AI Governance Market by Component (Solutions (Platforms And Software Tools) and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare and Life Sciences, Government and Defense, and Automotive), and Region - Global Forecast to 2026
The global AI governance market size to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. Various factors such as increase in government initiatives to leverage the AI technology, rise in need for building trust in AI systems and growth in demand for transparency in AI decisions, and growth in regulatory compliances around the technology are expected to drive the adoption of the AI governance solutions and services.
Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation and how outdated technologies are obstacles to effective policymaking. As a result, many governments started rushing towards identifying, evaluating, and procuring reliable solutions powered by AI. Healthcare facilities globally have been turning toward AI systems to identify infections through people’s voices or chest x-rays. Various governments have proposed tracking tools to monitor the virus’ spread person-to-person. From Asia to Europe, several public sector entities have collaborated with the private sector to utilize AI-based services to monitor the spread of the virus. COVID-19 has accelerated the need to operationalize Ethical AI principles. In order to help practitioners, navigate these challenges, the World Economic Forum’s AI and ML platform created the Procurement in a Box package, which aims to unlock public sector adoption of AI through government procurement.
The solutions segment to have largest market size during the forecast period
The AI governance market has been segmented based on components into solutions and services. The solutions segment is divided into platforms and software tools. AI governance solutions provide an effective way for helping enterprises add AI governance capabilities into the existing architecture. From automation to augmentation and beyond, AI is already changing how business gets done. Companies are using AI solutions to automate tasks such as fraud detection or vetting resum?s and loan applications leading to the higher adoption of AI governance solutions. The services segment, on the other hand, has been bifurcated into integration, consulting, and support and maintenance services.
The on-premises segment to have the highest CAGR during the forecast period
By deployment mode, the AI governance market has been segmented into on-premises and cloud. The tools developed for on-premise deployment can work with mass amounts of compute power, which can be expensive in the cloud. Sometimes it becomes more economical for customers to do this on premises or prefer a capital expense to an operational expense model. This leads to the adoption of on-premises deployment mode.
Large enterprises segment to have the largest market size during the forecast period
The AI governance market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period. The requirement to meet regulatory compliances, including data privacy needs and financial reporting, lead to the adoption of AI governance solutions in large enterprises.
Among regions, Europe to account for highest CAGR during the forecast period
North America is expected to hold the largest market size in the global AI governance market. In contrast, Europe is expected to grow at the highest CAGR during the forecast period. European Commission is taking various AI initiatives such as the Digital Services Act to create oversight for how internet platforms use AI. This is the major driving factor for the adoption of AI governance solutions in Europe.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI governance market.
Research Coverage
The market study covers the AI governance market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment mode, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall AI governance market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation and how outdated technologies are obstacles to effective policymaking. As a result, many governments started rushing towards identifying, evaluating, and procuring reliable solutions powered by AI. Healthcare facilities globally have been turning toward AI systems to identify infections through people’s voices or chest x-rays. Various governments have proposed tracking tools to monitor the virus’ spread person-to-person. From Asia to Europe, several public sector entities have collaborated with the private sector to utilize AI-based services to monitor the spread of the virus. COVID-19 has accelerated the need to operationalize Ethical AI principles. In order to help practitioners, navigate these challenges, the World Economic Forum’s AI and ML platform created the Procurement in a Box package, which aims to unlock public sector adoption of AI through government procurement.
The solutions segment to have largest market size during the forecast period
The AI governance market has been segmented based on components into solutions and services. The solutions segment is divided into platforms and software tools. AI governance solutions provide an effective way for helping enterprises add AI governance capabilities into the existing architecture. From automation to augmentation and beyond, AI is already changing how business gets done. Companies are using AI solutions to automate tasks such as fraud detection or vetting resum?s and loan applications leading to the higher adoption of AI governance solutions. The services segment, on the other hand, has been bifurcated into integration, consulting, and support and maintenance services.
The on-premises segment to have the highest CAGR during the forecast period
By deployment mode, the AI governance market has been segmented into on-premises and cloud. The tools developed for on-premise deployment can work with mass amounts of compute power, which can be expensive in the cloud. Sometimes it becomes more economical for customers to do this on premises or prefer a capital expense to an operational expense model. This leads to the adoption of on-premises deployment mode.
Large enterprises segment to have the largest market size during the forecast period
The AI governance market has been segmented by organization size into large enterprises and SMEs. The market share of large enterprises is higher; however, the market for SMEs is expected to register a higher CAGR during the forecast period. The requirement to meet regulatory compliances, including data privacy needs and financial reporting, lead to the adoption of AI governance solutions in large enterprises.
Among regions, Europe to account for highest CAGR during the forecast period
North America is expected to hold the largest market size in the global AI governance market. In contrast, Europe is expected to grow at the highest CAGR during the forecast period. European Commission is taking various AI initiatives such as the Digital Services Act to create oversight for how internet platforms use AI. This is the major driving factor for the adoption of AI governance solutions in Europe.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI governance market.
