Global Automated Machine Learning Market Size & Outlook
Global automated machine learning market, 2017-2030 (US$M)
Related Markets
Global automated machine learning market highlights
- The global automated machine learning market generated a revenue of USD 2,658.9 million in 2023 and is expected to reach USD 21,969.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 35.2% by 2030.
- In terms of segment, services accounted for a revenue of USD 1,392.9 million in 2023.
- Solution is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,658.9 million |
| Market revenue in 2030 | USD 21,969.7 million |
| Growth rate | 35.2% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Solution |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 30.7% of the global automated machine learning market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,383.6 million by 2030.
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Automated Machine Learning Market Scope
Automated Machine Learning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automated machine learning market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated machine learning market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 52.39% in 2023. Horizon Databook has segmented the Global automated machine learning market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Automated Machine Learning Offering Outlook (Revenue, USD Million, 2017-2030)
- Solution
- Services
- Global Automated Machine Learning Enterprise Size Outlook (Revenue, USD Million, 2017-2030)
- SMEs
- Large Enterprises
- Global Automated Machine Learning Deployment Outlook (Revenue, USD Million, 2017-2030)
- Cloud
- On-premises
- Global Automated Machine Learning Application Outlook (Revenue, USD Million, 2017-2030)
- Data Processing
- Feature Engineering
- Model Selection
- Hyperparameter Optimization Tuning
- Model Ensembling
- Others
- Global Automated Machine Learning Vertical Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- Retail & E commerce
- Healthcare
- Government & Defense
- Manufacturing
- Media & Entertainment
- Automotive & transportation
- IT & Telecommunications
- Others
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Our clientele includes a mix of automated machine learning market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automated machine learning market , including forecasts for subscribers. This global databook contains high-level insights into Global automated machine learning market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automated machine learning market size, by regions, 2017-2030 (US$M)
Top 10 countries: Automated machine learning market size, 2023 (US$M)
Global automated machine learning market share, by offering, 2023 & 2030 (%, US$M)
Automated machine learning market: Opportunity assessment by country
Global automated machine learning market, by region, 2023 (US$M)
Related regional statistics
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