Asia Pacific Machine Learning market

Synopsis
The above chart is Global Machine Learning market [2017-2024] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2018 in the asia pacific machine learning market, and is expected to reach usd 3144.00 million in 2024 from usd 351.70 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 47.72% during the forecast period 2019 - 2024. hardware segment accounted for the largest market share in 2018, this market is expected to reach usd 3086.83 million in 2024 from usd 385.72 million in 2018. this market is projected to grow at a cagr of 42.22% during the forecast period from 2019 - 2024. however, software segment is the fastest growing market, which is expected to grow at a cagr of 47.60% during the forecast period 2019 - 2024. large enterprises segment accounted for the larger market share in 2018, this market is expected to reach usd 4615.47 million in 2024 from usd 540.25 million in 2018. this market is projected to grow at a cagr of 43.82% during the forecast period from 2019 - 2024. however, smes segment is the fastest growing market, which is expected to grow at a cagr of 46.84% during the forecast period 2019 - 2024. bfsi segment accounted for the largest market share in 2018, this market is expected to reach usd 1439.27 million in 2024 from usd 168.98 million in 2018. this market is projected to grow at a cagr of 43.54% during the forecast period from 2019 - 2024. however, retail and ecommerce segment is the fastest growing market, which is expected to grow at a cagr of 47.94% during the forecast period 2019 - 2024.