PUBLISHER: TechNavio | PRODUCT CODE: 1769544
PUBLISHER: TechNavio | PRODUCT CODE: 1769544
The automl market is forecasted to grow by USD 13,531.2 mn during 2024-2029, accelerating at a CAGR of 44.8% during the forecast period. The report on the automl market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing democratization of ai amid persistent data science talent shortage, growing imperative for operational efficiency and intelligent business process automation, and proliferation of generative ai and subsequent demand for automated model development and governance.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 32.1% |
CAGR | 44.8% |
Incremental Value | $13,531.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automl market is segmented as below:
By Type
By Deployment
By Application
By Sector
By End-user
By Geographical Landscape
This study identifies the fusion of predictive automl with generative ai lifecycle automation as one of the prime reasons driving the automl market growth during the next few years. Also, platformization of ai embedding automl into end-to-end machine learning operations workflows and responsible ai by design from optional feature to core architectural requirement will lead to sizable demand in the market.
The report on the automl market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automl market vendors that include Akkio Inc., Alibaba Cloud, Altair Engineering Inc., Alteryx Inc., Amazon Web Services Inc., BigML Inc., Databricks Inc., Dataiku Inc., DataRobot Inc., dotData, Google LLC, H2O.ai Inc., International Business Machines Corp., Microsoft Corp., MLJAR, Oracle Corp., RapidMiner Inc., Salesforce Inc., TAZI AI, and Teradata Corp.. Also, the automl market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: