- Solution,
- Services
AI Governance Market size is valued at USD 202.6 million in 2023 and is poised to grow at a CAGR of 27.9 % from 2024-2030. The global market provides a detailed overview of the market that can be segmented by component, deployment type, and end user. By component, the AI governance market has been segmented into solutions and services. The solution segment is likely to be the largest and fastest-growing segment in terms of the component. Based on deployment type, the AI governance market is segmented into on-premises and cloud-based. Among these, the on-premises segment is expected to have the fastest-growing market during the forecast period. Based on end-users, the market is segregated into government and defense, media and entertainment, automotive, healthcare and life sciences, retail and consumer goods, IT and telecommunications, and others. The government and defense held considerable market share during the forecast period.
AI Governance Market Key Developments:
In April 2021, Cloud-based Intelligent Data Management was launched by Informatica (IDMC). a tool designed to help companies innovate with their data across all platforms and clouds, in many configurations, and terms of both its governance and management.
Ai Governance Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
27.9%
Largest Market
North America
Fastest Growing Market
Asia Pacific
AI Governance Market Dynamics
A rising need for transparency in AI decision-making, growing adoption of AI across all industry sectors, an increase in artificial intelligence compliance standards, and a number of government-led initiatives that strongly support AI technology are all contributing factors to the market growth.
Asia-Pacific Got Significant Share
AI Governance Market Regional Analysis
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. The growth is due to the increasing use of AI-driven services. The region is expected to have tremendous growth during the forecast timeframe owing to its rapid adoption of technology. Many countries are working on AI governance and building the foundation for the creation of AI principles, norms, and guidelines, including Australia, China, Singapore, and South Korea.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The ai governance market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Ai Governance Market Segmentation
By Component
By Deployment Type
- On-Premises,
- Cloud Based
By End User
- Government and Defense,
- Media and Entertainment,
- Automotive,
- Healthcare and Life Sciences,
- Retail and Consumer Goods,
- IT and Telecommunications,
- Others
Frequently Asked Questions
The AI governance market size was valued at USD 202.6 million in 2023
The major players in the global AI governance market are AWS (US), Facebook (US), AI Dynamics INC., FICO (US), Google (US), integrate.ai (Canada), H2O.AI (US), IBM (US), Microsoft (US), Pymetrics (US), Salesforce.com (US), SAS Institute (US), SAP (Germany) and IBM (US).
Asia Pacific is the fastest-growing region for AI governance market
| 1. Executive Summary |
| 2. Global AI Governance Market Introduction |
| 2.1. Global AI Governance Market Taxonomy |
| 2.2. Global AI Governance Market Definitions |
| 2.2.1. By Component |
| 2.2.2. By Deployment Type |
| 2.2.3. By End User |
| 2.2.4. By Region |
| 3. Global AI Governance Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global AI Governance Market Dynamic Factors - Impact Analysis |
| 3.6. Global AI Governance Market Competition Landscape |
| 4. Global AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global AI Governance Market, By Component, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Solution |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Services |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global AI Governance Market, By Deployment Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. On-Premises |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Cloud Based |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global AI Governance Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Government and Defense |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Media and Entertainment |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Automotive |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Healthcare and Life Sciences |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Retail and Consumer Goods |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. IT and Telecommunications |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8. Global AI Governance Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global AI Governance Market - Opportunity Analysis Index, By Component, End User, and Region, 2024 - 2030 |
| 9. North America AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Services |
| 9.1.2. Solution |
| 9.2. Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. On-premises |
| 9.2.2. Cloud-based |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Government and Defense |
| 9.3.2. Media and Entertainment |
| 9.3.3. Automotive |
| 9.3.4. Healthcare and Life Sciences |
| 9.3.5. Retail and Consumer Goods |
| 9.3.6. IT and Telecommunications |
| 9.3.7. Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America AI Governance Market - Opportunity Analysis Index, By Component, By Deployment Type, End User, and Country, 2024 - 2030 |
| 9.6. North America AI Governance Market Dynamics Trends |
| 10. Europe AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Services |
| 10.1.2. Solution |
| 10.2. Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. On-premises |
| 10.2.2. Cloud-based |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Government and Defense |
| 10.3.2. Media and Entertainment |
| 10.3.3. Automotive |
| 10.3.4. Healthcare and Life Sciences |
| 10.3.5. Retail and Consumer Goods |
| 10.3.6. IT and Telecommunications |
| 10.3.7. Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe AI Governance Market - Opportunity Analysis Index, By Component, By Deployment Type, End User, and Country, 2024 - 2030 |
| 10.6. Europe AI Governance Market Dynamics Trends |
| 11. Asia-Pacific AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Services |
| 11.1.2. Solution |
| 11.2. Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. On-premises |
| 11.2.2. Cloud-based |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Government and Defense |
| 11.3.2. Media and Entertainment |
| 11.3.3. Automotive |
| 11.3.4. Healthcare and Life Sciences |
| 11.3.5. Retail and Consumer Goods |
| 11.3.6. IT and Telecommunications |
| 11.3.7. Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific AI Governance Market - Opportunity Analysis Index, By Component, By Deployment Type, End User, and Country, 2024 - 2030 |
| 11.6. Asia-Pacific AI Governance Market Dynamics Trends |
| 12. Latin America AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Services |
| 12.1.2. Solution |
| 12.2. Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. On-premises |
| 12.2.2. Cloud-based |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Government and Defense |
| 12.3.2. Media and Entertainment |
| 12.3.3. Automotive |
| 12.3.4. Healthcare and Life Sciences |
| 12.3.5. Retail and Consumer Goods |
| 12.3.6. IT and Telecommunications |
| 12.3.7. Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America AI Governance Market - Opportunity Analysis Index, By Component, By Deployment Type, End User, and Country, 2024 - 2030 |
| 12.6. Latin America AI Governance Market Dynamics Trends |
| 13. Middle East and Africa AI Governance Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Services |
| 13.1.2. Solution |
| 13.2. Deployment Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. On-premises |
| 13.2.2. Cloud-based |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Government and Defense |
| 13.3.2. Media and Entertainment |
| 13.3.3. Automotive |
| 13.3.4. Healthcare and Life Sciences |
| 13.3.5. Retail and Consumer Goods |
| 13.3.6. IT and Telecommunications |
| 13.3.7. Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA AI Governance Market - Opportunity Analysis Index, By Component, By Deployment Type, End User, and Country, 2024 - 2030 |
| 13.6. MEA AI Governance Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Component Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. AWS (US) |
| 14.2.2. Facebook (US) |
| 14.2.3. AI Dynamics INC. |
| 14.2.4. FICO (US) |
| 14.2.5. Google (US) |
| 14.2.6. integrate.ai (Canada) |
| 14.2.7. H2O.AI (US) |
| 14.2.8. IBM (US) |
| 14.2.9. Microsoft (US), |
| 14.2.10. Pymetrics (US) |
| 14.2.11. Salesforce.com (US) |
| 14.2.12. SAS Institute (US) |
| 14.2.13. SAP (Germany) |
| 14.2.14. IBM (US) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- AWS (US)
- Facebook (US)
- AI Dynamics INC.
- FICO (US)
- Google (US)
- integrate.ai (Canada)
- H2O.AI (US)
- IBMÂ (US)
- Microsoft (US),
- Pymetrics (US)
- Salesforce.com (US)
- SAS Institute (US)
- SAP (Germany)
- IBM (US)