PUBLISHER: TechNavio | PRODUCT CODE: 1915694
PUBLISHER: TechNavio | PRODUCT CODE: 1915694
The global machine learning (ml) platforms market is forecasted to grow by USD 37859.3 mn during 2024-2029, accelerating at a CAGR of 25.1% during the forecast period. The report on the global machine learning (ml) platforms 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, democratization of artificial intelligence through cloud computing, increasing business integration and clear return on investment .
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 | 21.9% |
| CAGR | 25.1% |
| Incremental Value | $37859.3 mn |
Technavio's global machine learning (ml) platforms market is segmented as below:
By Deployment
By Application
By End-User
Geography
This study identifies the mainstream adoption of mlops as one of the prime reasons driving the global machine learning (ml) platforms market growth during the next few years. Also, integration of generative AI and large language models and increasing focus on responsible AI and explainability will lead to sizable demand in the market.
The report on the global machine learning (ml) platforms 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 machine learning (ml) platforms market vendors that include Altair Engineering Inc., Alteryx Inc., Amazon Web Services Inc., Anaconda Inc., Baidu Inc., Databricks Inc., DataRobot Inc., Google LLC, H2O.ai Inc., Hugging Face, Intel Corp., IBM Corp., KNIME AG, Microsoft Corp., NVIDIA Corp., Oracle Corp., SAP SE, SAS Institute Inc., The MathWorks Inc., TIBCO Software Inc.. Also, the global machine learning (ml) platforms 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.