US Machine Learning as a Service Market Summary
The US Machine Learning as a Service (MLaaS) market is poised for substantial growth, projected to reach 120 USD Billion by 2035 from a base of 30 USD Billion in 2024.
Key Market Trends & Highlights
US Machine Learning as a Service (MLaaS) Key Trends and Highlights
- The market is expected to grow from 30 USD Billion in 2024 to 120 USD Billion by 2035.
- A compound annual growth rate (CAGR) of 13.43 percent is anticipated from 2025 to 2035.
- The increasing demand for data-driven decision-making is likely to propel market expansion.
- Growing adoption of machine learning technologies due to the need for enhanced operational efficiency is a major market driver.
Market Size & Forecast
2024 Market Size | 30 (USD Billion) |
2035 Market Size | 120 (USD Billion) |
CAGR (2025 - 2035) | 13.43% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)