Explosive Growth Ahead: AI Governance Market Trends and Projections

Webersnits20 Sep, 2024News

The report 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, according to new research report by MarketsandMarkets?. 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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