The Automated Machine Learning (AutoML) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Automated Machine Learning (AutoML) Global Market Report 2024 indicates that the market size is expected to increase from $1.64 billion in 2024 to $2.35 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 43.6%.
The Automated Machine Learning (AutoML) market is anticipated to reach a size of $10.93 billion by 2029, increasing at a compound annual growth rate (CAGR) of 46.8%.
Download Your Free Sample of the 2025 Automated Machine Learning (AutoML) Market Report and Uncover Key Trends Now!The key drivers in the automated machine learning (automl) market are:
• Increased ai integration across various industries
• Expansion of IoT and big data technologies
• The rise of edge computing, hybrid cloud, and on-premises solutions
• Stringent regulatory compliance requirements
The automated machine learning (AutoML) market covered in this report is segmented –
1) By Offering: Solutions, Services
2) By Deployment: Cloud, On-Premises
3) By Enterprise: Small And Medium Enterprise, Large Enterprise
4) By Application: Data Processing, Feature Engineering, Model Selection, Hyperparameter Optimization And Tuning, Model Assembling, Other Applications
5) By End User: Banking, Financial Services And Insurance (BFSI), Retail And E-Commerce, Healthcare, Manufacturing, Other End Users
The key trends in the automated machine learning (automl) market are:
• Automated feature engineering is an emerging trend.
• Federated learning advancements are expected to impact the AutoML market significantly.
• The need for explainable AI and model interpretability drives developments.
• There is a growing trend of leveraging AutoML for unstructured data and autonomous systems.
The major players in the automated machine learning (automl) market are:
• Google LLC
• Microsoft Corporation
• Amazon Web Services Inc
North America was the largest region in the automated machine learning (AutoML) market in 2024