Automated Machine Learning (AutoML) market projected to reach $10.5 billion by 2031, driven by growth in finance, healthcare, and retail sectors.

The global Automated Machine Learning (AutoML) market is on a significant growth trajectory, projected to reach $10.5 billion by 2031 with a remarkable CAGR of 30.2% from 2025.
In 2024, the market is estimated to hit $1.5 billion, indicating strong growth potential.
Businesses in finance, healthcare, retail, and manufacturing sectors are increasingly leveraging AutoML technologies to optimize operations and improve decision-making. This trend underscores a universal need for enhanced customer experiences and operational efficiencies across various industries.
As organizations continue to harness the power of AutoML, the demand for automation in data analysis and machine learning processes is expected to surge, paving the way for transformative advancements in business strategies.

The Automated Machine Learning (AutoML) market is projected to reach $10.5 billion by 2031, with a significant compound annual growth rate (CAGR) of 30.2% from 2025. Growth is driven by sectors such as finance, healthcare, and retail, optimizing operations and enhancing decision-making.