Germany Ai Governance Market Size & Outlook, 2023-2030
Germany ai governance market, 2017-2030 (US$M)
Related Markets
Germany ai governance market highlights
- The Germany ai governance market generated a revenue of USD 12.5 million in 2023 and is expected to reach USD 83.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 31.2% 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 12.5 million |
| Market revenue in 2030 | USD 83.7 million |
| Growth rate | 31.2% (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, Germany accounted for 7.4% 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 Europe, Germany ai governance market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 51.5 million by 2030.
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AI Governance Market Scope
AI Governance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 65.6% in 2023. Horizon Databook has segmented the Germany ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
Germany is focusing on integrating AI into cybersecurity owing to the benefits AI offers in enhancing threat detection and cyber protection. Hence, the government is also focusing on AI governance frameworks to regulate the use of AI for detecting and responding to cyber threats and ensuring that these systems operate effectively and ethically.
Governance practices include safeguarding AI systems from vulnerabilities, ensuring compliance with cybersecurity regulations, and maintaining transparency in how AI is used to protect digital assets.
Effective AI governance in cybersecurity is helping strengthen Germany’s defenses against cyber threats and ensuring the integrity of AI-driven security solutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ai governance market , including forecasts for subscribers. This country databook contains high-level insights into Germany ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ai governance market size, by component, 2017-2030 (US$M)
Germany AI Governance Market Outlook Share, 2023 & 2030 (US$M)
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