Press release
Advanced Fraud Detection Drives AutoML Market Growth: An Emerging Driver Transforming The Automated Machine Learning (AutoML) Market Landscape
The Automated Machine Learning (AutoML) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Automated Machine Learning (AutoML) Market?
The Automated Machine Learning (AutoML) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Automated Machine Learning (AutoML) Market?
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12607
What Are the Different Automated Machine Learning (AutoML) Market Segments?
The automated machine learning (AutoML) market covered in this report is segmented -
1) By Offering: Solutions, Services
2) By Deployment: Cloud, On-Premises
3) By Enterprise: Small And Medium Enterprise, Large Enterprise
4) By Application: Data Processing, Feature Engineering, Model Selection, Hyperparameter Optimization And Tuning, Model Assembling, Other Applications
5) By End User: Banking, Financial Services And Insurance (BFSI), Retail And E-Commerce, Healthcare, Manufacturing, Other End Users
Subsegments:
1) By Solutions: Cloud-Based Solutions, On-Premises Solutions, Integrated Development Environments (IDEs)
2) By Services: Consulting Services, Implementation Services, Training And Support Services
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12607&type=smp
What Are the Primary Drivers Shaping the Automated Machine Learning (AutoML) Market?
The increasing demand for sophisticated solutions to detect fraud is predicted to boost the automated machine learning (AutoML) market's expansion. The procedure of fraud detection incorporates detecting and hindering fraudulent behaviours or operations within a system or an institution. Automated machine learning (AutoML) serves as a viable tool for fraud detection due to its ability to handle and scrutinize extensive data sets, recognize patterns, and locate anomalies indicative of fraud. To exemplify, in February 2024, Allianz Insurance plc, a German company specializing in insurance and asset management services, confirmed that the claim frauds they identified in 2023 were worth $95.2 million (or £77.4 million), showing an increase from $86.96 million (£70.7 million) the previous year in 2022. Consequently, the growing demand for sophisticated fraud detection solutions is fueling the expansion of the automated machine learning (AutoML) market.
Which Companies Are Leading in the Automated Machine Learning (AutoML) Market?
Major companies operating in the automated machine learning (AutoML) market include Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, Salesforce Inc., Teradata Corporation, Alteryx, Altair Engineering Inc., EdgeVerve Systems Limited, TIBCO Software Inc., DataRobot Inc., Dataiku, BigPanda., H2O.ai Inc., KNIME, Cognitivescale, Anyscale Inc., RapidMiner, Squark AI Inc., Auger.AI, DotData Inc., BigML Inc., Valohai, DarwinAI, Aible Inc., SigOpt, Zerion, Xpanse AI, Neptune Labs
What Are the Major Trends Shaping the Automated Machine Learning (AutoML) Market?
Advancing technology is a leading trend gaining traction in the automated machine learning (AutoML) sector. Top-tier companies in the AutoML market are embracing these technological advancements to maintain their market standing. An example is AND Solutions Pte Ltd., a Singapore-based fintech firm offering AutoML platforms, who unveiled the NIKO AutoML platform in April 2023. This groundbreaking machine-learning tool is designed to simplify and hasten the generation of prediction models. The platform boasts a variety of tools and features, allowing users to swiftly and smoothly produce and roll out first-rate machine learning models, even without coding or data science skills. Guiding users through each step of the process via its user interface, the platform offers excellent outcomes in a much shorter time than traditional methods. Key advantages of NIKO AutoML include rapid and precise model creation, streamlined operations, enhanced productivity, and cost efficiency.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/automated-machine-learning-automl-global-market-report
What Are the Top Revenue-Generating Geographies in the Automated Machine Learning (AutoML) Market?
North America was the largest region in the automated machine learning (AutoML) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated machine learning (AutoML) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automated Machine Learning (AutoML) Market?
2. What is the CAGR expected in the Automated Machine Learning (AutoML) Market?
3. What Are the Key Innovations Transforming the Automated Machine Learning (AutoML) Industry?
4. Which Region Is Leading the Automated Machine Learning (AutoML) Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Advanced Fraud Detection Drives AutoML Market Growth: An Emerging Driver Transforming The Automated Machine Learning (AutoML) Market Landscape here
News-ID: 3995553 • Views: …
More Releases from The Business Research Company
 
