조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년07월
AI Model Risk Management Market – Global Industry Forecast to 2029
AI 모델 리스크 관리 시장 – 제공물(소프트웨어 유형 및 서비스), 용도(부정 탐지 및 위험 감소, 기업 규정 준수 모니터링), 위험 유형, 시장 규모, 점유율, 성장 분석, 산업 및 지역별 – 2029년까지 세계 업계 예측
AI Model Risk Management Market Size, Share, Growth Analysis, By Offering (Software Type and Services), Application (Fraud Detection & Risk Reduction, Regulatory Compliance Monitoring), Risk Type, Vertical and Region – Global Industry Forecast to 2029
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Report Overview
The AI Model Risk Management market is projected to grow from USD 5.7 billion in 2024 to USD 10.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.9% during the forecast period.
AI 모델 리스크 관리 시장은 2024년 57억 달러에서 2029년까지 105억 달러로 성장할 것으로 예상되며, 예측 기간 동안 연평균 성장률(CAGR)은 12.9%입니다.
The market is anticipated to grow due to the increasing need to establish robust security protocols, monitor compliance, and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate the model lifecycle, improve efficiency, and surge the quality of the final production models.
“By Software type, the Explainable AI segment registers for the fastest growing market during the forecast period.”
The explainable AI segment has rapidly emerged within the AI Model Risk Management landscape. This growth is due to the growing demand for transparency and trust in AI-powered decision-making processes. As organizations across various industries integrate AI systems into their operations, Explainable AI (XAI) provides insights into how the AI models make decisions, which enables stakeholders to identify potential barriers and errors. Government and regulatory bodies also enact strict guidelines that require organizations to demonstrate fairness, accountability, and transparency. Also, the adoption of AI among industries created a need for effective risk management strategies that can handle the AI model complexities. This not only improves the overall performance of AI models but also enhances the trust and confidence of stakeholders in AI-driven decision-making processes.
“By region, Asia Pacific to register the highest CAGR market during the forecast period.” Asia Pacific is projected to grow at the highest rate during the forecast period due to several factors, such as the increasing adoption of advanced technologies and expanding financial services. The fast-growing economy across the region involves effective risk management systems, like model risk management. Investments in infrastructure and digital upgrades also speed up the demand for advanced risk analysis and compliance tools. Businesses in Asia Pacific aim to stay competitive and meet regulations as markets change, leading to a rising demand for thorough AI model risk management software in the market.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI Model Risk Management market.
- By Company: Tier I: 45%, Tier II: 35%, and Tier III: 20%
- By Designation: C-Level Executives: 35%, D-Level Executives: 40%, and Others: 25%
- By Region: North America: 40%, Europe: 30%, Asia Pacific: 20%, Latin America-5%, and Middle East & Africa- 5%
The report includes the study of key players offering AI Model Risk Management solutions. It profiles major vendors in the AI Model Risk Management market. The major players in the AI Model Risk Management market include Microsoft (US), IBM (US), SAS Institute (US), AWS (US), H2O.ai (US), Google (US), LogicGate (US), LogicManager (US), C3 AI (US), MathWorks (US), Alteryx (US), DataBricks (US), Robust Intelligence (US), CIMCON Software (US), Empowered Systems (UK), Mitratech (US), Yields.io (Belgium), MeticStream (US), iManage (US), UpGuard (US), Apparity (US), AuditBoard (US), NAVEX Global (US), Scrut Automation (India), DataTron (US), Krista (US), Fairly AI (Canada), ModelOp (US), Armilla AI (Canada), Crowe (US), and ValidMind (US).
Research Coverage
The AI Model Risk Management market research study involved extensive secondary sources, directories, journals, and paid databases. Primary sources were mainly industry experts from the core and related industries, preferred AI Model Risk Management providers, third-party service providers, consulting service providers, end users, and other commercial enterprises. In-depth interviews were conducted with various primary respondents, including key industry participants and subject matter experts, to obtain and verify critical qualitative and quantitative information, and assess the market’s prospects.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall AI Model Risk Management market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the market’s pulse and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising need to automate risk assessment for degraded manual errors, increasing need to establish robust security protocols, monitor compliance, and respond effectively to emerging threats, and rising need to automate the model lifecycle, improve efficiency, and surge the quality of the final production models), restraints (Increasing cybersecurity risks such as data breaches and model tampering, and stringent Regulations and risk frameworks), opportunities (Emergence of Generative AI for automating compliance audits and efficiently managing risks, and the advent of reinforcement learning and deep learning to handle intricate risk scenarios across the BFSI sector), and challenges (Complex model interpretation and validation process, real-time model monitoring could be time-consuming, and the data privacy issues with AI and ML).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI Model Risk Management market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the AI Model Risk Management market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the AI Model Risk Management market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, including Microsoft (US), IBM (US), SAS Institute (US), AWS (US), Google (US), C3 AI (US), and H2O.ai (US) among others in the AI model risk management market strategies. The report also helps stakeholders understand the pulse of the AI model risk management market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.2.1 INCLUSIONS AND EXCLUSIONS 32
1.3 MARKET SCOPE 32
1.3.1 MARKET SEGMENTATION 33
1.3.2 YEARS CONSIDERED 34
1.4 CURRENCY CONSIDERED 34
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
2.1.1 SECONDARY DATA 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Breakup of primary profiles 38
2.1.2.2 Key industry insights 38
2.2 DATA TRIANGULATION 39
2.3 MARKET SIZE ESTIMATION 40
2.3.1 TOP-DOWN APPROACH 40
2.3.2 BOTTOM-UP APPROACH 41
2.4 MARKET FORECAST 44
2.5 RESEARCH ASSUMPTIONS 45
2.6 RISK ASSESSMENT 47
2.7 RESEARCH LIMITATIONS 47
2.8 IMPLICATIONS OF GENERATIVE AI ON AI MODEL RISK MANAGEMENT MARKET 48
3 EXECUTIVE SUMMARY 50
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AI MODEL RISK MANAGEMENT MARKET 57
4.2 AI MODEL RISK MANAGEMENT MARKET, BY TOP 3 APPLICATIONS 57
4.3 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING AND SERVICE 58
4.4 AI MODEL RISK MANAGEMENT MARKET, BY REGION 58
5 MARKET OVERVIEW AND INDUSTRY TRENDS 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 59
5.2.1 DRIVERS 60
5.2.1.1 Rising need to automate risk assessment for degraded manual errors 60
5.2.1.2 Growing necessity to establish robust security protocols, monitor compliance, and respond effectively to emerging threats 61
5.2.1.3 Increasing requirement to automate model lifecycle, improve efficiency, and ensure high-quality final production models 61
5.2.2 RESTRAINTS 61
5.2.2.1 Increasing cybersecurity risks 61
5.2.2.2 Stringent regulations and risk frameworks 62
5.2.3 OPPORTUNITIES 62
5.2.3.1 Emergence of generative AI to automate compliance audits and efficiently manage risks 62
5.2.3.2 Advent of reinforcement learning and deep learning to handle intricate risk scenarios across BFSI sector 62
5.2.4 CHALLENGES 63
5.2.4.1 Complex model interpretation and validation processes 63
5.2.4.2 Extended development timeline due to technical complexity 63
5.2.4.3 Data privacy issues with AI and ML 63
5.3 EVOLUTION OF AI MODEL RISK MANAGEMENT MARKET 64
5.4 SUPPLY CHAIN ANALYSIS 65
5.5 ECOSYSTEM ANALYSIS 66
5.5.1 AI MODEL RISK MANAGEMENT MARKET: SOFTWARE AND SERVICE PROVIDERS 68
5.5.2 AI MODEL RISK MANAGEMENT MARKET: SOFTWARE PROVIDERS 68
5.5.3 AI MODEL RISK MANAGEMENT MARKET: SERVICE PROVIDERS 69
5.5.4 AI MODEL RISK MANAGEMENT MARKET: END USERS 69
5.5.5 AI MODEL RISK MANAGEMENT MARKET: REGULATORY BODIES 69
5.6 CASE STUDY ANALYSIS 69
5.6.1 MITRATECH FACILITATES SHAWBROOK BANK DEPLOY CENTRALIZED PLATFORM FOR MANAGING BUSINESS-CRITICAL SPREADSHEETS 69
5.6.2 YIELDS EMPOWERED AXA BANK BELGIUM TO EVOLVE DYNAMICALLY AND MEET CHALLENGES OF ITS EXPANDING PORTFOLIO EFFECTIVELY 70
5.6.3 ERSTE BANK CROATIA ADVANCES RISK MANAGEMENT AND CUSTOMER EXPERIENCE WITH SAS VISUAL ANALYTICS 70
5.6.4 WORLDREMIT TRANSFORMED ITS RISK MANAGEMENT WITH PROTECHT 71
5.6.5 AYALON INSURANCE ENHANCES ANTI-MONEY LAUNDERING COMPLIANCE WITH SAS INSTITUTE 72
5.7 TECHNOLOGY ANALYSIS 73
5.7.1 KEY TECHNOLOGIES 73
5.7.1.1 AI and ML 73
5.7.1.1.1 NLP 74
5.7.1.2 Big data & analytics 74
5.7.2 COMPLEMENTARY TECHNOLOGIES 74
5.7.2.1 Cloud computing 74
5.7.2.2 Edge computing 74
5.7.3 ADJACENT TECHNOLOGIES 75
5.7.3.1 Computer vision 75
5.7.3.2 IoT 75
5.7.3.3 RPA 75
5.7.3.4 Cybersecurity 76
5.8 KEY CONFERENCES AND EVENTS (2024–2025) 76
5.9 INVESTMENT LANDSCAPE AND FUNDING SCENARIO 77
5.10 REGULATORY LANDSCAPE 78
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
5.10.2 REGULATIONS: AI MODEL RISK MANAGEMENT 83
5.10.2.1 North America 83
5.10.2.1.1 US 83
5.10.2.1.2 Canada 83
5.10.2.2 Europe 83
5.10.2.2.1 UK 83
5.10.2.3 Asia Pacific 84
5.10.2.3.1 India 84
5.10.2.3.2 Singapore 84
5.10.2.3.3 Australia 84
5.10.2.3.4 Hong Kong 84
5.10.2.4 Middle East & Africa 84
5.10.2.4.1 UAE 84
5.10.2.4.2 South Africa 84
5.10.2.4.3 Saudi Arabia 84
5.10.2.4.4 Israel 84
5.10.2.5 Latin America 85
5.10.2.5.1 Brazil 85
5.10.2.5.2 Mexico 85
5.10.2.5.3 Argentina 85
5.10.2.5.4 Colombia 85
5.10.2.5.5 Peru 85
5.11 PATENT ANALYSIS 85
5.11.1 METHODOLOGY 85
5.11.2 PATENTS FILED, BY DOCUMENT TYPE 86
5.11.3 INNOVATIONS AND PATENT APPLICATIONS 86
5.11.3.1 Top 10 patent applicants 87
5.12 PRICING ANALYSIS 91
5.12.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION 92
5.12.2 INDICATIVE PRICING ANALYSIS, BY OFFERING 93
5.13 PORTER’S FIVE FORCES ANALYSIS 94
5.13.1 THREAT FROM NEW ENTRANTS 95
5.13.2 THREAT OF SUBSTITUTES 95
5.13.3 BARGAINING POWER OF SUPPLIERS 96
5.13.4 BARGAINING POWER OF BUYERS 96
5.13.5 INTENSITY OF COMPETITION RIVALRY 96
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 97
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 98
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 98
5.15.2 BUYING CRITERIA 99
6 AI MODEL RISK MANAGEMENT MARKET, BY OFFERING 100
6.1 INTRODUCTION 101
6.1.1 OFFERING: AI MODEL RISK MANAGEMENT MARKET DRIVERS 101
6.2 SOFTWARE 102
6.2.1 MODEL MANAGEMENT 103
6.2.1.1 Model management software assists organizations in risk mitigation to adapt swiftly to evolving regulatory and operational demands 103
6.2.1.2 Monitoring and performance 105
6.2.1.3 Testing and validation 106
6.2.1.4 Governance and compliance 107
6.2.1.5 Automated retraining and development 108
6.2.1.6 Collaboration development 109
6.2.2 BIAS DETECTION AND FAIRNESS TOOLS 110
6.2.2.1 Bias detection and fairness tools identify and mitigate biases within AI models to ensure equitable and non-discriminatory outcomes 110
6.2.3 EXPLAINABLE AI TOOLS 111
6.2.3.1 Explainable AI tools facilitate compliance with regulatory standards, support ethical AI practices, and improve accountability 111
6.2.4 RISK SCORING AND STRESS TESTING TOOLS 112
6.2.4.1 Risk scoring and stress testing tools safeguard organizations from unforeseen risks and operational disruptions 112
6.2.5 SECURITY AND PRIVACY MANAGEMENT TOOLS 113
6.2.5.1 Growing need to ensure safe and ethical use of AI technologies to drive market 113
6.2.6 REPORTING AND ANALYTICS TOOLS 114
6.2.6.1 Advanced reporting and analytics tools enhance AI model risk management 114
6.3 DEPLOYMENT MODE 115
6.3.1 ON-PREMISES 117
6.3.1.1 On-premises deployment offers enterprises maximum control, security, and compliance in AI model risk management 117
6.3.2 CLOUD 118
6.3.2.1 Need for scalability, flexibility, and cost-effectiveness to fuel demand for cloud deployment of AI model risk management 118
6.4 SERVICES 119
6.4.1 PROFESSIONAL SERVICES 120
6.4.1.1 Consulting & advisory 122
6.4.1.1.1 Increasing demand for personalized customer experiences and efficient business operations to spur market growth 122
6.4.1.2 Integration & deployment 123
6.4.1.2.1 Integration & deployment services facilitate the seamless incorporation and efficient utilization of AI-powered software systems 123
6.4.1.3 Support & maintenance 124
6.4.1.3.1 Support & maintenance services ensure the ongoing reliability, performance, and security of AI model risk management solutions 124
6.4.1.4 Training & education 125
6.4.1.4.1 Training and education services enhance model transparency and ensure adherence to ethical guidelines and regulatory requirements 125
6.4.2 MANAGED SERVICES 126
7 AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE 128
7.1 INTRODUCTION 129
7.1.1 RISK TYPE: AI MODEL RISK MANAGEMENT MARKET DRIVERS 129
7.2 SECURITY RISK 130
7.2.1 SECURITY RISKS IN AI MODEL RISK MANAGEMENT SOFTWARE SAFEGUARD AND ENSURE INTEGRITY AND CONFIDENTIALITY OF AI-DRIVEN PROCESSES 130
7.3 ETHICAL RISK 131
7.3.1 AI MODEL RISK MANAGEMENT SOFTWARE ENSURES RESPONSIBLE AI USAGE AND MINIMIZES ETHICAL RISKS LINKED WITH AI TECHNOLOGIES 131
7.4 OPERATIONAL RISK 132
7.4.1 OPERATIONAL RISK INVOLVES ADDRESSING SYSTEM FAILURES AND OPTIMIZING AI MODELS TO MAINTAIN EFFECTIVENESS 132
8 AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION 134
8.1 INTRODUCTION 135
8.1.1 APPLICATION: AI MODEL RISK MANAGEMENT MARKET DRIVERS 135
8.2 SENTIMENT ANALYSIS 137
8.2.1 SENTIMENT ANALYSIS AIDS BUSINESSES UNDERSTAND CUSTOMER PERCEPTIONS, IDENTIFY EMERGING TRENDS, AND DETECT BRAND REPUTATION RISKS 137
8.3 FRAUD DETECTION AND RISK REDUCTION 138
8.3.1 FRAUD DETECTION AND RISK REDUCTION ENHANCE TRUST AND SECURITY IN AI MODELS AMONG INDUSTRIES 138
8.4 MODEL INVENTORY MANAGEMENT 139
8.4.1 MODEL INVENTORY ENSURES TRACKING, MONITORING, AND OPTIMIZATION OF AI MODELS FOR RISK MITIGATION 139
8.5 DATA CLASSIFICATION AND LABELING 140
8.5.1 DATA CLASSIFICATION AND LABELING IDENTIFY POTENTIAL BIAS AND ENSURE ROBUST GOVERNANCE THROUGHOUT AI LIFECYCLE 140
8.6 REGULATORY COMPLIANCE MONITORING 141
8.6.1 NEED TO ADHERE TO LEGAL AND ETHICAL STANDARDS IN AI DEPLOYMENT TO DRIVE MARKET 141
8.7 CUSTOMER SEGMENTATION AND TARGETING 142
8.7.1 NEED TO EFFECTIVELY ADDRESS DIVERSE CUSTOMER NEEDS TO DRIVE MARKET 142
8.8 OTHER APPLICATIONS 143
9 AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL 145
9.1 INTRODUCTION 146
9.1.1 VERTICAL: AI MODEL RISK MANAGEMENT MARKET DRIVERS 146
9.2 BFSI 148
9.2.1 INCREASING COMPLEXITY OF FINANCIAL PRODUCTS AND REGULATIONS TO DRIVE MARKET 148
9.2.2 CREDIT RISK ASSESSMENT 149
9.2.3 ALGORITHMIC TRADING 150
9.2.4 ANTI-MONEY LAUNDERING (AML) MONITORING 150
9.2.5 MARKET RISK ANALYSIS 150
9.2.6 LOAN DEFAULT PREDICTION 151
9.2.7 OTHERS 151
9.3 RETAIL & ECOMMERCE 152
9.3.1 AI-DRIVEN RISK MANAGEMENT EMPOWERS BUSINESSES TO MANAGE RISKS AND DELIVER SECURE AND PERSONALIZED CUSTOMER EXPERIENCE 152
9.3.2 DEMAND AND SALES FORECASTING 153
9.3.3 CUSTOMER CHURN PREDICTION 153
9.3.4 PERSONALIZED RECOMMENDATIONS 154
9.3.5 RETURN AND REFUND RISK MANAGEMENT 154
9.3.6 CUSTOMER LIFETIME VALUE PREDICTION 154
9.3.7 OTHERS 155
9.4 TELECOM 155
9.4.1 TELECOM INCORPORATES AI MODELS TO MITIGATE RISKS RELATED TO DATA PRIVACY AND NETWORK SECURITY 155
9.4.2 NETWORK PERFORMANCE MONITORING 156
9.4.3 CUSTOMER EXPERIENCE MANAGEMENT 157
9.4.4 USAGE PATTERN ANALYSIS 157
9.4.5 SERVICE RELIABILITY PREDICTION 157
9.4.6 REVENUE ASSURANCE 158
9.4.7 OTHERS 158
9.5 MANUFACTURING 159
9.5.1 MANUFACTURING SECTOR USES DATA ANALYTICS TO PREDICT OPERATIONAL RISKS AND ENHANCE PRODUCTION PROCESSES 159
9.5.2 PREDICTIVE MAINTENANCE 160
9.5.3 QUALITY CONTROL 160
9.5.4 PRODUCTION LINE RISK MANAGEMENT 161
9.5.5 SUPPLIER RISK ASSESSMENT 161
9.5.6 LEAN MANUFACTURING OPTIMIZATION 161
9.5.7 OTHERS 162
9.6 HEALTHCARE & LIFE SCIENCES 162
9.6.1 ACCURACY, ROBUSTNESS, AND FAIRNESS OF PREDICTIONS TO DRIVE DEMAND IN HEALTHCARE & LIFE SCIENCES 162
9.6.2 PATIENT RISK STRATIFICATION 163
9.6.3 PREDICTIVE DIAGNOSTICS 164
9.6.4 CLINICAL TRIAL OPTIMIZATION 164
9.6.5 DRUG SAFETY MONITORING 164
9.6.6 HEALTHCARE COST MANAGEMENT 165
9.6.7 OTHERS 165
9.7 MEDIA & ENTERTAINMENT 166
9.7.1 NEED TO ENHANCE USER EXPERIENCES, MAINTAIN PUBLIC TRUST, AND UPHOLD ETHICAL STANDARDS TO DRIVE DEMAND IN MEDIA & ENTERTAINMENT 166
9.7.2 AUDIENCE SEGMENTATION 167
9.7.3 CONTENT RECOMMENDATION SYSTEMS 167
9.7.4 AD TARGETING OPTIMIZATION 168
9.7.5 ENGAGEMENT ANALYSIS 168
9.7.6 CONTENT DEMAND FORECASTING 168
9.7.7 OTHERS 169
9.8 IT & ITES 169
9.8.1 IT & ITES LEVERAGE ADVANCED ANALYTICS TO ASSESS AND MITIGATE RISKS 169
9.8.2 IT INFRASTRUCTURE RISK MANAGEMENT 170
9.8.3 DATA PRIVACY COMPLIANCE MONITORING 171
9.8.4 SERVICE LEVEL AGREEMENT (SLA) COMPLIANCE PREDICTION 171
9.8.5 INCIDENT RESPONSE OPTIMIZATION 171
9.8.6 SYSTEM DOWNTIME PREDICTION 171
9.8.7 PROJECT RISK MANAGEMENT 172
9.8.8 OTHERS 172
9.9 GOVERNMENT & PUBLIC SECTOR 173
9.9.1 GOVERNMENTS INCREASINGLY RELY ON AI FOR DECISION-MAKING IN PUBLIC SAFETY, HEALTHCARE, TRANSPORTATION, AND SOCIAL SERVICES 173
9.9.2 PUBLIC HEALTH SURVEILLANCE 174
9.9.3 DISASTER RESPONSE PLANNING 174
9.9.4 CRIME PREDICTION AND PREVENTION 174
9.9.5 ENVIRONMENTAL RISK MANAGEMENT 174
9.9.6 SOCIAL SERVICES ELIGIBILITY VERIFICATION 174
9.9.7 OTHERS 174
9.10 OTHER VERTICALS 175
10 AI MODEL RISK MANAGEMENT MARKET, BY REGION 177
10.1 INTRODUCTION 178
10.2 NORTH AMERICA 179
10.2.1 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET DRIVERS 180
10.2.2 NORTH AMERICA: IMPACT OF RECESSION 180
10.2.3 US 188
10.2.3.1 Rising adoption of AI in finance and banking sectors to drive market 188
10.2.4 CANADA 189
10.2.4.1 Evolving regulations and guidelines on model risk management to drive market 189
10.3 EUROPE 190
10.3.1 EUROPE: AI MODEL RISK MANAGEMENT MARKET DRIVERS 190
10.3.2 EUROPE: IMPACT OF RECESSION 191
10.3.3 UK 198
10.3.3.1 Evolving Landscape of AI Model Risk Management to address the multifaceted challenges posed by AI-driven decision-making systems in various sectors 198
10.3.4 GERMANY 199
10.3.4.1 Growing complexity of AI applications and increasing regulatory scrutiny to drive market 199
10.3.5 FRANCE 200
10.3.5.1 Introduction of guidelines and frameworks for responsible development and deployment of AI systems to drive market 200
10.3.6 SPAIN 200
10.3.6.1 Increasing integration of advanced machine learning algorithms and AI-powered tools to drive market 200
10.3.7 ITALY 201
10.3.7.1 Growing development and adoption of AI technologies to drive market 201
10.3.8 REST OF EUROPE 201
10.4 ASIA PACIFIC 202
10.4.1 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET DRIVERS 202
10.4.2 ASIA PACIFIC: IMPACT OF RECESSION 202
10.4.3 CHINA 211
10.4.3.1 Government initiatives and advancements by major tech companies to drive market 211
10.4.4 JAPAN 211
10.4.4.1 Focus on mitigating risks related to bias, data privacy, and decision-making to drive market 211
10.4.5 INDIA 212
10.4.5.1 Growing adoption of AI technologies in various industries to drive market 212
10.4.6 SOUTH KOREA 212
10.4.6.1 Commitment to fostering secure and ethical AI ecosystem to drive market 212
10.4.7 AUSTRALIA & NEW ZEALAND 213
10.4.7.1 Rising need for transparency in AI decision-making and demand for robust and reliable AI systems to drive market 213
10.4.8 ASEAN COUNTRIES 213
10.4.8.1 Development and implementation of strategies to harness benefits and manage risks of AI to drive market 213
10.4.9 REST OF ASIA PACIFIC 214
10.5 MIDDLE EAST & AFRICA 215
