Latest News- Human-Centered AI Market: Machine learning is expected to lead the Type segment during 2025-2029

The Human-Centered AI Market is being driven by Increasing ethical AI mandates

The Human-Centered AI Market is expected to grow at a CAGR of 44.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 56586.9 million. The human-centered AI market is experiencing significant growth due to the increasing adoption of AI copilots in enterprise and consumer software applications. This trend signifies a transformative shift from a command-based human-computer interaction to a collaborative partnership. AI copilots, distinct from autonomous AI systems, are designed to augment human intelligence and creativity. They operate as advanced assistants, seamlessly integrated into users' workflows, comprehending context, anticipating requirements, and executing intricate tasks through intuitive natural language prompts. This human-centric approach empowers individuals by amplifying their abilities, alleviating mental burden from mundane tasks, and enabling them to focus on strategic, innovative, and critical thinking. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Machine learning
  • Natural language processing
  • Image processing
• Application
  • Assistance and support
  • Decision-making and support
  • Safety and security
• End-user
  • Healthcare
  • Retail and e-commerce
  • Automobile
  • Education
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing ethical AI mandates
• Enterprise imperative for trust, risk management, and sustainable adoption
• Maturation of enabling technologies and urgent need for generative AI governance

However, the market also witnesses some limitations, which are as follows:

• Inherent technical complexity and performance trade-offs
• Lack of standardized metrics and fragmented regulatory landscape
• Scarcity of interdisciplinary talent and need for organizational change

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Market Scope in Human-Centered AI Market Research Report

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Research Analysis Overview

The Human-Centered AI Market encompasses various aspects of ensuring AI systems are user-friendly, ethical, and accessible. This includes AI usability testing and user acceptance testing, system evaluation through human factors engineering and design thinking approach, cognitive ergonomics, and qualitative and quantitative data analysis. User interface and interaction design principles, user research methods, and AI system deployment and application development are also crucial. Ethics guidelines address bias detection, user privacy protection, and security measures. System monitoring, feedback analysis, and performance and satisfaction metrics ensure reliability, resilience, maintainability, scalability, and user experience optimization. Human-computer interaction design, accessibility standards, and inclusive AI development further enhance the market.

Market Research Overview

The Human-Centered AI market is a segment of the global application software industry, focusing on the development of software that prioritizes human experience and interaction. This includes companies specializing in Affective Computing, User Experience Modeling, Human-Computer Interaction, and Natural Language Processing. Technavio's market analysis encompasses businesses providing these advanced IT solutions, contributing to the overall application software market size. These companies offer enterprise, technical, and cloud-based software, excluding those producing interactive home entertainment software or database management software classified under systems software.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/