AI Governance Market Share

Market Share of AI Governance Industry

The intensity of competitive rivalry in the market is expected to remain high during the forecast period. Major players include IBM Corporation, Google LLC (Alphabet Inc.), SAP SE, Microsoft Corporation, and FICO Inc.

• October 2023: IBM Corporation acquired Manta Software Inc., with Manta’s data lineage capabilities helping increase transparency within Watsonx. This will allow businesses to determine whether the right data was used for their AI models and systems, where it originated, how it has evolved, and any discrepancies in data flows and help deliver products that are built on principles of trust and transparency.
• August 2023: SAP SE and Google Cloud announced a partnership in order to improve the enterprises harness the power of data and generative AI, where the companies will combine their integrated open data cloud using SAP Datasphere with Vertex AI to launch new generative AI-powered industry solutions starting with automotive and introduce new capabilities to help customers improve sustainability performance.

AI Governance Market Leaders

1. Microsoft Corporation

2. IBM Corporation

3. SAP SE

4. Google LLC (Alphabet Inc.)

5. FICO Inc.

*Disclaimer: Major Players sorted in no particular order