Artificial Intelligence And Advanced Machine Learning Market

By Technology;

Machine Learning, Deep Learning, Natural Language Processing (NLP), Computer Vision, Robotics, and Others

By Organization Size;

Small & Medium Enterprises and Large Enterprises

By Application;

Fraud & Risk Management, Customer Segmentation, Sales & Marketing, Digital Assistance, and Others

By Vertical;

Consumer Goods, Retail, Healthcare, Automotive, IT & Telecom, Banking, Financial Services and Insurance (BFSI), Government, Education, and Media & Entertainment

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn508543791 Published Date: August, 2025 Updated Date: September, 2025

Artificial Intelligence & Advanced Machine Learning Market Overview

Artificial Intelligence & Advanced Machine Learning Market (USD Million)

Artificial Intelligence & Advanced Machine Learning Market was valued at USD 62547.79 million in the year 2024. The size of this market is expected to increase to USD 298251.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.0%.


Artificial Intelligence And Advanced Machine Learning Market

*Market size in USD million

CAGR 25.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)25.0 %
Market Size (2024)USD 62547.79 Million
Market Size (2031)USD 298251.09 Million
Market ConcentrationLow
Report Pages340
62547.79
2024
298251.09
2031

Major Players

  • TIBCO Software. Inc.
  • Oracle Corporation
  • Kreyon. Inc.
  • SAP SE
  • ICarbonX
  • Intel Corporation
  • Waverley Software
  • Prisma Labs. Inc.
  • Google, Inc.
  • NVIDIA Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Artificial Intelligence And Advanced Machine Learning Market

Fragmented - Highly competitive market without dominant players



The Artificial Intelligence and Advanced Machine Learning Market continues to advance as businesses adopt these solutions for smarter decision-making and streamlined operations. Nearly 48% of enterprises are now using AI-powered systems to improve efficiency and reduce errors. Growing reliance on data-driven insights is accelerating its penetration across multiple industries.

Automation Driving Operational Gains
About 52% of companies leverage AI and ML automation to cut operational costs and reduce manual workloads. These technologies enhance productivity, optimize workflows, and deliver consistent accuracy. The increasing focus on automation underscores the market’s value in reshaping enterprise performance.

Transforming Customer Engagement
Nearly 47% of organizations employ AI and ML to personalize customer experiences through tools like chatbots and recommendation systems. These solutions strengthen engagement, boost satisfaction, and improve retention rates. Their growing use highlights AI’s role in building stronger customer-centric strategies.

Innovations Expanding Capabilities
Advanced techniques such as deep learning, NLP, and computer vision are unlocking new possibilities for AI adoption. Around 55% of businesses are investing in these capabilities to extract meaningful insights from unstructured data. Such innovations are redefining how industries handle complex challenges and opportunities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Organization Size
    3. Market Snapshot, By Application
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By Region
  4. Artificial Intelligence & Advanced Machine Learning Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Automation

        2. Growth in Big Data Analytics

        3. Rising Investment in AI Startups

      2. Restraints

        1. High Implementation Costs

        2. Data Privacy and Security Concerns

        3. Lack of Skilled Workforce

      3. Opportunities
        1. Integration of AI in Various Industries

        2. Innovations in AI Technologies

        3. Collaborative AI and Machine Learning Solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Artificial Intelligence & Advanced Machine Learning Market, By Technology, 2021 - 2031 (USD Million)
      1. Machine Learning
      2. Deep Learning
      3. Natural Language Processing (NLP)
      4. Computer Vision
      5. Robotics
      6. Others
    2. Artificial Intelligence & Advanced Machine Learning Market, By Organization Size, 2021 - 2031 (USD Million)

      1. Small & Medium Enterprises

      2. Large Enterprises

    3. Artificial Intelligence & Advanced Machine Learning Market, By Application, 2021 - 2031 (USD Million)
      1. Fraud & Risk Management
      2. Customer Segmentation
      3. Sales & Marketing
      4. Digital Assistance
      5. Others
    4. Artificial Intelligence & Advanced Machine Learning Market, By Vertical, 2021 - 2031 (USD Million)
      1. Consumer Goods
      2. Retail
      3. Healthcare
      4. Automotive
      5. IT & Telecom
      6. Banking
      7. Financial Services and Insurance (BFSI)
      8. Government
      9. Education
      10. Media & Entertainment
    5. Artificial Intelligence & Advanced Machine Learning Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. TIBCO Software. Inc.
      2. Oracle Corporation
      3. Kreyon. Inc.
      4. SAP SE
      5. ICarbonX
      6. Intel Corporation
      7. Waverley Software
      8. Prisma Labs. Inc.
      9. Google, Inc.
      10. NVIDIA Corporation
  7. Analyst Views
  8. Future Outlook of the Market