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Automated Machine Learning Market Research Report - Global Industry Analysis and Growth Forecast to 2030

  • ID: 5010695
  • Report
  • November 2021
  • Region: Global
  • 188 Pages
  • Prescient & Strategic Intelligence Private Limited

FEATURED COMPANIES

  • Amazon Web Services Inc.
  • Big Squid Inc.
  • DataRobot Inc.
  • Determined.ai Inc.
  • dotData Inc.
  • EdgeVerve Systems Limited
From $346.2 million in 2020, the automated machine learning market is predicted to reach $14,830.8 million by 2030, demonstrating a CAGR of 45.6% from 2020 to 2030. The major factors driving the market are the burgeoning requirement for efficient fraud detection solutions, soaring demand for personalized product recommendations, and increasing need for predictive lead scoring.



The COVID-19 pandemic has contributed significantly to the evolution of digital business models, with many healthcare companies adopting machine-learning-enabled chatbots to enable the contactless screening of COVID-19 symptoms. Moreover, Clevy.io, which is a France-based start-up, and Amazon Web Services (AWS) have launched a chatbot for making the process of finding official government communications about the COVID-19 infection easy. Thus, the pandemic has positively impacted the market.

The service category, under the offering segment, is predicted to demonstrate the faster growth in the coming years. This is credited to the burgeoning requirement for implementation and integration, consulting, and maintenance services, as they assist in enhancing business productivity and augmenting coding activities. Additionally, these services aid in automating workflows, which, in turn, enables the mechanization of complex operations.

The cloud category dominated the AutoML market, within the deployment type segment, in the past. Moreover, this category is predicted to grow rapidly in the forthcoming years on account of the flexibility and scalability provided by cloud-based automated machine learning (AutoML) solutions.

Geographically, North America held the largest share in the past, and this trend is expected to continue in the coming years. This is credited to the soaring venture capital funding by artificial intelligence (AI) companies for research and development (R&D), in order to advance AutoML.

Asia-Pacific (APAC) is predicted to be the fastest-growing region in the market in the forthcoming years. This is ascribed to the growing information technology (IT) investments and increasing fintech adoption in the region. In addition, the growing government focus on incorporating AI in multiple verticals is supporting the advance of the market in the region.

For instance, in October 2021, Hivecell, which is an edge as a service company, entered into a partnership with DataRobot Inc. for solving bigger challenges and hurdles at the edge, by processing various ML models on site and outside the data closet. By incorporating the two solutions, businesses can make data-driven decisions more efficiently.

The major players in the AutoML market are DataRobot Inc., dotData Inc., H2O.ai Inc., Amazon Web Services Inc., Big Squid Inc., Microsoft Corporation, Determined.ai Inc., SAS Institute Inc., Squark, and EdgeVerve Systems Limited.
Frequently Asked Questions about the AutoML Market

What is the estimated value of the AutoML Market?

The AutoML Market was estimated to be valued at $346.2 Million in 2020.

What is the growth rate of the AutoML Market?

The growth rate of the AutoML Market is 45.6%, with an estimated value of $14830.8 Million by 2030.

What is the forecasted size of the AutoML Market?

The AutoML Market is estimated to be worth $14830.8 Million by 2030.

Who are the key companies in the AutoML Market?

Key companies in the AutoML Market include DataRobot Inc., H2O.ai Inc., dotData Inc., EdgeVerve Systems Limited, Amazon Web Services Inc., Squark, Big Squid Inc., SAS Institute Inc. and Determined.ai Inc..

