Machine learning market growth UK 2030

The machine learning market in the UK is expected to grow by nearly 56 percent by the end of 2024. This staggering growth rate can be attributed in large part to the national focus that the UK government has placed on this new technology. The market will continue growing strongly through the decade until 2030, though slowing down slightly in the coming years.

Machine learning market growth in the United Kingdom from 2021 to 2030

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Supplementary notes

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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