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 by Application (Drug Discovery, Industrial IoT), Vertical (Healthcare and Life Sciences, BFSI, Manufacturing, Retail and eCommerce, Energy and Utilities), and Region - Global Forecast to 2028 , published by MarketsandMarkets™, as per as-is scenario, the global federated learning solutions market is projected to grow from USD 117 million in 2023 to USD 201 million by 2028, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. Various factors such as the potential to enable companies to leverage a shared ML model collaboratively by keeping data on devices and the capability to enable predictive features on smart devices without impacting user experience and leaking private information are expected to offer growth opportunities for federated learning solutions during the forecast period.

United statesAashish mehraAnalytics market research reports consultingEdge ai software marketLife sciencesResearch insightComponent solutionsSolutions marketLearning solutions marketDrug discoveryIndustrial iotCompound annual growth rateLearning solutionsFederated learning solutions marketIndustrial internetNorth america