Self Supervised Learning Market Trends

Self-supervised Learning Market Overview

Self-supervised Learning Market Size was valued at USD 7.9 Billion in 2022. The Self-supervised Learning market industry is projected to grow from USD 10.6 Billion in 2023 to USD 108.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 33.80% during the forecast period (2023 - 2032). The need to streamline company processes as well as the rising use of technologies like voice recognition and face detection, are the key market drivers enhancing the market growth.

Technology: Secondary Research, Primary Research, MRFR Database and Analyst Review

Self-supervised Learning Market Trends

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  The increasing applications of technologies such as voice recognition & face detection is driving the market growth

  
  

The increased usage of technologies like facial recognition and voice recognition, as well as the desire to streamline workflow across industries, are driving the demand for self-supervised learning applications. The industry is also anticipated to grow as a result of society's increasing reliance on technology. Among other AI applications, self-supervised learning is a Machine Learning (ML) technique used in speech recognition, computer vision, and natural language processing (NLP). Examples of self-supervised learning applications include colorization, face recognition, and text classification. Additionally, it is utilised in a variety of industries, including BFSI, healthcare, automotive and transportation, software development (IT), media, and advertising.

According to 34% of survey participants, a lack of AI experience is keeping businesses from adopting AI, according to IBM's global AI adoption index 2022 research. Since self-supervised learning is still in its infancy, it requires a skilled labour force to advance. Therefore, it is projected that a lack of skilled employees will hamper the growth of the self-supervised learning sector. R&D projects are receiving greater funding from businesses like Apple Inc. and Microsoft, both of which are based in the United States. These companies are also researching cutting-edge technologies like AI and ML. Market players like the American company Meta are researching and experimenting with self-supervised learning, which has enormous growth potential for the sector. For instance, in January 2022 Meta AI unveiled data2vec, a self-supervised learning system that works with text, audio, and vision. Compared to past speech and computer vision techniques, the method performed better.

Several healthcare-related issues could be swiftly solved with the aid of ML technology. For a variety of tasks in the healthcare sector, including data analysis, forecasting, risk assessment, and resource allocation, this technology is used. The main applications of this technology in healthcare are the detection and diagnosis of unusual or difficult-to-diagnose diseases and ailments. With the increased usage of social media and cloud computing, self-supervised learning is growing in popularity. Cloud computing, which provides opportunities for large-scale data storage, is used by all modern enterprises. Real-time data analysis is one of the main advantages of cloud computing because of online tools for data analysis and the widespread use of cloud storage. Thanks to cloud computing, data analysis is now feasible at any time and from any location. The ML platform has a number of benefits that are advancing the sector. The lack of key essential features, though, is projected to impede the platform's global expansion. Inaccurate and oftentimes incomplete algorithms are one of the major problems in the industry. Accuracy in machine learning and big data are essential in the industrial sector. Products could be flawed if the algorithm makes even one error. Thus, driving the Self-supervised Learning market revenue.

Self-supervised Learning Market Segment Insights

Self-supervised Learning Technology Insights

The Self-supervised Learning Market segmentation, based on Technology, includes Natural Language Processing (NLP), Computer Vision, and Speech Processing. Natural language processing (NLP) segment accounted for the largest revenue share in 2022. The industry's expanding use of AI and ML technology is to blame for the growth of this particular market.

Growing internet use and online shopping are driving the need for customer insights, which can be obtained via the self-supervised learning approach. Additionally, the increasing usage of self-supervised learning for spotting hate speech on social media is presumably what is driving the need for this technology in the advertising and media sectors.

Figure 1: Self-supervised Learning Market, by Technology, 2022 & 2032 (USD Billion)

Technology: Secondary Research, Primary Research, MRFR Database and Analyst Review

Self-supervised Learning End Use Insights

The Self-supervised Learning Market segmentation, based on End Use, includes Healthcare, BFSI, Automotive & Transportation, Software Development (IT), Advertising & Media, and Others. BFSI segment dominated the Self-supervised Learning Market in 2022. The growth of this market is attributable to the spread of NLP applications such as text prediction and chatbots across sectors. NLP-based solutions are also provided by regional and international market participants. For instance, BlueMessaging, a Mexican firm, provides AI-based SmartChat to help companies develop chatbots.