FEATURED COMPANIES

  • Amazon Web Services Inc.
  • Big Squid Inc.
  • DataRobot Inc.
  • Determined.ai Inc.
  • dotData Inc.
  • EdgeVerve Systems Limited

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Offering
1.3.2 Market Segmentation by Deployment Type
1.3.3 Market Segmentation by Enterprise Size
1.3.4 Market Segmentation by Application
1.3.5 Market Segmentation by Industry
1.3.6 Market Segmentation by Region
1.3.7 Analysis Period
1.3.8 Market Data Reporting Unit
1.3.8.1 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By Region
2.2.1.2 By Industry Participant
2.2.1.3 By Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions For the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Offering
4.1.1.1 Platform
4.1.1.2 Service
4.1.1.2.1 Professional
4.1.1.2.2 Managed
4.1.2 By Deployment Type
4.1.2.1 On-Premises
4.1.2.2 Cloud
4.1.3 By Enterprise Size
4.1.3.1 Large Enterprise
4.1.3.2 Sme
4.1.4 By Application
4.1.4.1 Fraud Detection
4.1.4.2 Sales & Marketing Management
4.1.4.3 Medical Testing
4.1.4.4 Transport Optimization
4.1.4.5 Others
4.1.5 By Industry
4.1.5.1 Bfsi
4.1.5.2 It & Telecom
4.1.5.3 Healthcare
4.1.5.4 Government
4.1.5.5 Retail
4.1.5.6 Manufacturing
4.1.5.7 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing Preference For Cloud-Based Automl Platform
4.3.2 Drivers
4.3.2.1 Increasing Demand For Efficient Fraud Detection Solutions
4.3.2.2 Growing Need For Personalized Product Recommendations
4.3.2.3 Rising Importance of Predictive Lead Scoring
4.3.2.4 Impact Analysis of Drivers On Market Forecast
4.3.3 Restraints
4.3.3.1 Slow Adoption of Automl In Developing Countries
4.3.3.2 Impact Analysis of Restraints On Market Forecast
4.3.4 Opportunities
4.3.4.1 Growing Healthcare Industry
4.3.4.2 Rising Importance of Effective Product Assortment
4.4 Impact of COVID-19 On Automl Market
4.5 Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Intensity of Rivalry
4.5.5 Threat of Substitutes
Chapter 5. Global Market Size and Forecast
5.1 By Offering
5.1.1 By Service
5.2 By Deployment Type
5.3 By Enterprise Size
5.4 By Application
5.5 By Industry
5.6 By Region
Chapter 6. North America Market Size and Forecast
6.1 By Offering
6.1.1 By Service
6.2 By Deployment Type
6.3 By Enterprise Size
6.4 By Application
6.5 By Industry
6.6 By Country
Chapter 7. Europe Market Size and Forecast
7.1 By Offering
7.1.1 By Service
7.2 By Deployment Type
7.3 By Enterprise Size
7.4 By Application
7.5 By Industry
7.6 By Country
Chapter 8. Apac Market Size and Forecast
8.1 By Offering
8.1.1 By Service
8.2 By Deployment Type
8.3 By Enterprise Size
8.4 By Application
8.5 By Industry
8.6 By Country
Chapter 9. Mea Market Size and Forecast
9.1 By Offering
9.1.1 By Service
9.2 By Deployment Type
9.3 By Enterprise Size
9.4 By Application
9.5 By Industry
9.6 By Country
Chapter 10. Latam Market Size and Forecast
10.1 By Offering
10.1.1 By Service
10.2 By Deployment Type
10.3 By Enterprise Size
10.4 By Application
10.5 By Industry
10.6 By Country
Chapter 11. Competitive Landscape
11.1 List of Key Players
11.2 Competitive Analysis of Key Players
11.3 Recent Activities of Major Players
11.4 Strategic Developments of Key Players
11.4.1 Mergers and Acquisitions
11.4.2 Partnerships
11.4.3 Product/Service Launches
11.4.4 Others
Chapter 12. Company Profiles
12.1 Datarobot Inc.
12.1.1 Business Overview