                                            
                                                    Top Trends Transforming the Fluoropolymer Films Market Landscape in 2025: Techno …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Fluoropolymer Films Industry Market Size Be by 2025?
The fluoropolymer films market has seen strong growth recently. It will expand from $2.5 billion in 2024 to $2.65 billion in 2025 at a CAGR of 5.7%. Growth drivers in the past included high thermal stability, electronics manufacturing…  
                                        
                                     
                                            
                                                    Driving Digitally Printed Wallpaper Market Growth in 2025: The Role of Rising Ur …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digitally Printed Wallpaper Market Size Growth Forecast: What to Expect by 2025?
The digitally printed wallpaper market has expanded rapidly in recent years. It will grow from $9.13 billion in 2024 to $10.26 billion in 2025, at a CAGR of 12.4%. Historic growth was fueled by interior design preferences,…  
                                        
                                     
                                            
                                                    Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Mar …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion…  
                                        
                                     
                                            
                                                    Acrylic Rubber Market Landscape to 2034: Key Forces Shaping the Next Decade of G …                                                
                                            
                                        
                                            Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Acrylic Rubber Market Size By 2025?
The acrylic rubber industry has seen robust growth in the past few years. The market value, which is projected to escalate from $1.63 billion in 2024 to $1.74 billion in 2025, implies a compound annual growth rate (CAGR) of…  
                                        
                                    More Releases for AutoML
                                                    Automated Machine Learning (AutoML) Market Size, Growth, and Demand Analysis | 2 …                                                
                                            
                                        
                                            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)…  
                                        
                                    
                                                    Automated Machine Learning (AutoML) Market Size, Analysis, Trends And Strategies …                                                
                                            
                                        
                                            "The Business Research Company recently released a comprehensive report on the Global Automated Machine Learning (AutoML) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free…  
                                        
                                    
                                                    Automated Machine Learning (AutoML): Revolutionizing Market Insights 2024                                                
                                            
                                        
                                            The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Automated Machine Learning (AutoML) Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.35 billion In…  
                                        
                                    
                                                    Automated Machine Learning (AutoML) Market Size to Exhibit a CAGR of 44.6% By 20 …                                                
                                            
                                        
                                            The market for Automated Machine Learning is estimated to grow from USD 1.0 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 44.6% during the forecast period. AutoML, or Automated Machine Learning, is a rapidly growing field that aims to automate many of the time-consuming and complex tasks involved in building and deploying machine learning models.
Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193686230   
The AutoML market has…  
                                        
                                    
                                                    Automated Machine Learning (AutoML) Market by Solutions & Services, Application  …                                                
                                            
                                        
                                            The market for Automated Machine Learning is projected to grow from USD 1.0 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 44.6% during the forecast period. Explainable AI is a crucial aspect of AutoML that aims to provide transparency into how machine learning models make predictions. By using explainable AI techniques, such as feature importance and decision trees, businesses can gain insights into how their…  
                                        
                                    
                                                    AutoML Market To Generate $14,830.8 Million Revenue by 2030                                                
                                            
                                        
                                            A number of factors, such as the rising need for effective fraud detection solutions, surging demand for personalized product commendations, and growing importance of projecting lead scoring, are expected to drive the automated machine learning (AutoML) market in the foreseeable period (2020-2030). According to P&S Intelligence, the market generated revenue of $346.2 million in 2020, which is expected to reach $14,830.8 million by 2030, growing at a CAGR of 45.6%…  
                                        
                                    