Summary
By 2030, off-the-shelf AI governance software spend will more than quadruple from 2024, capturing 7% of AI software spend and reaching $15.8 billion. AI governance will converge and consolidate around platform solutions to allow optimum trade-offs between model accuracy, latency, and cost and offer outputs that are easy to observe and explainable. AI platforms will use in-house expertise, acquisitions, and partnerships with AI governance specialists to extend governance functionality. The report forecasts the size of the global software AI governance market and considers the drivers and inhibitors of growth.
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