Machine Learning Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global machine learning market is expected to grow at a CAGR of around 36.2% during 2025-2034. This report on global machine learning market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global machine learning market by segmenting the market based on components, enterprise size, end user and region. Also, detailed profiles of companies operating in the machine learning market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Technological Advancements
• Increasing Applications
Market Challenges
• Technical Limitations
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Components
• Hardware
• Software
• Services
Market by Enterprise Size
• Small and Medium-sized Enterprises
• Large Enterprises
Market by End User
• Healthcare
• BFSI
• Law
• Retail
• Advertising & Media
• Automotive & Transportation
• Agriculture
• Manufacturing
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Machine Learning Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Machine Learning Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Machine Learning Market by Product
- 5.1. Introduction
- 5.2. Cloud
- 5.3. On-premises
- 6. Global Machine Learning Market by Components
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software
- 6.4. Services
- 7. Global Machine Learning Market by Enterprise Size
- 7.1. Introduction
- 7.2. Small and Medium-sized Enterprises
- 7.3. Large Enterprises
- 8. Global Machine Learning Market by End User
- 8.1. Introduction
- 8.2. Healthcare
- 8.3. BFSI
- 8.4. Law
- 8.5. Retail
- 8.6. Advertising & Media
- 8.7. Automotive & Transportation
- 8.8. Agriculture
- 8.9. Manufacturing
- 8.10. Others
- 9. Global Machine Learning Market by Region
- 9.1. Introduction
- 9.2. Europe
- 9.2.1. Germany
- 9.2.2. United Kingdom
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Russia
- 9.2.7. Netherlands
- 9.2.8. Rest of the Europe
- 9.3. North America
- 9.3.1. United States
- 9.3.2. Canada
- 9.4. Asia Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. South Korea
- 9.4.5. Australia
- 9.4.6. Indonesia
- 9.4.7. Rest of the Asia Pacific
- 9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America
- 9.6. Middle East & Africa
- 9.6.1. Saudi Arabia
- 9.6.2. Turkey
- 9.6.3. Iran
- 9.6.4. United Arab Emirates
- 9.6.5. Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. Amazon Web Services, Inc.
- 13.2.2. Baidu Inc.
- 13.2.3. Google Inc.
- 13.2.4. H2o.AI
- 13.2.5. Hewlett Packard Enterprise Development LP
- 13.2.6. IBM Corporation
- 13.2.7. Intel Corporation
- 13.2.8. Microsoft Corporation
- 13.2.9. SAP SE
- 13.2.10. SAS Institute Inc.
- List of Figures
- Figure 1: Global Machine Learning Market (in US$ Million), 2020-2024
- Figure 2: Global Machine Learning Market by Component, 2024
- Figure 3: Global Machine Learning Market by Enterprise Size, 2024
- Figure 4: Global Machine Learning Market by End User, 2024
- Figure 5: Global Machine Learning Market by Region, 2024
- Figure 6: Global Machine Learning Market (in US$ Million), 2025-2034
- Figure 7: Global Machine Learning Market by Components (in %), 2024 & 2034
- Figure 8: Global Hardware Machine Learning Market (in US$ Million), 2020-2024
- Figure 9: Global Hardware Machine Learning Market (in US$ Million), 2025-2034
- Figure 10: Global Software Machine Learning Market (in US$ Million), 2020-2024
- Figure 11: Global Software Machine Learning Market (in US$ Million), 2025-2034
- Figure 12: Global Services Machine Learning Market (in US$ Million), 2020-2024
- Figure 13: Global Services Machine Learning Market (in US$ Million), 2025-2034
- Figure 14: Global Machine Learning Market by Enterprise (in %), 2024 & 2034
- Figure 15: Global Small and Medium-sized Enterprises Machine Learning Market (in US$ Million), 2020-2024
- Figure 16: Global Small and Medium-sized Enterprises Machine Learning Market (in US$ Million), 2025-2034
- Figure 17: Global Large Enterprises Machine Learning Market (in US$ Million), 2020-2024
- Figure 18: Global Large Enterprises Machine Learning Market (in US$ Million), 2025-2034
- Figure 19: Global Machine Learning Market by End User (in %), 2024 & 2034
- Figure 20: Global Healthcare Machine Learning Market (in US$ Million), 2020-2024
- Figure 21: Global Healthcare Machine Learning Market (in US$ Million), 2025-2034
- Figure 22: Global BFSI Machine Learning Market (in US$ Million), 2020-2024
- Figure 23: Global BFSI Machine Learning Market (in US$ Million), 2025-2034
- Figure 24: Global Law Machine Learning Market (in US$ Million), 2020-2024
- Figure 25: Global Law Machine Learning Market (in US$ Million), 2025-2034
- Figure 26: Global Retail Machine Learning Market (in US$ Million), 2020-2024