- By Company: Tier I: 34%,Tier II: 43%, and Tier III: 23%
- By Designation: C-Level Executives: 50%, D-Level Executives: 30%, and Managers: 20%
- By Region: APAC: 30%, Europe: 30%, North America: 25%, MEA: 10%, Latin America: 5%
Research Coverage
The market study covers the AI governance market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, deployment mode, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall AI governance market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS & EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONS COVERED
1.6.3 PERIODIZATION CONSIDERED FOR THE STUDY
1.7 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2020
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 6 AI GOVERNANCE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 8 RESEARCH METHODOLOGY: APPROACH
FIGURE 9 AI GOVERNANCE MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF THE AI GOVERNANCE MARKET
FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF AI GOVERNANCE VENDORS
FIGURE 12 MARKET SIZE ESTIMATION METHODOLOGY: ILLUSTRATION OF COMPANY’S
AI GOVERNANCE REVENUE ESTIMATION I
FIGURE 13 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF
THE AI GOVERNANCE MARKET
FIGURE 14 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 BOTTOM-UP (DEMAND SIDE): SHARE OF AI GOVERNANCE THROUGH OVERALL AI GOVERNANCE SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 COMPANY EVALUATION MATRIX METHODOLOGY
FIGURE 15 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.6 ASSUMPTIONS FOR THE STUDY
2.7 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
TABLE 4 AI GOVERNANCE MARKET SIZE AND GROWTH RATE, 2020–2026 (USD MILLION, Y-O-Y%)
FIGURE 16 AI GOVERNANCE SOLUTIONS TO BE A LARGER MARKET
IN 2020 (USD MILLION)
FIGURE 17 AI GOVERNANCE PLATFORMS TO ACCOUNT FOR THE LARGER MARKET SIZE
IN 2020 (USD MILLION)
FIGURE 18 CONSULTING SERVICES TO DOMINATE THE MARKET IN 2020 (USD MILLION)
FIGURE 19 THE CLOUD SEGMENT TO ACCOUNT FOR THE LARGER MARKET SIZE
IN 2020 (USD MILLION)
FIGURE 20 LARGE ENTERPRISES TO BE THE LARGER MARKET IN 2020 (VALUE)
FIGURE 21 BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO ACCOUNT FOR THE LARGEST MARKET SIZE IN 2020 (USD MILLION)
FIGURE 22 EUROPE TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE AI GOVERNANCE MARKET
FIGURE 23 RISE IN DEMAND FOR TRANSPARENCY IN AI DECISIONS AND NEED TO BUILD TRUST IN AI TO BOOST THE AI GOVERNANCE MARKET GROWTH
4.2 AI GOVERNANCE MARKET, BY VERTICAL
FIGURE 24 HEALTHCARE AND LIFESCIENCES VERTICALS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
4.3 AI GOVERNANCE MARKET, BY REGION
FIGURE 25 NORTH AMERICA TO HOLD THE HIGHEST MARKET SHARE IN 2026
4.4 AI GOVERNANCE MARKET, BY SERVICE AND VERTICAL
FIGURE 26 CONSULTING SERVICES SEGMENT AND BFSI VERTICAL TO ACCOUNT FOR THE LARGEST SHARES IN NORTH AMERICA IN 2020
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
FIGURE 27 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
AI GOVERNANCE MARKET
5.1.1 DRIVERS
5.1.1.1 Increase in government initiatives to leverage the AI technology
5.1.1.2 Rise in need for building trust in AI systems and growth in demand for transparency in AI decisions
5.1.1.3 Growth in regulatory compliances around the technology
5.1.2 RESTRAINTS
5.1.2.1 Establishment of comprehensive ethical principles for AI
5.1.3 OPPORTUNITIES
5.1.3.1 Reduction in gender bias and discrimination through the use of AI
5.1.4 CHALLENGES
5.1.4.1 Inadequate AI expertise and skills
5.1.4.2 Clean and relevant data required to train ML algorithms
5.2 EVOLUTION
FIGURE 28 EVOLUTION OF AI GOVERNANCE
5.3 COMMON AI GOVERNANCE PRINCIPLES
FIGURE 29 AI GOVERNANCE PRINCIPALS
5.4 AI GOVERNANCE MARKET: COVID-19 IMPACT
FIGURE 30 AI GOVERNANCE MARKET TO DECLINE BETWEEN 2020 AND 2021
5.5 CASE STUDY ANALYSIS
5.5.1 USE CASE 1: FICO ANALYTICS WORKBENCH HELPS BANKS TO IMPROVE CREDIT RISK DECISIONS
5.5.2 USE CASE 2: DARWINAI USES OPENVINO TOOLKIT TO DELIVER
EXPLAINABLE AI
5.5.3 USE CASE 3: CLOSEDLOOP.AI USES AI AND ML TO HELP USERS IDENTIFY AND PREDICT HIGH-RISK POPULATIONS
5.5.4 USE CASE 4: FINANCIAL SERVICE INDUSTRY USE AI SOLUTIONS OF ELULA TO IMPROVE ITS CUSTOMER RETENTION
5.5.5 USE CASE 5: SPARKCOGNITION’S AI SOLUTION HELPS TO PREDICT RARE FAILURES IN HYDRO TURBINES
5.6 SUPPLY CHAIN ANALYSIS
FIGURE 31 SUPPLY CHAIN ANALYSIS
TABLE 5 AI GOVERNANCE MARKET: SUPPLY CHAIN
5.7 TECHNOLOGY ANALYSIS
5.7.1 AI GOVERNANCE AND MACHINE LEARNING (ML)
5.7.2 AI GOVERNANCE AND DEEP LEARNING
5.7.3 AI GOVERNANCE AND LOCAL INTERPRETABLE MODEL-AGNOSTIC EXPLANATION (LIME)
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 AI GOVERNANCE MARKET: PORTER FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 PATENT ANALYSIS
5.9.1 INNOVATION AND PATENT REGISTRATIONS
TABLE 7 IMPORTANT INNOVATION AND PATENT REGISTRATIONS, 2018-2020
5.10 PRICING ANALYSIS
5.11 REGULATORY IMPLICATIONS
5.11.1 INTRODUCTION
5.11.2 GENERAL DATA PROTECTION REGULATION
5.11.3 GOVERNANCE, RISK, AND COMPLIANCE STANDARDS
5.11.4 HEALTH INFORMATION TECHNOLOGY FOR ECONOMIC AND CLINICAL HEALTH
5.11.5 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT
5.11.6 FEDERAL TRADE COMMISSION
5.11.7 FEDERAL COMMUNICATIONS COMMISSION
5.11.8 SECURITIES FINANCING TRANSACTIONS REGULATION
6 AI GOVERNANCE MARKET, BY COMPONENT
6.1 INTRODUCTION
6.1.1 COMPONENT: AI GOVERNANCE MARKET DRIVERS
6.1.2 COMPONENT: COVID-19 IMPACT
