Comprehensive 2025 Automated Machine Learning Solution Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Automated Machine Learning Solution Market Through 2025?
In recent times, the market size of the automated machine learning solution has seen substantial growth. It is projected to expand from $2.12 billion in 2024 to $3.13 billion in 2025, with a compound annual growth rate (CAGR) of 47.9%. The historic period growth is mainly due to the rising needs for predictive models and data-oriented decision-making, alongside incrementing demands for predictive lead scoring systems and process optimization.

What's the Projected Size of the Global Automated Machine Learning Solution Market by 2029?
The market size for automated machine learning solutions is anticipated to expand dramatically in the coming years. It's forecasted to reach $14.89 billion by 2029, with a compound annual growth rate (CAGR) of 47.7%. This impressive growth during the forecast period can be linked to the escalating need for effective fraud detection systems, the growing demand for intelligent business procedures, an increased call to automate the financial sector, its wider acceptance across various industries, and the burgeoning interest in the educational sector. The forecast period will witness major trends like subscription-based models, technological progressions, and the advent of cloud and serverless computing.

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Top Growth Drivers in the Automated Machine Learning Solution Industry: What's Accelerating the Market?
The surge in the need for effective fraud detection methods is forecasted to boost the expansion of the automated machine learning solution market. These fraud detection methods are a combination of tools, techniques and strategies developed to detect and hinder fraudulent activities within various systems, operations, or transactions. At present, machine learning is deployed in detecting fraud to respond to the escalating threat of financial fraud. For instance, as per the Financial Crimes Enforcement Network, a US government agency, the rising trend persisted into 2022, with the check fraud-related Suspicious Activity Reports (SARs) exceeding 680,000. This figure is almost twice the filings from the previous year reported in February 2023. Consequently, the growing demand for effective fraud detection methods will stimulate the expansion of the automated machine learning solution market.

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What Trends Will Shape the Automated Machine Learning Solution Market Through 2029 and Beyond?
Prominent companies in the automated machine learning solution market are embracing technological innovations to maintain their competitive edge. These technological improvements in automated ML solutions include an increase in model transparency and easy integration for smoother and more effective machine learning model development. In a notable development in April 2023, AND Solutions Pte Ltd., a fintech firm based in Singapore offering automated machine learning solution platforms, introduced the NIKO AutoML platform. This progressive machine-learning tool was designed to simplify and hasten the process of prediction model creation. This robust platform provides a range of tools and capabilities that allow users to create and deploy high-quality machine learning models promptly and easily without needing any coding or data science expertise. The user-friendly interface of the platform guides users through every step of the process, delivering optimal results quicker than traditional methods. Key advantages of NIKO AutoML include quick and precise model creation, streamlined operations, enhanced productivity, and cost-efficiency.

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, Healare, 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 Top Companies are Driving Growth in the Automated Machine Learning Solution Market?
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

Which Regions Will Dominate the Automated Machine Learning Solution Market Through 2029?
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.

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