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Explainable AI Market - Major Technology Giants in Buzz Again | Kyndi, Amelia US, BuildGroup, DataRobot

08-12-2024 02:35 PM CET | IT, New Media & Software

Press release from: Archive Market Research

Explainable AI Market

Explainable AI Market

Archive Market Research Released the latest study on Global Explainable AI Market Growth Outlook 2024-2032 provides an opportunity to better understand details about fundamental restructuring and growth prognosis in Online Apparel Market. This study offers current relevant facts and correlations and elaborates long-term, sustainable strategic and operative suggestions taken up by leading and emerging manufacturers. The sector faces an unprecedented change with regard to the far-reaching effects that it will have on the industry and its users and how it has been factored into the market trajectory and growth cycle of players such as Amelia US LLC, BuildGroup, DataRobot, Inc., Ditto.ai, DarwinAI, Factmata, Google LLC, IBM Corporation, Kyndi, Microsoft Corporation.

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Definition: The Explainable AI Market size was valued at USD 6.59 billion in 2023 and is projected to reach USD 20.99 billion by 2032, exhibiting a CAGR of 18.0 % during the forecasts period. The explainable AI market is concerned with creating AI systems that can include reasons for their actions and decisions in their operations in a way that a human can understand. Applications are in healthcare, diagnosis, credit risk analysis in banking, and self-driving cars in the area of safe driving. It may be used to guarantee fair and non-bias decision-making and follow regulatory rules in operations involving AI, as well as boosting the users' trust and meeting these rules. Trends for the current and next year bring to light the work on new AI algorithm approaches to bring transparency and interpretability to AI systems, regulation governments' consideration of AI explainability as part of the solutions, the work the community is doing on AI x, how to visualize it, and how to communicate it. Further, the demand for ethical AI and the means of practicing responsible AI is defining the market of explainable AI around the world.

Major Players in This Report Include: Amelia US LLC, BuildGroup, DataRobot, Inc., Ditto.ai, DarwinAI, Factmata, Google LLC, IBM Corporation, Kyndi, Microsoft Corporation.

Global Explainable AI the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Explainable AI Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.

The Global Explainable AI Market segments and Market Data Break Down are illuminated below: {Component,"By Deployment","By Application: Fraud & Anomaly Detection","Drug Discovery & Diagnostics","Predictive Maintenance"}

1. Driving Forces: What's Propelling the Explainable AI Market:
Rising concerns about AI bias and discrimination
Increased demand for transparency and accountability
Advancements in machine learning and NLP
Government regulations and initiatives

2. Emerging Trends in Explainable AI Market:
Integration of Explainable AI with edge computing
Development of automated Explainable AI tools
Focus on interpretable machine learning models

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Geographically World Global Explainable AI markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Explainable AI markets will drive growth in the North American market over the next few years.

In the last section of the report, the companies responsible for increasing the sales in the Global Explainable AI Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

Report Highlights:
• Comprehensive overview of parent market & substitute market
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)

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Strategic Points Covered in Table of Content of Global Explainable AI Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Explainable AI market
Chapter 2: Exclusive Summary - the basic information of the Explainable AI Market.
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Explainable AI;
Chapter 4: Presenting the Explainable AI Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2024
Chapter 6: Evaluating the leading manufacturers of the Explainable AI market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
…………….

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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Explainable AI market?
• What are the key concerns of the five forces analysis of the Global Explainable AI market?
• What are different prospects and threats faced by the dealers in the Global Explainable AI market?
• What possible measures players are taking to overcome and stabilize the situation?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.

Contact US:
Craig Francis (PR & Marketing Manager)
Archive Market Research
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 201 565 3262, +44 161 818 8166
sales@archivemarketresearch.com

About Author:
Archive Market Research is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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