According to the latest reports, while the global ML market was valued at $1.4 billion in 2017, it is predicted to reach $8.8 billion by 2022, growing at a compound annual growth rate (CAGR) of 43.6% between 2017 and 2022. Furthermore, by 2020, AI and ML hold the potential to create an additional value of $2.6 trillion.
The numbers make it very clear that at present, ML is the star of the technology and enterprise sectors. With continuous advancements, AI and ML applications are expanding to almost every industry, including healthcare, BFSI, education, e-commerce, logistics, and much more. This is creating job opportunities for Machine Learning engineers, cybersecurity analysts, data architects, data scientists, data mining specialists, and cloud architects across various verticals. Thus, if you wish to put yourself among the most valued professionals in the industry, you must learn machine learning.