Global Tiny Machine Learning (TinyML) Market to Reach USD 3.4 Billion by 2030 – Key Drivers and Opportunities | Valuates Reports | PR Newswire [Video]

Tiny Machine Learning (TinyML) Market is Segmented by Type (C Language, Java), by Application (Agriculture, Manufacturing, Healthcare, Retail).

, /PRNewswire/ — The Global Tiny Machine Learning (TinyML) Market was estimated to be worth USD 1025 Million in 2023 and is forecast to a readjusted size of USD 3478.4 Million by 2030 with a CAGR of 9.8% during the forecast period 2024-2030.

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Major Factors Driving the Growth of TinyML Market:

The Tiny Machine Learning (TinyML) market is poised for substantial growth, driven by the increasing demand for intelligent and efficient ML solutions that operate on edge devices. The proliferation of IoT devices, wearable technology, and smart sensors across various industries creates a vast opportunity for TinyML applications, enabling real-time data processing and decision-making without the need for cloud-based computing.

Advances in low-power hardware, optimized ML algorithms, and robust software frameworks enhance the capabilities and performance of TinyML systems, making them more versatile and reliable. As businesses …