Press release
Machine Learning Market Key Players | IBM Corporation , Wipro Limited , Cisco Systems Inc
As per the study initiated by Evolve Business Intelligence, the global Machine Learning Market size accounted for USD 3.7 Billion in 2022, growing at a CAGR of 32.8% from 2023 to 2033. Machine Learning Market refers to the economic ecosystem and industry surrounding the development, deployment, and utilization of machine learning (ML) technologies and solutions. Machine learning is a subset of artificial intelligence (AI) that focuses on the development of algorithms and models that enable computers and systems to learn from data and improve their performance over time without being explicitly programmed.The Machine Learning Market has witnessed significant growth as businesses across various sectors recognize the potential of machine learning to drive innovation, improve decision-making, and enhance efficiency. The market is dynamic and continues to evolve with advancements in technology, the availability of larger datasets, and the increasing demand for intelligent automation in various applications.
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Key Highlights:
• The global Machine Learning Market size was valued at USD 3.7 billion in 2022 growing at a CAGR of 32.8% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Machine Learning Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Machine Learning Market players holding high market shares include IBM Corporation, Wipro Limited, Nuance Communications and Cisco Systems Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Microsoft Corporation
• Amazon.com
• Intel Corporation
• Facebook Inc
• IBM Corporation
• Baidu Inc
• Wipro Limited
• Nuance Communications
• Cisco Systems Inc
Segmental Analysis
Market Segment By Component
• Hardware
• Software
• Services
Market Segment By Application
• Government and Defense
• Automotive
• Media and Entertainment
• BFSI
• Telecommunication
For more information: https://evolvebi.com/report/machine-learning-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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