Machine Learning Market: Size & Forecast to 2030

Machine Learning Market: Size & Forecast to 2030 | Key Insights

Blogs IT, Cloud, Software and Technology

Posté 2025-02-06 09:32:22

The Machine Learning Size was valued at USD 14.91 billion in 2021 and is expected to reach at a CAGR of 38.1% from 2021 to 2030.

The global market is projected to reach USD 302.62 billion by 2030, according to Spherical Insights & Consulting. Machine learning-as-a-service (MLaaS) offers cloud-based tools like data visualization, APIs, facial recognition, NLP, predictive analytics, and deep learning, processed via provider data centers. MLaaS is set to dominate the market due to its adaptability to various business needs. Growth is driven by increasing adoption of cloud services, IoT, automation, and consumer behavior analysis.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Machine Learning market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

Google (United States) Amazon.com (United States) Intel Corporation (United States) Facebook Inc (United States) Microsoft Corporation (United States) IBM Corporation (United States) Baidu Inc (China) Wipro Limited (United States) Nuance Communications (United States) Apple Inc (United States) Cisco Systems, Inc (United States)

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

Get Access to a Free Copy of Our Latest Sample Report - https://www.sphericalinsights.com/request-sample/1313

Market Segmentation:

By Component

Software
Services

By Organization Size

Small Enterprise
Medium Sized Enterprise

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

January 2022: To speed up Stellantis' software transition, Amazon and Stellantis worked together to roll out customer-centric connected experiences across millions of vehicles.

Regional Analysis for Machine Learning Market:

✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Insightful inquiry before buying:- https://www.sphericalinsights.com/inquiry-before-buying/1313

Frequently asked questions:

➥ What is the market size of the Machine Learning market?
➥ What is the market growth rate of the Machine Learning market?
➥ What are the Machine Learning market opportunities and threats faced by the vendors in the global Machine Learning Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Machine Learning market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

Unlock the full report now! @ https://www.sphericalinsights.com/reports/machine-learning-market

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About the Spherical Insights

Spherical Insights is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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