10.5.1 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET DRIVERS 215
10.5.2 MIDDLE EAST & AFRICA: IMPACT OF RECESSION 215
10.5.3 MIDDLE EAST 223
10.5.3.1 Saudi Arabia 223
10.5.3.1.1 Ongoing efforts to refine regulatory frameworks, enhance technological capabilities, and foster collaboration to drive market 223
10.5.3.2 UAE 224
10.5.3.2.1 Rising adoption of AI and machine learning technologies in financial sector to drive market 224
10.5.3.3 Qatar 225
10.5.3.3.1 Increasing focus on robust regulatory frameworks and advanced technological capabilities to mitigate AI-related risks to drive market 225
10.5.3.4 Turkey 225
10.5.3.4.1 Investment in AI and machine learning technologies to drive market 225
10.5.4 REST OF MIDDLE EAST 226
10.5.5 AFRICA 226
10.6 LATIN AMERICA 227
10.6.1 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET DRIVERS 227
10.6.2 LATIN AMERICA: IMPACT OF RECESSION 228
10.6.3 BRAZIL 234
10.6.3.1 Government-led projects and public-private partnerships focused on use of AI in public services to drive market 234
10.6.4 MEXICO 235
10.6.4.1 Development of policies and frameworks to regulate AI use to drive market 235
10.6.5 ARGENTINA 236
10.6.5.1 Growing focus on developing secure and reliable AI solutions for various sectors to drive market 236
10.6.6 REST OF LATIN AMERICA 236
11 COMPETITIVE LANDSCAPE 237
11.1 OVERVIEW 237
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 237
11.3 REVENUE ANALYSIS 240
11.4 MARKET SHARE ANALYSIS 241
11.4.1 MARKET RANKING ANALYSIS 242
11.5 PRODUCT COMPARATIVE ANALYSIS 243
11.6 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS 244
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 245
11.7.1 STARS 245
11.7.2 EMERGING LEADERS 245
11.7.3 PERVASIVE PLAYERS 245
11.7.4 PARTICIPANTS 245
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS 247
11.7.5.1 Company footprint 247
11.7.5.2 Regional footprint 248
11.7.5.3 Application footprint 249
11.7.5.4 Vertical footprint 250
11.7.5.5 Product footprint 251
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 252
11.8.1 PROGRESSIVE COMPANIES 252
11.8.2 RESPONSIVE COMPANIES 252
11.8.3 DYNAMIC COMPANIES 252
11.8.4 STARTING BLOCKS 252
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 254
11.8.5.1 Detailed list of key startups/SMEs 254
11.8.5.2 Competitive benchmarking of key startups/SMEs 255
11.9 COMPETITIVE SCENARIO AND TRENDS 255
11.9.1 PRODUCT LAUNCHES & ENHANCEMENTS 255
11.9.2 DEALS 258
12 COMPANY PROFILES 262
12.1 INTRODUCTION 262
12.2 KEY PLAYERS 262
12.2.1 MICROSOFT 262
12.2.1.1 Business overview 262
12.2.1.2 Products/Solutions/Services offered 264
12.2.1.3 Recent developments 264
12.2.1.4 MnM view 265
12.2.1.4.1 Key strengths 265
12.2.1.4.2 Strategic choices 266
12.2.1.4.3 Weaknesses and competitive threats 266
12.2.2 IBM 267
12.2.2.1 Business overview 267
12.2.2.2 Products/Solutions/Services offered 268
12.2.2.3 Recent developments 269
12.2.2.4 MnM view 271
12.2.2.4.1 Key strengths 271
12.2.2.4.2 Strategic choices 271
12.2.2.4.3 Weaknesses and competitive threats 271
12.2.3 SAS INSTITUTE 272
12.2.3.1 Business overview 272
12.2.3.2 Products/Solutions/Services offered 272
12.2.3.3 Recent developments 273
12.2.3.4 MnM view 274
12.2.3.4.1 Key strengths 274
12.2.3.4.2 Strategic choices 274
12.2.3.4.3 Weaknesses and competitive threats 275
12.2.4 AWS 276
12.2.4.1 Business overview 276
12.2.4.2 Products/Solutions/Services offered 277
12.2.4.3 Recent developments 277
12.2.4.4 MnM view 279
12.2.4.4.1 Key strengths 279
12.2.4.4.2 Strategic choices 279
12.2.4.4.3 Weaknesses and competitive threats 280
12.2.5 GOOGLE 281
12.2.5.1 Business overview 281
12.2.5.2 Products/Solutions/Services offered 282
12.2.5.3 MnM view 283
12.2.5.3.1 Key strengths 283
12.2.5.3.2 Strategic choices 283
12.2.5.3.3 Weaknesses and competitive threats 283
12.2.6 H2O.AI 284
12.2.6.1 Business overview 284
12.2.6.2 Products/Solutions/Services offered 284
12.2.6.3 Recent developments 285
12.2.7 LOGICGATE 286
12.2.7.1 Business overview 286
12.2.7.2 Products/Solutions/Services offered 286
12.2.8 LOGICMANAGER 289
12.2.8.1 Business overview 289
12.2.8.2 Products/Solutions/Services offered 289
12.2.9 C3 AI 291
12.2.9.1 Business overview 291
12.2.9.2 Products/Solutions/Services offered 292
12.2.10 MATHWORKS 294
12.2.10.1 Business overview 294
12.2.10.2 Products/Solutions/Services offered 294
12.2.11 ALTERYX 296
12.2.12 AUDITBOARD 297
12.2.13 DATABRICKS 298
12.2.14 APPARITY 299
12.2.15 CIMCON SOFTWARE 300
12.2.16 EMPOWERED SYSTEMS 300
12.2.17 MITRATECH 301
12.2.18 NAVEX GLOBAL 302
12.2.19 CROWE 303
12.2.20 METRICSTREAM 304
12.2.21 IMANAGE 305
12.2.22 UPGUARD 306
12.3 STARTUPS/SMES 307
12.3.1 ROBUST INTELLIGENCE 307
12.3.2 YIELDS.IO 308
12.3.3 SCRUT AUTOMATION 309
12.3.4 DATATRON 310
12.3.5 KRISTA 311
12.3.6 FAIRLY AI 312
12.3.7 MODELOP 313
12.3.8 ARMILLA AI 314
12.3.9 VALIDMIND 315
13 ADJACENT AND RELATED MARKETS 316
13.1 INTRODUCTION 316
13.2 GENERATIVE AI MARKET – GLOBAL FORECAST TO 2030 316
13.2.1 MARKET DEFINITION 316
13.2.2 MARKET OVERVIEW 316
13.2.2.1 Generative AI market, by offering 316
13.2.2.2 Generative AI market, by data modality 317
13.2.2.3 Generative AI market, by application 318
13.2.2.4 Generative AI market, by vertical 319
13.2.2.5 Generative AI market, by region 320
13.3 MLOPS MARKET – GLOBAL FORECAST TO 2027 321
13.3.1 MARKET DEFINITION 321
13.3.2 MARKET OVERVIEW 321
13.3.2.1 MLOps market, by component 321
13.3.2.2 MLOps market, by deployment mode 322
13.3.2.3 MLOps market, by organization size 323
13.3.2.4 MLOps market, by vertical 323
13.3.2.5 MLOps market, by region 325
14 APPENDIX 326
14.1 DISCUSSION GUIDE 326
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 333
14.3 CUSTOMIZATION OPTIONS 335
14.4 RELATED REPORTS 335
14.5 AUTHOR DETAILS 336
LIST OF TABLES
TABLE 1 USD EXCHANGE RATES, 2019–2023 34
TABLE 2 PRIMARY INTERVIEWS 37
TABLE 3 FACTOR ANALYSIS 44
TABLE 4 IMPACT OF GENERATIVE AI ON AI MODEL RISK MANAGEMENT MARKET 48
TABLE 5 AI MODEL RISK MANAGEMENT MARKET SIZE AND GROWTH RATE,
2019–2023 (USD MILLION, Y-O-Y %) 51
TABLE 6 AI MODEL RISK MANAGEMENT MARKET SIZE AND GROWTH RATE,
2024–2029 (USD MILLION, Y-O-Y %) 51
TABLE 7 AI MODEL RISK MANAGEMENT MARKET: ECOSYSTEM 66
TABLE 8 AI MODEL RISK MANAGEMENT MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025 76
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 12 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 13 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 14 PATENTS FILED, 2013–2023 86
TABLE 15 AI MODEL RISK MANAGEMENT MARKET: TOP 20 PATENT OWNERS, 2013–2023 87
TABLE 16 AI MODEL RISK MANAGEMENT MARKET: LIST OF PATENTS GRANTED, 2022–2023 88
TABLE 17 AVERAGE SELLING PRICE OF KEY PLAYERS FOR TOP 3 APPLICATIONS 93
TABLE 18 INDICATIVE PRICING OF AI MODEL RISK MANAGEMENT OFFERINGS 93
TABLE 19 AI MODEL RISK MANAGEMENT MARKET: IMPACT OF PORTER’S FIVE FORCES 94
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 98
TABLE 21 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 99
TABLE 22 AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 102
TABLE 23 AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 102
TABLE 24 AI MODEL RISK MANAGEMENT MARKET, BY SOFTWARE TYPE,
2019–2023 (USD MILLION) 103
TABLE 25 AI MODEL RISK MANAGEMENT MARKET, BY SOFTWARE TYPE,
2024–2029 (USD MILLION) 103
TABLE 26 AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 104
TABLE 27 AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 104
TABLE 28 MODEL MANAGEMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 105
TABLE 29 MODEL MANAGEMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 105
TABLE 30 MONITORING AND PERFORMANCE: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 106
TABLE 31 MONITORING AND PERFORMANCE: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 106
TABLE 32 TESTING AND VALIDATION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 107
TABLE 33 TESTING AND VALIDATION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 107
TABLE 34 GOVERNANCE AND COMPLIANCE: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 108
TABLE 35 TESTING AND VALIDATION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 108
TABLE 36 AUTOMATED RETRAINING AND DEVELOPMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 109
TABLE 37 AUTOMATED RETRAINING AND DEVELOPMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 109
TABLE 38 COLLABORATION DEVELOPMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 110
TABLE 39 COLLABORATION DEVELOPMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 110
TABLE 40 BIAS DETECTION AND FAIRNESS TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 111
TABLE 41 BIAS DETECTION AND FAIRNESS TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 111
TABLE 42 EXPLAINABLE AI TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 112
TABLE 43 EXPLAINABLE AI TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 112
TABLE 44 RISK SCORING AND STRESS TESTING TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 113
TABLE 45 RISK SCORING AND STRESS TESTING TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 113
TABLE 46 SECURITY AND PRIVACY MANAGEMENT TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 114
TABLE 47 SECURITY AND PRIVACY MANAGEMENT TOOLS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 114
TABLE 48 REPORTING AND ANALYTICS TOOLS: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 115
TABLE 49 REPORTING AND ANALYTICS TOOLS: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 115
TABLE 50 AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 116
TABLE 51 AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 116
TABLE 52 ON-PREMISES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 117
TABLE 53 ON-PREMISES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 117
TABLE 54 CLOUD: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 118
TABLE 55 CLOUD: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 118
TABLE 56 AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION) 119
TABLE 57 AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION) 119
TABLE 58 SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 120
TABLE 59 SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 120
TABLE 60 AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE,
2019–2023 (USD MILLION) 121
TABLE 61 AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE,
2024–2029 (USD MILLION) 121
TABLE 62 PROFESSIONAL SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 122
TABLE 63 PROFESSIONAL SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 122
TABLE 64 CONSULTING & ADVISORY: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 123
TABLE 65 CONSULTING & ADVISORY: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 123
TABLE 66 INTEGRATION & DEPLOYMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 124
TABLE 67 INTEGRATION & DEPLOYMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 124
TABLE 68 SUPPORT & MAINTENANCE: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 125
TABLE 69 SUPPORT & MAINTENANCE: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 125
TABLE 70 TRAINING & EDUCATION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 126
TABLE 71 TRAINING & EDUCATION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 126
TABLE 72 MANAGED SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 127
TABLE 73 MANAGED SERVICES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 127
TABLE 74 AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2019–2023 (USD MILLION) 130
TABLE 75 AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2024–2029 (USD MILLION) 130
TABLE 76 SECURITY RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 130
TABLE 77 SECURITY RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 131
TABLE 78 ETHICAL RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 131
TABLE 79 ETHICAL RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 132
TABLE 80 OPERATIONAL RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 132
TABLE 81 OPERATIONAL RISK: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 133
TABLE 82 AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2019–2023 (USD MILLION) 136
TABLE 83 AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 137
TABLE 84 SENTIMENT ANALYSIS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 137
TABLE 85 SENTIMENT ANALYSIS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 138
TABLE 86 FRAUD DETECTION AND RISK REDUCTION: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 138
TABLE 87 FRAUD DETECTION AND RISK REDUCTION: AI MODEL RISK MANAGEMENT MARKET BY REGION, 2024–2029 (USD MILLION) 139
TABLE 88 MODEL INVENTORY MANAGEMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 139
TABLE 89 MODEL INVENTORY MANAGEMENT: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 140
TABLE 90 DATA CLASSIFICATION AND LABELING: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 140
TABLE 91 DATA CLASSIFICATION AND LABELING: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 141
TABLE 92 REGULATORY COMPLIANCE MONITORING: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 141
TABLE 93 REGULATORY COMPLIANCE MONITORING: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 142
TABLE 94 CUSTOMER SEGMENTATION AND TARGETING: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 142
TABLE 95 CUSTOMER SEGMENTATION AND TARGETING: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 143
TABLE 96 OTHER APPLICATIONS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 144
TABLE 97 OTHER APPLICATIONS: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 144
TABLE 98 AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 147
TABLE 99 AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL 2024–2029 (USD MILLION) 148
TABLE 100 BFSI: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 149
TABLE 101 BFSI: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 149
TABLE 102 RETAIL & ECOMMERCE: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 152
TABLE 103 RETAIL & ECOMMERCE: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 153
TABLE 104 TELECOM: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 156
TABLE 105 TELECOM: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 156
TABLE 106 MANUFACTURING: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 159
TABLE 107 MANUFACTURING: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 160
TABLE 108 HEALTHCARE & LIFE SCIENCES: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 163
TABLE 109 HEALTHCARE & LIFE SCIENCES: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 163
TABLE 110 MEDIA & ENTERTAINMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 166
TABLE 111 MEDIA & ENTERTAINMENT: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 167
TABLE 112 IT & ITES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 170
TABLE 113 IT & ITES: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 170
TABLE 114 GOVERNMENT & PUBLIC SECTOR: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2019–2023 (USD MILLION) 173
TABLE 115 GOVERNMENT & PUBLIC SECTOR: AI MODEL RISK MANAGEMENT MARKET,
BY REGION, 2024–2029 (USD MILLION) 173
TABLE 116 OTHER VERTICALS: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2019–2023 (USD MILLION) 176
TABLE 117 OTHER VERTICALS: AI MODEL RISK MANAGEMENT MARKET, BY REGION,
2024–2029 (USD MILLION) 176
TABLE 118 AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 179
TABLE 119 AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 179
TABLE 120 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 181
TABLE 121 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET BY OFFERING,
2024–2029 (USD MILLION) 182
TABLE 122 NORTH AMERICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 182
TABLE 123 NORTH AMERICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 182
TABLE 124 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 183
TABLE 125 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 183
TABLE 126 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 183
TABLE 127 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 184
TABLE 128 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION) 184
TABLE 129 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION) 184
TABLE 130 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 184
TABLE 131 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 185
TABLE 132 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2019–2023 (USD MILLION) 185
TABLE 133 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2024–2029 (USD MILLION) 185
TABLE 134 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 186
TABLE 135 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 186
TABLE 136 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2019–2023 (USD MILLION) 187
TABLE 137 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 187
TABLE 138 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 188
TABLE 139 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 188
TABLE 140 US: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 188
TABLE 141 US: AI MODEL RISK MANAGEMENT MARKET BY OFFERING,
2024–2029 (USD MILLION) 189
TABLE 142 CANADA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 189
TABLE 143 CANADA: AI MODEL RISK MANAGEMENT MARKET BY OFFERING,
2024–2029 (USD MILLION) 189
TABLE 144 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 191
TABLE 145 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 191
TABLE 146 EUROPE: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE,
2019–2023 (USD MILLION) 192
TABLE 147 EUROPE: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE,
2024–2029 (USD MILLION) 192
TABLE 148 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 192
TABLE 149 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 193
TABLE 150 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 193
TABLE 151 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 193
TABLE 152 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2019–2023 (USD MILLION) 193
TABLE 153 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2024–2029 (USD MILLION) 194
TABLE 154 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 194
TABLE 155 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 194
TABLE 156 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2019–2023 (USD MILLION) 194
TABLE 157 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2024–2029 (USD MILLION) 195
TABLE 158 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2019–2023 (USD MILLION) 195
TABLE 159 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 195
TABLE 160 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2019–2023 (USD MILLION) 196
TABLE 161 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 196
TABLE 162 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 197
TABLE 163 EUROPE: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 197
TABLE 164 UK: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 198
TABLE 165 UK: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 198
TABLE 166 GERMANY: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 199
TABLE 167 GERMANY: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 199
TABLE 168 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 204
TABLE 169 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 204
TABLE 170 ASIA PACIFIC: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 204
TABLE 171 ASIA PACIFIC: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 205
TABLE 172 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 205
TABLE 173 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 205
TABLE 174 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 206
TABLE 175 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 206
TABLE 176 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2019–2023 (USD MILLION) 206
TABLE 177 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2024–2029 (USD MILLION) 206
TABLE 178 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 207
TABLE 179 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 207
TABLE 180 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2019–2023 (USD MILLION) 207
TABLE 181 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2024–2029 (USD MILLION) 208
TABLE 182 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2019–2023 (USD MILLION) 208
TABLE 183 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 208
TABLE 184 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2019–2023 (USD MILLION) 209
TABLE 185 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 209
TABLE 186 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 210
TABLE 187 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 210
TABLE 188 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY ASEAN COUNTRY, 2019–2023 (USD MILLION) 214
TABLE 189 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET, BY ASEAN COUNTRY, 2024–2029 (USD MILLION) 214
TABLE 190 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION) 216
TABLE 191 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION) 216
TABLE 192 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET,
BY TYPE, 2019–2023 (USD MILLION) 217
TABLE 193 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET,
BY TYPE, 2024–2029 (USD MILLION) 217
TABLE 194 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 217
TABLE 195 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 218
TABLE 196 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 218
TABLE 197 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 218
TABLE 198 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION) 218
TABLE 199 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION) 219
TABLE 200 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET,
BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 219
TABLE 201 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET,
BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 219
TABLE 202 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE, 2019–2023 (USD MILLION) 219
TABLE 203 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE, 2024–2029 (USD MILLION) 220
TABLE 204 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 220
TABLE 205 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 220
TABLE 206 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 221
TABLE 207 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 221
TABLE 208 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION) 221
TABLE 209 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION) 222
TABLE 210 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY MIDDLE EAST COUNTRY, 2019–2023 (USD MILLION) 222
TABLE 211 MIDDLE EAST & AFRICA: AI MODEL RISK MANAGEMENT MARKET, BY MIDDLE EAST COUNTRY, 2024–2029 (USD MILLION) 222
TABLE 212 SAUDI ARABIA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 223
TABLE 213 SAUDI ARABIA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 224
TABLE 214 UAE: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 224
TABLE 215 UAE: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 225
TABLE 216 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 228
TABLE 217 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 228
TABLE 218 LATIN AMERICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2019–2023 (USD MILLION) 229
TABLE 219 LATIN AMERICA: AI MODEL RISK MANAGEMENT SOFTWARE MARKET, BY TYPE, 2024–2029 (USD MILLION) 229
TABLE 220 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2019–2023 (USD MILLION) 229
TABLE 221 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY MODEL MANAGEMENT SOFTWARE TYPE, 2024–2029 (USD MILLION) 230
TABLE 222 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 230
TABLE 223 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 230
TABLE 224 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2019–2023 (USD MILLION) 230
TABLE 225 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY SERVICE,
2024–2029 (USD MILLION) 231
TABLE 226 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 231
TABLE 227 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 231
TABLE 228 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2019–2023 (USD MILLION) 231
TABLE 229 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY RISK TYPE,
2024–2029 (USD MILLION) 232
TABLE 230 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2019–2023 (USD MILLION) 232
TABLE 231 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 232
TABLE 232 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2019–2023 (USD MILLION) 233
TABLE 233 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 233
TABLE 234 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 234
TABLE 235 LATIN AMERICA: AI MODEL RISK MANAGEMENT MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 234
TABLE 236 BRAZIL: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2019–2023 (USD MILLION) 235
TABLE 237 BRAZIL: AI MODEL RISK MANAGEMENT MARKET, BY OFFERING,
2024–2029 (USD MILLION) 235
TABLE 238 OVERVIEW OF STRATEGIES ADOPTED BY KEY AI MODEL
RISK MANAGEMENT VENDORS 237
TABLE 239 AI MODEL RISK MANAGEMENT MARKET: DEGREE OF COMPETITION 242
TABLE 240 AI MODEL RISK MANAGEMENT MARKET: REGIONAL FOOTPRINT 248
TABLE 241 AI MODEL RISK MANAGEMENT MARKET: APPLICATION FOOTPRINT 249
TABLE 242 AI MODEL RISK MANAGEMENT MARKET: VERTICAL FOOTPRINT 250
TABLE 243 AI MODEL RISK MANAGEMENT MARKET: PRODUCT FOOTPRINT 251
TABLE 244 AI MODEL RISK MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 254
TABLE 245 AI MODEL RISK MANAGEMENT MARKET: COMPETITIVE BENCHMARKING
OF STARTUPS/SMES 255
TABLE 246 AI MODEL RISK MANAGEMENT MARKET: PRODUCT LAUNCHES & ENHANCEMENTS, JANUARY 2021–MAY 2024 256
TABLE 247 AI MODEL RISK MANAGEMENT MARKET: DEALS, JANUARY 2021–MAY 2024 258
TABLE 248 MICROSOFT: COMPANY OVERVIEW 263
TABLE 249 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 264
TABLE 250 MICROSOFT: PRODUCT LAUNCHES & ENHANCEMENTS 264
TABLE 251 MICROSOFT: DEALS 265
TABLE 252 IBM: COMPANY OVERVIEW 267
TABLE 253 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 268
TABLE 254 IBM: PRODUCT LAUNCHES & ENHANCEMENTS 269
TABLE 255 IBM: DEALS 270
TABLE 256 IBM: OTHERS 270
TABLE 257 SAS INSTITUTE: COMPANY OVERVIEW 272
TABLE 258 SAS INSTITUTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 272
TABLE 259 SAS INSTITUTE: DEALS 273
TABLE 260 AWS: COMPANY OVERVIEW 276
TABLE 261 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 277
TABLE 262 AWS: PRODUCT LAUNCHES & ENHANCEMENTS 277
TABLE 263 AWS: DEALS 278
TABLE 264 GOOGLE: COMPANY OVERVIEW 281
TABLE 265 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 282
TABLE 266 GOOGLE: DEALS 283
TABLE 267 H2O.AI: COMPANY OVERVIEW 284
TABLE 268 H2O.AI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 269 H2O.AI: PRODUCT LAUNCHES & ENHANCEMENTS 285
