A report from Fortune Business Insights assigns the ML industry with an astounding CAGR of 38.8% for the time period spanning between 2022 and 2029. It estimates that the sector will be worth $21 billion by the end of this year. Here are the top 5 ML stocks for you to buy in 2022.

SAP SE (NYSE:SAP)

SAP SE (NYSE:SAP) is an enterprise resource planning software provider that is headquartered in Walldorf, Germany. The firm's products allow companies to manage their financials and drive data-driven insights and production plans.

UiPath Inc. (NYSE:PATH)

UiPath Inc. (NYSE:PATH) is a robotic process automation services provider that is headquartered in New York, New York, the United States. The firm uses artificial intelligence to build and manage automation systems within companies.

Verisk Analytics, Inc. (NASDAQ:VRSK)

Verisk Analytics, Inc. (NASDAQ:VRSK) is a data analytics firm that offers several tools and covers several analytical targets such as risk and asset pricing for commodities and insurance products. The firm is headquartered in Jersey City, New Jersey, the United States.

International Business Machines Corporation (NYSE:IBM)

International Business Machines Corporation (NYSE:IBM) is one of the oldest computing companies in the world that was set up in 1911 and is currently headquartered in Armonk, New York, the United States. Over the years, the firm has transformed itself from targeting personal computing to focusing on enterprise computing.

Autodesk, Inc. (NASDAQ:ADSK)

Autodesk, Inc. (NASDAQ:ADSK) is a design and engineering software services provider that is headquartered in San Rafael, California, the United States. The firm's software lets engineers and architects design their products. Autodesk, Inc. (NASDAQ:ADSK) has integrated machine learning into its platform, and its software use machine learning technologies such as Generative Design, Risk Mitigation, and Contractor Safety.