The revenue generated by the machine learning market in Spain was forecast to continuously increase between 2024 and 2030 by a total of six billion euros, or around 530 percent. After the sixth consecutive increasing year, the indicator is estimated to reach seven billion euros and therefore a new peak in 2030.
Revenue of the machine learning market in Spain from 2020 to 2030
(in billion euros)
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. (March 1, 2024). Revenue of the machine learning market in Spain from 2020 to 2030 (in billion euros) [Graph]. In Statista. Retrieved September 27, 2024, from https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain
Statista. "Revenue of the machine learning market in Spain from 2020 to 2030 (in billion euros)." Chart. March 1, 2024. Statista. Accessed September 27, 2024. https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain
Statista. (2024). Revenue of the machine learning market in Spain from 2020 to 2030 (in billion euros). Statista. Statista Inc.. Accessed: September 27, 2024. https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain
Statista. "Revenue of The Machine Learning Market in Spain from 2020 to 2030 (in Billion Euros)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain
Statista, Revenue of the machine learning market in Spain from 2020 to 2030 (in billion euros) Statista, https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain (last visited September 27, 2024)
Revenue of the machine learning market in Spain from 2020 to 2030 (in billion euros) [Graph], Statista, March 1, 2024. [Online]. Available: https://www.statista.com/forecasts/1491455/machine-learning-market-size-spain
