Press Releases

The Global AI Governance Market size was valued at USD 1.2 billion in 2023. It is likely to grow up to USD 4.7 billion by 2030 at a CAGR of 37.5% during the forecast period ranging between 2025 and 2030.

AI governance is in high demand in cybersecurity, healthcare for AI diagnostics, finance for fraud detection, autonomous vehicles, and government policymaking. AI governance reduces bias to enhance fairness, and eliminates accidental consequences along with accountability and transparency and promotes data privacy, AI, innovation, and security. The global AI governance market is driven forward mainly due to the growing preference and adoption of AI across almost every industry across the globe. This includes finance, healthcare, automotive, and others due to its support for automation, predictive analyses and decision making. The policies and regulatory framework that promotes AI ethics, accountability, and transparency are called AI governance. It also includes algorithm audits and specific compliance standards such as AI Act and GDPR. However, absence of uniform regulations for AI hampers the adoption and growth of global AI governance market. 

Browse market data Tables and Figures spread through 140 Pages and in-depth TOC on Global AI Governance Market  By Product (Surgical Instruments, Handheld Devices, Sutures and Staplers), By Animal Type (Livestock, Companion Animals, and others), By Procedure (Orthopedic, Dental, Soft Tissue, Spaying and Neutering), By End User (Veterinary hospitals, Clinics, Mobile veterinary units, and Research institutes) and By Geography (North America, Europe, Asia Pacific and Rest of the World) - Forecast from 2025 to 2030.

Global AI Governance Market Segmentation and Key Players

By component, software dominated the global AI governance market.  

The software segment is likely to grow more than the other and dominate the market during the forecast period due to higher demand. It is required to ensure regulatory compliance, higher explainability, and more effective bias detection along with data protection and security.

"North America dominates the global AI governance market." 

North America leads the global AI governance market primarily due to the high rate of adoption of AI governance and stricter regulation. Supportive government initiatives also promote adoption.

Some of the key players in this market are IBM Corporation, Microsoft, Google DeepMind, Siemens AG, ANSYS Inc, Credo AI, Monitaur, Holistic AI, Polygraf AI, FiscalNote

Recent Developments By the Key Players

Siemens Smart Infrastructure and Mennekes have collaborated to simplify and improve power distribution planning for eMobility charging infrastructure. This partnership allows to offer customers a single source for fast and easy planning of sustainable e-charging infrastructure accelerating the energy transition.

Microsoft has launched an AI assistant called Dragon Copilot for healthcare that can take notes, automate tasks and search for documents. The voice assistant combines voice dictation capabilities of Dragon Medical One, a tool built by AI voice recognition company, Nuance, and the ambient listening capabilities of DAX copilot. 

The Global AI Governance Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global AI Governance Market  coverage (By Value)

• Component Insight and Forecast 2025 - 2030
  • Software
  • Service
• Deployment Mode Insight and Forecast 2025 - 2030
  • On-Premise
  • Cloud-Based modes
• Organization size Insight and Forecast 2025 - 2030
  • Small & Medium-Sized Enterprises
  • Large Enterprises
• Industry Vertical Insight and Forecast 2025 - 2030
  • Finance
  • IT
  • Telecom
  • Healthcare
  • Retail
  • Government
  • Automotive
  • other sectors

Geographical Segmentation

Global AI Governance Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Vietnam
  • Thailand
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries