Explainable AI Market worth $16.2 billion by 2028, growing at a CAGR of 20.9%: Report by MarketsandM

Sheetal2318 Jul, 2024Technology

The Explainable AI Market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period, according to a new report by MarketsandMarkets?. Explainable AI allows organizations to better understand and cater to customer needs, deliver personalized experiences, and offer self-service options.