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Global Explainable AI Market Report 2024

Explainable AI Global Market Report 2024 – By Software Type (Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization), By Methods ( Model-Agnostic Methods, Model-Specific Methods), By Vertical (Banking, Financial Services, and Insurance, Retail And E-Commerce, Information Technology Or Information Technology Enabled Services, Healthcare And Life Sciences, Government And Public Sector, Media And Entertainment, Manufacturing, Energy And Utilities, Telecommunications, Other Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Explainable AI Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Explainable AI Market Definition

Explainable artificial intelligence (XAI) is an artificial intelligence system designed to provide clear and understandable explanations of its decisions or outputs. It is used to describe an AI model, its expected impact, and potential biases and to help characterize model accuracy, fairness, transparency, and outcomes in AI-powered decision-making.

The main types of software in explainable AI are standalone software, integrated software, automated reporting tools, and interactive model visualization. Standalone software refers to a computer program that can run as a separate process without the need for other software or services. This includes various methods, such as model-agnostic methods and model-specific methods, and end-users are banking financial services and insurance (BFSI), retail and e-commerce, information technology/information technology-enabled services, healthcare and life sciences, government and public sector, media and entertainment, manufacturing, energy and utilities, telecommunications, and other verticals.

Explainable AI Market Segmentation

The explainable ai market covered in this report is segmented –

1) By Software Type: Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization

2) By Methods: Model-Agnostic Methods, Model-Specific Methods

3) By Vertical: Banking, Financial Services, and Insurance, Retail And E-Commerce, Information Technology Or Information Technology Enabled Services, Healthcare And Life Sciences, Government And Public Sector, Media And Entertainment, Manufacturing, Energy And Utilities, Telecommunications, Other Verticals

Global Explainable AI Market Size 2023 to 2028: Graph

Explainable AI Market Size 2024 And Growth Rate

The explainable ai market size has grown exponentially in recent years. It will grow from $6.68 billion in 2023 to $8.1 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to rising adoption of ar and vr, demand for the xr displays, growth for displays, high demand for ar devices, economic growth.

Explainable AI Market Growth Forecast

The explainable ai market size is expected to see exponential growth in the next few years. It will grow to $17.15 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to increasing adoption in educational games, increasing implementation of gesture-based computing, rising usage of smartphones, increased usage of connected devices, growing adoption by healthcare and educational sector. Major trends in the forecast period include technological development in micros displays, adoption of new technology, development of extended reality technologies, develop a new in-vehicle display imaging system, integration of advanced technology in erd.

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Explainable AI Market Driver: Explorable AI Elevates The Growing Internet Of Things Landscape

The growing adoption of the Internet of Things (IoT) is expected to propel the growth of the explainable AI market going forward. The Internet of Things (IoT) refers to a network of interconnected physical devices embedded with sensors, software, and other technologies that collect, exchange data, and communicate with each other over the Internet or other communication networks. Explainable AI (XAI) is used in the Internet of Things (IoT) to enhance end-users trust in machines, make AI models more interpretable and transparent, and ensure transparency, trustworthiness, and effective decision-making in IoT systems. For instance, in August 2022, according to Akamai Technologies Inc., a US-based internet company, IoT connections are expected to increase from 15.1 billion in 2021 to 23.3 billion in 2025. Therefore, the growing adoption of the Internet of Things (IoT) is driving the growth of the explainable AI market.

Global Explainable AI Market Major Players

Major companies operating in the explainable ai market report are Amazon Web Services, Alphabet Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, NVIDIA Corporation, Salesforce Inc., Equifax Inc., SAS Institute Inc., Mphasis Limited, Fair Isaac Corporation, Databricks Inc., Alteryx Inc., Amelia US LLC, Temenos Headquarters SA, BuildGroup LLC, C3.ai Inc., Data Robot Inc., Tredence Analytics Solutions Pvt. Ltd., ArthurAI Inc., DarwinAI Corp., ISSQUARED Inc., H2O.ai Inc., Fiddler Labs Inc., Ditto Labs Inc.

Global Explainable AI Market Trend: Strategic Partnerships Transforming The Explainable AI Landscape

Major companies operating in the explainable AI market are adopting strategic partnership approaches to strengthen their offerings and expand their presence in the market. A strategic partnership is a collaborative arrangement between two or more entities, usually businesses that come together to achieve mutually beneficial and long-term objectives. For instance, in July 2023, Fujitsu Limited, a Japan-based information and communications technology company, partnered with Informa D&B, a Spain-based marketing and information company. The collaboration aims to enhance decision-making by leveraging Fujitsu's explainable AI to process and analyze data transparently. This move addresses the need for evolved AI to tackle risks, especially in areas like financial fraud. XAI provides insights into decision-making, increasing transparency and trust while minimizing biases.

Explainable AI Market Merger And Acquisition: InRule Technology Expands Decision Automation Capabilities with Acquisition of simMachines Inc

In June 2021, InRule Technology, a US-based software company, acquired simMachines Inc. for an undisclosed amount. Through this acquisition, InRule Technology aims to enhance its decision automation capabilities and is expected to help provide a more comprehensive AI solution on the market. simMachines Inc. is a US-based machine learning software company providing explainable AI.

Regional Insights For The Global Explainable AI Market

North America was the largest region in the Explainable AI market in 2023. The regions covered in the explainable ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the explainable AI market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The explainable AI market consists of revenues earned by entities by providing services such as interpretable models, local explanations, feature importance analyses, rule-based explanations, model-agnostic approaches, customization, and configuration. The market value includes the value of related goods sold by the service provider or included within the service offering. The explainable AI market also includes sales of high-speed pick-and-place operational tools, controller systems, vision systems, and conveyor systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The explainable AI market research report is one of a series of new reports from The Business Research Company that provides explainable AI market statistics, including explainable AI industry global market size, regional shares, competitors with an explainable AI market share, detailed explainable AI market segments, market trends and opportunities, and any further data you may need to thrive in the explainable AI industry. This explainable AI market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Explainable AI Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $8.1 billion
Revenue Forecast In 2033 $17.15 billion
Growth Rate CAGR of 20.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Software Type: Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization
2) By Methods: Model-Agnostic Methods, Model-Specific Methods
3) By Vertical: Banking, Financial Services, and Insurance, Retail And E-Commerce, Information Technology Or Information Technology Enabled Services, Healthcare And Life Sciences, Government And Public Sector, Media And Entertainment, Manufacturing, Energy And Utilities, Telecommunications, Other Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Amazon Web Services; Alphabet Inc.; Microsoft Corporation; Intel Corporation; International Business Machines Corporation; NVIDIA Corporation; Salesforce Inc.; Equifax Inc.; SAS Institute Inc.; Mphasis Limited; Fair Isaac Corporation; Databricks Inc.; Alteryx Inc.; Amelia US LLC; Temenos Headquarters SA; BuildGroup LLC; C3.ai Inc.; Data Robot Inc.; Tredence Analytics Solutions Pvt. Ltd.; ArthurAI Inc.; DarwinAI Corp.; ISSQUARED Inc.; H2O.ai Inc.; Fiddler Labs Inc.; Ditto Labs Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Explainable AI Market Characteristics

    3. Explainable AI Market Trends And Strategies

    4. Explainable AI Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Explainable AI Market Size and Growth

    5.1. Global Explainable AI Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Explainable AI Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Explainable AI Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Explainable AI Market Segmentation

    6.1. Global Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Standalone Software

    Integrated Software

    Automated Reporting Tools

    Interactive Model Visualization

    6.2. Global Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Model-Agnostic Methods

    Model-Specific Methods

    6.3. Global Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banking Financial Services And Insurance (BFSI)

    Retail And E-Commerce

    Information Technology/ Information Technology Enabled Services

    Healthcare And Life Sciences

    Government And Public Sector

    Media And Entertainment

    Manufacturing

    Energy And Utilities

    Telecommunications

    Other Verticals

    7. Explainable AI Market Regional And Country Analysis

    7.1. Global Explainable AI Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Explainable AI Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Explainable AI Market

    8.1. Asia-Pacific Explainable AI Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Explainable AI Market

    9.1. China Explainable AI Market Overview

    9.2. China Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Explainable AI Market

    10.1. India Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Explainable AI Market

    11.1. Japan Explainable AI Market Overview

    11.2. Japan Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Explainable AI Market

    12.1. Australia Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Explainable AI Market

    13.1. Indonesia Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Explainable AI Market

    14.1. South Korea Explainable AI Market Overview

    14.2. South Korea Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Explainable AI Market

    15.1. Western Europe Explainable AI Market Overview

    15.2. Western Europe Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Explainable AI Market

    16.1. UK Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Explainable AI Market

    17.1. Germany Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Explainable AI Market

    18.1. France Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Explainable AI Market

    19.1. Italy Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Explainable AI Market

    20.1. Spain Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Explainable AI Market

    21.1. Eastern Europe Explainable AI Market Overview

    21.2. Eastern Europe Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Explainable AI Market

    22.1. Russia Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Explainable AI Market

    23.1. North America Explainable AI Market Overview

    23.2. North America Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Explainable AI Market

    24.1. USA Explainable AI Market Overview

    24.2. USA Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Explainable AI Market

    25.1. Canada Explainable AI Market Overview

    25.2. Canada Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Explainable AI Market

    26.1. South America Explainable AI Market Overview

    26.2. South America Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Explainable AI Market

    27.1. Brazil Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Explainable AI Market

    28.1. Middle East Explainable AI Market Overview

    28.2. Middle East Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Explainable AI Market

    29.1. Africa Explainable AI Market Overview

    29.2. Africa Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Explainable AI Market Competitive Landscape And Company Profiles

    30.1. Explainable AI Market Competitive Landscape

    30.2. Explainable AI Market Company Profiles

    30.2.1. Amazon Web Services

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Alphabet Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Microsoft Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Intel Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. International Business Machines Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Explainable AI Market Other Major And Innovative Companies

