Asia Pacific Machine Learning Market Size & Outlook
Asia Pacific machine learning market, 2018-2030 (US$M)
Related Markets
Asia Pacific machine learning market highlights
- The Asia Pacific machine learning market generated a revenue of USD 15,312.8 million in 2023.
- The market is expected to grow at a CAGR of 43.5% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 15,312.8 million |
| Market revenue in 2030 | USD 191,866.5 million |
| Growth rate | 43.5% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Amazon.com Inc, Baidu Inc ADR, Alphabet Inc Class A, Hewlett Packard Enterprise Co, Intel Corp, International Business Machines Corp, Microsoft Corp, SAS, SAP SE |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.4% of the global 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 191,866.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Machine Learning Market Scope
Machine Learning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 machine learning market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 52.64% in 2023. Horizon Databook has segmented the Asia Pacific machine learning market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
Asian countries are at the forefront of cutting-edge technology and trends like e-health, autonomous driving, artificial intelligence, and fintech. The region's digitalization landscape is complex, with regional and national variations in regulatory capacity, preparation for capitalization, and digital transformation.
The driving force behind the region's digital transformation is the financial and banking industry. For instance, the Economic and Social Commission for Asia and the Pacific (ESCAP) estimates the Asia-Pacific digital payments sector was worth USD 4 trillion in 2021.
Reasons to subscribe to Asia Pacific machine learning market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific machine learning market databook
-
Our clientele includes a mix of machine learning market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific machine learning market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific machine learning market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific machine learning market size, by country, 2018-2030 (US$M)
Asia Pacific Machine Learning Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
