Press release
AI Governance Global Market Set to Reach $0.42 Billion in 2025 with A CAGR of 45.5%: Key Focus on Transparency and Trust in AI Systems
AI Governance Market Size
What Is The Projected Market Size Of The AI Governance Global Market And Its Growth Rate?
The AI governance market has experienced significant growth in recent years:
- The market size grew from $0.29 billion in 2024 to an estimated $0.42 billion in 2025, displaying a compelling compound annual growth rate (CAGR) of 45.5%.
- This growth is mainly attributed to the growing demand for transparency and trust in AI systems, coupled with easy accessibility to historical datasets and data storage convenience, and a growing interest in ethical hacking and penetration testing.
- Projections for the coming years also point to a clear upward trend, with the market size predicted to surge to $1.85 billion in 2029, at a sustained CAGR of 44.6%.
- Major factors pushing this growth include expanding government initiatives to leverage AI technology and a surge in the use of AI in the retail sector.
What Is Driving The Growth In The AI Governance Global Market?
Government initiatives form a significant driver propelling the advancement of the artificial intelligence (AI) governance market. These initiatives provide crucial frameworks and guidance for the effective development and use of AI technologies, ensuring societal benefits while minimizing associated risks and potential harms. One such initiative is the Pan-Canadian artificial intelligence program's second phase, led by the Canada-based Ministry of Innovation, Science, and Industry in June 2023. This key rollout is backed by substantial investment surpassing US$ 443 million, demonstrating the government's keen interest in integrating and commercializing AI across various sectors of the country's economy. As such, these amplified government initiatives leveraging AI technology are key drivers in the growth of the AI governance market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13773&type=smp
Who Are The Key Players Driving AI Governance Global Market Growth?
Major companies operating in the AI governance market include:
- Amazon.com Inc.
- Alphabet Inc.
- Google LLC
- Microsoft Corporation
- Robert Bosch GmbH
- International Business Machines Corporation
- Oracle Corporation
- SAP SE
- ABB Ltd.
- Tata Consultancy Services Limited
- DXC Technology Company, Atos S.E.
- McAfee Corp., AVEVA Group plc
- TIBCO Software Inc.
- Hexaware Technologies Limited
- QlikTech International AB
- Altair Engineering Inc.
- Scale AI Inc.
- Arthur
- MOSTLY AI
- Protopia AI
- Impact AI
- H2O.ai
- Credo.AI Corp.
What Are The Key Trends In The AI Governance Global Market?
Key trends observed in the AI Governance Global Market include:
- Advancements in artificial intelligence
- Developments in enterprise AI lifecycle management platforms
- The push towards building ethical AI platforms
- Product innovations
- The rise of hybrid cloud management solutions
What Are The Segments Of The AI Governance Global Market?
The AI governance market is segmented as follows:
- By Component: Solution, Services
- By Deployment Type: On-Premises, Cloud
- By Organization Size: Large Entreprises, Small And Medium-Sized Enterprises(SMEs)
- By Vertical: Banking, Financial Services, And Insurance(BFSI), Government And Defense, Healthcare And Life Sciences, Media And Entertainment, Retail, Information Technology And Telecommunication, Automotive, Others Verticals
Which Region Leads The AI Governance Global Market?
North America led the AI governance market in size in 2024. The market report also covers other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/ai-governance-global-market-report
What Is Covered In The AI Governance Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the AI Governance Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI Governance Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI Governance Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI Governance Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=13773&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AI Governance Global Market Set to Reach $0.42 Billion in 2025 with A CAGR of 45.5%: Key Focus on Transparency and Trust in AI Systems here
News-ID: 3846249 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Governance
Corporate Governance Market Hits New High | Major Giants Diligent, Nasdaq Govern …
HTF MI just released the Global Corporate Governance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2024-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Corporate Governance Market are: Diligent, Nasdaq Governance…
1Trooper Expands Enterprise Access Governance Lineup with Launch of Unified Gove …
Texas, USA- June 16, 2025 - 1Trooper, a leading innovator in identity and access governance solutions, today announced a significant expansion of its enterprise access governance lineup with the launch of a unified governance platform, along with a collection of integrated products.
This rollout is designed to simplify compliance, optimize software license utilization, and mitigate operational risk across ERP and cloud-centric environments.
A Unified Platform for Today's Governance Demands:
Purpose-built for modern…
Smart Governance - A Comprehensive Analysis
Smart governance is the process of utilizing modern advanced technologies to create a communication-based, collaborative, and transparent environment for government and citizens. The growing digitalization is one of the major factors that is supporting the growth of the smart governance
Download PDF Sample at https://www.theinsightpartners.com/sample/TIPRE00009195?utm_source=openpr&utm_medium=10392
The framework suggests that in order to create a smart governance model, data governance and collaborative governance are the main drivers. These pillars are supported by…
SwiftDao: Fraud Resistant Blockchain Governance
Blockchain project failure rates hover around 92% with an average lifetime of 1.22 years. In many cases, managers take investor’s money and leave a trail of abandonware behind. Crowdfunded projects stealing money from small investors are the most tragic, but the high rate of failure has scared away institutional investment which reached new lows in 2019. A new solution is needed. Enter SwiftDao, a new standard for building fraud resistant…
Global Data Governance Market 2017
MRC announces the addition of new study based research report on Data Governance market to their suite of offerings.
Where the Data Governance market is heading? If you are involved in Data Governance sector, the report brings to your attention a basic overview of the Data Governance market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain analysis. Equipped with all…
GoodReads.com Adds Book Titled Big Data Governance To Its List - Book Titled Big …
GoodReads.com adds A book titled Big Data Governance: Modern Data Management Principles for Hadoop, NoSQL & Big Data Analytics to its list of recommended books. The book offers simple and ready-to-use templates for implementing data governance for big data initiatives.
The book offers architectural diagrams and blueprints for successful implementation of data governance for big data lakes using Hadoop instances such as Cloudera, Horton Works and MAPR.
The book…
