India Ai Governance Market Size & Outlook, 2023-2030
India ai governance market, 2017-2030 (US$M)
Related Markets
India ai governance market highlights
- The India ai governance market generated a revenue of USD 8.1 million in 2023 and is expected to reach USD 105.2 million by 2030.
- The India market is expected to grow at a CAGR of 44.2% 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 8.1 million |
| Market revenue in 2030 | USD 105.2 million |
| Growth rate | 44.2% (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, India accounted for 4.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
AI Governance Market Scope
AI Governance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 India ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Indian government is actively promoting AI adoption among Small and Medium-sized Enterprises (SMEs) through various initiatives, such as “Digital India” and “The other segment covers industries such as manufacturing, agriculture, education, and energy & utilities.
In manufacturing, AI-driven quality control systems are essential for detecting defects and ensuring product consistency. AI governance frameworks ensure these systems operate accurately and without bias.
This involves regular audits of AI models to ensure they are trained on representative data and produce reliable results. Governance also includes transparency in decision-making processes, allowing stakeholders to understand how quality assessments are made.
Reasons to subscribe to India ai governance market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India ai governance market databook
-
Our clientele includes a mix of ai governance market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India ai governance market , including forecasts for subscribers. This country databook contains high-level insights into India ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India ai governance market size, by component, 2017-2030 (US$M)
India AI Governance Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