FIGURE 32 THE SERVICES SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 8 AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
6.2 SOLUTIONS
FIGURE 33 SOFTWARE TOOLS SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 9 AI GOVERNANCE SOLUTIONS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
TABLE 10 AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
6.2.1 SOFTWARE TOOLS
TABLE 11 AI GOVERNANCE SOFTWARE TOOLS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.2.2 PLATFORM
TABLE 12 AI GOVERNANCE PLATFORM MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3 SERVICES
FIGURE 34 INTEGRATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 13 AI GOVERNANCE SERVICES MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
TABLE 14 AI GOVERNANCE MARKET SIZE, BY SERVICES, 2020–2026 (USD MILLION)
6.3.1 CONSULTING
TABLE 15 AI GOVERNANCE CONSULTING MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3.2 INTEGRATION
TABLE 16 AI GOVERNANCE INTEGRATION MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3.3 SUPPORT AND MAINTENANCE
TABLE 17 AI GOVERNANCE SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7 AI GOVERNANCE MARKET, BY DEPLOYMENT MODE
7.1 INTRODUCTION
7.1.1 DEPLOYMENT MODE: AI GOVERNANCE MARKET DRIVERS
7.1.2 DEPLOYMENT MODE: COVID-19 IMPACT
FIGURE 35 THE ON-PREMISES SEGMENT TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 18 AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
7.2 ON-PREMISES
TABLE 19 ON-PREMISES AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7.3 CLOUD
TABLE 20 CLOUD-BASED AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
8 AI GOVERNANCE MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.1.1 ORGANIZATION SIZE: AI GOVERNANCE MARKET DRIVERS
8.1.2 ORGANIZATION SIZE: COVID-19 IMPACT
FIGURE 36 SMALL AND MEDIUM-SIZED ENTERPRISES TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 21 AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
8.2 LARGE ENTERPRISES
TABLE 22 AI GOVERNANCE MARKET SIZE IN LARGE ENTERPRISES, BY REGION, 2020–2026 (USD MILLION)
8.3 SMALL- AND MEDIUM-SIZED ENTERPRISES
TABLE 23 AI GOVERNANCE MARKET SIZE IN SMALL AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2020–2026 (USD MILLION)
9 AI GOVERNANCE MARKET, BY VERTICAL
9.1 INTRODUCTION
9.1.1 VERTICAL: AI GOVERNANCE MARKET DRIVERS
9.1.2 VERTICAL: COVID-19 IMPACT
9.2 AI GOVERNANCE: ENTERPRISE USE CASES
FIGURE 37 AUTOMOTIVE VERTICAL TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 24 AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
9.3 BANKING, FINANCIAL SERVICES, AND INSURANCE
TABLE 25 BANKING, FINANCIAL SERVICES, AND INSURANCE: USE CASES
TABLE 26 AI GOVERNANCE MARKET SIZE IN BANKING, FINANCIAL SERVICES, AND INSURANCE, BY REGION, 2020–2026 (USD MILLION)
9.4 GOVERNMENT AND DEFENSE
TABLE 27 GOVERNMENT AND DEFENSE: USE CASES
TABLE 28 AI GOVERNANCE MARKET SIZE IN GOVERNMENT AND DEFENSE, BY REGION, 2020–2026 (USD MILLION)
9.5 HEALTHCARE AND LIFE SCIENCES
TABLE 29 HEALTHCARE AND LIFE SCIENCES: USE CASES
TABLE 30 AI GOVERNANCE MARKET SIZE IN HEALTHCARE AND LIFE SCIENCES, BY REGION, 2020–2026 (USD MILLION)
9.6 MEDIA AND ENTERTAINMENT
TABLE 31 MEDIA AND ENTERTAINMENT: USE CASES
TABLE 32 AI GOVERNANCE MARKET SIZE IN MEDIA AND ENTERTAINMENT, BY REGION, 2020–2026 (USD MILLION)
9.7 RETAIL
TABLE 33 RETAIL: USE CASES
TABLE 34 AI GOVERNANCE MARKET SIZE IN RETAIL, BY REGION, 2020–2026 (USD MILLION)
9.8 IT AND TELECOM
TABLE 35 IT AND TELECOM: USE CASES
TABLE 36 AI GOVERNANCE MARKET SIZE IN IT AND TELECOM, BY REGION, 2020–2026 (USD MILLION)
9.9 AUTOMOTIVE
TABLE 37 AUTOMOTIVE: USE CASES
TABLE 38 AI GOVERNANCE MARKET SIZE IN AUTOMOTIVE, BY REGION, 2020–2026 (USD MILLION)
9.10 OTHER VERTICALS
TABLE 39 OTHER VERTICALS: USE CASES
TABLE 40 AI GOVERNANCE MARKET SIZE IN OTHER VERTICALS, BY REGION, 2020–2026 (USD MILLION)
10 AI GOVERNANCE MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 SINGAPORE TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 39 EUROPE TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 41 AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: AI GOVERNANCE MARKET DRIVERS
10.2.2 NORTH AMERICA: COVID-19 IMPACT
10.2.3 NORTH AMERICA: REGULATIONS
10.2.3.1 The Personal Information Protection and Electronic Documents
Act (PIPEDA)
10.2.3.2 California Consumer Privacy Act
FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT
TABLE 42 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 43 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 44 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 45 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 46 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 47 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 48 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.2.4 US
10.2.5 CANADA
10.3 EUROPE
10.3.1 EUROPE: AI GOVERNANCE MARKET DRIVERS
10.3.2 EUROPE: COVID-19 IMPACT
10.3.3 EUROPE: REGULATIONS
10.3.3.1 General Data Protection Regulation
10.3.3.2 European Committee for Standardization
10.3.3.3 EU Data Governance Act
FIGURE 41 EUROPE: MARKET SNAPSHOT
TABLE 49 EUROPE: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 50 EUROPE: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 51 EUROPE: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 52 EUROPE: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 53 EUROPE: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 54 EUROPE: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 55 EUROPE: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.3.4 UK
