AI Governance Market by Component (Solutions and Services), Deployment Mode (Cloud and On-premise) Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprise), Industry Vertical (BFSI, Healthcare, Travel & Hospitality, Government, Automotive, IT & Telecommunication, Retail & E-commerce, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

Pages: NA
Oct 2020 | 653 Views
Author(s) : NA
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Ai Governance Market

Request Now !

AI Governance Market Outlook - 2027

AI Governance is the concept of legal structure, which ensures that the use of artificial intelligence system should work fairly and ethically. As the industries are facing chances of violation of laws while working with the surrounding, adoption of AI governance solution minimizes the gap between accountability and ethics in advance technology. Increase in adoption of AI through every industrial vertical is generating the need for AI governance adoption. AI governance covers the area of legal things, data quality, and independence related to AI system. It defines the sectors that are suitable for automation in AI system, the legal structure required by the organization, and the required control measure for AI system.AI governance uses machine learning algorithms to perform all these activities. Also, it helps to avoid scenario in an AI system where AI-based decisions make unjust and dispute with human rights. 


Various factors such as several initiatives taken by government authority in strong support of AI technology, growing demand of the AI system in each industry verticalalong with the growing regularity compliance in artificial intelligence drive the AI governance market growth globally. However, building a comprehensive ethical principle for AI and lack of technically skilled people in emerging economies restrain the growth of the AI governance market globally. Furthermore, decrease in gender inequality and discrimination by using AI is expected to create lucrative opportunities in the AI governance market globally.   



The AI governance market is segmented on the basis of component, deployment mode, enterprise size, industry vertical, and region. By component, it is classified into solutions and services. The solution segment is further bifurcated into software tools and platforms. By service, it is further divided into training, consulting, and integration. By deployment model, the market is categorized into the cloud and on-premise. By enterprise size, it is bifurcated into small & medium size enterprise and large size enterprises. By industry vertical, it is classified into BFSI, healthcare, travel & hospitality, government, automotive, IT & telecommunication, retail & e-commerce, media & entertainment, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

This report gives an in-depth profile of some key market players in the AI governance market are Alphabet Inc.,Facebook, Fair Isaac Corporation., IBM Corporation, integrate.ai, Microsoft Corporation, Salesforce,SAP AG,SAS Institute Inc., and Zest AI.


Scope of the report:

            Report Metric


  Market size available for     years


  Base year considered


  Forecast period


  Forecast units

  Value (USD)

  Segments covered

Component, Deployment Mode, Enterprise Size, End User and Region

  Geographies covered

North America (the U.S., Canada and Mexico), Europe (Germany, France, Italy, Spain, UK and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and the Rest of Asia Pacific), LAMEA (Brazil, Saudi Arabia, South Africa and the Rest of LAMEA)

  Companies covered

Major Market Players includes,

  1. Alphabet Inc.
  2. Facebook
  3. Fair Isaac Corporation.
  4. IBM corporation
  5. integrate.ai
  6. Microsoft Corporation
  7. Salesforce


Key segments:



  By Component

  • Solutions
  • Platform
  • Software Tools
  • Services
  • Training
  • consulting
  • Integration

  By Deployment Mode

  • Cloud
  • On-premise

  By Enterprise Size

  • Small & Medium Scale Enterprise
  • Large Scale Enterprise

  By Function

  • Document Management
  • Performance and Outcomes Management
  • Application Tracking
  • Collaboration
  • Grant Discovery

  By Platform Type

  • Web-based
  • Mobile-based

  By End User

  • BFSI
  • Healthcare
  • Government & Defense
  • Education
  • NGOs
  • Others

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the AI governance market along with the current trends and future estimations to elucidate the imminent investment pockets.

  • Information about key drivers, restraints, and opportunities and their impact analysis on the AI governance market size is provided.

  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the AI governance market.

  • The quantitative analysis of the AI governance market from 2019 to 2027 is provided to determine the AI governance market potential.

Key Market Segments

By Component

  • Solutions
  • Platform
  • Software Tools 
  • Services
  • Training 
  • consulting
  • Integration 

By Deployment Mode

  • Cloud
  • On-premise

By Enterprise Size

  • Small & Medium Scale Enterprise 
  • Large Scale Enterprise

By Industry Vertical

  • BFSI 
  • Healthcare 
  • Travel & Hospitality
  • Government
  • Automotive
  • IT & Telecommunication 
  • Retail &e-commerce
  • Media & Entertainment
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany 
    • France
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Singapore
    • Rest of Asia-Pacific
    • Latin America 
    • Middle East
    • Africa

Key Market Players Profiled In The Report

  • Alphabet Inc.
  • Facebook 
  • Fair Isaac Corporation.
  • IBM corporation
  • integrate.ai
  • Microsoft Corporation 
  • Salesforce
  • SAP AG
  • SAS Institute Inc.
  • Zest AI


With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at










Purchase Full Report of
AI Governance Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts