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Explainable AI Market Report Analysis, Research Studies | Alphabet, Inc. , IBM Corporation, Microsoft Corporation, Amelia US LLC, BuildGroup, DataRobot, Inc
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The Explainable AI market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
The Explainable AI Market encompasses technologies and solutions aimed at providing transparency and understanding of artificial intelligence (AI) models and their decisions. It focuses on developing techniques and tools that enable AI systems to explain their reasoning processes in a human-understandable manner. This market addresses growing concerns about AI transparency, bias, and accountability in various sectors such as healthcare, finance, and autonomous systems. Key drivers include regulatory requirements, ethical considerations, and the need to build trust in AI systems among users and stakeholders.
Forecast Growth Projected:
The Global Explainable AI Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Explainable AI Market:
Alphabet, Inc. , IBM Corporation, Microsoft Corporation, Amelia US LLC, BuildGroup, DataRobot, Inc., Ditto AI Ltd, DarwinAI, Factmata
Segment Covered in the Explainable AI Market:
By Offering: Solution, Services
By Deployment: Cloud, On-premises
By Organization Size: Small and Medium-sized Enterprises, Large Enterprises
By Technology: Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, Big Data Analytics, Others
By Application: Fraud and Anomaly Detection, Drug Discovery and Diagnostics, Predictive Maintenance, Supply Chain Management, Identity and Access Management, Others
By End-User: Healthcare, BFSI, Aerospace and Defense, Retail and E-commerce, Public Sector and Utilities, IT and Telecommunication, Automotive, Others
Regional Analysis:
The global Explainable AI Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Explainable AI Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Explainable AI Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Explainable AI manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Explainable AI in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Explainable AI Market?
The Explainable AI Market size was USD $ 5.2 Billion in 2023. It is expected to reach USD $ 22.1 Billion by 2031.
How fast is the Explainable AI Market growing?
The Explainable AI Market will exhibit a CAGR of 20.2% during the forecast period, 2024-2031.
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