10.3.5 GERMANY
10.3.6 FRANCE
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: AI GOVERNANCE MARKET DRIVERS
10.4.2 ASIA PACIFIC: COVID-19 IMPACT
10.4.3 ASIA PACIFIC: REGULATIONS
10.4.3.1 Personal Data Protection Act
10.4.3.2 Singapore’s Model AI Governance Framework
TABLE 56 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 57 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 58 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 59 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 60 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 61 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 62 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.4.4 CHINA
10.4.5 JAPAN
10.4.6 INDIA
10.4.7 SINGAPORE
10.4.8 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 ROW: AI GOVERNANCE MARKET DRIVERS
10.5.2 ROW: COVID-19 IMPACT
10.5.3 ROW: REGULATIONS
10.5.3.1 Israeli Privacy Protection Regulations (Data Security), 5777-2017
10.5.3.2 GDPR Applicability in KSA
10.5.3.3 Protection of Personal Information Act
10.5.3.4 TRA’s IoT Regulatory Policy
10.5.3.5 Brazil Data Protection Law
10.5.3.6 Argentina Personal Data Protection Law No. 25.326
TABLE 63 ROW: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 64 ROW: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 65 ROW: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 66 ROW: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 67 ROW: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 68 ROW: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 69 ROW: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.5.4 MIDDLE EAST & AFRICA
10.5.5 LATIN AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET SHARE ANALYSIS
TABLE 70 AI GOVERNANCE MARKET: DEGREE OF COMPETITION
11.3 COMPANY EVALUATION QUADRANT
11.3.1 STARS
11.3.2 EMERGING LEADERS
11.3.3 PERVASIVE PLAYERS
11.3.4 PARTICIPANTS
FIGURE 42 KEY AI GOVERNANCE MARKET PLAYERS, COMPANY EVALUATION MATRIX, 2020
11.4 MARKET SHARE/RANK
FIGURE 43 RANKING OF KEY PLAYERS, 2020
11.4.1 PRODUCT FOOTPRINT
TABLE 71 COMPANY PRODUCT FOOTPRINT
TABLE 72 COMPANY INDUSTRY FOOTPRINT
TABLE 73 COMPANY REGION FOOTPRINT
11.5 STARTUP/SME EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 44 STARTUP/SME AI GOVERNANCE MARKET EVALUATION MATRIX, 2020
11.5.5 PRODUCT FOOTPRINT
TABLE 74 STARTUPS/SMES PRODUCT FOOTPRINT
TABLE 75 STARTUPS/SMES INDUSTRY FOOTPRINT
TABLE 76 STARTUPS/SMES REGION FOOTPRINT
11.6 COMPETITIVE SCENARIO
11.6.1 PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
TABLE 77 PRODUCT LAUNCHES, 2018–2021
11.6.2 DEALS
TABLE 78 DEALS, 2018–2021
11.6.3 OTHERS
TABLE 79 OTHERS, 2018–2021
12 COMPANY PROFILES
12.1 INTRODUCTION
(Business and Financial overview, Products offered, Recent developments & MnM View)*
12.2 KEY PLAYERS
12.2.1 MICROSOFT
TABLE 80 MICROSOFT: BUSINESS OVERVIEW
FIGURE 45 MICROSOFT: COMPANY SNAPSHOT
TABLE 81 MICROSOFT: PRODUCTS OFFERED
12.2.2 IBM
TABLE 82 IBM: BUSINESS OVERVIEW
FIGURE 46 IBM: COMPANY SNAPSHOT
TABLE 83 IBM: PRODUCTS OFFERED
12.2.3 GOOGLE
TABLE 84 GOOGLE: BUSINESS OVERVIEW
FIGURE 47 GOOGLE: COMPANY SNAPSHOT
TABLE 85 GOOGLE: PRODUCT OFFERED
12.2.4 SALESFORCE
TABLE 86 SALESFORCE: BUSINESS OVERVIEW
FIGURE 48 SALESFORCE: COMPANY SNAPSHOT
TABLE 87 SALESFORCE: PRODUCT OFFERED
12.2.5 SAP
TABLE 88 SAP: BUSINESS OVERVIEW
FIGURE 49 SAP: COMPANY SNAPSHOT
TABLE 89 SAP: PRODUCT OFFERED
12.2.6 AWS
TABLE 90 AWS: BUSINESS OVERVIEW
FIGURE 50 AWS: COMPANY SNAPSHOT
TABLE 91 AWS: PRODUCT OFFERED
12.2.7 SAS INSTITUTE
TABLE 92 SAS INSTITUTE: BUSINESS OVERVIEW
FIGURE 51 SAS INSTITUTE: COMPANY SNAPSHOT
TABLE 93 SAS INSTITUTE: PRODUCT OFFERED
12.2.8 FAIR ISAAC CORPORATION
TABLE 94 FICO: BUSINESS OVERVIEW
FIGURE 52 FICO: COMPANY SNAPSHOT
TABLE 95 FICO: PRODUCT OFFERED
12.2.9 FACEBOOK
TABLE 96 FACEBOOK: BUSINESS OVERVIEW
FIGURE 53 FACEBOOK: COMPANY SNAPSHOT
TABLE 97 FACEBOOK: PRODUCT OFFERED
12.2.10 TIBCO SOFTWARE
TABLE 98 TIBCO SOFTWARE: BUSINESS OVERVIEW
TABLE 99 TIBCO SOFTWARE: PRODUCT OFFERED
12.2.11 ZEST AI
TABLE 100 ZEST AI: BUSINESS OVERVIEW
TABLE 101 ZEST AI: PRODUCT OFFERED
12.2.12 PYMETRICS
TABLE 102 PYMETRICS: BUSINESS OVERVIEW
TABLE 103 PYMETRICS: PRODUCT OFFERED
12.2.13 QLIK
TABLE 104 QLIK: BUSINESS OVERVIEW
TABLE 105 QLIK: PRODUCT OFFERED
12.2.14 H2O.AI
TABLE 106 H2O.AI: BUSINESS OVERVIEW
TABLE 107 H20.AI: PRODUCT OFFERED
12.2.15 INFORMATICA
TABLE 108 INFORMATICA: BUSINESS OVERVIEW
TABLE 109 INFORMATICA: PRODUCT OFFERED
12.2.16 ATACCAMA
12.2.17 DATAROBOT
12.2.18 DATAIKU
12.2.19 KYNDI
12.2.20 SPARKCOGNITION
12.3 START-UP/SME PLAYERS
12.3.1 FIDDLER LABS
12.3.2 DARWINAI
12.3.3 UNTANGLE AI
12.3.4 2021.AI
12.3.5 INTEGRATE.AI
12.3.6 TRUERA
12.3.7 GENIE AI
12.3.8 MINDSDB
12.3.9 ANOTHERBRAIN
12.3.10 DIVEPLANE
*Details on Business and Financial overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 DATA GOVERNANCE MARKET—GLOBAL FORECAST TO 2025
13.2.1 MARKET DEFINITION
13.2.2 MARKET OVERVIEW
13.2.2.1 Data governance market, by application
TABLE 110 DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 111 DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
13.2.2.2 Data governance market, by component
TABLE 112 DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 113 DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
13.2.2.3 Data governance market, by deployment mode
TABLE 114 DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2014–2019 (USD MILLION)
TABLE 115 DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2019–2025 (USD MILLION)
13.2.2.4 Data governance market, by organization size
TABLE 116 DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION)
TABLE 117 DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION)
13.2.2.5 Data governance market, by vertical
TABLE 118 DATA GOVERNANCE MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 119 DATA GOVERNANCE MARKET SIZE, BY VERTICAL, 2019–2025 (USD MILLION)
13.2.2.6 Data governance market, by region
TABLE 120 DATA GOVERNANCE MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 121 DATA GOVERNANCE MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
TABLE 122 NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 123 NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 124 EUROPE: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 125 EUROPE: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 126 ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 127 ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
13.3 CONVERSATIONAL AI MARKET—GLOBAL FORECAST TO 2025
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
13.3.2.1 Conversational AI market, by component
TABLE 128 CONVERSATIONAL AI MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 129 CONVERSATIONAL AI MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
13.3.2.2 Conversational AI market, by type
TABLE 130 CONVERSATIONAL AI MARKET SIZE, BY TYPE, 2019–2025 (USD MILLION)
13.3.2.3 Conversational AI market, by technology
TABLE 131 CONVERSATIONAL AI MARKET SIZE, BY TECHNOLOGY, 2019–2025 (USD MILLION)
13.3.2.4 Conversational AI market, by deployment mode
TABLE 132 CONVERSATIONAL AI MARKET SIZE, BY DEPLOYMENT MODE, 2019–2025 (USD MILLION)
13.3.2.5 Conversational AI market, by application
TABLE 133 CONVERSATIONAL AI MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
13.3.2.6 Conversational AI market, by vertical
TABLE 134 CONVERSATIONAL AI MARKET SIZE, BY VERTICAL, 2019–2025 (USD MILLION)
13.3.2.7 Conversational AI market, by region
TABLE 135 CONVERSATIONAL AI MARKET SIZE, BY REGION, 2019–2025(USD MILLION)
TABLE 136 NORTH AMERICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 137 EUROPE: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 138 ASIA PACIFIC: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 139 MIDDLE EAST & AFRICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 140 LATIN AMERICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 AVAILABLE CUSTOMIZATIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS & EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONS COVERED
1.6.3 PERIODIZATION CONSIDERED FOR THE STUDY
1.7 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2020
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 6 AI GOVERNANCE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
TABLE 2 PRIMARY INTERVIEWS
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 8 RESEARCH METHODOLOGY: APPROACH
FIGURE 9 AI GOVERNANCE MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF THE AI GOVERNANCE MARKET
FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF AI GOVERNANCE VENDORS
FIGURE 12 MARKET SIZE ESTIMATION METHODOLOGY: ILLUSTRATION OF COMPANY’S
AI GOVERNANCE REVENUE ESTIMATION I
FIGURE 13 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF
THE AI GOVERNANCE MARKET
FIGURE 14 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 BOTTOM-UP (DEMAND SIDE): SHARE OF AI GOVERNANCE THROUGH OVERALL AI GOVERNANCE SPENDING
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 COMPANY EVALUATION MATRIX METHODOLOGY
FIGURE 15 COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE
2.6 ASSUMPTIONS FOR THE STUDY
2.7 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
TABLE 4 AI GOVERNANCE MARKET SIZE AND GROWTH RATE, 2020–2026 (USD MILLION, Y-O-Y%)
FIGURE 16 AI GOVERNANCE SOLUTIONS TO BE A LARGER MARKET
IN 2020 (USD MILLION)
FIGURE 17 AI GOVERNANCE PLATFORMS TO ACCOUNT FOR THE LARGER MARKET SIZE
IN 2020 (USD MILLION)
FIGURE 18 CONSULTING SERVICES TO DOMINATE THE MARKET IN 2020 (USD MILLION)
FIGURE 19 THE CLOUD SEGMENT TO ACCOUNT FOR THE LARGER MARKET SIZE
IN 2020 (USD MILLION)
FIGURE 20 LARGE ENTERPRISES TO BE THE LARGER MARKET IN 2020 (VALUE)
FIGURE 21 BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO ACCOUNT FOR THE LARGEST MARKET SIZE IN 2020 (USD MILLION)
FIGURE 22 EUROPE TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE AI GOVERNANCE MARKET
FIGURE 23 RISE IN DEMAND FOR TRANSPARENCY IN AI DECISIONS AND NEED TO BUILD TRUST IN AI TO BOOST THE AI GOVERNANCE MARKET GROWTH
4.2 AI GOVERNANCE MARKET, BY VERTICAL
FIGURE 24 HEALTHCARE AND LIFESCIENCES VERTICALS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
4.3 AI GOVERNANCE MARKET, BY REGION
FIGURE 25 NORTH AMERICA TO HOLD THE HIGHEST MARKET SHARE IN 2026
4.4 AI GOVERNANCE MARKET, BY SERVICE AND VERTICAL
FIGURE 26 CONSULTING SERVICES SEGMENT AND BFSI VERTICAL TO ACCOUNT FOR THE LARGEST SHARES IN NORTH AMERICA IN 2020
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
FIGURE 27 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
AI GOVERNANCE MARKET
5.1.1 DRIVERS
5.1.1.1 Increase in government initiatives to leverage the AI technology
5.1.1.2 Rise in need for building trust in AI systems and growth in demand for transparency in AI decisions
5.1.1.3 Growth in regulatory compliances around the technology
5.1.2 RESTRAINTS
5.1.2.1 Establishment of comprehensive ethical principles for AI
5.1.3 OPPORTUNITIES
5.1.3.1 Reduction in gender bias and discrimination through the use of AI
5.1.4 CHALLENGES
5.1.4.1 Inadequate AI expertise and skills
5.1.4.2 Clean and relevant data required to train ML algorithms
5.2 EVOLUTION
FIGURE 28 EVOLUTION OF AI GOVERNANCE
5.3 COMMON AI GOVERNANCE PRINCIPLES
FIGURE 29 AI GOVERNANCE PRINCIPALS
5.4 AI GOVERNANCE MARKET: COVID-19 IMPACT
FIGURE 30 AI GOVERNANCE MARKET TO DECLINE BETWEEN 2020 AND 2021
5.5 CASE STUDY ANALYSIS
5.5.1 USE CASE 1: FICO ANALYTICS WORKBENCH HELPS BANKS TO IMPROVE CREDIT RISK DECISIONS
5.5.2 USE CASE 2: DARWINAI USES OPENVINO TOOLKIT TO DELIVER
EXPLAINABLE AI
5.5.3 USE CASE 3: CLOSEDLOOP.AI USES AI AND ML TO HELP USERS IDENTIFY AND PREDICT HIGH-RISK POPULATIONS
5.5.4 USE CASE 4: FINANCIAL SERVICE INDUSTRY USE AI SOLUTIONS OF ELULA TO IMPROVE ITS CUSTOMER RETENTION
5.5.5 USE CASE 5: SPARKCOGNITION’S AI SOLUTION HELPS TO PREDICT RARE FAILURES IN HYDRO TURBINES
5.6 SUPPLY CHAIN ANALYSIS
FIGURE 31 SUPPLY CHAIN ANALYSIS
TABLE 5 AI GOVERNANCE MARKET: SUPPLY CHAIN
5.7 TECHNOLOGY ANALYSIS
5.7.1 AI GOVERNANCE AND MACHINE LEARNING (ML)
5.7.2 AI GOVERNANCE AND DEEP LEARNING
5.7.3 AI GOVERNANCE AND LOCAL INTERPRETABLE MODEL-AGNOSTIC EXPLANATION (LIME)
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 6 AI GOVERNANCE MARKET: PORTER FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 PATENT ANALYSIS
5.9.1 INNOVATION AND PATENT REGISTRATIONS
TABLE 7 IMPORTANT INNOVATION AND PATENT REGISTRATIONS, 2018-2020
5.10 PRICING ANALYSIS
5.11 REGULATORY IMPLICATIONS
5.11.1 INTRODUCTION
5.11.2 GENERAL DATA PROTECTION REGULATION
5.11.3 GOVERNANCE, RISK, AND COMPLIANCE STANDARDS
5.11.4 HEALTH INFORMATION TECHNOLOGY FOR ECONOMIC AND CLINICAL HEALTH
5.11.5 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT
5.11.6 FEDERAL TRADE COMMISSION
5.11.7 FEDERAL COMMUNICATIONS COMMISSION
5.11.8 SECURITIES FINANCING TRANSACTIONS REGULATION
6 AI GOVERNANCE MARKET, BY COMPONENT
6.1 INTRODUCTION
6.1.1 COMPONENT: AI GOVERNANCE MARKET DRIVERS
6.1.2 COMPONENT: COVID-19 IMPACT
FIGURE 32 THE SERVICES SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 8 AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
6.2 SOLUTIONS
FIGURE 33 SOFTWARE TOOLS SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 9 AI GOVERNANCE SOLUTIONS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
TABLE 10 AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
6.2.1 SOFTWARE TOOLS
TABLE 11 AI GOVERNANCE SOFTWARE TOOLS MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.2.2 PLATFORM
TABLE 12 AI GOVERNANCE PLATFORM MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3 SERVICES
FIGURE 34 INTEGRATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 13 AI GOVERNANCE SERVICES MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
TABLE 14 AI GOVERNANCE MARKET SIZE, BY SERVICES, 2020–2026 (USD MILLION)
6.3.1 CONSULTING
TABLE 15 AI GOVERNANCE CONSULTING MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3.2 INTEGRATION
TABLE 16 AI GOVERNANCE INTEGRATION MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
6.3.3 SUPPORT AND MAINTENANCE
TABLE 17 AI GOVERNANCE SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7 AI GOVERNANCE MARKET, BY DEPLOYMENT MODE
7.1 INTRODUCTION
7.1.1 DEPLOYMENT MODE: AI GOVERNANCE MARKET DRIVERS
7.1.2 DEPLOYMENT MODE: COVID-19 IMPACT
FIGURE 35 THE ON-PREMISES SEGMENT TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 18 AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
7.2 ON-PREMISES
TABLE 19 ON-PREMISES AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
7.3 CLOUD
TABLE 20 CLOUD-BASED AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
8 AI GOVERNANCE MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.1.1 ORGANIZATION SIZE: AI GOVERNANCE MARKET DRIVERS
8.1.2 ORGANIZATION SIZE: COVID-19 IMPACT
FIGURE 36 SMALL AND MEDIUM-SIZED ENTERPRISES TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 21 AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
8.2 LARGE ENTERPRISES
TABLE 22 AI GOVERNANCE MARKET SIZE IN LARGE ENTERPRISES, BY REGION, 2020–2026 (USD MILLION)
8.3 SMALL- AND MEDIUM-SIZED ENTERPRISES
TABLE 23 AI GOVERNANCE MARKET SIZE IN SMALL AND MEDIUM-SIZED ENTERPRISES, BY REGION, 2020–2026 (USD MILLION)
9 AI GOVERNANCE MARKET, BY VERTICAL
9.1 INTRODUCTION
9.1.1 VERTICAL: AI GOVERNANCE MARKET DRIVERS
9.1.2 VERTICAL: COVID-19 IMPACT
9.2 AI GOVERNANCE: ENTERPRISE USE CASES
FIGURE 37 AUTOMOTIVE VERTICAL TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 24 AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
9.3 BANKING, FINANCIAL SERVICES, AND INSURANCE
TABLE 25 BANKING, FINANCIAL SERVICES, AND INSURANCE: USE CASES
TABLE 26 AI GOVERNANCE MARKET SIZE IN BANKING, FINANCIAL SERVICES, AND INSURANCE, BY REGION, 2020–2026 (USD MILLION)
9.4 GOVERNMENT AND DEFENSE
TABLE 27 GOVERNMENT AND DEFENSE: USE CASES
TABLE 28 AI GOVERNANCE MARKET SIZE IN GOVERNMENT AND DEFENSE, BY REGION, 2020–2026 (USD MILLION)
9.5 HEALTHCARE AND LIFE SCIENCES
TABLE 29 HEALTHCARE AND LIFE SCIENCES: USE CASES
TABLE 30 AI GOVERNANCE MARKET SIZE IN HEALTHCARE AND LIFE SCIENCES, BY REGION, 2020–2026 (USD MILLION)
9.6 MEDIA AND ENTERTAINMENT
TABLE 31 MEDIA AND ENTERTAINMENT: USE CASES
TABLE 32 AI GOVERNANCE MARKET SIZE IN MEDIA AND ENTERTAINMENT, BY REGION, 2020–2026 (USD MILLION)
