The future of the global machine learning technology in the global artificial intelligence market looks promising with opportunities in the healthcare, BFSI, law, retail, advertising & media, automotive & transportation, agriculture, and manufacturing end use industries. The machine learning technology in the global artificial intelligence market is expected to reach an estimated $22.5 billion by 2028 with a CAGR of 26.2% from 2023 to 2028. The major drivers for this market are increasing adoption of generative adversarial networks (GAN), growing demand for advanced robotic systems across various end use industries, and rising penetration of IOT and automation across the globe.
The study includes trends and forecast for machine learning technology in the global artificial intelligence market by component, organization size, deployment, end use industry, and region, as follows:
Within this market, BFSI segment is expected to remain the largest end use segment during the forecast period due to increasing usage of machine learning in algorithmic trading, portfolio management, loan underwriting, and fraud detection application as it helps in continuous assessment of data and contributes in improving the accuracy of financial models and rules.
North America will remain the largest region during the forecast period due to increasing investments in advanced technologies, such as artificial intelligence, cloud computing, and other software services, in countries, like US and Canada.
Answer: The machine learning technology in the global artificial intelligence market is expected to reach an estimated $22.5 billion by 2028.
Q2. What is the growth forecast for machine learning technology in artificial intelligence market?
Answer: The machine learning technology in the global artificial intelligence market is expected to grow with a CAGR of 26.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the machine learning technology in artificial intelligence market?
Answer: The major drivers for this market are increasing adoption of generative adversarial networks (GAN), growing demand for advanced robotic systems across various end use industries, and rising penetration of IOT and automation across the globe.
Q4. What are the major segments for machine learning technology in artificial intelligence market?
Answer: The future of machine learning technology in the global artificial intelligence market looks promising with opportunities in the healthcare, BFSI, law, retail, advertising & media, automotive & transportation, agriculture, and manufacturing end use industries.
Q5. Who are the key machine learning technology companies in the artificial intelligence market?
Answer: Some of the key machine learning technology companies in the artificial intelligence market is as follows:
Answer: The analyst forecasts that large enterprises will remain the larger segment over the forecast period due to increasing adoption of technologies, such as artificial intelligence and data science, to inject predictive insights into business operations.
Q7. In machine learning technology in artificial intelligence market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to increasing investments in advanced technologies, such as artificial intelligence, cloud computing, and other software services, in countries, like US and Canada.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?
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Machine Learning Technology in Artificial Intelligence Market
A more than 150-page report is developed to help in your business decisions.The study includes trends and forecast for machine learning technology in the global artificial intelligence market by component, organization size, deployment, end use industry, and region, as follows:
Machine Learning Technology in Artificial Intelligence Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
- Solutions
- Services
Machine Learning Technology in Artificial Intelligence Market by Organization Size [Value ($B) Shipment Analysis from 2017 to 2028]:
- SMEs
- Large Enterprises
Machine Learning Technology in Artificial Intelligence Market by Deployment [Value ($B) Shipment Analysis from 2017 to 2028]:
- On-Premises
- Cloud
Machine Learning Technology in Artificial Intelligence Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- Healthcare
- BFSI
- Law
- Retail
- Advertising & Media
- Automotive & Transportation
- Agriculture
- Manufacturing
- Others
Machine Learning Technology in Artificial Intelligence Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Machine Learning Technology Companies in Artificial Intelligence Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, machine learning technology companies in artificial intelligence market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the machine learning technology companies in the global artificial intelligence market profiled in this report include-- Oracle
- IBM
- Amazon Web Services
- Microsoft Corporation
- SAP SE
- Baidu
- Intel Corporation
- Hewlett Packard Enterprise Development LP
- Dell
Machine Learning Technology in Artificial Intelligence Market Insights
The analyst forecasts that large enterprises will remain the larger segment over the forecast period due to increasing adoption of technologies, such as artificial intelligence and data science, to inject predictive insights into business operations.Within this market, BFSI segment is expected to remain the largest end use segment during the forecast period due to increasing usage of machine learning in algorithmic trading, portfolio management, loan underwriting, and fraud detection application as it helps in continuous assessment of data and contributes in improving the accuracy of financial models and rules.
North America will remain the largest region during the forecast period due to increasing investments in advanced technologies, such as artificial intelligence, cloud computing, and other software services, in countries, like US and Canada.
Features of the Machine Learning Technology in Artificial Intelligence Market
- Market Size Estimates: Machine learning technology in the global artificial intelligence market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Machine learning technology in the global artificial intelligence market size by various segments, such as by component, organization size, deployment, end use industry, and region
- Regional Analysis:Machine learning technology in the global artificial intelligence market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different components, organization sizes, deployments, end use industries, and regions for the machine learning technology in the global artificial intelligence market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the machine learning technology in artificial intelligence market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the machine learning technology in artificial intelligence market size?Answer: The machine learning technology in the global artificial intelligence market is expected to reach an estimated $22.5 billion by 2028.
Q2. What is the growth forecast for machine learning technology in artificial intelligence market?
Answer: The machine learning technology in the global artificial intelligence market is expected to grow with a CAGR of 26.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the machine learning technology in artificial intelligence market?
Answer: The major drivers for this market are increasing adoption of generative adversarial networks (GAN), growing demand for advanced robotic systems across various end use industries, and rising penetration of IOT and automation across the globe.
Q4. What are the major segments for machine learning technology in artificial intelligence market?
Answer: The future of machine learning technology in the global artificial intelligence market looks promising with opportunities in the healthcare, BFSI, law, retail, advertising & media, automotive & transportation, agriculture, and manufacturing end use industries.
Q5. Who are the key machine learning technology companies in the artificial intelligence market?
Answer: Some of the key machine learning technology companies in the artificial intelligence market is as follows:
- Oracle
- IBM
- Amazon Web Services
- Microsoft Corporation
- SAP SE
- Baidu
- Intel Corporation
- Hewlett Packard Enterprise Development LP
- Dell
Answer: The analyst forecasts that large enterprises will remain the larger segment over the forecast period due to increasing adoption of technologies, such as artificial intelligence and data science, to inject predictive insights into business operations.
Q7. In machine learning technology in artificial intelligence market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to increasing investments in advanced technologies, such as artificial intelligence, cloud computing, and other software services, in countries, like US and Canada.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the global machine learning technology in artificial intelligence market by component (solutions and services), organization size (SMEs and large enterprises), deployment (on-premises and cloud), end use industry (healthcare, BFSI, law, retail, advertising & media, automotive & transportation, agriculture, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Machine Learning Technology in the Global Artificial Intelligence Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2017 to 2028
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Oracle
- IBM
- Amazon Web Services
- Microsoft Corporation
- SAP SE
- Baidu
- Intel Corporation
- Hewlett Packard Enterprise Development LP
- Dell
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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