China Ai Governance Market Size & Outlook, 2023-2030
China ai governance market, 2017-2030 (US$M)
Related Markets
China ai governance market highlights
- The China ai governance market generated a revenue of USD 18.4 million in 2023 and is expected to reach USD 166.9 million by 2030.
- The China market is expected to grow at a CAGR of 37% 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 18.4 million |
| Market revenue in 2030 | USD 166.9 million |
| Growth rate | 37% (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, China accounted for 10.9% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 65.76% in 2023. Horizon Databook has segmented the China ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Chinese government has recognized the importance of AI ethics and responsible development and introduced various guidelines, such as the Beijing AI Principles.
The government has established ethics committees and research centers dedicated to studying the societal impacts of AI and developing ethical frameworks.
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Horizon Databook provides a detailed overview of country-level data and insights on the China ai governance market , including forecasts for subscribers. This country databook contains high-level insights into China ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China ai governance market size, by component, 2017-2030 (US$M)
China AI Governance Market Outlook Share, 2023 & 2030 (US$M)
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