9.7 RETAIL
TABLE 33 RETAIL: USE CASES
TABLE 34 AI GOVERNANCE MARKET SIZE IN RETAIL, BY REGION, 2020–2026 (USD MILLION)
9.8 IT AND TELECOM
TABLE 35 IT AND TELECOM: USE CASES
TABLE 36 AI GOVERNANCE MARKET SIZE IN IT AND TELECOM, BY REGION, 2020–2026 (USD MILLION)
9.9 AUTOMOTIVE
TABLE 37 AUTOMOTIVE: USE CASES
TABLE 38 AI GOVERNANCE MARKET SIZE IN AUTOMOTIVE, BY REGION, 2020–2026 (USD MILLION)
9.10 OTHER VERTICALS
TABLE 39 OTHER VERTICALS: USE CASES
TABLE 40 AI GOVERNANCE MARKET SIZE IN OTHER VERTICALS, BY REGION, 2020–2026 (USD MILLION)
10 AI GOVERNANCE MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 SINGAPORE TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 39 EUROPE TO WITNESS THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 41 AI GOVERNANCE MARKET SIZE, BY REGION, 2020–2026 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: AI GOVERNANCE MARKET DRIVERS
10.2.2 NORTH AMERICA: COVID-19 IMPACT
10.2.3 NORTH AMERICA: REGULATIONS
10.2.3.1 The Personal Information Protection and Electronic Documents
Act (PIPEDA)
10.2.3.2 California Consumer Privacy Act
FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT
TABLE 42 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 43 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 44 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 45 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 46 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 47 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 48 NORTH AMERICA: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.2.4 US
10.2.5 CANADA
10.3 EUROPE
10.3.1 EUROPE: AI GOVERNANCE MARKET DRIVERS
10.3.2 EUROPE: COVID-19 IMPACT
10.3.3 EUROPE: REGULATIONS
10.3.3.1 General Data Protection Regulation
10.3.3.2 European Committee for Standardization
10.3.3.3 EU Data Governance Act
FIGURE 41 EUROPE: MARKET SNAPSHOT
TABLE 49 EUROPE: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 50 EUROPE: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 51 EUROPE: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 52 EUROPE: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 53 EUROPE: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 54 EUROPE: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 55 EUROPE: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.3.4 UK
10.3.5 GERMANY
10.3.6 FRANCE
10.3.7 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC: AI GOVERNANCE MARKET DRIVERS
10.4.2 ASIA PACIFIC: COVID-19 IMPACT
10.4.3 ASIA PACIFIC: REGULATIONS
10.4.3.1 Personal Data Protection Act
10.4.3.2 Singapore’s Model AI Governance Framework
TABLE 56 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 57 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 58 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 59 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 60 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 61 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 62 ASIA PACIFIC: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.4.4 CHINA
10.4.5 JAPAN
10.4.6 INDIA
10.4.7 SINGAPORE
10.4.8 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 ROW: AI GOVERNANCE MARKET DRIVERS
10.5.2 ROW: COVID-19 IMPACT
10.5.3 ROW: REGULATIONS
10.5.3.1 Israeli Privacy Protection Regulations (Data Security), 5777-2017
10.5.3.2 GDPR Applicability in KSA
10.5.3.3 Protection of Personal Information Act
10.5.3.4 TRA’s IoT Regulatory Policy
10.5.3.5 Brazil Data Protection Law
10.5.3.6 Argentina Personal Data Protection Law No. 25.326
TABLE 63 ROW: AI GOVERNANCE MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
TABLE 64 ROW: AI GOVERNANCE MARKET SIZE, BY SOLUTION, 2020–2026 (USD MILLION)
TABLE 65 ROW: AI GOVERNANCE MARKET SIZE, BY SERVICE, 2020–2026 (USD MILLION)
TABLE 66 ROW: AI GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODE, 2020–2026 (USD MILLION)
TABLE 67 ROW: AI GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2020–2026 (USD MILLION)
TABLE 68 ROW: AI GOVERNANCE MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
TABLE 69 ROW: AI GOVERNANCE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION)
10.5.4 MIDDLE EAST & AFRICA
10.5.5 LATIN AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET SHARE ANALYSIS
TABLE 70 AI GOVERNANCE MARKET: DEGREE OF COMPETITION
11.3 COMPANY EVALUATION QUADRANT
11.3.1 STARS
11.3.2 EMERGING LEADERS
11.3.3 PERVASIVE PLAYERS
11.3.4 PARTICIPANTS
FIGURE 42 KEY AI GOVERNANCE MARKET PLAYERS, COMPANY EVALUATION MATRIX, 2020
11.4 MARKET SHARE/RANK
FIGURE 43 RANKING OF KEY PLAYERS, 2020
11.4.1 PRODUCT FOOTPRINT
TABLE 71 COMPANY PRODUCT FOOTPRINT
TABLE 72 COMPANY INDUSTRY FOOTPRINT
TABLE 73 COMPANY REGION FOOTPRINT
11.5 STARTUP/SME EVALUATION QUADRANT
11.5.1 PROGRESSIVE COMPANIES
11.5.2 RESPONSIVE COMPANIES
11.5.3 DYNAMIC COMPANIES
11.5.4 STARTING BLOCKS
FIGURE 44 STARTUP/SME AI GOVERNANCE MARKET EVALUATION MATRIX, 2020
11.5.5 PRODUCT FOOTPRINT
TABLE 74 STARTUPS/SMES PRODUCT FOOTPRINT
TABLE 75 STARTUPS/SMES INDUSTRY FOOTPRINT
TABLE 76 STARTUPS/SMES REGION FOOTPRINT
11.6 COMPETITIVE SCENARIO
11.6.1 PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
TABLE 77 PRODUCT LAUNCHES, 2018–2021
11.6.2 DEALS
TABLE 78 DEALS, 2018–2021
11.6.3 OTHERS
TABLE 79 OTHERS, 2018–2021
12 COMPANY PROFILES
12.1 INTRODUCTION
(Business and Financial overview, Products offered, Recent developments & MnM View)*
12.2 KEY PLAYERS
12.2.1 MICROSOFT
