AI Governance Market Trends

Global AI Governance Market size was valued at USD 146.51 Million in 2023 and is poised to grow from USD 227.5 Million in 2024 to USD 2600.51 Million by 2032, growing at a CAGR of 35.6% during the forecast period (2025-2032).

Creating and launching novel AI governance solutions is projected to be the prime focus of all companies going forward. Integration of advanced technologies to improve the capabilities of AI governance solutions is also a major trend in the global AI governance industry. Collaborations are slated to emerge as an essential strategy for all market players in the long run. 'ABB Ltd.', 'DXC Technology Company', 'IBM Corporation', 'Accenture', 'Infosys Ltd.', 'Microsoft Corporation', 'NTT Data', 'H2O.ai Inc.', ' FICO', 'Oracle Inc', 'SAP SE', 'Salesforce', 'Siemens SA', 'Tata Consultancy Services (TCS) Ltd', 'TIBCO'

The adoption of artificial intelligence technologies is increasing at a rapid pace across all industry verticals and this bolsters the demand for AI governance as well. The need for better AI governance frameworks to ensure ethical practices, data security, and compliance with regulatory standards is slated to create new opportunities for the global AI governance market outlook in the future.

Integration with Cybersecurity: AI governance providers can focus on integrating their offerings with cybersecurity solutions to protect sensitive data and reduce the risk of data breaches and cyberattacks. Focusing on this AI governance market trend can help AI governance providers improve the adoption scope of their offerings in the long run.

North America is forecasted to spearhead global AI governance industry across the study period and beyond. Imposition of stringent regulations, high emphasis on compliance with governance regulations, and surging use of artificial intelligence are some key factors cementing the dominance of this region. The United States is slated to emerge as the most opportune market in this region followed by Canada across the study period. Efforts to promote ethical AI use and the presence of leading artificial intelligence companies are also expected to bolster the demand for AI governance solutions and services in North America over the coming years.