The size of the machine learning segment of artificial intelligence (AI) in the United Kingdom is expected to stand at nearly two billion GBP by the end of 2024. The market is then expected to nearly quintuple in size, reaching over ten billion GBP by the end of the decade in 2030.
Size of the machine learning market in the United Kingdom from 2020 to 2030
(in billion British pound)
Data provided by Statista Market Insights are estimates.
Definition: Machine learning is a branch of artificial intelligence that involves the use of algorithms and statistical models to enable computer systems to learn from data and improve their performance on a task. It has a wide range of applications, including image and speech recognition, natural language processing, and predictive analytics. The Machine Learning market includes software platforms, tools, and services that enable organizations to develop and deploy machine learning applications.
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Statista. (April 15, 2024). Size of the machine learning market in the United Kingdom from 2020 to 2030 (in billion British pound) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk
Statista. "Size of the machine learning market in the United Kingdom from 2020 to 2030 (in billion British pound)." Chart. April 15, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk
Statista. (2024). Size of the machine learning market in the United Kingdom from 2020 to 2030 (in billion British pound). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk
Statista. "Size of The Machine Learning Market in The United Kingdom from 2020 to 2030 (in Billion British Pound)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk
Statista, Size of the machine learning market in the United Kingdom from 2020 to 2030 (in billion British pound) Statista, https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk (last visited November 21, 2024)
Size of the machine learning market in the United Kingdom from 2020 to 2030 (in billion British pound) [Graph], Statista, April 15, 2024. [Online]. Available: https://www.statista.com/forecasts/1461543/machine-learning-market-size-uk
