North America Machine Learning Market Size | 2019-2032

North America Machine Learning Market Size and Forecast by Technology, Deployment Model, Industry, Organization Size, Application, and Country: 2019-2032

Avalibale Format*:   Pivot  |  ReportID: AI42406  |  Coverage: REGIONAL | Type: DataBook
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: June 2024   

North America Machine Learning Market Growth and Performance

North America Machine Learning Market


  • In 2023, the machine learning market size in North America hit US$ 15.35 Billion, representing a 29.4% year-on-year growth.
  • Among the various segments, the supervised learning segment dominated with a market value of US$ 5.72 Billion in the same year.
  • Regionally, it was noteworthy that the machine learning market in the United States led in terms of revenue generation, with a considerable amount of US$ 13.82 Billion in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the North American machine learning industry in 2023.

North America 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

Computer Vision

Natural Language Processing (NLP)

Recommendation Systems

 

North America Machine Learning Industry: Regional Coverage

 

Countries

North America

US

Canada

Mexico

 

 

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