North America Ai Model Risk Management Market Size & Outlook

The ai model risk management market in North America is expected to reach a projected revenue of US$ 4,534.9 million by 2030. A compound annual growth rate of 11.2% is expected of North America ai model risk management market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,155.5
Forecast, 2030 (US$M)
$4,534.9
CAGR, 2024 - 2030
11.2%
Report Coverage
North America

North America ai model risk management market, 2018-2030 (US$M)

North
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North America ai model risk management market highlights

  • The North America ai model risk management market generated a revenue of USD 2,155.5 million in 2023.
  • The market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating offering in 2023.
  • Software is the most lucrative offering segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 2,155.5 million
Market revenue in 2030USD 4,534.9 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware
Key market players worldwideAccenture PLC Class A, Amazon Web Services, DataRobot, Deloitte, Alphabet Inc Class C, International Business Machines Corp, McKinsey & Company, Microsoft Corp, SAS AB


Other key industry trends

  • In terms of revenue, North America region accounted for 39.4% of the global ai model risk management market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,321.7 million by 2030.

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AI Model Risk Management Market Scope

Ai model risk management market segmentation & scope
Services
Risk Type
Security Risk
Ethical Risk
Operational Risk
Vertical
BFSI
Retail & eCommerce
IT & Telecom
Manufacturing
Healthcare & Life Sciences
Media & Entertainment
Government and Public Sector
Others
Application
Fraud Detection and Risk Reduction
Data Classification and Labelling
Sentiment Analysis
Model Inventory Management
Customer Segmentation and Targeting
Regulatory Compliance Monitoring
Other Applications
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Sweden
Norway
Denmark
China
India
Japan
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait

AI Model Risk Management Market Companies

Name Profile # Employees HQ Website

North America ai model risk management market

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