    31.1. NVIDIA Corporation

    31.2. Salesforce Inc.

    31.3. Equifax Inc.

    31.4. SAS Institute Inc.

    31.5. Mphasis Limited

    31.6. Fair Isaac Corporation

    31.7. Databricks Inc.

    31.8. Alteryx Inc.

    31.9. Amelia US LLC

    31.10. Temenos Headquarters SA

    31.11. BuildGroup LLC

    31.12. C3.ai Inc.

    31.13. Data Robot Inc.

    31.14. Tredence Analytics Solutions Pvt. Ltd.

    31.15. ArthurAI Inc.

    32. Global Explainable AI Market Competitive Benchmarking

    33. Global Explainable AI Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Explainable AI Market

    35. Explainable AI Market Future Outlook and Potential Analysis

    35.1 Explainable AI Market In 2028 - Countries Offering Most New Opportunities

    35.2 Explainable AI Market In 2028 - Segments Offering Most New Opportunities

    35.3 Explainable AI Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Explainable AI Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Explainable AI Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Amazon Web Services Financial Performance
  • Table 75: Alphabet Inc. Financial Performance
  • Table 76: Microsoft Corporation Financial Performance
  • Table 77: Intel Corporation Financial Performance
  • Table 78: International Business Machines Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Explainable AI Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Explainable AI Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Explainable AI Market, Segmentation By Software Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Explainable AI Market, Segmentation By Methods, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Explainable AI Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Amazon Web Services Financial Performance
  • Figure 75: Alphabet Inc. Financial Performance
  • Figure 76: Microsoft Corporation Financial Performance
  • Figure 77: Intel Corporation Financial Performance
  • Figure 78: International Business Machines Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the explainable AI market?

Explainable artificial intelligence (XAI) is an artificial intelligence system designed to provide clear and understandable explanations of its decisions or outputs. It is used to describe an AI model, its expected impact, and potential biases and to help characterize model accuracy, fairness, transparency, and outcomes in AI-powered decision-making. For further insights on the explainable AI market, request a sample here

How will the explainable AI market drivers and restraints affect the explainable AI market dynamics? What forces will shape the explainable AI industry going forward?

The explainable AI market major growth driver - explorable ai elevates the growing internet of things landscape. For further insights on the explainable AI market, request a sample here

What is the forecast market size or the forecast market value of the explainable AI market ?

The explainable AI market size has grown exponentially in recent years. It will grow from $6.68 billion in 2023 to $8.1 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to rising adoption of ar and vr, demand for the xr displays, growth for displays, high demand for ar devices, economic growth. The explainable AI market size is expected to see exponential growth in the next few years. It will grow to $17.15 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to increasing adoption in educational games, increasing implementation of gesture-based computing, rising usage of smartphones, increased usage of connected devices, growing adoption by healthcare and educational sector. Major trends in the forecast period include technological development in micros displays, adoption of new technology, development of extended reality technologies, develop a new in-vehicle display imaging system, integration of advanced technology in erd. For further insights on the explainable AI market, request a sample here

How is the explainable AI market segmented?

The explainable AI market is segmented
1) By Software Type: Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization
2) By Methods: Model-Agnostic Methods, Model-Specific Methods
3) By Vertical: Banking, Financial Services, and Insurance, Retail And E-Commerce, Information Technology Or Information Technology Enabled Services, Healthcare And Life Sciences, Government And Public Sector, Media And Entertainment, Manufacturing, Energy And Utilities, Telecommunications, Other VerticalsFor further insights on the explainable AI market, request a sample here

Which region has the largest share of the explainable AI market? What are the other regions covered in the report?

North America was the largest region in the Explainable AI market in 2023. The regions covered in the explainable AI market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the explainable AI market, request a sample here.

Who are the major players in the explainable AI market?

Major companies operating in the explainable AI market report are Amazon Web Services, Alphabet Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation, NVIDIA Corporation, Salesforce Inc., Equifax Inc., SAS Institute Inc., Mphasis Limited, Fair Isaac Corporation, Databricks Inc., Alteryx Inc., Amelia US LLC, Temenos Headquarters SA, BuildGroup LLC, C3.ai Inc., Data Robot Inc., Tredence Analytics Solutions Pvt. Ltd., ArthurAI Inc., DarwinAI Corp., ISSQUARED Inc., H2O.ai Inc., Fiddler Labs Inc., Ditto Labs Inc. For further insights on the explainable AI market, request a sample here.

What are the key trends in the explainable AI market?

Major trend in the explainable AI market - strategic partnerships transforming the explainable AI landscape. For further insights on the explainable AI market, request a sample here.

What are the major opportunities in the explainable AI market? What are the strategies for the explainable AI market?

For detailed insights on the major opportunities and strategies in the explainable AI market, request a sample here.

How does the explainable AI market relate to the overall economy and other similar markets?

For detailed insights on explainable AI market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the explainable AI industry?

For detailed insights on the mergers and acquisitions in the explainable AI industry, request a sample here.

What are the key dynamics influencing the explainable AI market growth? SWOT analysis of the explainable AI market.

For detailed insights on the key dynamics influencing the explainable AI market growth and SWOT analysis of the explainable AI industry, request a sample here.