Market size of machine learning industry in China 2019-2026, by segment
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As of 2020, the scale of the machine learning industry in China reached roughly 170 billion yuan and was projected to grow at an average compound annual rate of 20 percent during the observed period, amounting to around 512 billion yuan in 2026. In 2020, machine learning core products and services would form a market of nearly 22 billion yuan and, in the meantime, drive the peripheral industries to exceed 147 billion yuan.
