AI Model Risk Management Market

The AI model risk management market consists of solutions and practices designed to mitigate risks like inaccuracies, bias, and compliance failures in artificial intelligence systems. The primary customers are organizations in regulated sectors, such as finance and healthcare, that use AI for critical operations. Market growth is driven by the increasing adoption and complexity of AI models, alongside the development of new government regulations requiring AI systems to be transparent, fair, and accountable.

CAGR

12.8%

Compound Annual Growth Rate

Current Value

$7.26B

Estimated 2026

Projected Value

$19.0B

By 2034

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