40 likes | 55 Views
Machine Learning Market size was valued at USD 6.91 billion in 2021 and is poised to grow from USD 9.95 billion in 2022 to USD 183.21 billion by 2030, growing at a CAGR of 44.1% in the forecast period (2023-2030).
E N D
Global Machine Learning Market Size, Share, Growth Analysis, By Component By Deployment By Enterprise Size By End User- Industry Forecast 2023-2030 Machine Learning Market size was valued at USD 6.91 billion in 2021 and is poised to grow from USD 9.95 billion in 2022 to USD 183.21 billion by 2030, growing at a CAGR of 44.1% in the forecast period (2023-2030). With the use of machine learning (ML), which is a form of artificial intelligence (AI), software programs may anticipate outcomes more accurately without having to be explicitly instructed to do so. In order to forecast new output values, machine learning algorithms use past data as input. The global machine learning market is expected to observe a boost as machine learning will become a significant trend in security analytics as businesses use more sophisticated security frameworks. Cyber specialists struggle greatly to detect and analyse prospective cyber threats and attacks since there is so much data being produced and transmitted across many networks. As cyber risks become more pervasive and sophisticated, with supply chain attacks increasing by 42% in the first quarter of 2021 in the US, affecting up to 7,000,000 individuals, machine-learning algorithms can help enterprises and security teams anticipate, detect, and recognize cyber-attacks more swiftly. For example, the promise of 5G wireless networking and edge computing for the digital revolution will be demonstrated, according to AT&T and IBM. Together, they have developed virtual environments that let business clients really feel the potential of AT&T connection when combined with IBM hybrid cloud and AI technologies. Businesses from all sectors, including the public
sector, manufacturing, and financial services, can benefit from this collaboration to innovate quickly and securely and address issues plaguing several sectors at the moment, such as supply chain disruptions, cyber threats, ransomware, and the demand for frictionless services in the 5G era. This is expected to boost the global machine learning market during the forecast period. Global Machine Learning Market Segmental Analysis Global machine learning market is segmented based on the component, enterprise size, deployment, end-user, and region. Based on the component, the global machine learning market is segmented into solutions, and services. Based on enterprise size, the market is segmented into SMEs and large enterprises. Based on deployment, the global machine learning market is segmented into cloud and on- premise. Based on end-users, the global machine learning market is segmented as healthcare, retail, IT and telecommunications, banking, financial services and insurance (BFSI), automotive & transportation, advertising & media, manufacturing, and others (energy & utilities, etc.). Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
View more https://www.skyquestt.com/report/machine-learning- market Top Players in the Global Machine Learning Market •IBM •Amazon Web Services (AWS) •Microsoft Corporation •Google LLC •SAS Institute Inc. •Intel Corporation •Alphabet Inc. •General Electric •SAP SE •H2O.ai •Freenome Holdings Inc. •Baidu Inc. •Ayasdi Inc. •Salesforce.com Inc. •DataRobot Inc. •Big Panda Inc. •Teradata Corporation •Domino Data Lab Inc. •Cloudera Inc. •RapidMiner Inc. About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter