Insights on the AI ​​Governance Global Market to 2027 – featuring FICO Analytics, Fiddler Labs and Genie AI Among Others – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “AI Governance Market Research Report by Organization Size (Large Enterprises and Small- and Medium-Sized Enterprises), Component, Vertical, Deployment, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global AI Governance Market size was estimated at USD 77.97 million in 2021, USD 111.02 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 42.56% to reach USD 654.58 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyzes the competitive landscape in terms of markets, applications, and geography to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable acquisition fit for the vendors to adopt successive merger and strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the AI ​​Governance Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) ) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors noting their contribution to the overall market. It provides the idea of ​​its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of ​​the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, unapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global AI Governance Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global AI Governance Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global AI Governance Market?

4. What is the competitive strategic window for opportunities in the Global AI Governance Market?

5. What are the technology trends and regulatory frameworks in the Global AI Governance Market?

6. What is the market share of the leading vendors in the Global AI Governance Market?

7. What modes and strategic moves are considered suitable for entering the Global AI Governance Market?

Market Dynamics

Drivers

  • Increasing demand for transparency in AI decisions

  • Reduction in gender bias and discrimination through AI use

  • Strict regulatory compliances around the technology sector

Restraints

  • Establishment of comprehensive ethical principles for AI

Opportunities

  • Private sector owing to utilize AI-based services to monitor the spread of the viral disease in healthcare sector

  • Fraud detection, risk mitigation, back-end office works can be improved with the help of AI-enabled technologies

Challenges

  • Lack of technically skilled people in emerging

  • Clean and relevant data required to train ML algorithms

Companies Mentioned

  • AnotherBrain

  • Ataccama

  • AWS

  • ClosedLoop.ai

  • DarwinAI

  • Dataiku

  • DataRobot

  • Diveplane

  • Elula

  • Facebook

  • Fair Isaac Corporation

  • FICO Analytics

  • Fiddler Labs

  • Genie AI

  • Google

  • H2O.ai

  • IBM

  • Informatica

  • Integrate.ai

  • Kyndi

  • Microsoft

  • MindsDB

  • Openvino

  • Pymetrics

  • Qlik

  • Salesforce

  • SAP

  • SAS Institute

  • Sparkcognition

  • TIBCO Software

  • Truera

  • Untangle AI

  • Zest AI

For more information about this report visit https://www.researchandmarkets.com/r/eqmwqy

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