Machine Learning Market Segmented On The Basis Of Component, Enterprise Size, End Use, Region And Forecast To 2025
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San Francisco, 30 Oct 2020: The Report Machine Learning Market Size, Share & Trends Analysis Report By Component, By Enterprise Size, By End Use (Healthcare, BFSI, Law, Retail, Advertising & Media), And Segment Forecasts, 2019 - 2025 The global machine learning market size is expected to reach USD 96.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 43.8% from 2019 to 2025. Production of massive amounts of data has increased the adoption of technologies that can provide a smart analysis of that data. Technologies such as Machine Learning (ML) are being rapidly adopted across various applications in order to automatically detect meaningful patterns within a data set. Software based on ML algorithms, such as search engines, anti-spam software, and fraud detection software, are being increasingly used, thereby contributing to market growth. The rapid emergence of ML technology has increased its adoption