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2021 State Of The Machine Learning Market: Enterprise Adoption Is Strong

59% of all large enterprises are deploying data science (DS) and machine learning (ML) today. Nearly 50% of all organizations have up to 25 or more ML models in use today. 29% of enterprises are refreshing their data science and machine learning models every day. The higher the data literacy an enterprise can achieve before launching Data Science & Machine Learning initiatives, the higher the probability of success. These and many other insights defining the state of the data science and machine learning market in 2021 are from Dresner Advisory Services’ 2021 Data Science and Machine Learning Market Study. The 7th annual report is noteworthy for its depth of analysis and insight into how data science and machine learning adoption is growing stronger in enterprises. In addition, the study explains which factors drive adoption and determine the key success factors that matter the most when deploying data science and machine learning techniques. The methodology uses crowdsourcing techniques to recruit respondents from over 6,000 organizations and vendors’ customer communities. As a result, 52% of respondents are from North America and 34% from EMEA, with the balance from Asia-Pacific and Latin America.