How big is the Automated Machine Learning Market?

The Automated Machine Learning Market size is expected to reach USD 1.8 billion in 2024 and grow at a CAGR of 43.90% to reach USD 11.12 billion by 2029. Read More

What is the current Automated Machine Learning Market size?

In 2024, the Automated Machine Learning Market size is expected to reach USD 1.8 billion. Read More

Who are the key players in Automated Machine Learning Market?

Datarobot Inc., Amazon web services Inc., dotData Inc., IBM Corporation and Dataiku are the major companies operating in the Automated Machine Learning Market. Read More

Which is the fastest growing region in Automated Machine Learning Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automated Machine Learning Market?

In 2024, the North America accounts for the largest market share in Automated Machine Learning Market. Read More

What years does this Automated Machine Learning Market cover, and what was the market size in 2023?

In 2023, the Automated Machine Learning Market size was estimated at USD 1.01 billion. The report covers the Automated Machine Learning Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automated Machine Learning Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automated Machine Learning Market Share

Statistics for the 2023 & 2024 Automated Machine Learning market share, created by Mordor Intelligence™ Industry Reports. Automated Machine Learning share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automated Machine Learning Industry

The global automated machine learning market exhibits moderate fragmentation, with numerous players meeting market demands. The competition is driven by the influx of new entrants, prompting existing participants to devise strategies for expanding their customer base. This dynamic landscape also spurs innovation as existing market players strive to develop cutting-edge products. Notable market leaders include Datarobot Inc., Amazon Web Services Inc., dotData Inc., IBM Corporation, and Dataiku.

February 2024: Wipro Limited, a significant technology services and consulting corporation, announced the launch of Wipro Enterprise Artificial Intelligence (AI)-Ready Platform, a new service allowing clients to create enterprise-level, fully integrated, and customized AI environments. The Wipro Enterprise AI-Ready Platform leverages the IBM Watsonx AI and data platform, including watsonx.data, watsonx.ai, and watsonx. Governance and AI assistants offer clients an interoperable service that accelerates AI adoption. This unique service enhances operations with capabilities spanning tools, large language models (LLMs), streamlined processes, and strong governance. It also lays the foundation for future enterprise analytic solutions to be built on watsonx.data and AI.
May 2024: Snapchat announced a series of the latest augmented reality (AR) and machine learning (ML) tools developed to help brands and advertisers provide users with interactive experiences. The company had been investing in automation and ML to make it faster and easier for brands to create AR try-on assets.
September 2023: Fujitsu Limited and the Linux Foundation announced the launch of Fujitsu’s automated machine learning and AI fairness technologies as open-source software (OSS) ahead of the “Open Source Summit Europe 2023,” running in Bilbao, Spain, from September 2023. The two projects were expected to offer users access to software that automatically generates code for unique machine-learning models and a technology that addresses latent biases in training data.