The Latin America, Middle East and Africa Automated Machine Learning Market would witness market growth of 50.2% CAGR during the forecast period (2023-2029).
Numerous businesses have actively automated some business operations by fusing automated machine learning with feature engineering. In order to give pertinent information about the company and the industry it serves, the solution also aids in dismantling massive data silos. As a result, making better business decisions can assure successful outcomes with the correct knowledge at hand. The best possible use of machine learning is facilitated for businesses. Only if they are handled accurately can large data sets be relevant to a business. Every piece of data needs to be meticulously collected, cleansed, upgraded, and made analysis-ready to yield superior insights.
By using AutoML, organizations of all shapes and sizes may utilize machine learning to its fullest potential. According to data scientists' projections, organizations will be able to manage the majority of the data-cleaning process with the help of AutoML in the future. With each passing day, the solution will improve and help the data-driven sector manage its essential operations smoothly and effectively. Furthermore, regardless of the industry the business operates in, AutoML is the methodology that is required to extract and manage priceless resources.
The oil-rich Gulf States are aggressively working to diversify their economies throughout the Middle East and Africa by utilizing artificial intelligence and machine learning. The majority of Gulf nations, constantly seeking to develop new technologies, have acknowledged the significance of modern technology. The United Arab Emirates leads the Arab region regarding technical innovation and acceptance. Additionally, initiatives related to smart cities and autonomous mobility are what is driving demand for AI and ML expertise in the region. Brazil and Uruguay are two Latin American nations implementing new programs and regulations to promote the adoption of sophisticated technologies in the region.
The Brazil market dominated the LAMEA Automated Machine Learning Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $183.5 million by 2029. The Argentina market is experiencing a CAGR of 51% during (2023 - 2029). Additionally, The UAE market would witness a CAGR of 49.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 7 LAMEA Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 8 LAMEA Data Processing Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Data Processing Market by Country, 2023 - 2029, USD Million
TABLE 10 LAMEA Feature Engineering Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Feature Engineering Market by Country, 2023 - 2029, USD Million
TABLE 12 LAMEA Model Selection Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Model Selection Market by Country, 2023 - 2029, USD Million
TABLE 14 LAMEA Hyperparameter Optimization & Tuning Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Hyperparameter Optimization & Tuning Market by Country, 2023 - 2029, USD Million
TABLE 16 LAMEA Model Ensembling Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Model Ensembling Market by Country, 2023 - 2029, USD Million
TABLE 18 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 20 LAMEA Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 21 LAMEA Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 22 LAMEA Solution Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Solution Market by Country, 2023 - 2029, USD Million
TABLE 24 LAMEA Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 25 LAMEA Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 26 LAMEA Platform Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Platform Market by Country, 2023 - 2029, USD Million
TABLE 28 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Software Market by Country, 2023 - 2029, USD Million
TABLE 30 LAMEA Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 31 LAMEA Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 32 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Cloud Market by Country, 2023 - 2029, USD Million
TABLE 34 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA On-premise Market by Country, 2023 - 2029, USD Million
TABLE 36 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Services Market by Country, 2023 - 2029, USD Million
TABLE 38 LAMEA Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 39 LAMEA Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 40 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA BFSI Market by Country, 2023 - 2029, USD Million
TABLE 42 LAMEA IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA IT & Telecom Market by Country, 2023 - 2029, USD Million
TABLE 44 LAMEA Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 45 LAMEA Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 46 LAMEA Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 47 LAMEA Media & Entertainment Market by Country, 2023 - 2029, USD Million
TABLE 48 LAMEA Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 49 LAMEA Healthcare & Life Sciences Market by Country, 2023 - 2029, USD Million
TABLE 50 LAMEA Government & Defense Market by Country, 2019 - 2022, USD Million
TABLE 51 LAMEA Government & Defense Market by Country, 2023 - 2029, USD Million
TABLE 52 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 53 LAMEA Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 54 LAMEA Automotive, Transportations, & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 55 LAMEA Automotive, Transportations, & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 56 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 57 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 58 LAMEA Automated Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 59 LAMEA Automated Machine Learning Market by Country, 2023 - 2029, USD Million
TABLE 60 Brazil Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 61 Brazil Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 62 Brazil Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 63 Brazil Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 64 Brazil Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 65 Brazil Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 66 Brazil Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 67 Brazil Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 68 Brazil Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 69 Brazil Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 70 Brazil Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 71 Brazil Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 72 Argentina Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 73 Argentina Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 74 Argentina Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 75 Argentina Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 76 Argentina Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 77 Argentina Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 78 Argentina Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 79 Argentina Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 80 Argentina Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 81 Argentina Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 82 Argentina Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 83 Argentina Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 84 UAE Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 85 UAE Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 86 UAE Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 87 UAE Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 88 UAE Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 89 UAE Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 90 UAE Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 91 UAE Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 92 UAE Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 93 UAE Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 94 UAE Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 95 UAE Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 96 Saudi Arabia Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 97 Saudi Arabia Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 98 Saudi Arabia Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 99 Saudi Arabia Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 100 Saudi Arabia Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 101 Saudi Arabia Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 102 Saudi Arabia Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 103 Saudi Arabia Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 104 Saudi Arabia Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 105 Saudi Arabia Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 106 Saudi Arabia Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 107 Saudi Arabia Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 108 South Africa Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 109 South Africa Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 110 South Africa Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 111 South Africa Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 112 South Africa Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 113 South Africa Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 114 South Africa Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 115 South Africa Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 116 South Africa Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 117 South Africa Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 118 South Africa Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 119 South Africa Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 120 Nigeria Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 121 Nigeria Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 122 Nigeria Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 123 Nigeria Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 124 Nigeria Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 125 Nigeria Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 126 Nigeria Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 127 Nigeria Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 128 Nigeria Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 129 Nigeria Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 130 Nigeria Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 131 Nigeria Automated Machine Learning Market by Vertical, 2023 - 2029, USD Million
TABLE 132 Rest of LAMEA Automated Machine Learning Market, 2019 - 2022, USD Million
TABLE 133 Rest of LAMEA Automated Machine Learning Market, 2023 - 2029, USD Million
TABLE 134 Rest of LAMEA Automated Machine Learning Market by Application, 2019 - 2022, USD Million
TABLE 135 Rest of LAMEA Automated Machine Learning Market by Application, 2023 - 2029, USD Million
TABLE 136 Rest of LAMEA Automated Machine Learning Market by Offering, 2019 - 2022, USD Million
TABLE 137 Rest of LAMEA Automated Machine Learning Market by Offering, 2023 - 2029, USD Million
TABLE 138 Rest of LAMEA Automated Machine Learning Market by Solution Type, 2019 - 2022, USD Million
TABLE 139 Rest of LAMEA Automated Machine Learning Market by Solution Type, 2023 - 2029, USD Million
TABLE 140 Rest of LAMEA Automated Machine Learning Market by Solution Deployment, 2019 - 2022, USD Million
TABLE 141 Rest of LAMEA Automated Machine Learning Market by Solution Deployment, 2023 - 2029, USD Million
TABLE 142 Rest of LAMEA Automated Machine Learning Market by Vertical, 2019 - 2022, USD Million
TABLE 143 Rest of LAMEA 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 LAMEA Automated Machine Learning Market share by Application, 2022
FIG 7 LAMEA Automated Machine Learning Market share by Application, 2029
FIG 8 LAMEA Automated Machine Learning Market by Application, 2019 - 2029, USD Million
FIG 9 LAMEA Automated Machine Learning Market share by Offering, 2022
FIG 10 LAMEA Automated Machine Learning Market share by Offering, 2029
FIG 11 LAMEA Automated Machine Learning Market by Offering, 2019 - 2029, USD Million
FIG 12 LAMEA Automated Machine Learning Market share by Vertical, 2022
FIG 13 LAMEA Automated Machine Learning Market share by Vertical, 2029
FIG 14 LAMEA Automated Machine Learning Market by Vertical, 2019 - 2029, USD Million
FIG 15 LAMEA Automated Machine Learning Market share by Country, 2022
FIG 16 LAMEA Automated Machine Learning Market share by Country, 2029
FIG 17 LAMEA 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