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Automated Machine Learning (AutoML) Market Size, Growth, and Demand Analysis | 2032 Statistics Report
The Automated Machine Learning (AutoML) Market is Valued USD 1.2 billion by 2024 and projected to reach USD 33.0 billion by 2032, growing at a CAGR of CAGR of 44.50% During the Forecast period of 2025-2032.The Latest Market Research report on "Global Automated Machine Learning (AutoML) Market Report 2025 - Future Opportunities, Latest Trends, In-Depth Analysis, and Forecast to 2032" provides strategic insights into the global Automated Machine Learning (AutoML) market, including market size estimates (Volume - Million Units, Revenue - US$ Billion) for the period 2025 to 2032. This comprehensive study analyzes multiple market segments based on type and application, while also exploring different geographical regions. Additionally, the report features competitive profiling of leading Automated Machine Learning (AutoML) vendors, highlighting their latest advancements.
The study not only examines current market trends but also forecasts future trends that will shape demand. Year-on-year growth rates are provided for each market segment. Moreover, the report evaluates the production landscape, covering raw material costs, technology expenses, labor costs, and overall cost analysis for the Automated Machine Learning (AutoML) market.
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Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
IBM, Oracle, Microsoft, ServiceNow, Google, Baidu, AWS, Alteryx, Salesforce, Altair, Teradata, H2O.ai, DataRobot, BigML, Databricks , Dataiku, Alibaba Cloud, Appier, Squark, Aible, Datafold , Boost.ai, Tazi.ai, Akkio, Valohai, dotData, Qlik, Mathworks, HPE, and SparkCognition. And s. and Other...
Market dynamics
Drivers:
Democratization of AI: AutoML enables non-experts to create machine learning models, expanding access to AI technologies.
Demand for faster AI development: Organizations are seeking to accelerate the development of AI models without needing extensive data science expertise.
Restraints:
Limited flexibility: AutoML tools often trade flexibility for simplicity, meaning they may not be suitable for highly specialized or complex tasks.
Quality of results: Automated processes may not always produce the best-performing models for specific use cases.
Challenges:
Data preparation: AutoML tools still require high-quality, well-prepared data for optimal performance.
Model explainability: Understanding how an AutoML tool arrives at its decisions can be difficult, especially for non-experts.
Opportunities:
Increased AI adoption: AutoML lowers the barriers to AI adoption, allowing more organizations to leverage machine learning capabilities.
Cross-industry applications: AutoML can be used in various industries, from finance to healthcare, to automate tasks such as fraud detection, predictive maintenance, and customer service.
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Automated Machine Learning (AutoML) Industry Segmentation:
Market Digits Group provides an analysis of the key trends in each segment of the global Automated Machine Learning (AutoML) market, along with forecasts at the global and regional levels from 2025-2032.
By Offerings
Platform
Service
Deployment type
On-Premises
Cloud
By Application
Fraud Detection
Sales & Marketing Management
Medical Testing
Transport Optimization
By Vertical
BFSI
IT & Telecom
Healthcare
Government
Retail
Manufacturing
Others
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Report Content Brief:
- High-level analysis of the current and future Automated Machine Learning (AutoML) Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Automated Machine Learning (AutoML) Market historical market size for the year 2020, and forecast from 2025 to 2032
- Automated Machine Learning (AutoML) Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Automated Machine Learning (AutoML) Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
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Why Choose Market Digits?
Strong Industry Focus: In-depth analysis across various sectors.
Comprehensive Market Research: Data-driven insights tailored to your needs.
Customer Research Services: Understanding consumer behavior and preferences.
Competitive Landscape Analysis: Benchmarking key players and strategies.
Value Chain Analysis: Assessing supply chain efficiencies and opportunities.
Latest Market Trends & Developments: Stay ahead with real-time updates.
Post-Sales Support: Continued assistance for better decision-making.
Growth Dynamics & Forecasting: Actionable insights for sustainable expansion.
Regulatory & Policy Analysis: Compliance insights for market entry.
Custom Reports & Consulting: Tailored solutions for business growth.
We offer customization on report based on customer's specific requirement:
- country-level analysis for the 5 countries of your choice.
- competitive analysis of 5 key market players.
- 40 free analyst hours to cover any other data point.
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