The increasing demand for AI-driven decision-making transparency across industries is fueling the Explainable AI market growth. Businesses are actively integrating AI models with enhanced interpretability to comply with regulations and improve stakeholder trust. The SNS Insider report indicates that the Explainable AI Market size was valued at USD 6.82 billion in 2023 and is estimated to reach USD 33.20 billion by 2032, growing at a CAGR of 19.29% during the forecast period of 2024-2032.