The Asia Pacific AI Governance Market would witness market growth of 35.7% CAGR during the forecast period (2022-2028).
Several government organizations, academic institutions, and vendors of AI solutions are doing an in-depth study to create a suitable ethical standard for AI technology. Over the years, numerous principles and guidelines have been established by government agencies, professional organizations, regulatory systems, and AI businesses.
These guidelines serve as a foundation for developing robust AI regulations and help identify the key ethical issues that must be addressed. Catboats, machine learning, and other AI-enabled technologies also enhance fraud detection, risk mitigation, and back-end office labor with hundreds of workers handling client requests, which accelerates Market growth. Furthermore, according to the firms, observability for managing app workloads across public, private, hybrid, and multi-cloud systems was provided by a mix of AI, machine learning, and data analytics.
Demand for managed cloud and professional services has increased, especially in countries like Japan with an established cloud ecosystem. Businesses operating across various end-user sectors are gradually using these technologies to understand the demands of their customers and ensure that their existing goods are in accordance with those needs to stay one step ahead of the competition. 94,384 rural cooperative banks, 1,542 urban cooperative banks, 18 public sector banks, 22 private sector banks, 53 regional rural banks, 18 private sector banks, and 46 foreign banks were all present in India as of September 2019. Public sector banks had 61.21% of total banking assets in FY19. In FY19, the total assets of the public and private banking sectors were $741.79 billion and $1,422.97 billion, respectively. This supports the growth of the regional market.
The China market dominated the Asia Pacific AI Governance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $44,077.9 Thousands by 2028. The Japan market is estimated to grow a CAGR of 34.9% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 36.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into BFSI, Healthcare & Lifesciences, Media & Entertainment, IT & Telecom, Retail, Government, Automotive and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide AI Governance Market is Projected to reach USD 562.9 Million by 2028, at a CAGR of 34.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Google LLC (Alphabet Inc.), IBM Corporation, SAP SE, Amazon Web Services, Inc. (Amazon.com, Inc.), Salesforce.com, Inc., Meta Platforms, Inc., SAS Institute, Inc., Tibco Software, Inc. (Vista Equity Partners), and QlikTech International AB.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- BFSI
- Healthcare & Lifesciences
- Media & Entertainment
- IT & Telecom
- Retail
- Government
- Automotive
- Others
By Organization size
By Deployment Mode
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- IBM Corporation
- SAP SE
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Salesforce.com, Inc.
- Meta Platforms, Inc.
- SAS Institute, Inc.
- Tibco Software, Inc. (Vista Equity Partners)
- QlikTech International AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific AI Governance Market, by Component
1.4.2 Asia Pacific AI Governance Market, by Vertical
1.4.3 Asia Pacific AI Governance Market, by Organization size
1.4.4 Asia Pacific AI Governance Market, by Deployment Mode
1.4.5 Asia Pacific AI Governance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr – 2022, Sep) Leading Players
Chapter 4. Asia Pacific AI Governance Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific AI Governance Market by Vertical
5.1 Asia Pacific BFSI Market by Country
5.2 Asia Pacific Healthcare & Lifesciences Market by Country
5.3 Asia Pacific Media & Entertainment Market by Country
5.4 Asia Pacific IT & Telecom Market by Country
5.5 Asia Pacific Retail Market by Country
5.6 Asia Pacific Government Market by Country
5.7 Asia Pacific Automotive Market by Country
5.8 Asia Pacific Other Vertical Market by Country
Chapter 6. Asia Pacific AI Governance Market by Organization size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific SMEs Market by Country
Chapter 7. Asia Pacific AI Governance Market by Deployment Mode
7.1 Asia Pacific On-premise Market by Country
7.2 Asia Pacific Cloud Market by Country
Chapter 8. Asia Pacific AI Governance Market by Country
8.1 China AI Governance Market
8.1.1 China AI Governance Market by Component
8.1.2 China AI Governance Market by Vertical
8.1.3 China AI Governance Market by Organization size
8.1.4 China AI Governance Market by Deployment Mode
8.2 Japan AI Governance Market
8.2.1 Japan AI Governance Market by Component
8.2.2 Japan AI Governance Market by Vertical
8.2.3 Japan AI Governance Market by Organization size
8.2.4 Japan AI Governance Market by Deployment Mode
8.3 India AI Governance Market
8.3.1 India AI Governance Market by Component
8.3.2 India AI Governance Market by Vertical
8.3.3 India AI Governance Market by Organization size
8.3.4 India AI Governance Market by Deployment Mode
8.4 South Korea AI Governance Market
8.4.1 South Korea AI Governance Market by Component
