Australia Ai Governance Market Size & Outlook, 2023-2030
The ai governance market in Australia is expected to reach a projected revenue of US$ 29.9 million by 2030. A compound annual growth rate of 41% is expected of Australia ai governance market from 2024 to 2030.
Revenue, 2023 (US$M)
$2.7
Forecast, 2030 (US$M)
$29.9
CAGR, 2024 - 2030
41%
Report Coverage
Australia
Australia ai governance market, 2017-2030 (US$M)
Related Markets
Australia ai governance market highlights
- The Australia ai governance market generated a revenue of USD 2.7 million in 2023 and is expected to reach USD 29.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 41% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
Ai governance market data book summary
| Market revenue in 2023 | USD 2.7 million |
| Market revenue in 2030 | USD 29.9 million |
| Growth rate | 41% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | ABB Ltd, DXC Technology Co Registered Shs When Issued, International Business Machines Corp, Infosys Ltd ADR, Microsoft Corp, NTT Data Group Corp, Oracle Corp, SAP SE ADR, Siemens AG, Tata Communications, TIBCO |
Other key industry trends
- In terms of revenue, Australia accounted for 1.6% of the global ai governance market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ai governance market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 60.3 million by 2030.
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AI Governance Market Scope
Ai governance market segmentation & scope
Others
AI Governance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia ai governance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai governance market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 66.67% in 2023. Horizon Databook has segmented the Australia ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Australia AI Governance Component Outlook (Revenue, USD Million, 2017-2030)
- Solution
- Services
- Australia AI Governance Deployment Outlook (Revenue, USD Million, 2017-2030)
- On-Premises
- Cloud
- Australia AI Governance Enterprise Size Outlook (Revenue, USD Million, 2017-2030)
- Large Enterprises
- Small & Medium Enterprises
- Australia AI Governance Vertical Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- Government & Defense
- Healthcare & Life Sciences
- Media and Entertainment
- Retail
- IT & Telecommunication
- Automotive
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ai governance market , including forecasts for subscribers. This country databook contains high-level insights into Australia ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia ai governance market size, by component, 2017-2030 (US$M)
Australia AI Governance Market Outlook Share, 2023 & 2030 (US$M)
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