The global market for Explainable AI was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

Explainable AI refers to the design of AI systems that are transparent and understandable, allowing users to gain insight into the inner workings of the model and understand the basis for decision-making, thereby increasing trust and facilitating review and debugging.

North American market for Explainable AI is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Explainable AI is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global market for Explainable AI in Retail & Marketing is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Explainable AI include OpenAI, Amelia US LLC, DataRobot, Inc., DarwinAI, Google LLC, IBM Corporation, Microsoft Corporation, Qlik, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Explainable AI, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Explainable AI.

The Explainable AI market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Explainable AI market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Explainable AI companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Explainable AI Market Report

Report Metric	Details
Report Name	Explainable AI Market
Segment by Type	Intrinsic Explainability Post - Hoc Explainability Others
Segment by Application	Retail & Marketing Healthcare Financial Services Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	OpenAI, Amelia US LLC, DataRobot, Inc., DarwinAI, Google LLC, IBM Corporation, Microsoft Corporation, Qlik
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Explainable AI company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the Explainable AI Market report?

Ans: The main players in the Explainable AI Market are OpenAI, Amelia US LLC, DataRobot, Inc., DarwinAI, Google LLC, IBM Corporation, Microsoft Corporation, Qlik

What are the Application segmentation covered in the Explainable AI Market report?

Ans: The Applications covered in the Explainable AI Market report are Retail & Marketing, Healthcare, Financial Services, Others

What are the Type segmentation covered in the Explainable AI Market report?

Ans: The Types covered in the Explainable AI Market report are Intrinsic Explainability, Post - Hoc Explainability, Others

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Explainable AI Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Intrinsic Explainability

1.2.3 Post - Hoc Explainability

1.2.4 Others

1.3 Market by Application

1.3.1 Global Explainable AI Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Retail & Marketing

1.3.3 Healthcare

1.3.4 Financial Services

1.3.5 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Explainable AI Market Perspective (2020-2031)

2.2 Global Explainable AI Growth Trends by Region

2.2.1 Global Explainable AI Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Explainable AI Historic Market Size by Region (2020-2025)

2.2.3 Explainable AI Forecasted Market Size by Region (2026-2031)

2.3 Explainable AI Market Dynamics

2.3.1 Explainable AI Industry Trends

2.3.2 Explainable AI Market Drivers

2.3.3 Explainable AI Market Challenges

2.3.4 Explainable AI Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Explainable AI Players by Revenue

3.1.1 Global Top Explainable AI Players by Revenue (2020-2025)

3.1.2 Global Explainable AI Revenue Market Share by Players (2020-2025)

3.2 Global Explainable AI Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Explainable AI Revenue

3.4 Global Explainable AI Market Concentration Ratio

3.4.1 Global Explainable AI Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Explainable AI Revenue in 2024

3.5 Global Key Players of Explainable AI Head office and Area Served

3.6 Global Key Players of Explainable AI, Product and Application

3.7 Global Key Players of Explainable AI, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Explainable AI Breakdown Data by Type

4.1 Global Explainable AI Historic Market Size by Type (2020-2025)

4.2 Global Explainable AI Forecasted Market Size by Type (2026-2031)

5 Explainable AI Breakdown Data by Application

5.1 Global Explainable AI Historic Market Size by Application (2020-2025)

5.2 Global Explainable AI Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Explainable AI Market Size (2020-2031)

6.2 North America Explainable AI Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Explainable AI Market Size by Country (2020-2025)

6.4 North America Explainable AI Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Explainable AI Market Size (2020-2031)

7.2 Europe Explainable AI Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Explainable AI Market Size by Country (2020-2025)

7.4 Europe Explainable AI Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Explainable AI Market Size (2020-2031)

8.2 Asia-Pacific Explainable AI Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Explainable AI Market Size by Region (2020-2025)

8.4 Asia-Pacific Explainable AI Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Explainable AI Market Size (2020-2031)

9.2 Latin America Explainable AI Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Explainable AI Market Size by Country (2020-2025)

9.4 Latin America Explainable AI Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Explainable AI Market Size (2020-2031)

10.2 Middle East & Africa Explainable AI Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Explainable AI Market Size by Country (2020-2025)

