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The global market for Explainable AI (XAI) is experiencing tremendous growth due to the increasing need for transparency and accountability in AI systems. This trend is driven by factors such as legislative requirements, awareness of AI bias, and the need to increase public confidence in AI. Major players in the AI industry are investing in XAI research and development, and specialized firms are emerging. The market is expected to continue growing as AI evolves and the demand for open and accountable systems increases.