International Business MachinesIBM is a key player in the AI governance market, which is projected to grow at 45.3% CAGR.
The global AI governance market is projected to grow from $0.89 billion in 2024 to $5.78 billion by 2029, a compound annual growth rate of 45.3%, according to a new report from MarketsandMarkets. The firm attributes the surge to rising regulatory oversight, responsible AI initiatives, and growing enterprise adoption of generative AI, which are accelerating investment in governance platforms. North America is expected to hold the largest market share in 2024, while Asia Pacific is the fastest-growing region. Key players include Microsoft, IBM, SAS Institute, DataRobot, and Dataiku.
International Business MachinesIBM is a key player in the AI governance market, which is projected to grow at 45.3% CAGR.
Microsoft CorporationMicrosoft is a key player in the AI governance market, which is projected to grow at 45.3% CAGR.
Dataiku is a key player in the AI governance market, which is projected to grow at 45.3% CAGR.
SAS Institute is a key player in the AI governance market, which is projected to grow at 45.3% CAGR.