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AI Governance Market projected to reach $1,016 million by 2026, with a remarkable CAGR of 65.5%

AI Governance Market projected to reach $1,016 million by 2026, with a remarkable CAGR of 65.5%
iCrowd Newswire
According to a new market research report
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″, published by MarketsandMarkets, the 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. ....

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AI Governance Market worth $1,016 million by 2026 - Exclusive Report by MarketsandMarkets

AI Governance Market worth $1,016 million by 2026 - Exclusive Report by MarketsandMarkets
CHICAGO, March 12, 2021 /PRNewswire/ According to a new market research report 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 , published by MarketsandMarkets, 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. ....

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