PUBLISHER: TechNavio | PRODUCT CODE: 1915689
PUBLISHER: TechNavio | PRODUCT CODE: 1915689
The global cloud machine learning market is forecasted to grow by USD 51444.6 mn during 2024-2029, accelerating at a CAGR of 36.7% during the forecast period. The report on the global cloud machine learning 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 escalating volume and complexity of data, increasing demand for ai-powered applications and automation, compelling cost-effectiveness and scalability of cloud platforms.
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.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 32.1% |
| CAGR | 36.7% |
| Incremental Value | $51444.6 mn |
Technavio's global cloud machine learning market is segmented as below:
By Component
By Deployment
By Application
Geography
This study identifies the pervasive integration of generative artificial intelligence as one of the prime reasons driving the global cloud machine learning market growth during the next few years. Also, ascendancy of machine learning operations and convergence of cloud and edge computing for AI applications will lead to sizable demand in the market.
The report on the global cloud machine learning 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 global cloud machine learning market vendors that include Alibaba Group Holding Ltd., Amazon Web Services Inc., Anaconda Inc., Baidu Inc., Cisco Systems Inc., Cloudera Inc., DataRobot Inc., Dell Technologies Inc., Google LLC, Hewlett Packard, IBM Corp., Microsoft Corp., NVIDIA Corp., Open Text Corp., Oracle Corp., Salesforce Inc., SAP SE, Snowflake Inc., Tencent Holdings Ltd., Teradata Corp.. Also, the global cloud machine learning 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.