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Europe AI Machine Learning Market Size | 2019-2032

Europe 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: AI42463  | Publication: June 2024  |  US$925  |  

Europe AI Machine Learning Market Growth and Performance

Europe AI Machine Learning Market

  • In 2023, the Europe AI machine learning market was valued at US$ 8.79 Billion, reflecting a year-on-year growth rate of 25.9%.
  • By the end of 2032, the Europe AI machine learning market size is forecast to reach US$ 86.59 Billion, registering a CAGR of 29.0% during the forecast period.
  • In 2032, the supervised learning segment is projected to experience a significant upsurge in market revenue, reaching US$ 43.16 Billion. This segment is likely to be the largest segment, with 50.0% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the AI machine learning market in Europe in 2023.

Europe 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

 

Europe Machine  Learning Industry: Regional Coverage

 

Countries

Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Russia

Poland

Rest of Europe
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