10.4 Middle East & Africa Explainable AI Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 OpenAI

11.1.1 OpenAI Company Details

11.1.2 OpenAI Business Overview

11.1.3 OpenAI Explainable AI Introduction

11.1.4 OpenAI Revenue in Explainable AI Business (2020-2025)

11.1.5 OpenAI Recent Development

11.2 Amelia US LLC

11.2.1 Amelia US LLC Company Details

11.2.2 Amelia US LLC Business Overview

11.2.3 Amelia US LLC Explainable AI Introduction

11.2.4 Amelia US LLC Revenue in Explainable AI Business (2020-2025)

11.2.5 Amelia US LLC Recent Development

11.3 DataRobot, Inc.

11.3.1 DataRobot, Inc. Company Details

11.3.2 DataRobot, Inc. Business Overview

11.3.3 DataRobot, Inc. Explainable AI Introduction

11.3.4 DataRobot, Inc. Revenue in Explainable AI Business (2020-2025)

11.3.5 DataRobot, Inc. Recent Development

11.4 DarwinAI

11.4.1 DarwinAI Company Details

11.4.2 DarwinAI Business Overview

11.4.3 DarwinAI Explainable AI Introduction

11.4.4 DarwinAI Revenue in Explainable AI Business (2020-2025)

11.4.5 DarwinAI Recent Development

11.5 Google LLC

11.5.1 Google LLC Company Details

11.5.2 Google LLC Business Overview

11.5.3 Google LLC Explainable AI Introduction

11.5.4 Google LLC Revenue in Explainable AI Business (2020-2025)

11.5.5 Google LLC Recent Development

11.6 IBM Corporation

11.6.1 IBM Corporation Company Details

11.6.2 IBM Corporation Business Overview

11.6.3 IBM Corporation Explainable AI Introduction

11.6.4 IBM Corporation Revenue in Explainable AI Business (2020-2025)

11.6.5 IBM Corporation Recent Development

11.7 Microsoft Corporation

11.7.1 Microsoft Corporation Company Details

11.7.2 Microsoft Corporation Business Overview

11.7.3 Microsoft Corporation Explainable AI Introduction

11.7.4 Microsoft Corporation Revenue in Explainable AI Business (2020-2025)

11.7.5 Microsoft Corporation Recent Development

11.8 Qlik

11.8.1 Qlik Company Details

11.8.2 Qlik Business Overview

11.8.3 Qlik Explainable AI Introduction

11.8.4 Qlik Revenue in Explainable AI Business (2020-2025)

11.8.5 Qlik Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Microsoft Corporation

Qlik

Amelia US LLC

List of Tables

Table 1. Global Explainable AI Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Intrinsic Explainability

Table 3. Key Players of Post - Hoc Explainability

Table 4. Key Players of Others

Table 5. Global Explainable AI Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 6. Global Explainable AI Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Explainable AI Market Size by Region (2020-2025) & (US$ Million)

Table 8. Global Explainable AI Market Share by Region (2020-2025)

Table 9. Global Explainable AI Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 10. Global Explainable AI Market Share by Region (2026-2031)

Table 11. Explainable AI Market Trends

Table 12. Explainable AI Market Drivers

Table 13. Explainable AI Market Challenges

Table 14. Explainable AI Market Restraints

Table 15. Global Explainable AI Revenue by Players (2020-2025) & (US$ Million)

Table 16. Global Explainable AI Market Share by Players (2020-2025)

Table 17. Global Top Explainable AI Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Explainable AI as of 2024)

Table 18. Ranking of Global Top Explainable AI Companies by Revenue (US$ Million) in 2024

Table 19. Global 5 Largest Players Market Share by Explainable AI Revenue (CR5 and HHI) & (2020-2025)

Table 20. Global Key Players of Explainable AI, Headquarters and Area Served

Table 21. Global Key Players of Explainable AI, Product and Application

Table 22. Global Key Players of Explainable AI, Date of Enter into This Industry

Table 23. Mergers & Acquisitions, Expansion Plans

Table 24. Global Explainable AI Market Size by Type (2020-2025) & (US$ Million)

Table 25. Global Explainable AI Revenue Market Share by Type (2020-2025)

Table 26. Global Explainable AI Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 27. Global Explainable AI Revenue Market Share by Type (2026-2031)

Table 28. Global Explainable AI Market Size by Application (2020-2025) & (US$ Million)

Table 29. Global Explainable AI Revenue Market Share by Application (2020-2025)

Table 30. Global Explainable AI Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 31. Global Explainable AI Revenue Market Share by Application (2026-2031)

Table 32. North America Explainable AI Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 33. North America Explainable AI Market Size by Country (2020-2025) & (US$ Million)

Table 34. North America Explainable AI Market Size by Country (2026-2031) & (US$ Million)

Table 35. Europe Explainable AI Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. Europe Explainable AI Market Size by Country (2020-2025) & (US$ Million)

Table 37. Europe Explainable AI Market Size by Country (2026-2031) & (US$ Million)

Table 38. Asia-Pacific Explainable AI Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 39. Asia-Pacific Explainable AI Market Size by Region (2020-2025) & (US$ Million)

Table 40. Asia-Pacific Explainable AI Market Size by Region (2026-2031) & (US$ Million)

Table 41. Latin America Explainable AI Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 42. Latin America Explainable AI Market Size by Country (2020-2025) & (US$ Million)

Table 43. Latin America Explainable AI Market Size by Country (2026-2031) & (US$ Million)

Table 44. Middle East & Africa Explainable AI Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Middle East & Africa Explainable AI Market Size by Country (2020-2025) & (US$ Million)

Table 46. Middle East & Africa Explainable AI Market Size by Country (2026-2031) & (US$ Million)

Table 47. OpenAI Company Details

Table 48. OpenAI Business Overview

Table 49. OpenAI Explainable AI Product

Table 50. OpenAI Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 51. OpenAI Recent Development

Table 52. Amelia US LLC Company Details

Table 53. Amelia US LLC Business Overview

Table 54. Amelia US LLC Explainable AI Product

Table 55. Amelia US LLC Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 56. Amelia US LLC Recent Development

Table 57. DataRobot, Inc. Company Details

Table 58. DataRobot, Inc. Business Overview

Table 59. DataRobot, Inc. Explainable AI Product

Table 60. DataRobot, Inc. Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 61. DataRobot, Inc. Recent Development

Table 62. DarwinAI Company Details

Table 63. DarwinAI Business Overview

Table 64. DarwinAI Explainable AI Product

Table 65. DarwinAI Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 66. DarwinAI Recent Development

Table 67. Google LLC Company Details

Table 68. Google LLC Business Overview

Table 69. Google LLC Explainable AI Product

Table 70. Google LLC Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 71. Google LLC Recent Development

Table 72. IBM Corporation Company Details

Table 73. IBM Corporation Business Overview

Table 74. IBM Corporation Explainable AI Product

Table 75. IBM Corporation Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 76. IBM Corporation Recent Development

Table 77. Microsoft Corporation Company Details

Table 78. Microsoft Corporation Business Overview

Table 79. Microsoft Corporation Explainable AI Product

Table 80. Microsoft Corporation Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 81. Microsoft Corporation Recent Development

Table 82. Qlik Company Details

Table 83. Qlik Business Overview

Table 84. Qlik Explainable AI Product

Table 85. Qlik Revenue in Explainable AI Business (2020-2025) & (US$ Million)

Table 86. Qlik Recent Development

Table 87. Research Programs/Design for This Report

Table 88. Key Data Information from Secondary Sources

Table 89. Key Data Information from Primary Sources

Table 90. Authors List of This Report

List of Figures

Figure 1. Explainable AI Picture

Figure 2. Global Explainable AI Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Explainable AI Market Share by Type: 2024 VS 2031

Figure 4. Intrinsic Explainability Features

Figure 5. Post - Hoc Explainability Features

Figure 6. Others Features

Figure 7. Global Explainable AI Market Size by Application (2020-2031) & (US$ Million)

Figure 8. Global Explainable AI Market Share by Application: 2024 VS 2031

Figure 9. Retail & Marketing Case Studies

Figure 10. Healthcare Case Studies

Figure 11. Financial Services Case Studies

Figure 12. Others Case Studies

Figure 13. Explainable AI Report Years Considered

Figure 14. Global Explainable AI Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 15. Global Explainable AI Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 16. Global Explainable AI Market Share by Region: 2024 VS 2031

Figure 17. Global Explainable AI Market Share by Players in 2024

Figure 18. Global Top Explainable AI Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Explainable AI as of 2024)

Figure 19. The Top 10 and 5 Players Market Share by Explainable AI Revenue in 2024

Figure 20. North America Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 21. North America Explainable AI Market Share by Country (2020-2031)

Figure 22. United States Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. Canada Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Europe Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. Europe Explainable AI Market Share by Country (2020-2031)

Figure 26. Germany Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. France Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. U.K. Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Italy Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Russia Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Nordic Countries Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Asia-Pacific Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Asia-Pacific Explainable AI Market Share by Region (2020-2031)

Figure 34. China Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Japan Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. South Korea Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. Southeast Asia Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. India Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Australia Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Latin America Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Latin America Explainable AI Market Share by Country (2020-2031)

Figure 42. Mexico Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Brazil Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Middle East & Africa Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Middle East & Africa Explainable AI Market Share by Country (2020-2031)

Figure 46. Turkey Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Saudi Arabia Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. UAE Explainable AI Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 49. OpenAI Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 50. Amelia US LLC Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 51. DataRobot, Inc. Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 52. DarwinAI Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 53. Google LLC Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 54. IBM Corporation Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 55. Microsoft Corporation Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 56. Qlik Revenue Growth Rate in Explainable AI Business (2020-2025)

Figure 57. Bottom-up and Top-down Approaches for This Report

Figure 58. Data Triangulation

Figure 59. Key Executives Interviewed

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