Stratview Research delivers key insights on the Global Machine Learning Market. According to
Stratview Research, the market is segmented By Component (Hardware, Software,
Service), Enterprise Size (SMEs, Large Enterprises), End-Use (Healthcare, BFSI, Law, Retail,
Advertising & Media, Automotive & Transportation, Agriculture, Manufacturing, Others),
and Region [Brazil, Argentina, and Others]).
Market Insights
The report suggests that the overall Machine Learning Market was estimated to grow from USD
31.01 billion in 2022 to USD 276.58 billion by 2028 at a CAGR of over 44% during the forecast
period.
Market Segments' Analysis
Component Trends
The market has been classified into hardware, software, and service. Under these, the hardware
segment held a significant market share in 2022 owing to the rising adoption of hardware
optimized for machine learning.
Enterprise Size Trends
The market is bifurcated into SMEs and large enterprises. Large enterprises accounted for the
largest market share in 2022.
Regional Trends
Asia Pacific held the highest market share in 2022 and is projected to grow at a healthy CAGR
in the coming years. This is ascribed to the rising adoption of machine learning in developing
countries with a massive talent base, such as India and China.
Key Players
The following are some of the key players in the machine learning market:





H2o.AI (US)
Intel Corporation (US)
Microsoft Corporation (US)
SAS Institute Inc. (US)
SAP SE (Germany)
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers
to the following questions…
-
What is the global demand for machine learning market in terms of revenue?
Which are the prominent players in the market?
At what CAGR is the market projected to grow within the forecast period?
What are the driving factors fuelling the growth of the market?
Which region accounted for the largest share in the market?
How did the Covid19 impacted the market?
How long will it take to recover from the Covid impact?
Why Stratview Research?
-
Exhaustive qualitative and quantitative data
Uninterrupted post-sales support
Appropriate market trend and forecast analysis.
All-inclusive report
Decent price-performance ratio
Reliable data
Attractive market segments and associated growth opportunities.
Customised report services
About Us –
Stratview Research is a leading global market research firm providing expert research solutions,
trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by
extensive market research and in-depth industry knowledge. The broad spectrum of integrated
insights is referred to, and cited by press releases, interview with key players, white papers,
journals, etc. Stratview research also offers custom research services across the sectors. In case of
any custom research requirement related to market assessment, competitive benchmarking,
sourcing and procurement, target screening, and others, please connect with our team.
Get in touch with us for more details –
Call: +1-313-307-4176 Or Mail Us: sales@stratviewresearch.com