8.4.2 South Korea AI Governance Market by Vertical
8.4.3 South Korea AI Governance Market by Organization size
8.4.4 South Korea AI Governance Market by Deployment Mode
8.5 Singapore AI Governance Market
8.5.1 Singapore AI Governance Market by Component
8.5.2 Singapore AI Governance Market by Vertical
8.5.3 Singapore AI Governance Market by Organization size
8.5.4 Singapore AI Governance Market by Deployment Mode
8.6 Malaysia AI Governance Market
8.6.1 Malaysia AI Governance Market by Component
8.6.2 Malaysia AI Governance Market by Vertical
8.6.3 Malaysia AI Governance Market by Organization size
8.6.4 Malaysia AI Governance Market by Deployment Mode
8.7 Rest of Asia Pacific AI Governance Market
8.7.1 Rest of Asia Pacific AI Governance Market by Component
8.7.2 Rest of Asia Pacific AI Governance Market by Vertical
8.7.3 Rest of Asia Pacific AI Governance Market by Organization size
8.7.4 Rest of Asia Pacific AI Governance Market by Deployment Mode
Chapter 9. Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Google LLC (Alphabet Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Geographical Expansions:
9.3.6 SWOT Analysis
9.4 SAP SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.5 SWOT Analysis
9.6 Salesforce.com, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Meta Platforms, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 SAS Institute, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Tibco Software, Inc. (Vista Equity Partners)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.10. QlikTech International AB
9.10.1 Company Overview
TABLE 1 Asia Pacific AI Governance Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific AI Governance Market, 2022 - 2028, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– AI Governance Market
TABLE 4 Product Launches And Product Expansions– AI Governance Market
TABLE 5 Acquisition and Mergers– AI Governance Market
TABLE 6 Asia Pacific AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 7 Asia Pacific AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 8 Asia Pacific Solution Market by Country, 2018 - 2021, USD Thousands
TABLE 9 Asia Pacific Solution Market by Country, 2022 - 2028, USD Thousands
TABLE 10 Asia Pacific Services Market by Country, 2018 - 2021, USD Thousands
TABLE 11 Asia Pacific Services Market by Country, 2022 - 2028, USD Thousands
TABLE 12 Asia Pacific AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 13 Asia Pacific AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 14 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Thousands
TABLE 15 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Thousands
TABLE 16 Asia Pacific Healthcare & Lifesciences Market by Country, 2018 - 2021, USD Thousands
TABLE 17 Asia Pacific Healthcare & Lifesciences Market by Country, 2022 - 2028, USD Thousands
TABLE 18 Asia Pacific Media & Entertainment Market by Country, 2018 - 2021, USD Thousands
TABLE 19 Asia Pacific Media & Entertainment Market by Country, 2022 - 2028, USD Thousands
TABLE 20 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Thousands
TABLE 21 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Thousands
TABLE 22 Asia Pacific Retail Market by Country, 2018 - 2021, USD Thousands
TABLE 23 Asia Pacific Retail Market by Country, 2022 - 2028, USD Thousands
TABLE 24 Asia Pacific Government Market by Country, 2018 - 2021, USD Thousands
TABLE 25 Asia Pacific Government Market by Country, 2022 - 2028, USD Thousands
TABLE 26 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Thousands
TABLE 27 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Thousands
TABLE 28 Asia Pacific Other Vertical Market by Country, 2018 - 2021, USD Thousands
TABLE 29 Asia Pacific Other Vertical Market by Country, 2022 - 2028, USD Thousands
TABLE 30 Asia Pacific AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 31 Asia Pacific AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 32 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 33 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 34 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Thousands
TABLE 35 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Thousands
TABLE 36 Asia Pacific AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 37 Asia Pacific AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 38 Asia Pacific On-premise Market by Country, 2018 - 2021, USD Thousands
TABLE 39 Asia Pacific On-premise Market by Country, 2022 - 2028, USD Thousands
TABLE 40 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Thousands
TABLE 41 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Thousands
TABLE 42 Asia Pacific AI Governance Market by Country, 2018 - 2021, USD Thousands
TABLE 43 Asia Pacific AI Governance Market by Country, 2022 - 2028, USD Thousands
TABLE 44 China AI Governance Market, 2018 - 2021, USD Thousands
TABLE 45 China AI Governance Market, 2022 - 2028, USD Thousands
TABLE 46 China AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 47 China AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 48 China AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 49 China AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 50 China AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 51 China AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 52 China AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 53 China AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 54 Japan AI Governance Market, 2018 - 2021, USD Thousands
