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Artificial Intelligence and Advanced Machine Learning Market Size, Share, Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast 2028

Elena Wilson
Artificial Intelligence and Advanced Machine Learning Market Size, Share, Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast 2028

The global Artificial Intelligence (AI) & advanced Machine Learning (ML) market size is expected to reach USD 471.39 Billion at a steady CAGR of 35.2% in 2028, according to latest analysis by Emergen Research.

Artificial Intelligence (AI) and advanced Machine Learning (ML) technologies are witnessing increasing demand and deployment across various fields, such as in leading-edge medical diagnostics, advanced quantum computer systems, consumer electronics, and smart personal assistants. Machine Learning is a type of AI, which enables computers to learn without being initially programmed. Rising focus on development of computer programs that can teach themselves and change and evolve when exposed to new data, is a factor driving demand for these technologies.

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Artificial Intelligence and ML are major drivers of hyperautomation. Hyperautomation is a mega trend in IT, according to which anything within an organization that can be automated should be automated. The COVID-19 pandemic has fueled adoption of AI and advanced ML technologies, in which is known as “intelligent process automation” and “digital process automation”. Hyperautomation can be successful only if automated business processes can adapt to changing circumstances and respond to unforeseen events. This is where AI and advanced ML come into play, through the use of which, the system can improve over time and respond to changing business processes and requirements. Rapid trend of hyperautomation is a key factor expected to propel growth of the market going ahead.

The Artificial Intelligence (AI) and advanced Machine Learning (ML) Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Artificial Intelligence (AI) and advanced Machine Learning (ML) market. The report offers in-depth research and assessment of the key elements of the global Artificial Intelligence (AI) and advanced Machine Learning (ML) market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Artificial Intelligence (AI) and advanced Machine Learning (ML) market.

Emergen Research has segmented the global Artificial Intelligence & advanced Machine Learning market on the basis of functions, organization size, vertical, and region:

Functions Outlook (Revenue, USD Billion; 2018–2028)



Customer Support

Sales & Marketing

Research & Development


Organization Size Outlook (Revenue, USD Billion; 2018–2028)

Small & Medium Enterprises

Large Enterprises

Vertical Outlook (Revenue, USD Billion; 2018–2028)

Consumer Goods & Retail




IT & Telecom


Others (Education, Media & Entertainment)

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Key Players operating in the industry are:

NVIDIA Corporation, Prisma Labs, Inc., IBM, Google, Intel Corporation, Clarifai, Inc., Microsoft Corporation, Siemens, Netguru, and Micron Technology.

Key regions covered in the report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Radical Features of the Artificial Intelligence and Advanced Machine Learning Market Report:

  • The report encompasses Artificial Intelligence and Advanced Machine Learning market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Artificial Intelligence and Advanced Machine Learning industry

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Thank you for reading our report. Customization of the report is available. To know more, please connect with us, and our team will ensure the report is customized as per your requirements.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Elena Wilson
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