The global AI governance market size is projected to reach USD 1,418.3 million by 2030, recording a 35.6% CAGR during the forecast period. Governments and businesses across the globe are beginning projects to adopt artificial intelligence (AI) and machine learning (ML) technologies and establish themselves as market leaders. The main goals of governments using AI governance solutions are to increase public trust in AI technology and to preserve private information and civil rights. Healthcare facilities are utilizing AI systems to identify diseases and track the spread of various viruses. The solutions segment is anticipated to expand throughout the projected time frame due to increasing user adoption for AI-based systems and growing dependency.
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