Press release
AI Governance Market Expected to Grow at USD 1016 million In Revenue by 2026
According to Market Study Report, AI Governance Market provides a comprehensive analysis of the AI Governance Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.Get Free Sample Report in PDF Format @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2571584
The global AI governance market size to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period.
Top Companies Profiled in the AI Governance Market:
• Alphabet Inc. (US)
• Microsoft Corporation (US)
• IBM Corporation (US)
• Amazon Web Services Inc. (US)
• QlikTech International AB (US)
• TIBCO Software Inc. (US)
• SAS Institute Inc. (US)
• Facebook Inc. (US)
• SAP SE (Germany)
• Salesforce.com Inc. (Salesforce)
• FICO (US)
• Zest AI (US)
• Pymetrics Inc. (US)
• H2O.ai Inc. (US)
• Informatica LLC (US)
• Ataccama Corporation (Canada)
• DataRobot Inc. (US)
• Dataiku (US)
• Kyndi Inc. (US)
• SparkCognition Inc. (US)
• Fiddler Labs Inc. (US)
• DarwinAI (Canada)
• Truera (US)
• Genie AI Ltd. (UK)
• MindsDB Inc. (US)
• integrate.ai Inc. (Canada)
• Untangle AI Pte Ltd (Singapore)
• AnotherBrain (France)
• Diveplane Corporation (US)
• 2021.AI (Denmark)
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Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation and how outdated technologies are obstacles to effective policymaking.
The solutions segment to have largest market size during the forecast period
The AI governance market has been segmented based on components into solutions and services. The solutions segment is divided into platforms and software tools. AI governance solutions provide an effective way for helping enterprises add AI governance capabilities into the existing architecture. From automation to augmentation and beyond, AI is already changing how business gets done.
The on-premises segment to have the highest CAGR during the forecast period
By deployment mode, the AI governance market has been segmented into on-premises and cloud. The tools developed for on-premise deployment can work with mass amounts of compute power, which can be expensive in the cloud.
Large enterprises segment to have the largest market size during the forecast period
The AI governance market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period.
Among regions, Europe to account for highest CAGR during the forecast period
North America is expected to hold the largest market size in the global AI governance market. In contrast, Europe is expected to grow at the highest CAGR during the forecast period.
Competitive Landscape of AI Governance Market:
1 Overview
2 Market Share Analysis
3 Company Evaluation Quadrant
3.1 Stars
3.2 Emerging Leaders
3.3 Pervasive Players
3.4 Participants
4 Market Share/Rank
4.1 Product Footprint
5 Startup/Sme Evaluation Quadrant
5.1 Progressive Companies
5.2 Responsive Companies
5.3 Dynamic Companies
5.4 Starting Blocks
5.5 Product Footprint
6 Competitive Scenario
6.1 Product Launches And Product Enhancements
6.2 Deals
6.3 Others
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Reason to access this report:
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall AI governance market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies.
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