TABLE 55 Japan AI Governance Market, 2022 - 2028, USD Thousands
TABLE 56 Japan AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 57 Japan AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 58 Japan AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 59 Japan AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 60 Japan AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 61 Japan AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 62 Japan AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 63 Japan AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 64 India AI Governance Market, 2018 - 2021, USD Thousands
TABLE 65 India AI Governance Market, 2022 - 2028, USD Thousands
TABLE 66 India AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 67 India AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 68 India AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 69 India AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 70 India AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 71 India AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 72 India AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 73 India AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 74 South Korea AI Governance Market, 2018 - 2021, USD Thousands
TABLE 75 South Korea AI Governance Market, 2022 - 2028, USD Thousands
TABLE 76 South Korea AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 77 South Korea AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 78 South Korea AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 79 South Korea AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 80 South Korea AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 81 South Korea AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 82 South Korea AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 83 South Korea AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 84 Singapore AI Governance Market, 2018 - 2021, USD Thousands
TABLE 85 Singapore AI Governance Market, 2022 - 2028, USD Thousands
TABLE 86 Singapore AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 87 Singapore AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 88 Singapore AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 89 Singapore AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 90 Singapore AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 91 Singapore AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 92 Singapore AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 93 Singapore AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 94 Malaysia AI Governance Market, 2018 - 2021, USD Thousands
TABLE 95 Malaysia AI Governance Market, 2022 - 2028, USD Thousands
TABLE 96 Malaysia AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 97 Malaysia AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 98 Malaysia AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 99 Malaysia AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 100 Malaysia AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 101 Malaysia AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 102 Malaysia AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 103 Malaysia AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 104 Rest of Asia Pacific AI Governance Market, 2018 - 2021, USD Thousands
TABLE 105 Rest of Asia Pacific AI Governance Market, 2022 - 2028, USD Thousands
TABLE 106 Rest of Asia Pacific AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 107 Rest of Asia Pacific AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 108 Rest of Asia Pacific AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 109 Rest of Asia Pacific AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 110 Rest of Asia Pacific AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 111 Rest of Asia Pacific AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 112 Rest of Asia Pacific AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 113 Rest of Asia Pacific AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 114 key information – Microsoft Corporation
TABLE 115 Key Information – Google LLC
TABLE 116 Key information – IBM Corporation
TABLE 117 Key Information – SAP SE
TABLE 118 Key Information – Amazon Web Services, Inc.
TABLE 119 Key Information –Salesforce.com, Inc.
TABLE 120 Key Information – Meta Platforms, Inc.
TABLE 121 Key information – SAS Institute, Inc.
TABLE 122 Key information – Tibco Software, Inc.
TABLE 123 key information – QlikTech International AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Apr – 2022, SEp) Leading Players
FIG 6 Recent strategies and developments: Microsoft Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 Recent strategies and developments: Google LLC (Alphabet Inc.)
FIG 9 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 10 Recent strategies and developments: IBM Corporation
FIG 11 Swot analysis: IBM Corporation
FIG 12 SWOT Analysis: SAP SE
FIG 13 SWOT analysis: Amazon.com, Inc.
FIG 14 SWOT Analysis: Salesforce.com Inc.