12.1.2 Product and Service Offerings
12.2 H2O.Ai Inc.
12.2.1 Business Overview
12.2.2 Product and Service Offerings
12.3 Dotdata Inc.
12.3.1 Business Overview
12.3.2 Product and Service Offerings
12.4 Edgeverve Systems Limited
12.4.1 Business Overview
12.4.2 Product and Service Offerings
12.5 Amazon Web Services Inc.
12.5.1 Business Overview
12.5.2 Product and Service Offerings
12.6 Squark
12.6.1 Business Overview
12.6.2 Product and Service Offerings
12.7 Big Squid Inc.
12.7.1 Business Overview
12.7.2 Product and Service Offerings
12.8 Sas Institute Inc.
12.8.1 Business Overview
12.8.2 Product and Service Offerings
12.9 Microsoft Corporation
12.9.1 Business Overview
12.9.2 Product and Service Offerings
12.9.3 Key Financial Summary
12.10 Determined.Ai Inc.
12.10.1 Business Overview
12.10.2 Product and Service Offerings
Chapter 13. Appendix
13.1 Abbreviations
13.2 Sources and References
13.3 Related Reports
List of Tables
Table 1 Analysis Period of the Study
Table 2 Drivers For the Market: Impact Analysis
Table 3 Restraints For the Market: Impact Analysis
Table 4 Global Automl Market, by Offering, $M (2015-2020)
Table 5 Global Automl Market, by Offering, $M (2021-2025)
Table 6 Global Automl Market, by Offering, $M (2026-2030)
Table 7 Global Automl Service Market, by Type, $M (2015-2020)
Table 8 Global Automl Service Market, by Type, $M (2021-2025)
Table 9 Global Automl Service Market, by Type, $M (2026-2030)
Table 10 Global Automl Market, by Deployment Type, $M (2015-2020)
Table 11 Global Automl Market, by Deployment Type, $M (2021-2025)
Table 12 Global Automl Market, by Deployment Type, $M (2026-2030)
Table 13 Global Automl Market, by Enterprise Size, $M (2015-2020)
Table 14 Global Automl Market, by Enterprise Size, $M (2021-2025)
Table 15 Global Automl Market, by Enterprise Size, $M (2026-2030)
Table 16 Global Automl Market, by Application, $M (2015-2020)
Table 17 Global Automl Market, by Application, $M (2021-2025)
Table 18 Global Automl Market, by Application, $M (2026-2030)
Table 19 Global Automl Market, by Industry, $M (2015-2020)
Table 20 Global Automl Market, by Industry, $M (2021-2025)
Table 21 Global Automl Market, by Industry, $M (2026-2030)
Table 22 Global Automl Market, by Region, $M (2015-2020)
Table 23 Global Automl Market, by Region, $M (2021-2025)
Table 24 Global Automl Market, by Region, $M (2026-2030)
Table 25 North America Automl Market, by Offering, $M (2015-2020)
Table 26 North America Automl Market, by Offering, $M (2021-2025)
Table 27 North America Automl Market, by Offering, $M (2026-2030)
Table 28 North America Automl Service Market, by Type, $M (2015-2020)
Table 29 North America Automl Service Market, by Type, $M (2021-2025)
Table 30 North America Automl Service Market, by Type, $M (2026-2030)
Table 31 North America Automl Market, by Deployment Type, $M (2015-2020)
Table 32 North America Automl Market, by Deployment Type, $M (2021-2025)
Table 33 North America Automl Market, by Deployment Type, $M (2026-2030)
Table 34 North America Automl Market, by Enterprise Size, $M (2015-2020)
Table 35 North America Automl Market, by Enterprise Size, $M (2021-2025)
Table 36 North America Automl Market, by Enterprise Size, $M (2026-2030)
Table 37 North America Automl Market, by Application, $M (2015-2020)
Table 38 North America Automl Market, by Application, $M (2021-2025)
Table 39 North America Automl Market, by Application, $M (2026-2030)
Table 40 North America Automl Market, by Industry, $M (2015-2020)
Table 41 North America Automl Market, by Industry, $M (2021-2025)
Table 42 North America Automl Market, by Industry, $M (2026-2030)
Table 43 North America Automl Market, by Country, $M (2015-2020)
Table 44 North America Automl Market, by Country, $M (2021-2025)
Table 45 North America Automl Market, by Country, $M (2026-2030)
Table 46 Europe Automl Market, by Offering, $M (2015-2020)
Table 47 Europe Automl Market, by Offering, $M (2021-2025)
Table 48 Europe Automl Market, by Offering, $M (2026-2030)
Table 49 Europe Automl Service Market, by Type, $M (2015-2020)
Table 50 Europe Automl Service Market, by Type, $M (2021-2025)
Table 51 Europe Automl Service Market, by Type, $M (2026-2030)
Table 52 Europe Automl Market, by Deployment Type, $M (2015-2020)
Table 53 Europe Automl Market, by Deployment Type, $M (2021-2025)
Table 54 Europe Automl Market, by Deployment Type, $M (2026-2030)
Table 55 Europe Automl Market, by Enterprise Size, $M (2015-2020)
Table 56 Europe Automl Market, by Enterprise Size, $M (2021-2025)
Table 57 Europe Automl Market, by Enterprise Size, $M (2026-2030)
Table 58 Europe Automl Market, by Application, $M (2015-2020)
Table 59 Europe Automl Market, by Application, $M (2021-2025)
Table 60 Europe Automl Market, by Application, $M (2026-2030)
Table 61 Europe Automl Market, by Industry, $M (2015-2020)
Table 62 Europe Automl Market, by Industry, $M (2021-2025)
Table 63 Europe Automl Market, by Industry, $M (2026-2030)
Table 64 Europe Automl Market, by Country, $M (2015-2020)
Table 65 Europe Automl Market, by Country, $M (2021-2025)
Table 66 Europe Automl Market, by Country, $M (2026-2030)
Table 67 Apac Automl Market, by Offering, $M (2015-2020)
Table 68 Apac Automl Market, by Offering, $M (2021-2025)
Table 69 Apac Automl Market, by Offering, $M (2026-2030)
Table 70 Apac Automl Service Market, by Type, $M (2015-2020)
Table 71 Apac Automl Service Market, by Type, $M (2021-2025)
Table 72 Apac Automl Service Market, by Type, $M (2026-2030)
Table 73 Apac Automl Market, by Deployment Type, $M (2015-2020)
Table 74 Apac Automl Market, by Deployment Type, $M (2021-2025)
Table 75 Apac Automl Market, by Deployment Type, $M (2026-2030)
Table 76 Apac Automl Market, by Enterprise Size, $M (2015-2020)
Table 77 Apac Automl Market, by Enterprise Size, $M (2021-2025)
Table 78 Apac Automl Market, by Enterprise Size, $M (2026-2030)
Table 79 Apac Automl Market, by Application, $M (2015-2020)
Table 80 Apac Automl Market, by Application, $M (2021-2025)
Table 81 Apac Automl Market, by Application, $M (2026-2030)
Table 82 Apac Automl Market, by Industry, $M (2015-2020)
Table 83 Apac Automl Market, by Industry, $M (2021-2025)
Table 84 Apac Automl Market, by Industry, $M (2026-2030)
Table 85 Apac Automl Market, by Country, $M (2015-2020)
Table 86 Apac Automl Market, by Country, $M (2021-2025)
Table 87 Apac Automl Market, by Country, $M (2026-2030)
Table 88 Mea Automl Market, by Offering, $M (2015-2020)
Table 89 Mea Automl Market, by Offering, $M (2021-2025)
Table 90 Mea Automl Market, by Offering, $M (2026-2030)
Table 91 Mea Automl Service Market, by Type, $M (2015-2020)
Table 92 Mea Automl Service Market, by Type, $M (2021-2025)
Table 93 Mea Automl Service Market, by Type, $M (2026-2030)
