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Leading Growth Driver in the Automated Machine Learning Solution Market in 2025: Surge In Demand For Fraud Detection Drives The Automated Machine Learning Solutions Market Driver's Influence

02-04-2025 06:51 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Leading Growth Driver in the Automated Machine Learning Solution Market

Leading Growth Driver in the Automated Machine Learning Solution Market

What Are the Market Size and Growth Forecast for the Automated Machine Learning Solution Market?
The automated machine learning (AutoML) solution market has grown exponentially in recent years. It is projected to surge from $2.12 billion in 2024 to $3.13 billion in 2025, with a CAGR of 47.9%. The past growth was fueled by the rising demand for predictive models, data-driven decision-making, the increasing need for predictive lead scoring systems, and process optimization efforts across industries.

The automated machine learning solution market is expected to experience exponential growth, reaching $14.89 billion by 2029 at a CAGR of 47.7%. This growth is driven by the need for efficient fraud detection solutions, the rise in intelligent business processes, the automation of the financial sector, increasing industry adoption, and growing educational interest. Trends include subscription models, technological advancements, and cloud/serverless computing.

What Is Contributing to the Growth of the Automated Machine Learning Solution Market?
Increasing demand for efficient fraud detection solutions is expected to propel the growth of the automated machine learning solution market. As financial fraud increases, especially through digital channels, machine learning solutions are increasingly being used to detect and prevent fraudulent transactions. For example, the Financial Crimes Enforcement Network reported in February 2023 that the number of fraud-related suspicious activity reports (SARs) had nearly doubled in 2022, highlighting the need for automated machine learning-based fraud detection solutions.

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Which Key Market Leaders Are Driving Automated Machine Learning Solution Industry Growth?
Major companies operating in the automated machine learning solution market report are Microsoft Corporation, Amazon Web Services Inc., Microsoft Azure Automated Machine Learning, International Business Machines Corporation, Oracle, SAS Institute Inc., Databricks, Alteryx, H2O.ai, EdgeVerve Systems Limited, Dataiku, Datarobot Inc., KNIME, Rasa, Peltarion, RapidMiner, Auger.AI, BigML, dotData Inc., Big Squid Inc., Determined.ai Inc., Turi (formerly GraphLab), Turing Analytics

What Are the Emerging Trends in the Automated Machine Learning Solution Industry?
In the automated machine learning solution market, new innovations are focusing on ease of integration and model interpretability. For instance, in April 2023, AND Solutions Pte Ltd., a Singapore-based fintech company, launched the NIKO AutoML platform, which enables users to rapidly build machine learning models with no coding required, streamlining the model creation process and increasing productivity.

What Are the Main Segments in the Automated Machine Learning Solution Market?
The automated machine learning solution market covered in this report is segmented -

1) By Offering: Platform, Service
2) By Deployment: On-Premise, Cloud
3) By Enterprise Size: Large Enterprises, SMEs
4) By End-Users: BFSI, Retail And E-Commerce, Healthcare, Manufacturing

Subsegments:
1) By Platform: Cloud-Based Platforms, On-Premises Platforms, Integrated Development Environments (IDEs), AutoML Tools
2) By Service: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Workshops

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Which Geographic Area Leads the Automated Machine Learning Solution Market?
North America was the largest region in the automated machine learning solution market in 2024. The regions covered in the automated machine learning solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Automated Machine Learning Solution Global Market Report?

- Market Size Analysis: Analyze the Automated Machine Learning Solution Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automated Machine Learning Solution Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automated Machine Learning Solution Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automated Machine Learning Solution Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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