The market size in the 'Machine Learning' segment of the artificial intelligence market in the United States was forecast to continuously increase between 2024 and 2030 by in total 113.1 billion U.S. dollars (+535 percent). After the seventh consecutive increasing year, the market size is estimated to reach 134.21 billion U.S. dollars and therefore a new peak in 2030.
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.
Additional Information:
The Machine Learning market comprises two key performance indicators: market sizes, and market sizes by industry. Market sizes are generated by the funding amount of Artificial Intelligence (AI) companies. Key players of the market include companies such as Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure.
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Statista. (April 11, 2024). Size of the machine learning (ML) market in the United States from 2020 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states
Statista. "Size of the machine learning (ML) market in the United States from 2020 to 2030 (in billion U.S. dollars)." Chart. April 11, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states
Statista. (2024). Size of the machine learning (ML) market in the United States from 2020 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states
Statista. "Size of The Machine Learning (Ml) Market in The United States from 2020 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states
Statista, Size of the machine learning (ML) market in the United States from 2020 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states (last visited December 19, 2024)
Size of the machine learning (ML) market in the United States from 2020 to 2030 (in billion U.S. dollars) [Graph], Statista, April 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1449876/machine-learning-market-size-united-states
