Press release
Global Machine Learning Market Size, Share & Forecast 2023-2029
The global Machine Learning market was valued at US$ 21040 million in 2022 and is anticipated to reach US$ 140610 million by 2029, witnessing a CAGR of 37.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.Machine learning (ML) is the study of algorithms and mathematical models that computer systems use to progressively improve their performance on a specific task.Machine learning (ML) is a discipline of artificial intelligence (AI) that provides machines with the ability to automatically learn from data and past experiences while identifying patterns to make predictions with minimal human intervention.Machine learning (ML) methods enable computers to operate autonomously without explicit programming. ML applications are fed with new data, and they can independently learn, grow, develop, and adapt.
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Global top five manufacturers of Machine Learning occupied for a share over 30 percent, key players are IBM, Dell, HPE, Oracle and Google, etc. North America is the largest market of Machine Learning, has a share nearly 40%, followed by Europe.
Key Segmentations
By Company
• Amazon Web Services
• Baidu
• BigML
• Databricks
• Dataiku
• Dell
• Fair Isaac Corporation (FICO)
• H2O.ai
• HPE
• IBM
• Intel
• Microsoft
• Oracle
• SAP
• SAS Institute
• Veritone
• Yottamine Analytics
Segment by Type
• Reinforcement Learning
• Semi-supervised Learning
• Supervised Learning
• Unsupervised Learning
Segment by Application
• Augmented and Virtual Reality
• Computer Vision
• Fraud Detection and Risk Management
• Marketing and Advertising
• Others
• Predictive Analytics
• Security and Surveillance
BY REGION
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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SIMILAR REPORTS
Computer Vision Market
https://reports.valuates.com/market-reports/QYRE-Auto-18I1781/global-computer-vision
Hadoop Market
https://reports.valuates.com/reports/ALLI-Manu-1T66/hadoop
Machine Translation Market
https://reports.valuates.com/market-reports/QYRE-Auto-19M6150/global-machine-translation
Language Translation Software Services Market
https://reports.valuates.com/market-reports/QYRE-Auto-18O2321/global-language-translation-software-services
Machine Translation Software Market
https://reports.valuates.com/market-reports/QYRE-Auto-11L2948/global-machine-translation-software
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