PUBLISHER: The Business Research Company | PRODUCT CODE: 1751096
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751096
Responsible AI governance consulting provides advisory services to help organizations develop, implement, and maintain ethical and regulatory-compliant AI systems. This involves assessing AI-related risks, ensuring transparency, fairness, and accountability, and aligning AI activities with legal and industry standards. These services support organizations in addressing AI governance challenges, building trust, and mitigating potential biases or security risks.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main services offered in responsible AI governance consulting include risk management consulting, regulatory compliance consulting, AI ethics framework development, AI strategy and governance, training and awareness programs, and others. Risk management consulting focuses on managing the risks associated with AI systems. These services cater to enterprises of various sizes, including large enterprises, small and medium-sized enterprises (SMEs), and span across industries such as banking, financial services and insurance, government and defense, healthcare and life sciences, media and entertainment, retail, information technology and telecommunications, automotive, and others.
The responsible AI governance consulting market research report is one of a series of new reports from The Business Research Company that provides responsible AI governance consulting market statistics, including responsible AI governance consulting industry global market size, regional shares, competitors with a responsible AI governance consulting market share, detailed responsible AI governance consulting market segments, market trends and opportunities, and any further data you may need to thrive in the responsible AI governance consulting industry. This responsible AI governance consulting 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.
The responsible AI governance consulting market size has grown exponentially in recent years. It will grow from$0.29 billion in 2024 to $0.44 billion in 2025 at a compound annual growth rate (CAGR) of 49.5%. The growth during the historic period can be attributed to the rising adoption of AI, increasing concerns over data privacy, growing regulatory compliance requirements, heightened ethical concerns in AI, and the rising impact of high-profile AI failures.
The responsible AI governance consulting market size is expected to see exponential growth in the next few years. It will grow to$2.16 billion in 2029 at a compound annual growth rate (CAGR) of 49.1%. The growth during the forecast period can be attributed to the increasing implementation of global AI regulations, growing scrutiny from stakeholders, rising demand for ethical AI frameworks, a heightened focus on AI-driven risk management, and ongoing corporate governance reforms. Key trends in the forecast period include advancements in AI governance tools, innovations in explainable AI, developments in AI ethics frameworks, research in bias mitigation, and innovations in AI regulatory technology.
The growing use of generative AI tools by organizations is expected to fuel the expansion of the responsible AI governance consulting market in the coming years. Generative AI tools are applications powered by artificial intelligence models that generate new content, such as text, images, audio, video, or code, through learning processes. The increased adoption of these tools is primarily due to the demand for quicker and more efficient content creation, as they help significantly reduce the time and resources needed to produce high-quality, tailored outputs across various business functions. Responsible AI governance consulting plays a key role in deploying AI audit tools that ensure transparency, mitigate bias, and ensure compliance with evolving regulatory frameworks for ethical AI deployment. For example, a survey conducted by the U.S. Chamber of Commerce in February 2025 revealed that 40% of small businesses in the U.S. were using generative AI, nearly doubling from 23% in 2023. This growing deployment of generative AI tools by organizations is propelling the responsible AI governance consulting market's growth.
Leading companies in the responsible AI governance consulting market are focusing on developing innovative solutions, such as AI audit frameworks, to safeguard against biases, ethical risks, and regulatory non-compliance in AI-driven systems. AI audit frameworks automate the evaluation of AI decision-making processes, ensuring transparency and detecting potential risks in model behavior. For instance, in January 2025, International Business Machines Corporation (IBM), a U.S.-based technology company, launched an innovative end-to-end AI governance platform. This platform is designed to enhance AI governance by offering organizations tools for risk assessment, compliance monitoring, and ethical AI deployment. It integrates advanced AI audit frameworks, automated policy enforcement, and real-time monitoring to ensure transparency, accountability, and regulatory compliance in AI systems.
In August 2024, Credo AI, a U.S.-based AI governance software company, partnered with Slalom to accelerate the adoption of enterprise AI governance. Through this collaboration, Credo AI aims to assist businesses in implementing responsible AI frameworks, compliance monitoring, and risk assessment tools to ensure ethical practices while integrating with Slalom's AI strategy. This partnership will help enterprises navigate evolving AI regulations and build trustworthy AI systems. Slalom Consulting LLC, a U.S.-based management consulting firm, provides services such as strategy development, digital product building, and responsible AI governance consulting.
Major players in the responsible ai governance consulting market are Google LLC, Microsoft Corporation, Siemens AG, Accenture plc, IBM Corporation, SAP SE, Tata Consultancy Services Ltd, Salesforce Inc., NTT Data Corporation, Infosys Ltd., DXC Technology Company, Boston Consulting Group (BCG), Booz Allen Hamilton Inc., RSM US LLP, Informatica LLC, Fair Isaac Corporation (FICO), OneTrust LLC, Dataiku Inc., H2O.ai Inc., BABL AI, Holistic AI, Credo AI, PricewaterhouseCoopers (PwC) Global
North America was the largest region in the responsible AI governance consulting market in 2024. The regions covered in responsible AI governance consulting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the responsible AI governance consulting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The responsible AI governance consulting market consists of revenues earned by entities providing consulting services such as AI governance, risk management, and ethical AI implementation. The market value includes the value of related goods sold by the service provider or included within the service offering. The responsible AI governance consulting market also includes sales of regulatory compliance solutions, and risk evaluation tools. 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.
Responsible AI Governance Consulting Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on responsible ai governance consulting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for responsible ai governance consulting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The responsible ai governance consulting market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.