Machine Learning Market Share

North American Market Forecast

The machine learning market in the North America region is expected to account for a share of 35% by 2037. North America is expected to be the leading market in machine learning, owing to its increasing application of advanced technologies such as artificial intelligence and big data analytics. The North American big data analytics sector is set to reach USD 169.91 billion by 2028. The US is home to a number of the biggest technology firms, such as Google, Microsoft, and IBM, which are making significant investments in machine learning. In addition, it is expected that market expansion will be further accelerated by the presence of many new companies in this area.

APAC Market Statistics

In the Asia Pacific machine learning market is expected to grow substantially during the projection period. In particular, due to growing demand in emerging countries like China and India for machine learning solutions, the region's market continues to grow. In these countries, there is substantial growth in the use of technology and digitalization that will lead to increased demand for machine learning solutions.