U.S. Ai Governance Market Size & Outlook, 2023-2030
U.S. ai governance market, 2017-2030 (US$M)
Related Markets
U.S. ai governance market highlights
- The U.S. ai governance market generated a revenue of USD 35.5 million in 2023 and is expected to reach USD 214.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 29.3% 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 35.5 million |
| Market revenue in 2030 | USD 214.2 million |
| Growth rate | 29.3% (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, U.S. accounted for 21.1% 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 Scope
AI Governance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 66.48% in 2023. Horizon Databook has segmented the U.S. ai governance market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
AI governance frameworks in the U.S. are increasingly considering the environmental impact of AI technologies. AI systems, particularly those requiring significant computational power, can have substantial energy consumption and carbon footprint.
Hence, governance practices are focusing on the implementation of strategies to minimize the environmental impact of AI, such as optimization of algorithms for energy efficiency and utilization of renewable energy sources.
By incorporating environmental sustainability into AI governance, organizations can align their AI initiatives with broader sustainability goals and reduce their ecological footprint.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ai governance market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ai governance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. ai governance market size, by component, 2017-2030 (US$M)
U.S. AI Governance Market Outlook Share, 2023 & 2030 (US$M)
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