The AI Model Risk Management Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the AI Model Risk Management Market?
The market size of AI model risk management has significantly increased in the past years. The market, which was valued at $6.17 billion in 2024, is expected to rise to $7.17 billion in 2025. The compound annual growth rate (CAGR) during this period is projected to be 16.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the AI Model Risk Management Industry?
The AI Model Risk Management Global Market is projected to grow to $12.96 billion in 2029, with a compound annual growth rate (CAGR) of 16.0%.
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What are the Key Growth Drivers Fueling the AI Model Risk Management Market?
The key drivers in the ai model risk management market are:
• Increasing regulatory scrutiny and requirements for managing AI models
• Rising board and executive oversight of AI model risk management practices
• Heightened awareness of ethical implications of AI
• Risks associated with cybersecurity threats targeting AI models
Global Market Segmentation: Identifying Major AI Model Risk Management Industry Segments
The AI model risk managementmarket covered in this report is segmented –
1) By Component: Solution, Service
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Organization Size: Large Enterprises, Small And Medium-sized Enterprises (SMEs)
4) By Application: Model Documentation, Model Governance, Model Monitoring, Model Validation
5) By Industry Vertical: Financial Services, Healthcare, Insurance, Telecommunications
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What are the emerging Trends Shaping the Future of the AI Model Risk Management Market?
The key trends in the ai model risk management market are:
• Rapid advancements in AI technologies are emerging trends shaping the future of the AI Model Risk Management market.
• The integration of AI model risk management with broader enterprise risk management frameworks is a significant upcoming trend.
• The development of methodologies to quantify and assess risks associated with AI models is a growing trend.
• The continuous improvement and adaptation of AI model risk management strategies are key trends shaping the future of the market.
Who Are the Top Competitors & Leading Players in the AI Model Risk Management Market?
Major companies in the ai model risk management market are:
• Amazon.com Inc.
• Google LLC
• Microsoft Corporation
• Accenture plc
• International Business Machines Corporation
• Deloitte Touche Tohmatsu Limited
• PricewaterhouseCoopers International Limited
• Ernst & Young
• Oracle Corporation
• KPMG International Limited
• SAP SE
• Moody's Analytics
• Sas Institute Inc
• DataBricks Inc
• Teradata Corporation
• Palantir Technologies Inc.
• Fair Isaac Corporation
• The MathWorks Inc
• DataRobot Inc
• H2O.ai
• LogicGate
• LogicManager
Regional Dominance: Which Area Leads the Global AI Model Risk Management Market?
North America was the largest region in the AI model risk management market in 2024
