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Next Move Strategy Consulting has released a study predicting that the global Explainable AI market will reach a valuation of USD 24.58 billion by 2030 with a CAGR of 21.5%. This growth is driven by the increasing demand for transparent and interpretable AI solutions in various industries. Explainable AI, also known as interpretable AI, focuses on providing clear explanations for AI-generated decisions and predictions. The market includes components such as algorithms, software, and services, and is being adopted in industries such as healthcare, finance, and manufacturing. The BFSI sector is a key driver of growth due to the potential for AI to revolutionize operations.