Monday, June 29, 2020

Machine Learning Market Projected to Register 43.5% CAGR to 2030 - Intel, H2Oai, Amazon Web Services

A report "Machine Learning" has been recently published by Market Industry Reports (MIR). As per the report, the global machine learning market was estimated to be over ~US$ 2.7 billion in 2019. It is anticipated to grow at a CAGR of 43.5% from 2019 to 2030.

Major Key Players of the Machine Learning Market are:Intel, H2O.ai, Amazon Web Services, Hewlett Packard Enterprise Development LP, IBM, Google LLC, Microsoft, SAS Institute Inc., SAP SE, and BigML, Inc., among others.

There are various factors attributing to growth of the machine learning market including the availability of robust data sets and the adoption of machine learning techniques in modern applications such as self-driving cars, traffic alerts (Google Maps), product recommendations (Amazon), and transportation & commuting (Uber). Also, the adoption of machine learning across various industries, such as the finance industry, to minimize identity theft and detect fraud is adding to growth of the machine learning market.

Read More @ https://www.openpr.com/news/2051301/machine-learning-market-projected-to-register-43-5-cagr-to-2030 


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