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 30.5 USD Billion in 2024.
Key Market Trends & Highlights
Machine Learning as a Service (MLaaS) market Key Trends and Highlights
- The US MLaaS market is valued at 30.5 USD Billion in 2024 and is expected to grow to 120 USD Billion by 2035.
- The compound annual growth rate (CAGR) for the US MLaaS market from 2025 to 2035 is estimated at 13.26 percent.
- This market is likely to experience rapid expansion as organizations increasingly leverage machine learning capabilities.
- Growing adoption of cloud computing due to its scalability and cost-effectiveness is a major market driver.
Market Size & Forecast
| 2024 Market Size | 30.5 (USD Billion) |
| 2035 Market Size | 120 (USD Billion) |
| CAGR (2025 - 2035) | 13.26% |
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)
