The Europe Automated Machine Learning Market would witness market growth of 42.3% CAGR during the forecast period (2023-2029).
AutoML systems gather data from various internal (CRM databases) and external (social media & online data) sources about consumer behavior, firm size, and industry to analyze each lead and assign it a score. With the help of this score, one can tell if a lead is qualified for the business in the issue. In addition, the solution can provide reason codes for every lead, letting salespeople know the crucial aspects that make a lead worthwhile.
AutoML promises to make machine learning modeling accessible to people with little data science knowledge by streamlining and simplifying the process of developing and deploying machine learning models.
The difficult activities involved in machine learning include feature engineering, data preprocessing, hyperparameter tuning, model selection, and model deployment. By automating these processes, autoML systems enable users to construct machine learning models without considerable algorithmic or coding expertise. Because of several causes, the AutoML market has significantly expanded recently. First, there is a demand for streamlined and effective model-creation procedures due to the growing use of machine learning across various businesses. Businesses may use machine learning to their advantage using AutoML without hiring many data scientists.
Big data is used in the medical field to compute intricate statistics in large quantities and provide trends & patterns that are essential for applications in the healthcare sector. Big Data helps doctors identify potential issues before they arise. The use of Big Data by numerous companies has completely changed health care in Germany. These businesses work closely with health economists, statisticians, physicians, IT experts, and analysts to expand the body of information about optimal therapies that are based on evidence. Big Data in healthcare is responsible for managing this, and medical personnel can use it effectively with AI and ML. In light of this, the regional market is predicted to grow steadily in the upcoming years.
The Germany market dominated the Europe Automated Machine Learning Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $587 million by 2029. The UK market is anticipated to grow at a CAGR of 41.1% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 43.3% during (2023 - 2029).
Based on Application, the market is segmented into Data Processing, Feature Engineering, Model Selection, Hyperparameter Optimization & Tuning, Model Ensembling and Others. Based on Offering, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Platform and Software Based on Solution Deployment, the market is segmented into Cloud and On-premise. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail & Ecommerce, Media & Entertainment, Healthcare & Life Sciences, Government & Defense, Manufacturing, Automotive, Transportations, & Logistics, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Automated Machine Learning Market is Projected to reach USD 9.1 Billion by 2029, at a CAGR of 42.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, IBM Corporation, Microsoft Corporation, Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), Salesforce, Inc., Hewlett-Packard enterprise Company, Teradata Corporation, Alibaba Cloud (Alibaba Group Holding Limited) and Databricks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Data Processing
- Feature Engineering
- Model Selection
- Hyperparameter Optimization & Tuning
- Model Ensembling
- Others
By Offering
By Vertical
- BFSI
- IT & Telecom
- Retail & Ecommerce
- Media & Entertainment
- Healthcare & Life Sciences
- Government & Defense
- Manufacturing
- Automotive, Transportations, & Logistics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- IBM Corporation
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Salesforce, Inc.
- Hewlett-Packard enterprise Company
- Teradata Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Databricks, Inc.
