Canada Ai Governance Market Size & Outlook, 2023-2030

The ai governance market in Canada is expected to reach a projected revenue of US$ 148.2 million by 2030. A compound annual growth rate of 36.5% is expected of Canada ai governance market from 2024 to 2030.

Revenue, 2023 (US$M)
$16.8
Forecast, 2030 (US$M)
$148.2
CAGR, 2024 - 2030
36.5%
Report Coverage
Canada

Canada ai governance market highlights

  • The Canada ai governance market generated a revenue of USD 16.8 million in 2023 and is expected to reach USD 148.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 36.5% 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 2023USD 16.8 million
Market revenue in 2030USD 148.2 million
Growth rate36.5% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentSolution
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideABB 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, Canada accounted for 10.0% 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 North America, U.S. ai governance market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 148.2 million by 2030.

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AI Governance Market Companies

Name Profile # Employees HQ Website

Canada 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 65.48% in 2023. Horizon Databook has segmented the Canada ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.


  • Canada AI Governance Component Outlook (Revenue, USD Million, 2017-2030)
    • Solution
    • Services
  • Canada AI Governance Deployment Outlook (Revenue, USD Million, 2017-2030)
    • On-Premises
    • Cloud
  • Canada AI Governance Enterprise Size Outlook (Revenue, USD Million, 2017-2030)
    • Large Enterprises
    • Small & Medium Enterprises
  • Canada 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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  • Our clientele includes a mix of ai governance market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ai governance market , including forecasts for subscribers. This country databook contains high-level insights into Canada ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada ai governance market size, by component, 2017-2030 (US$M)

Canada AI Governance Market Outlook Share, 2023 & 2030 (US$M)

Canada ai governance market size, by component, 2017-2030 (US$M)

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