LAMEA Machine Learning Market Size, Share & Industry Trends Analysis Report By Enterprise Size (Large Enterprises, and SMEs), By Component (Services, Software, and Hardware), By End-use, By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Machine Learning Market would witness market growth of 40.1% CAGR during the forecast period (2023-2030).

One of the beneficial uses of machine learning is forecasting renewable energy sources and projections of electricity production. Since the primary renewable energy sources, namely wind, and solar, are changeable in nature and are reliant on outside influences, forecasting has become essential in the energy and utilities sector. The model for promoting the use of renewable energy is Germany. Wind speed and solar radiation intensity, however, are consistently inconsistent. In order to preserve the balance between energy supply and demand, machine learning businesses offer their software and services to energy and utility firms.

Retailers are using machine learning (ML) models to comprehend and analyze consumer behavior data gathered from various trends, demographics, and preferences more effectively. In the retail sector, personalized experiences are gaining importance. Using historical data, ML models can predict which products should be recommended to clients. The eCommerce industry's explosive growth is a significant force behind the rise of the market. Retailers may study customers' digital activity patterns to enhance the buying process.

Companies in the IT & telecom industry are paying attention to real-time insights enabled by ML and AI. The market is also expanding because of IoT (Internet of Things) and 5G technology. Telecom businesses use ML algorithms to monitor data pouring from various network interfaces.

By leveraging artificial intelligence and machine learning, the oil-rich Gulf States actively strive to diversify their economies throughout the Middle East and Africa. Most Gulf countries recognize the value of contemporary technology and are always working to create new technologies. Regarding technological advancement and acceptability, the United Arab Emirates is at the top of the Arab world. Smart cities and autonomous transportation projects also drive the need for AI and ML skills in the area. In order to encourage the use of advanced technology in the area, Brazil and Uruguay are two Latin American countries that are putting new policies into place. The area is thus predicted to provide novel, alluring development potential.

The Brazil market dominated the LAMEA Machine Learning Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,809.2 million by 2030. The Argentina market is estimated to witness a CAGR of 40.9% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 39.8% during (2023 - 2030).

Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Component, the market is segmented into Services, Software, and Hardware. Based on End-use, the market is segmented into Advertising & Media, BFSI, Automotive & Transportation, Manufacturing, Agriculture, Retail, Healthcare, 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 Machine Learning Market is Projected to reach USD 408.4 Billion by 2030, at a CAGR of 36.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Baidu, Inc., Google LLC (Alphabet Inc.), H2O.ai, Inc., Hewlett-Packard enterprise Company (HP Development Company L.P.), Intel Corporation, IBM Corporation, Microsoft Corporation, SAS Institute, Inc., SAP SE

Scope of the Study

Market Segments Covered in the Report:

By Enterprise Size

• Large Enterprises
• SMEs

By Component

• Services
• Software
• Hardware

By End-use

• Advertising & Media
• BFSI
• Automotive & Transportation
• Manufacturing
• Agriculture
• Retail
• Healthcare
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Baidu, Inc.
• Google LLC (Alphabet Inc.)
• H2O.ai, Inc.
• Hewlett-Packard enterprise Company (HP Development Company L.P.)
• Intel Corporation
• IBM Corporation
• Microsoft Corporation
• SAS Institute, Inc.
• SAP SE

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Machine Learning Market, by Enterprise Size
1.4.2 LAMEA Machine Learning Market, by Component
1.4.3 LAMEA Machine Learning Market, by End-use
1.4.4 LAMEA Machine Learning Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2021
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Jun) Leading Players
4.5 Porter’s Five Forces Analysis

Chapter 5. LAMEA Machine Learning Market by Enterprise Size
5.1 LAMEA Large Enterprises Market by Country
5.2 LAMEA SMEs Market by Country

Chapter 6. LAMEA Machine Learning Market by Component
6.1 LAMEA Services Market by Country
6.2 LAMEA Software Market by Country
6.3 LAMEA Hardware Market by Country

Chapter 7. LAMEA Machine Learning Market by End-use
7.1 LAMEA Advertising & Media Market by Country
7.2 LAMEA BFSI Market by Country
7.3 LAMEA Automotive & Transportation Market by Country
7.4 LAMEA Manufacturing Market by Country
7.5 LAMEA Agriculture Market by Country
7.6 LAMEA Retail Market by Country
7.7 LAMEA Healthcare Market by Country
7.8 LAMEA Others Market by Country

Chapter 8. LAMEA Machine Learning Market by Country
8.1 Brazil Machine Learning Market
8.1.1 Brazil Machine Learning Market by Enterprise Size
8.1.2 Brazil Machine Learning Market by Component
8.1.3 Brazil Machine Learning Market by End-use
8.2 Argentina Machine Learning Market
8.2.1 Argentina Machine Learning Market by Enterprise Size
8.2.2 Argentina Machine Learning Market by Component
8.2.3 Argentina Machine Learning Market by End-use
8.3 UAE Machine Learning Market
8.3.1 UAE Machine Learning Market by Enterprise Size
8.3.2 UAE Machine Learning Market by Component
8.3.3 UAE Machine Learning Market by End-use
8.4 Saudi Arabia Machine Learning Market
8.4.1 Saudi Arabia Machine Learning Market by Enterprise Size
8.4.2 Saudi Arabia Machine Learning Market by Component
8.4.3 Saudi Arabia Machine Learning Market by End-use
8.5 South Africa Machine Learning Market
8.5.1 South Africa Machine Learning Market by Enterprise Size
8.5.2 South Africa Machine Learning Market by Component
8.5.3 South Africa Machine Learning Market by End-use
8.6 Nigeria Machine Learning Market
8.6.1 Nigeria Machine Learning Market by Enterprise Size
8.6.2 Nigeria Machine Learning Market by Component
8.6.3 Nigeria Machine Learning Market by End-use
8.7 Rest of LAMEA Machine Learning Market
8.7.1 Rest of LAMEA Machine Learning Market by Enterprise Size
8.7.2 Rest of LAMEA Machine Learning Market by Component
8.7.3 Rest of LAMEA Machine Learning Market by End-use

Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Baidu, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent Strategies and Developments:
9.2.5.1 Partnerships, Collaborations and Agreements:
9.2.6 SWOT Analysis
9.3 Google LLC (Alphabet Inc.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 H2O.ai, Inc.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.4.2.2 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 Hewlett Packard Enterprise Company (HP Development Company L.P.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Intel Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 IBM Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Microsoft Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 SAS Institute, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.3 SWOT Analysis
9.10. SAP SE
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis

TABLE 1 LAMEA Machine Learning Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Machine Learning Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Machine Learning Market
TABLE 4 Product Launches And Product Expansions– Machine Learning Market
TABLE 5 Acquisition and Mergers– Machine Learning Market
TABLE 6 LAMEA Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 7 LAMEA Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 8 LAMEA Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA SMEs Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA SMEs Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 13 LAMEA Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 14 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 21 LAMEA Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 22 LAMEA Advertising & Media Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Advertising & Media Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA BFSI Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Automotive & Transportation Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Automotive & Transportation Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Machine Learning Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Machine Learning Market by Country, 2023 - 2030, USD Million
TABLE 40 Brazil Machine Learning Market, 2019 - 2022, USD Million
TABLE 41 Brazil Machine Learning Market, 2023 - 2030, USD Million
TABLE 42 Brazil Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 43 Brazil Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 44 Brazil Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 45 Brazil Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 46 Brazil Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 47 Brazil Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 48 Argentina Machine Learning Market, 2019 - 2022, USD Million
TABLE 49 Argentina Machine Learning Market, 2023 - 2030, USD Million
TABLE 50 Argentina Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 51 Argentina Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 52 Argentina Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 53 Argentina Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 54 Argentina Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 55 Argentina Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 56 UAE Machine Learning Market, 2019 - 2022, USD Million
TABLE 57 UAE Machine Learning Market, 2023 - 2030, USD Million
TABLE 58 UAE Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 59 UAE Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 60 UAE Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 61 UAE Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 62 UAE Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 63 UAE Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 64 Saudi Arabia Machine Learning Market, 2019 - 2022, USD Million
TABLE 65 Saudi Arabia Machine Learning Market, 2023 - 2030, USD Million
TABLE 66 Saudi Arabia Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 67 Saudi Arabia Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 68 Saudi Arabia Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 69 Saudi Arabia Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 70 Saudi Arabia Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 71 Saudi Arabia Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 72 South Africa Machine Learning Market, 2019 - 2022, USD Million
TABLE 73 South Africa Machine Learning Market, 2023 - 2030, USD Million
TABLE 74 South Africa Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 75 South Africa Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 76 South Africa Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 77 South Africa Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 78 South Africa Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 79 South Africa Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 80 Nigeria Machine Learning Market, 2019 - 2022, USD Million
TABLE 81 Nigeria Machine Learning Market, 2023 - 2030, USD Million
TABLE 82 Nigeria Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 83 Nigeria Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 84 Nigeria Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 85 Nigeria Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 86 Nigeria Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 87 Nigeria Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 88 Rest of LAMEA Machine Learning Market, 2019 - 2022, USD Million
TABLE 89 Rest of LAMEA Machine Learning Market, 2023 - 2030, USD Million
TABLE 90 Rest of LAMEA Machine Learning Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 91 Rest of LAMEA Machine Learning Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 92 Rest of LAMEA Machine Learning Market by Component, 2019 - 2022, USD Million
TABLE 93 Rest of LAMEA Machine Learning Market by Component, 2023 - 2030, USD Million
TABLE 94 Rest of LAMEA Machine Learning Market by End-use, 2019 - 2022, USD Million
TABLE 95 Rest of LAMEA Machine Learning Market by End-use, 2023 - 2030, USD Million
TABLE 96 Key Information – Amazon Web Services, Inc.
TABLE 97 Key Information – Baidu, Inc.
TABLE 98 Key Information – Google LLC
TABLE 99 Key Information – H2O.ai, Inc.
TABLE 100 key information – Hewlett Packard Enterprise Company
TABLE 101 Key Information – Intel Corporation
TABLE 102 Key information – IBM Corporation
TABLE 103 key information – Microsoft Corporation
TABLE 104 Key information – SAS Institute, Inc.
TABLE 105 Key Information – SAP SE

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Machine Learning Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors Machine Learning Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2021
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Feb – 2023, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Machine Learning Market
FIG 9 LAMEA Machine Learning Market share by Enterprise Size, 2022
FIG 10 LAMEA Machine Learning Market share by Enterprise Size, 2030
FIG 11 LAMEA Machine Learning Market by Enterprise Size, 2019 - 2030, USD Million
FIG 12 LAMEA Machine Learning Market share by Component, 2022
FIG 13 LAMEA Machine Learning Market share by Component, 2030
FIG 14 LAMEA Machine Learning Market by Component, 2019 - 2030, USD Million
FIG 15 LAMEA Machine Learning Market share by End-use, 2022
FIG 16 LAMEA Machine Learning Market share by End-use, 2030
FIG 17 LAMEA Machine Learning Market by End-use, 2019 - 2030, USD Million
FIG 18 LAMEA Machine Learning Market share by Country, 2022
FIG 19 LAMEA Machine Learning Market share by Country, 2030
FIG 20 LAMEA Machine Learning Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT analysis: Amazon.com, Inc.
FIG 22 Swot analysis: Baidu, inc.
FIG 23 Recent strategies and developments: Google LLC
FIG 24 SWOT Analysis: Google LLC. (Alphabet Inc)
FIG 25 Recent strategies and developments: H2O.ai, Inc.
FIG 26 SWOT Analysis: H2O.ai, Inc.
FIG 27 Recent strategies and developments: Hewlett-Packard enterprise Company
FIG 28 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 29 Recent strategies and developments: Intel Corporation
FIG 30 SWOT Analysis: Intel corporation
FIG 31 Recent strategies and developments: IBM Corporation
FIG 32 Swot Analysis: IBM Corporation
FIG 33 Recent strategies and developments: Microsoft Corporation
FIG 34 SWOT Analysis: Microsoft Corporation
FIG 35 SWOT Analysis: SAS INSTITUTE, INC.
FIG 36 SWOT Analysis: SAP SE