Verified Market Research projects the AutoML sector to expand from $1.2 billion in 2024 at over 40 % CAGR through 2030, fueled by cloud integration, edge computing and cross-industry deployments.
Key points
- Global AutoML market valued at $1.2 billion in 2024, with 40 %+ CAGR expected through 2030
- North America leads adoption, followed by Europe and Asia-Pacific; emerging markets ramp up
- Cloud-native AutoML platforms drive scalability, while investments focus on explainability and bias mitigation
Why it matters: A rapidly growing AutoML market transforms AI adoption by lowering technical barriers, accelerating deployment, and unlocking new enterprise use cases across industries.
Q&A
- What is AutoML?
- What drives the 40 % CAGR forecast?
- Which sectors are adopting AutoML?
- What are the main implementation challenges?