Table 94 Mea Automl Market, by Deployment Type, $M (2015-2020)
Table 95 Mea Automl Market, by Deployment Type, $M (2021-2025)
Table 96 Mea Automl Market, by Deployment Type, $M (2026-2030)
Table 97 Mea Automl Market, by Enterprise Size, $M (2015-2020)
Table 98 Mea Automl Market, by Enterprise Size, $M (2021-2025)
Table 99 Mea Automl Market, by Enterprise Size, $M (2026-2030)
Table 100 Mea Automl Market, by Application, $M (2015-2020)
Table 101 Mea Automl Market, by Application, $M (2021-2025)
Table 102 Mea Automl Market, by Application, $M (2026-2030)
Table 103 Mea Automl Market, by Industry, $M (2015-2020)
Table 104 Mea Automl Market, by Industry, $M (2021-2025)
Table 105 Mea Automl Market, by Industry, $M (2026-2030)
Table 106 Mea Automl Market, by Country, $M (2015-2020)
Table 107 Mea Automl Market, by Country, $M (2021-2025)
Table 108 Mea Automl Market, by Country, $M (2026-2030)
Table 109 Latam Automl Market, by Offering, $M (2015-2020)
Table 110 Latam Automl Market, by Offering, $M (2021-2025)
Table 111 Latam Automl Market, by Offering, $M (2026-2030)
Table 112 Latam Automl Service Market, by Type, $M (2015-2020)
Table 113 Latam Automl Service Market, by Type, $M (2021-2025)
Table 114 Latam Automl Service Market, by Type, $M (2026-2030)
Table 115 Latam Automl Market, by Deployment Type, $M (2015-2020)
Table 116 Latam Automl Market, by Deployment Type, $M (2021-2025)
Table 117 Latam Automl Market, by Deployment Type, $M (2026-2030)
Table 118 Latam Automl Market, by Enterprise Size, $M (2015-2020)
Table 119 Latam Automl Market, by Enterprise Size, $M (2021-2025)
Table 120 Latam Automl Market, by Enterprise Size, $M (2026-2030)
Table 121 Latam Automl Market, by Application, $M (2015-2020)
Table 122 Latam Automl Market, by Application, $M (2021-2025)
Table 123 Latam Automl Market, by Application, $M (2026-2030)
Table 124 Latam Automl Market, by Industry, $M (2015-2020)
Table 125 Latam Automl Market, by Industry, $M (2021-2025)
Table 126 Latam Automl Market, by Industry, $M (2026-2030)
Table 127 Latam Automl Market, by Country, $M (2015-2020)
Table 128 Latam Automl Market, by Country, $M (2021-2025)
Table 129 Latam Automl Market, by Country, $M (2026-2030)
Table 130 List of Key Players and Their Offerings
Table 131 Datarobot Inc. - at a Glance
Table 132 H2O.Ai Inc. - at a Glance
Table 133 Dotdata Inc. - at a Glance
Table 134 Edgeverve Systems Limited - at a Glance
Table 135 Amazon Web Services Inc. - at a Glance
Table 136 Squark - at a Glance
Table 137 Big Squid Inc. - at a Glance
Table 138 Sas Institute Inc. - at a Glance
Table 139 Microsoft Corporation - at a Glance
Table 140 Microsoft Corporation - Key Financial Summary
Table 141 Determined.Ai Inc. - at a Glance
List of Figures
Figure 1 Research Scope
Figure 2 Research Methodology
Figure 3 Regional Split of Primary and Secondary Research
Figure 4 Breakdown of Primary Research by Region
Figure 5 Breakdown of Primary Research by Industry Participant
Figure 6 Breakdown of Primary Research by Company Type
Figure 7 Data Triangulation Approach
Figure 8 Global Automl Market Summary
Figure 9 Value Chain Analysis
Figure 10 Bargaining Power of Buyers
Figure 11 Bargaining Power of Suppliers
Figure 12 Threat of New Entrants
Figure 13 Intensity of Rivalry
Figure 14 Threat of Substitutes
Figure 15 Global Automl Market Snapshot
Figure 16 Global Automl Market, by Offering, $M (2015-2030)
