This statistic denotes the global market size across several regions including APAC, Europe, MEA, North America, and South America. The machine learning market size was estimated to be at USD 11.16 bn in 2020-2024.
The size of the global machine learning market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corp., Microsoft Corp., Salesforce.com Inc., SAP SE, and SAS Institute Inc.