- Figure 27: Global Retail Machine Learning Market (in US$ Million), 2025-2034
- Figure 28: Global Advertising & Media Machine Learning Market (in US$ Million), 2020-2024
- Figure 29: Global Advertising & Media Machine Learning Market (in US$ Million), 2025-2034
- Figure 30: Global Automotive & Transportation Machine Learning Market (in US$ Million), 2020-2024
- Figure 31: Global Automotive & Transportation Machine Learning Market (in US$ Million), 2025-2034
- Figure 32: Global Agriculture Machine Learning Market (in US$ Million), 2020-2024
- Figure 33: Global Agriculture Machine Learning Market (in US$ Million), 2025-2034
- Figure 34: Global Manufacturing Machine Learning Market (in US$ Million), 2020-2024
- Figure 35: Global Manufacturing Machine Learning Market (in US$ Million), 2025-2034
- Figure 36: Global Other End Users Machine Learning Market (in US$ Million), 2020-2024
- Figure 37: Global Other End Users Machine Learning Market (in US$ Million), 2025-2034
- Figure 38: Global Machine Learning Market by Region (in %), 2024 & 2034
- Figure 39: Europe Machine Learning Market (in US$ Million), 2020-2024
- Figure 40: Europe Machine Learning Market (in US$ Million), 2025-2034
- Figure 41: Europe Machine Learning Market by Country (in %), 2024 & 2034
- Figure 42: Germany Machine Learning Market (in US$ Million), 2020-2034
- Figure 43: United Kingdom Machine Learning Market (in US$ Million), 2020-2034
- Figure 44: France Machine Learning Market (in US$ Million), 2020-2034
- Figure 45: Italy Machine Learning Market (in US$ Million), 2020-2034
- Figure 46: Spain Machine Learning Market (in US$ Million), 2020-2034
- Figure 47: Russia Machine Learning Market (in US$ Million), 2020-2034
- Figure 48: Netherlands Machine Learning Market (in US$ Million), 2020-2034
- Figure 49: North America Machine Learning Market (in US$ Million), 2020-2024
- Figure 50: North America Machine Learning Market (in US$ Million), 2025-2034
- Figure 51: North America Machine Learning Market by Country (in %), 2024 & 2034
- Figure 52: United States Machine Learning Market (in US$ Million), 2020-2034
- Figure 53: Canada Machine Learning Market (in US$ Million), 2020-2034
- Figure 54: Asia Pacific Machine Learning Market (in US$ Million), 2020-2024
- Figure 55: Asia Pacific Machine Learning Market (in US$ Million), 2025-2034
- Figure 56: Asia Pacific Machine Learning Market by Country (in %), 2024 & 2034
- Figure 57: China Machine Learning Market (in US$ Million), 2020-2034
- Figure 58: Japan Machine Learning Market (in US$ Million), 2020-2034
- Figure 59: India Machine Learning Market (in US$ Million), 2020-2034
- Figure 60: South Korea Machine Learning Market (in US$ Million), 2020-2034
- Figure 61: Australia Machine Learning Market (in US$ Million), 2020-2034
- Figure 62: Indonesia Machine Learning Market (in US$ Million), 2020-2034
- Figure 63: Latin America Machine Learning Market (in US$ Million), 2020-2024
- Figure 64: Latin America Machine Learning Market (in US$ Million), 2025-2034
- Figure 65: Latin America Machine Learning Market by Country (in %), 2024 & 2034
- Figure 66: Mexico Machine Learning Market (in US$ Million), 2020-2034
- Figure 67: Brazil Machine Learning Market (in US$ Million), 2020-2034
- Figure 68: Argentina Machine Learning Market (in US$ Million), 2020-2034
- Figure 69: Middle East & Africa Machine Learning Market (in US$ Million), 2020-2024
- Figure 70: Middle East & Africa Machine Learning Market (in US$ Million), 2025-2034
- Figure 71: Middle East & Africa Machine Learning Market by Country (in %), 2024 & 2034
- Figure 72: Saudi Arabia Machine Learning Market (in US$ Million), 2020-2034
- Figure 73: Turkey Machine Learning Market (in US$ Million), 2020-2034
- Figure 74: Iran Machine Learning Market (in US$ Million), 2020-2034
- Figure 75: UAE Machine Learning Market (in US$ Million), 2020-2034
- Figure 76: Market Value Chain
- List of Tables
- Table 1: Global Machine Learning Market Portraiture
- Table 2: Global Machine Learning Market by Components (in US$ Million), 2024 & 2034
- Table 3: Global Machine Learning Market by Enterprise Size (in US$ Million), 2024 & 2034
- Table 4: Global Machine Learning Market by End User (in US$ Million), 2024 & 2034
- Table 5: Global Machine Learning Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Machine Learning Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Machine Learning Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Machine Learning Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Machine Learning Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Machine Learning Market by Country (in US$ Million),
- 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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