Europe AI Governance Market Size, Share & Industry Trends Analysis Report By Component (Solution and Services), By Vertical, By Organization size (Large Enterprises and SMEs), By Deployment Mode, By Country and Growth Forecast, 2022 - 2028

The Europe AI Governance Market would witness market growth of 33.7% CAGR during the forecast period (2022-2028).

A rapid increase in the capacity of dedicated AI-enabled GPUs to allow and enhance self-driving technologies and AI algorithms has resulted from the deployment of AI-enabled hardware. Furthermore, because of improved computation and decision-making skills, key AI traits, including greater self-control, self-regulation, and self-actuation, have increased the application of AI in the defense, military, and government sectors. One of its benefits is the development of AI approaches to enhance the precision of target detection in challenging combat conditions.

Regulations are rapidly evolving. Authorities may need help to keep up with the growing audit trails, procedures, frameworks, and rules. Due to rising expenses, misunderstandings, and resource waste, maintaining compliance has become challenging. Using artificial intelligence, these problems may be lessened. The ability to assess and apply the proper structure may aid businesses in effectively allocating their resources. Consequently, good AI governance may result in regulatory compliance.

A variety of regional sectors are increasingly using AI. According to the UK government, 432,000 enterprises, or around 15% of all businesses, utilize at least one AI technology. It is expected that 10% of companies, or 62,000 and 292,000 firms, will utilize AI in the future. 2% of businesses are testing AI at the moment. Businesses are more likely to employ AI as they expand. Furthermore, 68% of significant organizations, 34% of mid-sized companies, and 15% of small companies have taken this action. The latter group, which makes up the majority of the business environment in the UK, is credited with the 15% adoption rate on average for the nation. Consequently, it is projected that the European market will see rapid expansion in the years to come.

The Germany market dominated the Europe AI Governance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $36,231.6 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 32.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 34.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global AI Governance Market will Hit $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

• Solution
• Services

By Vertical

• BFSI
• Healthcare & Lifesciences
• Media & Entertainment
• IT & Telecom
• Retail
• Government
• Automotive
• Others

By Organization size

• Large Enterprises
• SMEs

By Deployment Mode

• On-premise
• Cloud

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

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 Europe AI Governance Market, by Component
1.4.2 Europe AI Governance Market, by Vertical
1.4.3 Europe AI Governance Market, by Organization size
1.4.4 Europe AI Governance Market, by Deployment Mode
1.4.5 Europe 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. Europe AI Governance Market by Component
4.1 Europe Solution Market by Country
4.2 Europe Services Market by Country

Chapter 5. Europe AI Governance Market by Vertical
5.1 Europe BFSI Market by Country
5.2 Europe Healthcare & Lifesciences Market by Country
5.3 Europe Media & Entertainment Market by Country
5.4 Europe IT & Telecom Market by Country
5.5 Europe Retail Market by Country
5.6 Europe Government Market by Country
5.7 Europe Automotive Market by Country
5.8 Europe Other Vertical Market by Country

Chapter 6. Europe AI Governance Market by Organization size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country

Chapter 7. Europe AI Governance Market by Deployment Mode
7.1 Europe On-premise Market by Country
7.2 Europe Cloud Market by Country

