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Machine learning market growth in Europe from 2021-2030

Published by Statista Research Department, Feb 14, 2024
Machine learning market growth in Europe exceeded 120 percent in 2023, though this was a only a recovery from a drop of 46 percent in 2022. These turbulent years since 2021 follow the upheavals of the Covid-19 pandemic and the inflation crisis following Russia's invasion of Ukraine. The growth is expected to slow in 2024 and reduce to around 15 percent through the rest of the decade until 2030.

Growth of the machine learning (ML) market in Europe from 2021 to 2030

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Data provided by Statista Market Insights are estimates.

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