TABLE 1 Europe Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 2 Europe Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automated Machine Learning Market
TABLE 4 Product Launches And Product Expansions– Automated Machine Learning Market
TABLE 5 Acquisition and Mergers– Automated Machine Learning Market
TABLE 6 Europe Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 7 Europe Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 8 Europe Data Processing Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Data Processing Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe Feature Engineering Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Feature Engineering Market by Country, 2023 - 2029, USD Million
TABLE 12 Europe Model Selection Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Model Selection Market by Country, 2023 - 2029, USD Million
TABLE 14 Europe Hyperparameter Optimization & Tuning Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Hyperparameter Optimization & Tuning Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Model Ensembling Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Model Ensembling Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 21 Europe Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 22 Europe Solution Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Solution Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 25 Europe Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 26 Europe Platform Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Platform Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Software Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 31 Europe Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 32 Europe Cloud Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Cloud Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe On-premise Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe On-premise Market by Country, 2023 - 2029, USD Million
TABLE 36 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Services Market by Country, 2023 - 2029, USD Million
TABLE 38 Europe Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 39 Europe Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 40 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe BFSI Market by Country, 2023 - 2029, USD Million
TABLE 42 Europe IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe IT & Telecom Market by Country, 2023 - 2029, USD Million
TABLE 44 Europe Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 46 Europe Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 47 Europe Media & Entertainment Market by Country, 2023 - 2029, USD Million
TABLE 48 Europe Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 49 Europe Healthcare & Life Sciences Market by Country, 2023 - 2029, USD Million
TABLE 50 Europe Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 51 Europe Government & Defense Market by Country, 2023 - 2029, USD Million
TABLE 52 Europe Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 53 Europe Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 54 Europe Automotive, Transportations, & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 55 Europe Automotive, Transportations, & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 56 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 57 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 58 Europe Automated Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 59 Europe Automated Machine Learning Market by Country, 2023 - 2029, USD Million
TABLE 60 Germany Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 61 Germany Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 62 Germany Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 63 Germany Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 64 Germany Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 65 Germany Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 66 Germany Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 67 Germany Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 68 Germany Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 69 Germany Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 70 Germany Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 71 Germany Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 72 UK Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 73 UK Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 74 UK Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 75 UK Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 76 UK Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 77 UK Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 78 UK Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 79 UK Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 80 UK Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 81 UK Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 82 UK Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 83 UK Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 84 France Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 85 France Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 86 France Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 87 France Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 88 France Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 89 France Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 90 France Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 91 France Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 92 France Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 93 France Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 94 France Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 95 France Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 96 Russia Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 97 Russia Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 98 Russia Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 99 Russia Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 100 Russia Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 101 Russia Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 102 Russia Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 103 Russia Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 104 Russia Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 105 Russia Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 106 Russia Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 107 Russia Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 108 Spain Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 109 Spain Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 110 Spain Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 111 Spain Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 112 Spain Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 113 Spain Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 114 Spain Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 115 Spain Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 116 Spain Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 117 Spain Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 118 Spain Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 119 Spain Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 120 Italy Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 121 Italy Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 122 Italy Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 123 Italy Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 124 Italy Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 125 Italy Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 126 Italy Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 127 Italy Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 128 Italy Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 129 Italy Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 130 Italy Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 131 Italy Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 132 Rest of Europe Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 133 Rest of Europe Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 134 Rest of Europe Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 135 Rest of Europe Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 136 Rest of Europe Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 137 Rest of Europe Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 138 Rest of Europe Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 139 Rest of Europe Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 140 Rest of Europe Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 141 Rest of Europe Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 142 Rest of Europe Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 143 Rest of Europe Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 144 Key Information – Oracle Corporation
TABLE 145 Key information – IBM Corporation
TABLE 146 key information – Microsoft Corporation
TABLE 147 Key Information – Google LLC
TABLE 148 Key Information – Amazon Web Services, Inc.
TABLE 149 Key Information – Salesforce, Inc.
TABLE 150 key information – Hewlett Packard Enterprise Company
TABLE 151 Key Information – Teradata Corporation
TABLE 152 Key Information – Alibaba Cloud
TABLE 153 Key Information – Databricks, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2021, Jun – 2023, May) Leading Players
FIG 6 Europe Automated Machine Learning Market share by Application, 2022
FIG 7 Europe Automated Machine Learning Market share by Application, 2029
FIG 8 Europe Automated Machine Learning Market by Application, 2019 - 2029, USD Million
FIG 9 Europe Automated Machine Learning Market share by Offering, 2022
FIG 10 Europe Automated Machine Learning Market share by Offering, 2029
FIG 11 Europe Automated Machine Learning Market by Offering, 2019 - 2029, USD Million
FIG 12 Europe Automated Machine Learning Market share by Vertical, 2022
FIG 13 Europe Automated Machine Learning Market share by Vertical, 2029
FIG 14 Europe Automated Machine Learning Market by Vertical, 2019 - 2029, USD Million
FIG 15 Europe Automated Machine Learning Market share by Country, 2022
FIG 16 Europe Automated Machine Learning Market share by Country, 2029
FIG 17 Europe Automated Machine Learning Market by Country, 2019 - 2029, USD Million
FIG 18 Recent strategies and developments: Oracle Corporation
FIG 19 SWOT analysis: Oracle Corporation
FIG 20 Swot analysis: IBM Corporation
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 Recent strategies and developments: Google LLC
FIG 23 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 24 SWOT analysis: Amazon.com, Inc.
FIG 25 Recent strategies and developments: Salesforce, Inc.
FIG 26 SWOT Analysis: Salesforce.com, Inc.
FIG 27 SWOT analysis: Hewlett-Packard enterprise Company
FIG 28 SWOT Analysis: Teradata Corporation