AI Governance Market: By Component (Solutions and Services) By Deployment Mode (Cloud and On-Premises) By Vertical (BFSI, Government and Defense, Media and Entertainment, Healthcare and Life Sciences, Automotive, Telecom, Retail and Others) By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025.

Published Date: 17-Oct-2019 Category: Technology & Media Report Format : PDF Pages: 172 Report Code: ZMR-4881 Status : Published

Description

AI governance is the principle that a legal framework should be in place to ensure that machine learning (ML) applications are well studied and implemented to help humans progress equally through the implementation of AI systems. Addressing concerns relating to the right to be informed and violations, AI governance seeks to close the gap in technological advancement regarding transparency and ethics. Due to the rise of artificial intelligence deployment across industries, including healthcare, infrastructure, finance, industry, schooling, and public safety, the issue of unequivocally defining AI governance is increasing.

The AI Governance market shows a significant demand owing to government initiatives to offer AI technology. Increasing need for building trust in AI systems is another factor driving the demand for AI Governance business. Moreover, rising demand for transparency in AI decisions can also have a positive impact on the market growth. However, inadequate AI expertise and skills can pose a challenge to the market.

On the basis of component, AI Governance market is fragmented into solution and services. The solution segment is anticipated to record higher growth in the future owing to its integral part played during the implementation of software life cycle. These services comprises consulting, integration, and maintenance and support. They help in building operational and strategic plan to identify the essential methods to achieve business goals.

In terms of vertical, the AI governance market is segregated into BFSI, media and entertainment, government and defense, healthcare and life sciences, telecom, retail, automotive, and others. Autonomous transport is one of the fields in the automotive industry where AI governance systems are likely to play a major role because if autonomous vehicles make a decision-making error, they may lead directly to life loss. Therefore, since self-driving cars will play a major role in making life-or death-related choices, it is predicted that they will become a big adopter of AI governance.

In the global AI governance industry, North America is expected to hold the largest market volume, while Europe is expected to grow at the fastest growth rate over the forecast period. In terms of implementing and improving AI governance strategies, North America is projected to be the leading area. Due to AI regulation, various innovations are taking place in the European region, which is why Europe is expected to grow at the fastest rate in the coming years. The adoption of AI-powered services will grow in the region, owing to rising ethical issues in AI technologies and growing need for legal framework to ensure that the machine learning algorithm is developed, thereby driving the growth of AI governance industry.

The AI Governance market comprises key solution providers, such as IBM, Google, Microsoft, SAP, Salesforce.Com, Facebook, Fico, 2021.AI, Pymetrics, AWS, ZestFinance, SAS Institute, Integrate.AI, and H2O.AI among others

The report segments the AI Governance market as follows:

Global AI Governance Market: Component Segment Analysis

  • Solutions
  • Services

Global AI Governance Market: Vertical Segment Analysis

  • BFSI
  • Government and Defense
  • Media and Entertainment
  • Healthcare and Life Sciences
  • Automotive
  • Telecom
  • Retail
  • Others

Global AI Governance Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. AI Governance Market, 2016-2025 (USD Million)
    • 2.2. AI Governance Market: Snapshot
  • Chapter 3. AI Governance Market - Industry Analysis
    • 3.1. AI Governance Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Driver 1
      • 3.2.2. Driver 2
    • 3.3. Restraints
      • 3.3.1. Restraint 1
      • 3.3.2. Restraint 2
    • 3.4. Opportunity
      • 3.4.1. Government funding and support
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Component
      • 3.6.2. Market attractiveness analysis By Vertical
      • 3.6.3. Market attractiveness analysis by Region
  • Chapter 4. AI Governance Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global AI Governance Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Component launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global AI Governance Market -Component Analysis
    • 5.1. Global AI Governance Market overview: By Component type
      • 5.1.1. Global AI Governance Market share, By Component,2018 and 2025
    • 5.2. Solutions
      • 5.2.1. Global AI Governance Market by Solutions, 2016-2025 (USD Million)
    • 5.3. Services
      • 5.3.1. Global AI Governance Market by Services, 2016-2025 (USD Million)
  • Chapter 6. Global AI Governance Market -Vertical Analysis
    • 6.1. Global AI Governance Market overview: By Vertical
      • 6.1.1. Global AI Governance Market share, By Vertical, 2018 and 2025
    • 6.2. BFSI
      • 6.2.1. Global AI Governance Market By BFSI, 2016-2025 (USD Million)
    • 6.3. Government and Defense
      • 6.3.1. Global AI Governance Market By Government and Defense, 2016-2025 (USD Million)
    • 6.4. Media and Entertainment
      • 6.4.1. Global AI Governance Market By Media and Entertainment, 2016-2025 (USD Million)
    • 6.5. Healthcare and Life Sciences
      • 6.5.1. Global AI Governance Market By Healthcare and Life Sciences, 2016-2025 (USD Million)
    • 6.6. Automotive
      • 6.6.1. Global AI Governance Market by Automotive, 2016-2025 (USD Million)
    • 6.7. Telecom
      • 6.7.1. Global AI Governance Market by TelecomVerticals, 2016-2025 (USD Million)
    • 6.8. Retail
      • 6.8.1. Global AI Governance Market by RetailVerticals, 2016-2025 (USD Million)
    • 6.9. Others
      • 6.9.1. Global AI Governance Market by Other Verticals, 2016-2025 (USD Million)
  • Chapter 7. Global AI Governance Market - Regional Analysis
    • 7.1. Global AI Governance Market overview: by Region
      • 7.1.1. Global AI Governance Marketshare, by Region, 2018 and 2025
    • 7.2. North America
      • 7.2.1. North America AI Governance Market, 2016-2025 (USD Million)
      • 7.2.2. North America AI Governance Market revenue, By Component,2016-2025 (USD Million)
      • 7.2.3. North America AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S.AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.2.4.2. The U.S.AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.2.5.2. Rest of North America AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe AI Governance Market, 2016-2025 (USD Million)
      • 7.3.2. Europe AI Governance Market revenue, By Component,2016-2025 (USD Million)
      • 7.3.3. Europe AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.3.4. UK
        • 7.3.4.1. U.K.AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.3.4.2. U.K.AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.3.5.2. France AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.3.6. Germany
        • 7.3.6.1. Germany AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.3.6.2. Germany AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.3.7. Rest of Europe
        • 7.3.7.1. Rest of EuropeAI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.3.7.2. Rest of EuropeAI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific AI Governance Market, 2016-2025 (USD Million)
      • 7.4.2. Asia Pacific AI Governance Market revenue, By Component,2016-2025 (USD Million)
      • 7.4.3. Asia Pacific AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.4.4. China
        • 7.4.4.1. China AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.4.4.2. China AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.4.5. Japan
        • 7.4.5.1. Japan AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.4.5.2. Japan AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.4.6. India
        • 7.4.6.1. India AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.4.6.2. India AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.4.7.2. Rest of Asia Pacific AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America AI Governance Market, 2016-2025 (USD Million)
      • 7.5.2. Latin America AI Governance Market revenue, By Component,2016-2025 (USD Million)
      • 7.5.3. Latin America AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.5.4.2. Brazil AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
      • 7.5.5. Rest of LatinAmerica
        • 7.5.5.1. Rest of LatinAmerica AI Governance Market revenue, By Component,2016-2025 (USD Million)
        • 7.5.5.2. Rest of LatinAmerica AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa AI Governance Market, 2016-2025 (USD Million)
      • 7.6.2. The Middle East and Africa AI Governance Market revenue, By Component,2016-2025 (USD Million)
      • 7.6.3. The Middle East and Africa AI Governance Market revenue, By Vertical, 2016-2025 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. IBM
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Component Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Google
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Component Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Microsoft
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Component Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. SAP
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Component Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Salesforce.Com
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Component Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Facebook
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Component Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Fico
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Component Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Pymetrics
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Component Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. AWS
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Component Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. ZestFinance
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Component Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

Methodology

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