Machine Learning Software for Business Consulting Market

According to a new market research report published by Global Market Estimates, the Global Machine Learning Software for Business Consulting Market is projected to grow at a CAGR value of 33.7% from 2022 and 2027. The machine learning software for the business consultancy market is thereby driven by the growing demand for data analytics tools and their automation, technological advancements in machine learning, artificial intelligence, and deep learning, and the growing investment in improving machine learning software capabilities by software developers.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Machine Learning Software for Business Consulting Market - Forecast to 2027"

 Key Market Insights

·         A higher return on investment from adopting machine learning for improving business consultancy services is expected to further increase the demand for ML software in the business consultancy industry

·         Software vendors are increasingly investing in the development of deep learning and neural networks

·         The machine language-powered software is capable of creating self-learning algorithms that reduce errors and increase accuracy increasing their adoption for business consultancy applications

·         The software segment is envisaged to clutch the lion’s share of the market based on the component

·         The predictive analytics segment is expected to hold the largest share of the market based on the application

·         Google Inc., SAS Institute Inc., FICO, Hewlett Packard Enterprise, Yottamine Analytics, Amazon Web Services, BigML Inc., Microsoft Corporation, Prediction Labs Ltd., IBM Corporation, among others, are the key players in the machine learning software for business consulting market

 Component Outlook (Revenue, USD Billion, 2022-2027)

·         Software

·         Services

End-User Outlook (Revenue, USD Billion, 2022-2027)

·         Aerospace & Defense

·         IT & Telecom

·         Energy & Utilities

·         Public sector

·         Manufacturing

·         BFSI

·         Healthcare

·         Retail

·         Others

Application Outlook (Revenue, USD Billion, 2022-2027)

·         Marketing & Advertising

·         Fraud Detection & Risk Management

·         Predictive Analytics

·         Augmented & Virtual Reality

·         NLP

·         Computer Vision

·         Security & Surveillance

·         Co-Commercialization

·         Others

Regional Outlook (Revenue, USD Billion, 2022-2027)

North America                                                                                 

  • The U.S.
  • Canada
  • Mexico


  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

 Central & South America

  • Brazil
  • Argentina
  • Rest of CSA

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of MEA


Contact: Yash Jain

Email address:

Phone Number: +16026667238