Latin America Automated Machine Learning Market Size & Outlook
Latin America automated machine learning market, 2017-2030 (US$M)
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Latin America automated machine learning market highlights
- The Latin America automated machine learning market generated a revenue of USD 279.7 million in 2023.
- The market is expected to grow at a CAGR of 38.3% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating offering in 2023.
- Solution is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 279.7 million |
| Market revenue in 2030 | USD 2,705.5 million |
| Growth rate | 38.3% (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, Latin America region accounted for 10.5% of the global automated machine learning market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,961.6 million by 2030.
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Automated Machine Learning Market Scope
Automated Machine Learning Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 52.2% in 2023. Horizon Databook has segmented the Latin America automated machine learning market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automated machine learning market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automated machine learning market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America automated machine learning market size, by country, 2017-2030 (US$M)
Latin America Automated Machine Learning Market Outlook Share, 2023 & 2030 (US$M)
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