Self-supervised Learning Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Self-supervised Learning Market dominated this market in 2022 (45.80%). It is projected that the growth of the sector in the region will be fueled by the presence of significant market participants like Microsoft, Google, and Meta in the United States, the presence of professionals, and a solid technical infrastructure. Further, the U.S. Self-supervised Learning market held the largest market share, and the Canada Self-supervised Learning market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SELF-SUPERVISED LEARNING MARKET SHARE BY REGION 2022 (USD Billion)

Technology: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Self-supervised Learning market accounted for the healthy market share in 2022. This is because Europe has a sizable industrial base, several government initiatives to foster innovation, and affluent citizens. The region with the greatest growth is Europe. Users of big data software typically use print management solutions to reduce expenses, enhance industry verticals, and boost employee productivity. Further, the German Self-supervised Learning market held the largest market share, and the U.K Self-supervised Learning market was the fastest growing market in the European region

The Asia Pacific Self-supervised Learning market is expected to register significant growth from 2023 to 2032. The region's market is expanding as a result of rising government investments in AI solutions and the rising popularity of self-supervised learning applications.  Moreover, China’s Self-supervised Learning market held the largest market share, and the Indian Self-supervised Learning market was the fastest growing market in the Asia-Pacific region.

Self-supervised Learning Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Self-supervised Learning market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Self-supervised Learning industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Self-supervised Learning industry to benefit clients and increase the market sector. In recent years, the Self-supervised Learning industry has offered some of the most significant advantages to medicine. Major players in the Self-supervised Learning market, including IBM, Alphabet Inc. (Google LLC), Microsof, Amazon Web Services, Inc., SAS Institute Inc., Dataiku, The MathWorks, Inc., Meta, Databricks, DataRobot, Inc., Apple Inc., Tesla, and Baidu, Inc., are attempting to increase market demand by investing in research and development operations.

Algorithmia is a maker of an algorithmic platform that aims to build a community around developing better applications. Due to the company's scalable infrastructure, which deploys and manages machine learning models to meet any number of concurrent algorithm requests, developers may explore, construct, and share algorithms as web services. In July 2021, DataRobot, Inc. bought Algorithmia Inc., an American-based Machine Learning Operations (MLOps) software platform. The platform, which was developed to meet the demands of IT operations specialists, enables businesses to handle the construction of complicated models in big volumes in a secure and effective manner. With this acquisition, DataRobot, Inc. hopes to give customers a platform for using any machine learning model.

Neudesic offers cloud computing and application development services with the intention of bridging the gap between technological and desired business outcomes. In order to help clients use the cloud to save costs and increase flexibility, the company focuses on providing application development, cloud computing, organisational collaboration, and enterprise mobility services to businesses and organisations globally. In February 2022, IBM acquired Neudesic, a cloud services consultant based in the United States. In its hybrid cloud and AI strategy, IBM made financial investments. Data engineering, data analytics, and extensive Azure cloud experience are all added by Neudesic. With this acquisition, IBM intends to improve its understanding of and ability to provide cloud services for its clients.

Key Companies in the Self-supervised Learning market include

• IBM


• Alphabet Inc. (Google LLC)


• Microsof


• Amazon Web Services, Inc.


• SAS Institute Inc.


• Dataiku


• The MathWorks, Inc.


• Meta


• Databricks


• DataRobot, Inc.


• Apple Inc.


• Tesla


• Baidu, Inc.

Self-supervised Learning Industry Developments

January 2022: In January 2022, Meta AI unveiled Data2vec, a self-supervised learning system for speech, vision, and text. The approach outperformed earlier speech and computer vision algorithms in terms of performance.

March 2022: The Australian government committed USD 30.5 million to the construction of four centres for artificial intelligence (AI) and digital capabilities. The government wants to use this cash to hasten the commercialisation of Australian AI research.

Self-supervised Learning Market Segmentation

Self-supervised Learning Technology Outlook

• Natural Language Processing (NLP)


• Computer Vision


• Speech Processing

Self-supervised Learning End Use Outlook

• Healthcare


• BFSI


• Automotive & Transportation


• Software Development (IT)


• Advertising & Media


• Others

Self-supervised Learning Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America