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BRICS AI Machine Learning Market Size | 2019-2032

BRICS AI Machine Learning Market Size and Forecast by Technology, Deployment Model, Industry, Organization Size, Application, Example, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: AI42465  | Publication: June 2024  |  US$925  |  

BRICS AI Machine Learning Market Growth and Performance

BRICS AI Machine Learning Market

  • The AI machine learning market size in BRICS increased to US$ 7.62 Billion in 2023, with a year-on-year growth rate of 34.0%.
  • By the end of 2032, the BRICS AI machine learning market is on track to achieve US$ 177.41 Billion, with a forecasted Compound Annual Growth Rate (CAGR) of 42.3% throughout the forecast period.
  • The supervised learning segment is estimated to hold the largest market share of 43.8% and be valued at US$ 77.72 Billion in 2032.
  • In 2032, 69.5% of the total spending in the BRICS AI machine learning market is forecasted to come from China.

BRICS AI Machine Learning Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Technology

Supervised Learning

Unsupervised Learning

Reinforcement Learning

Deep Learning

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

Application

Predictive Analytics

AI Computer Vision

Natural Language Processing (NLP)

Recommendation Systems

 

BRICS Machine  Learning Industry: Regional Coverage

 

Countries

BRICS

Brazil

Russia

India

China

South Africa
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