Major companies operating in the AI governance industry include:
Alphabet Inc.
BigID
Capgemini
Deloitte
Everis
EY
Facebook Inc.
IBM Corporation
KPMG
Looker
Maxwell IT
Microsoft Corporation
Oracle Corporation
PwC
SAP SE
SAS
Sovrin Foundation
Stefanini
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The market size of AI governance reached USD 145.5 million in 2023 and is poised to witness 52.5% CAGR from 2024 to 2032, propelled by the proliferating interest in ethical hacking and penetration testing.
The solution segment is set to expand at 48% CAGR during 2024 to 2032, owing to the increasing implementation of robust frameworks to ensure ethical & responsible AI development and deployment across organizations.
North America held more than 40% of the market share in 2023 and is expected to observe over 50% CAGR through 2032, attributed to the increasing prevalence of cybersecurity risks.
Alphabet Inc., BigID, Capgemini, Deloitte, Everis, EY, Facebook Inc., IBM Corporation, KPMG, Looker, Maxwell IT, Microsoft Corporation, Oracle Corporation, PwC, SAP SE, SAS, Sovrin Foundation, and Stefanini are some of the leading enterprises in the industry.