TABLE 80 MICROSOFT: BUSINESS OVERVIEW
FIGURE 45 MICROSOFT: COMPANY SNAPSHOT
TABLE 81 MICROSOFT: PRODUCTS OFFERED
12.2.2 IBM
TABLE 82 IBM: BUSINESS OVERVIEW
FIGURE 46 IBM: COMPANY SNAPSHOT
TABLE 83 IBM: PRODUCTS OFFERED
12.2.3 GOOGLE
TABLE 84 GOOGLE: BUSINESS OVERVIEW
FIGURE 47 GOOGLE: COMPANY SNAPSHOT
TABLE 85 GOOGLE: PRODUCT OFFERED
12.2.4 SALESFORCE
TABLE 86 SALESFORCE: BUSINESS OVERVIEW
FIGURE 48 SALESFORCE: COMPANY SNAPSHOT
TABLE 87 SALESFORCE: PRODUCT OFFERED
12.2.5 SAP
TABLE 88 SAP: BUSINESS OVERVIEW
FIGURE 49 SAP: COMPANY SNAPSHOT
TABLE 89 SAP: PRODUCT OFFERED
12.2.6 AWS
TABLE 90 AWS: BUSINESS OVERVIEW
FIGURE 50 AWS: COMPANY SNAPSHOT
TABLE 91 AWS: PRODUCT OFFERED
12.2.7 SAS INSTITUTE
TABLE 92 SAS INSTITUTE: BUSINESS OVERVIEW
FIGURE 51 SAS INSTITUTE: COMPANY SNAPSHOT
TABLE 93 SAS INSTITUTE: PRODUCT OFFERED
12.2.8 FAIR ISAAC CORPORATION
TABLE 94 FICO: BUSINESS OVERVIEW
FIGURE 52 FICO: COMPANY SNAPSHOT
TABLE 95 FICO: PRODUCT OFFERED
12.2.9 FACEBOOK
TABLE 96 FACEBOOK: BUSINESS OVERVIEW
FIGURE 53 FACEBOOK: COMPANY SNAPSHOT
TABLE 97 FACEBOOK: PRODUCT OFFERED
12.2.10 TIBCO SOFTWARE
TABLE 98 TIBCO SOFTWARE: BUSINESS OVERVIEW
TABLE 99 TIBCO SOFTWARE: PRODUCT OFFERED
12.2.11 ZEST AI
TABLE 100 ZEST AI: BUSINESS OVERVIEW
TABLE 101 ZEST AI: PRODUCT OFFERED
12.2.12 PYMETRICS
TABLE 102 PYMETRICS: BUSINESS OVERVIEW
TABLE 103 PYMETRICS: PRODUCT OFFERED
12.2.13 QLIK
TABLE 104 QLIK: BUSINESS OVERVIEW
TABLE 105 QLIK: PRODUCT OFFERED
12.2.14 H2O.AI
TABLE 106 H2O.AI: BUSINESS OVERVIEW
TABLE 107 H20.AI: PRODUCT OFFERED
12.2.15 INFORMATICA
TABLE 108 INFORMATICA: BUSINESS OVERVIEW
TABLE 109 INFORMATICA: PRODUCT OFFERED
12.2.16 ATACCAMA
12.2.17 DATAROBOT
12.2.18 DATAIKU
12.2.19 KYNDI
12.2.20 SPARKCOGNITION
12.3 START-UP/SME PLAYERS
12.3.1 FIDDLER LABS
12.3.2 DARWINAI
12.3.3 UNTANGLE AI
12.3.4 2021.AI
12.3.5 INTEGRATE.AI
12.3.6 TRUERA
12.3.7 GENIE AI
12.3.8 MINDSDB
12.3.9 ANOTHERBRAIN
12.3.10 DIVEPLANE
*Details on Business and Financial overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 DATA GOVERNANCE MARKET—GLOBAL FORECAST TO 2025
13.2.1 MARKET DEFINITION
13.2.2 MARKET OVERVIEW
13.2.2.1 Data governance market, by application
TABLE 110 DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2014–2019 (USD MILLION)
TABLE 111 DATA GOVERNANCE MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
13.2.2.2 Data governance market, by component
TABLE 112 DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2014–2019 (USD MILLION)
TABLE 113 DATA GOVERNANCE MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
13.2.2.3 Data governance market, by deployment mode
TABLE 114 DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2014–2019 (USD MILLION)
TABLE 115 DATA GOVERNANCE MARKET SIZE, BY DEPLOYMENT MODEL, 2019–2025 (USD MILLION)
13.2.2.4 Data governance market, by organization size
TABLE 116 DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION)
TABLE 117 DATA GOVERNANCE MARKET SIZE, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION)
13.2.2.5 Data governance market, by vertical
TABLE 118 DATA GOVERNANCE MARKET SIZE, BY VERTICAL, 2014–2019 (USD MILLION)
TABLE 119 DATA GOVERNANCE MARKET SIZE, BY VERTICAL, 2019–2025 (USD MILLION)
13.2.2.6 Data governance market, by region
TABLE 120 DATA GOVERNANCE MARKET SIZE, BY REGION, 2014–2019 (USD MILLION)
TABLE 121 DATA GOVERNANCE MARKET SIZE, BY REGION, 2019–2025 (USD MILLION)
TABLE 122 NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 123 NORTH AMERICA: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 124 EUROPE: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 125 EUROPE: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 126 ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2014–2019 (USD MILLION)
TABLE 127 ASIA PACIFIC: DATA GOVERNANCE MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
13.3 CONVERSATIONAL AI MARKET—GLOBAL FORECAST TO 2025
13.3.1 MARKET DEFINITION
13.3.2 MARKET OVERVIEW
13.3.2.1 Conversational AI market, by component
TABLE 128 CONVERSATIONAL AI MARKET SIZE, BY COMPONENT, 2019–2025 (USD MILLION)
TABLE 129 CONVERSATIONAL AI MARKET SIZE, BY SERVICE, 2019–2025 (USD MILLION)
13.3.2.2 Conversational AI market, by type
TABLE 130 CONVERSATIONAL AI MARKET SIZE, BY TYPE, 2019–2025 (USD MILLION)
13.3.2.3 Conversational AI market, by technology
TABLE 131 CONVERSATIONAL AI MARKET SIZE, BY TECHNOLOGY, 2019–2025 (USD MILLION)
13.3.2.4 Conversational AI market, by deployment mode
TABLE 132 CONVERSATIONAL AI MARKET SIZE, BY DEPLOYMENT MODE, 2019–2025 (USD MILLION)
13.3.2.5 Conversational AI market, by application
TABLE 133 CONVERSATIONAL AI MARKET SIZE, BY APPLICATION, 2019–2025 (USD MILLION)
13.3.2.6 Conversational AI market, by vertical
TABLE 134 CONVERSATIONAL AI MARKET SIZE, BY VERTICAL, 2019–2025 (USD MILLION)
13.3.2.7 Conversational AI market, by region
TABLE 135 CONVERSATIONAL AI MARKET SIZE, BY REGION, 2019–2025(USD MILLION)
TABLE 136 NORTH AMERICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 137 EUROPE: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 138 ASIA PACIFIC: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 139 MIDDLE EAST & AFRICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
TABLE 140 LATIN AMERICA: CONVERSATIONAL AI MARKET SIZE, BY COUNTRY, 2019–2025 (USD MILLION)
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 AVAILABLE CUSTOMIZATIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
