The research report presents evaluation of the development at different phases and different qualities of the global AI governance market based on key geological regions and nations.
— The AI Governance Market report includes a detailed study of the market, its future predictions by considering 2019 as the base year the period between 2020 and 2025 as the forecast period. This report on AI Governance Market focuses on different categories that define this market with a systematic approach that addresses the consumer base, researchers and market experts like the stakeholders. It also gives a clear perspective towards the competition and demand and supply chain. 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.
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The AI governance market report also gives a summary of various factors influencing the market growth like market size, manufacturers, regions, type and various applications. This factors both directly and indirectly affect the market growth. This report can be looked at as a comprehensive guide for new entrants in the market. Manufacturers and stakeholders are always in search of new ideas that can be successfully implemented and positively affect the market. This report gives you an overall study of the market along with the strategies used by manufacturers. Stakeholders need to ensure their market space and business growth, this report covers these aspects very well. A detailed study of the AI governance market has been done to understand the various applications of the products, its usage and features. Readers looking for scope of growth with respect to product categories can get all the desired information along with supporting figures and facts. The report also covers details on market mergers, acquisitions and important trends that have influenced the market growth and popularity amongst consumers and stakeholders.
The report entitled AI governance market also gives a detailed idea of various technologies used by the manufacturers and industry experts to enhance the technological intervention in this market. An in-depth study in terms of production, market revenue share and price is also a major factor of focus in this report. The company profile section also focusses on companies planning expansions. This can be very well studies through regional segmentation as all the key market players play an important role in uplifting the region they operate in. Analysis of consumption patterns of products and services define the revenue growth graph of any regional. It gives a way forward to the readers and end users. Furthermore, the report also gives the factors that might hamper the market growth over the forecast period. The detailed report on AI Governance Market gives its readers a summary of the market movements and helps them to analyze all the other factors that can affect the market.
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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.
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Segment Overview of Global AI Governance Market
Component Overview, 2018-2025 (USD Million)
Support & Maintenance
Technology Overview, 2018-2025 (USD Million)
Natural Language Processing
Industry Verticals Overview, 2018-2025 (USD Million)
IT & Telecom
Government & Defense
Regional Overview, 2018-2025 (USD Billion)
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of South America
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