TABLE 270 LOGICGATE: COMPANY OVERVIEW 286
TABLE 271 LOGICGATE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 272 LOGICGATE: DEALS 288
TABLE 273 LOGICMANAGER: COMPANY OVERVIEW 289
TABLE 274 LOGICMANAGER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 289
TABLE 275 C3 AI: COMPANY OVERVIEW 291
TABLE 276 C3 AI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 292
TABLE 277 C3 AI: DEALS 293
TABLE 278 MATHWORKS: COMPANY OVERVIEW 294
TABLE 279 MATHWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 294
TABLE 280 MATHWORKS: DEALS 295
TABLE 281 GENERATIVE AI MARKET, BY OFFERING, 2019–2023 (USD MILLION) 317
TABLE 282 GENERATIVE AI MARKET, BY OFFERING, 2024–2030 (USD MILLION) 317
TABLE 283 GENERATIVE AI MARKET, BY DATA MODALITY, 2019–2023 (USD MILLION) 317
TABLE 284 GENERATIVE AI MARKET, BY DATA MODALITY, 2024–2030 (USD MILLION) 318
TABLE 285 GENERATIVE AI MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 318
TABLE 286 GENERATIVE AI MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 319
TABLE 287 GENERATIVE AI MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 319
TABLE 288 GENERATIVE AI MARKET, BY VERTICAL, 2024–2030 (USD MILLION) 320
TABLE 289 GENERATIVE AI MARKET, BY REGION, 2019–2023 (USD MILLION) 320
TABLE 290 GENERATIVE AI MARKET, BY REGION, 2024–2030 (USD MILLION) 321
TABLE 291 MLOPS MARKET, BY COMPONENT, 2018–2021 (USD MILLION) 322
TABLE 292 MLOPS MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 322
TABLE 293 MLOPS MARKET, BY DEPLOYMENT MODE, 2018–2021 (USD MILLION) 322
TABLE 294 MLOPS MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 322
TABLE 295 MLOPS MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 323
TABLE 296 MLOPS MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 323
TABLE 297 MLOPS MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 324
TABLE 298 MLOPS MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 324
TABLE 299 MLOPS MARKET, BY REGION, 2018–2021 (USD MILLION) 325
TABLE 300 MLOPS MARKET, BY REGION, 2022–2027 (USD MILLION) 325
LIST OF FIGURES
FIGURE 1 AI MODEL RISK MANAGEMENT MARKET: RESEARCH DESIGN 36
FIGURE 2 DATA TRIANGULATION 39
FIGURE 3 AI MODEL RISK MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 40
FIGURE 4 APPROACH 1, BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM SOFTWARE/SERVICES OF AI MODEL RISK MANAGEMENT MARKET 41
FIGURE 5 APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF AI MODEL RISK MANAGEMENT MARKET 42
FIGURE 6 APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF AI MODEL RISK MANAGEMENT MARKET 43
FIGURE 7 APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF AI MODEL RISK MANAGEMENT THROUGH OVERALL DIGITAL SOLUTIONS SPENDING 43
FIGURE 8 SOFTWARE SEGMENT TO DOMINATE MARKET IN 2024 52
FIGURE 9 MODEL MANAGEMENT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 52
FIGURE 10 CLOUD SEGMENT TO DOMINATE MARKET IN 2024 53
FIGURE 11 MONITORING & PERFORMANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 53
FIGURE 12 PROFESSIONAL SERVICES SEGMENT TO LEAD MARKET IN 2024 54
FIGURE 13 INTEGRATION & DEPLOYMENT SEGMENT TO HOLD LARGEST MARKET SHARE
IN 2024 54
FIGURE 14 SECURITY RISK SEGMENT TO LEAD MARKET IN 2024 55
FIGURE 15 FRAUD DETECTION & RISK REDUCTION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 55
FIGURE 16 BFSI SEGMENT TO HOLD LARGEST MARKET SIZE IN 2024 56
FIGURE 17 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 56
FIGURE 18 RISING NEED TO AUTOMATE RISK ASSESSMENT FOR DEGRADED MANUAL ERRORS TO DRIVE MARKET 57
FIGURE 19 SENTIMENT ANALYSIS SEGMENT TO REGISTER HIGHEST CAGR DURING
FORECAST PERIOD 57
FIGURE 20 SOFTWARE AND PROFESSIONAL SERVICES SEGMENTS TO HOLD LARGEST MARKET SHARES IN NORTH AMERICA IN 2024 58
FIGURE 21 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2024 58
FIGURE 22 AI MODEL RISK MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
FIGURE 23 EVOLUTION OF AI MODEL RISK MANAGEMENT MARKET 64
FIGURE 24 AI MODEL RISK MANAGEMENT MARKET: SUPPLY CHAIN ANALYSIS 65
FIGURE 25 AI MODEL RISK MANAGEMENT MARKET ECOSYSTEM: KEY PLAYERS 68
FIGURE 26 AI MODEL RISK MANAGEMENT MARKET: INVESTMENT LANDSCAPE AND FUNDING SCENARIO (USD MILLION AND NUMBER OF FUNDING ROUNDS) 78
FIGURE 27 NUMBER OF PATENTS GRANTED TO VENDORS IN LAST 10 YEARS 86
FIGURE 28 TOP 10 PATENT APPLICANTS IN LAST 10 YEARS 87
FIGURE 29 REGIONAL ANALYSIS OF PATENTS GRANTED, 2013–2023 91
FIGURE 30 AVERAGE SELLING PRICE OF KEY PLAYERS FOR TOP 3 APPLICATIONS 92
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS 95
FIGURE 32 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 97
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 98
FIGURE 34 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 99
FIGURE 35 SERVICES SEGMENT TO REGISTER HIGHER CAGR THAN SOFTWARE SEGMENT DURING FORECAST PERIOD 101
FIGURE 36 EXPLAINABLE AI TOOLS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 102
FIGURE 37 AUTOMATED RETRAINING AND DEPLOYMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 104
FIGURE 38 ON-PREMISES SEGMENT TO REGISTER HIGHER CAGR THAN CLOUD SEGMENT DURING FORECAST PERIOD 116
FIGURE 39 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR THAN PROFESSIONAL SERVICES SEGMENT DURING FORECAST PERIOD 119
FIGURE 40 SUPPORT & MAINTENANCE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 121
FIGURE 41 OPERATIONAL RISK SEGMENT TO REGISTER HIGHEST CAGR DURING
FORECAST PERIOD 129
FIGURE 42 SENTIMENT ANALYSIS SEGMENT TO REGISTER HIGHEST CAGR DURING
FORECAST PERIOD 136
FIGURE 43 HEALTHCARE & LIFE SCIENCES SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 147
FIGURE 44 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 178
FIGURE 45 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 178
FIGURE 46 NORTH AMERICA: AI MODEL RISK MANAGEMENT MARKET SNAPSHOT 181
FIGURE 47 ASIA PACIFIC: AI MODEL RISK MANAGEMENT MARKET SNAPSHOT 203
FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS IN PAST FIVE YEARS 240
FIGURE 49 SHARE OF LEADING COMPANIES IN AI MODEL RISK MANAGEMENT MARKET, 2023 241
FIGURE 50 PRODUCT COMPARATIVE ANALYSIS 243
FIGURE 51 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS 244
FIGURE 52 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF
KEY VENDORS 244
FIGURE 53 AI MODEL RISK MANAGEMENT MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 246
FIGURE 54 AI MODEL RISK MANAGEMENT MARKET: COMPANY FOOTPRINT 247
FIGURE 55 AI MODEL RISK MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 253
FIGURE 56 MICROSOFT: COMPANY SNAPSHOT 263
FIGURE 57 IBM: COMPANY SNAPSHOT 268
FIGURE 58 AWS: COMPANY SNAPSHOT 276
FIGURE 59 GOOGLE: COMPANY SNAPSHOT 282
FIGURE 60 C3 AI: COMPANY SNAPSHOT 292
