the AI Governance market in these regions.
MARKET PLAYERS
The reports cover key developments in the AI Governance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from AI Governance market are anticipated to lucrative growth opportunities in the future with the rising demand for AI Governance in the global market. Below mentioned is the list of few companies engaged in the AI Governance market.
The report also includes the profiles of AI Governance market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 2021.AI
- AWS
- Fico
- IBM
- Microsoft
- Pymetrics
- Salesforce.Com
- SAP
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.