LAMEA 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 Latin America, Middle East and Africa AI Governance Market would witness market growth of 42.7% CAGR during the forecast period (2022-2028).

The potential for damage that AI systems may produce is what drives the need for accountability in AI governance. AI programs can potentially make bad judgments that harm people or the environment. Responsibility may aid in ensuring the responsible usage of AI systems and that persons in charge of them are held accountable for any damage they may do. Because AI systems often have access to many data, there is a need for privacy in AI governance. Personal information about people that may be used to identify them or influence choices about them may be included in this data. Data used to train and test AI systems might raise privacy issues.

The ability of AI systems to launch assaults is what drives the need for security in AI governance. AI systems can potentially exploit existing vulnerabilities in computer systems or introduce new ones. Data used to train and test AI systems might raise security issues. Because AI systems are often used to make choices that substantially influence people's lives, trustworthiness in AI governance is necessary. Being trustworthy may guarantee that AI systems are utilized responsibly and that reliable data support their judgements.

The UAE Council for Artificial Intelligence and Blockchain started the establishment of an AI-friendly ecosystem to encourage research in the field and partnerships between the public and commercial sectors to hasten the deployment of AI technology. The Middle East and North Africa (MENA) region's primary center for international commerce and business, the UAE, is a fiercely competitive market for the information and communication technology (ICT) sector. The SmartPass system in the UAE established a digital foundation for all government agencies and departments. These services will include the UAE Strategy for Artificial Intelligence (AI) 2031. The need for responsible AI is increasing along with the deployment of AI and ML technologies, boosting regional market expansion.

The Brazil market dominated the LAMEA AI Governance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11,782 Thousands by 2028. The Argentina market is exhibiting a CAGR of 43.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 42.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global AI Governance Market is Predict to reach $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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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

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

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

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

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