Survey: focus on the global machine learning market for the period 2020-2027 - Actu IA

Verified Market Research, an agency specializing in market research, has published its survey on the machine learning market as well as its deployment by companies. A market valued at $2.4 billion in 2019 and expected to reach $47.3 billion by the year 2027, growing at a CAGR of 44.9% between 2020 and 2017. This document provides a holistic assessment of the industry with a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, as well as predominant factors. Technological advancement is the major driver of the global machine learning market. This sector along with AI is the new focus area for IT and development organizations.