Reinforcement Learning Market Size

Reinforcement Learning Market size was valued at USD 31.83 Billion in 2023 and is anticipated to exceed USD 22.7 Trillion by the end of 2036, expanding at over 65.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of reinforcement learning is evaluated at USD 50.68 Billion. Emergence of retailers and e-commerce merchants is the primary driver for this market. The need for tailored communications and promotions in line with customer purchasing habits has become an absolute necessity. Personalization is the key to providing customers with relevant shopping experiences that enable them to retain their loyalty. By allowing e-Retailers to learn and analyze customer behavior and tailor products and services to the customer’s interests, reinforcement learning algorithms are proving their worth.

In the trading market reinforcement learning accounts for 77% of the reinforcement learning market share AI start-ups are accelerating, owing to its robust tools for the optimization of financial objectives of training systems and also for evaluating and generating trading strategies.