Chapter 8. Europe AI Governance Market by Country
8.1 Germany AI Governance Market
8.1.1 Germany AI Governance Market by Component
8.1.2 Germany AI Governance Market by Vertical
8.1.3 Germany AI Governance Market by Organization size
8.1.4 Germany AI Governance Market by Deployment Mode
8.2 UK AI Governance Market
8.2.1 UK AI Governance Market by Component
8.2.2 UK AI Governance Market by Vertical
8.2.3 UK AI Governance Market by Organization size
8.2.4 UK AI Governance Market by Deployment Mode
8.3 France AI Governance Market
8.3.1 France AI Governance Market by Component
8.3.2 France AI Governance Market by Vertical
8.3.3 France AI Governance Market by Organization size
8.3.4 France AI Governance Market by Deployment Mode
8.4 Russia AI Governance Market
8.4.1 Russia AI Governance Market by Component
8.4.2 Russia AI Governance Market by Vertical
8.4.3 Russia AI Governance Market by Organization size
8.4.4 Russia AI Governance Market by Deployment Mode
8.5 Spain AI Governance Market
8.5.1 Spain AI Governance Market by Component
8.5.2 Spain AI Governance Market by Vertical
8.5.3 Spain AI Governance Market by Organization size
8.5.4 Spain AI Governance Market by Deployment Mode
8.6 Italy AI Governance Market
8.6.1 Italy AI Governance Market by Component
8.6.2 Italy AI Governance Market by Vertical
8.6.3 Italy AI Governance Market by Organization size
8.6.4 Italy AI Governance Market by Deployment Mode
8.7 Rest of Europe AI Governance Market
8.7.1 Rest of Europe AI Governance Market by Component
8.7.2 Rest of Europe AI Governance Market by Vertical
8.7.3 Rest of Europe AI Governance Market by Organization size
8.7.4 Rest of Europe 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 Europe AI Governance Market, 2018 - 2021, USD Thousands
TABLE 2 Europe 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 Europe AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 7 Europe AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 8 Europe Solution Market by Country, 2018 - 2021, USD Thousands
TABLE 9 Europe Solution Market by Country, 2022 - 2028, USD Thousands
TABLE 10 Europe Services Market by Country, 2018 - 2021, USD Thousands
TABLE 11 Europe Services Market by Country, 2022 - 2028, USD Thousands
TABLE 12 Europe AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 13 Europe AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 14 Europe BFSI Market by Country, 2018 - 2021, USD Thousands
TABLE 15 Europe BFSI Market by Country, 2022 - 2028, USD Thousands
TABLE 16 Europe Healthcare & Lifesciences Market by Country, 2018 - 2021, USD Thousands
TABLE 17 Europe Healthcare & Lifesciences Market by Country, 2022 - 2028, USD Thousands
TABLE 18 Europe Media & Entertainment Market by Country, 2018 - 2021, USD Thousands
TABLE 19 Europe Media & Entertainment Market by Country, 2022 - 2028, USD Thousands
TABLE 20 Europe IT & Telecom Market by Country, 2018 - 2021, USD Thousands
TABLE 21 Europe IT & Telecom Market by Country, 2022 - 2028, USD Thousands
TABLE 22 Europe Retail Market by Country, 2018 - 2021, USD Thousands
TABLE 23 Europe Retail Market by Country, 2022 - 2028, USD Thousands
TABLE 24 Europe Government Market by Country, 2018 - 2021, USD Thousands
TABLE 25 Europe Government Market by Country, 2022 - 2028, USD Thousands
TABLE 26 Europe Automotive Market by Country, 2018 - 2021, USD Thousands
TABLE 27 Europe Automotive Market by Country, 2022 - 2028, USD Thousands
TABLE 28 Europe Other Vertical Market by Country, 2018 - 2021, USD Thousands
TABLE 29 Europe Other Vertical Market by Country, 2022 - 2028, USD Thousands
TABLE 30 Europe AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 31 Europe AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 32 Europe Large Enterprises Market by Country, 2018 - 2021, USD Thousands
TABLE 33 Europe Large Enterprises Market by Country, 2022 - 2028, USD Thousands
TABLE 34 Europe SMEs Market by Country, 2018 - 2021, USD Thousands
TABLE 35 Europe SMEs Market by Country, 2022 - 2028, USD Thousands
TABLE 36 Europe AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 37 Europe AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 38 Europe On-premise Market by Country, 2018 - 2021, USD Thousands
TABLE 39 Europe On-premise Market by Country, 2022 - 2028, USD Thousands
TABLE 40 Europe Cloud Market by Country, 2018 - 2021, USD Thousands
TABLE 41 Europe Cloud Market by Country, 2022 - 2028, USD Thousands
TABLE 42 Europe AI Governance Market by Country, 2018 - 2021, USD Thousands
TABLE 43 Europe AI Governance Market by Country, 2022 - 2028, USD Thousands
TABLE 44 Germany AI Governance Market, 2018 - 2021, USD Thousands
TABLE 45 Germany AI Governance Market, 2022 - 2028, USD Thousands
TABLE 46 Germany AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 47 Germany AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 48 Germany AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 49 Germany AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 50 Germany AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 51 Germany AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 52 Germany AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 53 Germany AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 54 UK AI Governance Market, 2018 - 2021, USD Thousands
TABLE 55 UK AI Governance Market, 2022 - 2028, USD Thousands
TABLE 56 UK AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 57 UK AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 58 UK AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 59 UK AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 60 UK AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 61 UK AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 62 UK AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 63 UK AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 64 France AI Governance Market, 2018 - 2021, USD Thousands
TABLE 65 France AI Governance Market, 2022 - 2028, USD Thousands
TABLE 66 France AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 67 France AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 68 France AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 69 France AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 70 France AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 71 France AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 72 France AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 73 France AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 74 Russia AI Governance Market, 2018 - 2021, USD Thousands
TABLE 75 Russia AI Governance Market, 2022 - 2028, USD Thousands
TABLE 76 Russia AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 77 Russia AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 78 Russia AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 79 Russia AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 80 Russia AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 81 Russia AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 82 Russia AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 83 Russia AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 84 Spain AI Governance Market, 2018 - 2021, USD Thousands
TABLE 85 Spain AI Governance Market, 2022 - 2028, USD Thousands
TABLE 86 Spain AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 87 Spain AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 88 Spain AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 89 Spain AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 90 Spain AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 91 Spain AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 92 Spain AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 93 Spain AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 94 Italy AI Governance Market, 2018 - 2021, USD Thousands
TABLE 95 Italy AI Governance Market, 2022 - 2028, USD Thousands
TABLE 96 Italy AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 97 Italy AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 98 Italy AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 99 Italy AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 100 Italy AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 101 Italy AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 102 Italy AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 103 Italy AI Governance Market by Deployment Mode, 2022 - 2028, USD Thousands
TABLE 104 Rest of Europe AI Governance Market, 2018 - 2021, USD Thousands
TABLE 105 Rest of Europe AI Governance Market, 2022 - 2028, USD Thousands
TABLE 106 Rest of Europe AI Governance Market by Component, 2018 - 2021, USD Thousands
TABLE 107 Rest of Europe AI Governance Market by Component, 2022 - 2028, USD Thousands
TABLE 108 Rest of Europe AI Governance Market by Vertical, 2018 - 2021, USD Thousands
TABLE 109 Rest of Europe AI Governance Market by Vertical, 2022 - 2028, USD Thousands
TABLE 110 Rest of Europe AI Governance Market by Organization size, 2018 - 2021, USD Thousands
TABLE 111 Rest of Europe AI Governance Market by Organization size, 2022 - 2028, USD Thousands
TABLE 112 Rest of Europe AI Governance Market by Deployment Mode, 2018 - 2021, USD Thousands
TABLE 113 Rest of Europe 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.