Press release
Global AI Governance Market Insights, Forecast to 2028
The global AI Governance market size is projected to reach US$ 116.3 million by 2028, from US$ 23 million in 2021, at a CAGR of 25.1% during 2022-2028. Key drivers of the AI governance market include the increasing number of initiatives by government authorities to realize the full benefits of AI technology. The demand for building trust, transparency, and preventing misuse in AI applications will spur the growth of the AI governance market during the forecast period. Moreover, The rise in regulatory compliances will drive the market expansion in the coming years.
VIEW FULL REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-14V5953/global-ai-governance
Trends Influencing the Global AI Governance Market
Government-led initiatives for successful deployment of AI technology
The digital age transition has begun in full force. The rapid expansion of Artificial intelligence solutions in government agencies and businesses across the globe has necessitated the need for a robust governance system for AI implementation. The complexity, brand reputation, and protection of private consumer data are involved. Hence different governments are launching initiatives, setting up national guidelines, and a defined governance structure for successful AI configuration. These factors are expected to drive the growth of the AI governance market during the forecast period.
Need for trust, transparency, and Misuse prevention
Artificial intelligence is causing disruption in each and every sector. This gives a rise to the need for gaining people's trust and being transparent in how machine learning algorithms collect and evaluate data. AI transparency becomes a vital issue in highly regulated industries such as BFSI, automotive, and Healthcare sectors where chances of misuse are high. Thus corporates are focusing on building proper governance systems thereby driving the growth of the AI governance market in the coming years.
Regulatory compliance
Regulations are changing rapidly. The continuous need to adjust to increasing audit trails, workflows, frameworks, and policies can be taxing for authorities. The need for maintaining compliance has become difficult with surging costs, misinterpretation, and wastage of resources. Artificial intelligence can help mitigate these issues. The capability to analyze and implement the right structure can help companies to allocate their resources efficiently. Hence AI governance can lead to proper regulatory compliance. This is expected to provide lucrative opportunities for the growth of the AI governance market in the subsequent years.
AI Governance Market Share Analysis
Based on type, the software segment is expected to provide ample opportunities for growth in the AI governance market share due to the growing reliance of users on AI software solutions.
Based on application, the car segment is expected to dominate in the AI governance market share as the advent of self-driving cars will require AI governance solutions for improving efficiency and decision making.
Based on region, North America will provide huge scope for growth in the AI governance market share due to the rapid adoption of AI governance systems, development of frameworks, policies for the same.
AI Governance Market By Type
Software
Service
Others
AI Governance Market By Application
BFSI
Healthcare and Life Sciences
Government and Defense
Retail and Car
AI Governance Market By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
AI Governance Market By Company
IBM
AWS
Microsoft
Salesforce.com
SAP
FICO
2021.AI
ZestFinance
SAS Institute
Pymetrics
H2O.AI
integrate.ai
INQUIRE FOR SAMPLE
https://reports.valuates.com/request/sample/QYRE-Auto-14V5953/Global_AI_Governance_Market_Size_Status_and_Forecast_2021_2027
SIMILAR REPORT
https://reports.valuates.com/market-reports/ALLI-Auto-3F324/artificial-intelligence-ai
https://reports.valuates.com/market-reports/QYRE-Auto-7L853/global-ai-in-telecommunication
https://reports.valuates.com/reports/QYRE-Auto-21V336/global-ai-in-fintech
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
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 Global AI Governance Market Insights, Forecast to 2028 here
News-ID: 3248087 • Views: …
More Releases from Valuates Reports
Cosmetics ODM Industry Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global Cosmetics ODM Market?
The global Cosmetics ODM market size was US$ 7,310 million in 2023 and is forecast to reach US$ 10,750 million by 2030, growing at a CAGR of 5.6% during 2024-2030. ODMs provide end-to-end solutions, from product formulation and packaging design to production and logistics, enabling brands to focus on marketing and distribution. Rising demand for innovative, high-quality cosmetics, combined with…
Metal Expansion Joints Market Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global Metal Expansion Joints Market?
The global market for Metal Expansion Joints was estimated at US$ 1,018 million in 2024 and is forecast to reach US$ 1,143 million by 2031, growing at a CAGR of 1.7% during the forecast period 2025-2031. Metal expansion joints, also called compensators, are essential for compensating thermal expansion and relative movement in pipelines, containers, and machines. Their design includes…
2-(N-Ethyl-M-Toluidino)Ethanol Market Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global 2-(N-Ethyl-M-Toluidino)Ethanol Market?
The global market for 2-(N-Ethyl-M-Toluidino)Ethanol was valued at US$ 35.4 million in 2024 and is projected to reach US$ 47.4 million by 2031, growing at a CAGR of 4.3% during the forecast period. The chemical intermediate is widely used in dyes, pharmaceuticals, and coatings, with stable demand driven by applications in the dye industry and ongoing R&D in pharmaceuticals. Environmental awareness…
Car Cabin Comfort System Market Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global Car Cabin Comfort System Market?
The global market for Car Cabin Comfort System was valued at US$ 8,252 million in 2024 and is projected to reach US$ 13,731 million by 2031, growing at a CAGR of 7.0% during the forecast period. Global annual shipments are expected to reach approximately 80 million units in 2024, with prices ranging from US$ 30 to US$ 1,000,…
More Releases for 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…
Identity Governance and Administration Market 2028
Global Identity Governance and Administration Market: Overview
Identity governance and administration comprises several services and tools by solution vendors to help customers use identity governance and administration solutions efficiently. Identity governance and administration body receives diverse request from the consumers to proactively identify their concerns and recommend appropriate solution to resolve identity-related issues. The demand for Identity governance and administration are increasing rapid across the globe…
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…