Figure 17 Global Automl Service Market, by Type, $M (2015-2030)
Figure 18 Global Automl Market, by Deployment Type, $M (2015-2030)
Figure 19 Global Automl Market, by Enterprise Size, $M (2015-2030)
Figure 20 Global Automl Market, by Application, $M (2015-2030)
Figure 21 Global Automl Market, by Industry, $M (2015-2030)
Figure 22 Major Worldwide Markets For Automl
Figure 23 Global Automl Market, by Region, $M (2015-2030)
Figure 24 North America Automl Market Snapshot
Figure 25 North America Automl Market, by Offering, $M (2015-2030)
Figure 26 North America Automl Service Market, by Type, $M (2015-2030)
Figure 27 North America Automl Market, by Deployment Type, $M (2015-2030)
Figure 28 North America Automl Market, by Enterprise Size, $M (2015-2030)
Figure 29 North America Automl Market, by Application, $M (2015-2030)
Figure 30 North America Automl Market, by Industry, $M (2015-2030)
Figure 31 North America Automl Market, by Country, $M (2015-2030)
Figure 32 Europe Automl Market Snapshot
Figure 33 Europe Automl Market, by Offering, $M (2015-2030)
Figure 34 Europe Automl Service Market, by Type, $M (2015-2030)
Figure 35 Europe Automl Market, by Deployment Type, $M (2015-2030)
Figure 36 Europe Automl Market, by Enterprise Size, $M (2015-2030)
Figure 37 Europe Automl Market, by Application, $M (2015-2030)
Figure 38 Europe Automl Market, by Industry, $M (2015-2030)
Figure 39 Europe Automl Market, by Country, $M (2015-2030)
Figure 40 Apac Automl Market Snapshot
Figure 41 Apac Automl Market, by Offering, $M (2015-2030)
Figure 42 Apac Automl Service Market, by Type, $M (2015-2030)
Figure 43 Apac Automl Market, by Deployment Type, $M (2015-2030)
Figure 44 Apac Automl Market, by Enterprise Size, $M (2015-2030)
Figure 45 Apac Automl Market, by Application, $M (2015-2030)
Figure 46 Apac Automl Market, by Industry, $M (2015-2030)
Figure 47 Apac Automl Market, by Country, $M (2015-2030)
Figure 48 Mea Automl Market Snapshot
Figure 49 Mea Automl Market, by Offering, $M (2015-2030)
Figure 50 Mea Automl Service Market, by Type, $M (2015-2030)
Figure 51 Mea Automl Market, by Deployment Type, $M (2015-2030)
Figure 52 Mea Automl Market, by Enterprise Size, $M (2015-2030)
Figure 53 Mea Automl Market, by Application, $M (2015-2030)
Figure 54 Mea Automl Market, by Industry, $M (2015-2030)
Figure 55 Mea Automl Market, by Country, $M (2015-2030)
Figure 56 Latam Automl Market Snapshot
Figure 57 Latam Automl Market, by Offering, $M (2015-2030)
Figure 58 Latam Automl Service Market, by Type, $M (2015-2030)
Figure 59 Latam Automl Market, by Deployment Type, $M (2015-2030)
Figure 60 Latam Automl Market, by Enterprise Size, $M (2015-2030)
Figure 61 Latam Automl Market, by Application, $M (2015-2030)
Figure 62 Latam Automl Market, by Industry, $M (2015-2030)
Figure 63 Latam Automl Market, by Country, $M (2015-2030)
Figure 64 Global Automl Market Players’ Ranking (2020)
Figure 65 Recent Activities of Major Players
Figure 66 Revenue Split by Geography (2020)
Figure 67 Microsoft Corporation - Revenue Split by Segment and Geography (2021)
  • DataRobot Inc.
  • H2O.ai Inc.
  • dotData Inc.
  • EdgeVerve Systems Limited
  • Amazon Web Services Inc.
  • Squark
  • Big Squid Inc.
  • SAS Institute Inc.
  • Microsoft Corporation
  • Determined.ai Inc.

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