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Machine learning engineers are in huge demand to meet the supply in the global tech market in 2022. Educational institutes and platforms have started offering multiple machine learning courses to provide a better understanding of this domain to face real-life problems efficiently. There are multiple machine learning-based countries where the governments are allocating sufficient budgets to enhance the revenue per year. The global machine learning market size is expected to hit US$39,986.70 million in 2025 at a CAGR of 49.7%. ML engineers in 2022 are earning some of the highest salaries in the tech world, in the top countries for ML engineering jobs. Let's explore some of the top ten countries for machine learning engineers to stay and earn lucrative salary packages per annum.
The USA is one of the top countries for machine learning engineers for its large number of companies that specialized in machine learning, artificial intelligence, robotics, and other advanced technologies. The average salary for ML engineers in 2022 is US$145,000 per annum with additional cash compensation. It is reported that the ML Engineer is the fourth-fastest growing job in this machine learning-based country.
China is known as one of the top countries for ML engineering jobs in 2022 with its constant innovation with cutting-edge technologies. This machine learning-based country offers CN¥450,000 per annum. The demand for ML engineers in 2022 is increasing substantially owing to the gigantic amount of real-time data for machine learning with a wide range of market applications.
Japan is gaining popularity as a machine learning-based country through its international conferences, educational institutes, non-profit organizations, and many more opportunities for ML engineers in 2022. This country is leading in the industrial robot race and aims to revolutionize the machine learning domain with smart applications and innovations. The average salary of machine learning engineers is ¥6,404,246 per annum.
South Korea is a well-known country on robotics and is well recognized as one of the top countries for ML Engineers. The average salary of ML engineers in 2022 is ₩62,692,165. Machine learning engineers are highly interested in working in South Korea for its advanced applications and innovations with robotics, IoT, artificial intelligence, machine learning, and many more technologies.
India is also one of the top countries for ML Engineers with sufficient budget allocation from the Government of India. It is encouraging start-ups and other MNCs to start businesses in the domestic market to earn more revenue by leveraging machine learning and artificial intelligence. India is fostering machine learning engineers with great value by being one of the top countries for ML engineering jobs. The average salary of ML engineers in 2022 is Rs.11 lakhs per annum.
Germany is known as the Machine learning-based country with an average salary of machine learning engineers is 75.000 €. There are top-level research institutes present in the country for providing ample opportunities to ML engineers in 2022. It prioritizes cutting-edge technologies in its machine learning race.
Canada is one of the top machine learning-based countries with responsible use of machine learning. It is determined to hire some of the world's top minds to have a specialization in machine learning and deep learning. The Canadian government offers ample opportunities to attract a large number of researchers and students in this field. The average salary of ML Engineers in Canada is $85,000 per annum.
Sweden is one of the popular countries for machine learning engineers that pays an average salary of around 2022 460,000 KR. per annum to ML engineers. Machine learning engineers are attracted to one of the top countries for ML engineering jobs for the good salary package and a plethora of other opportunities. The Government is also pumping sufficient funds into the specialized domain for it to be a leader in the machine learning race.
The UK is focused on establishing the best educational institutions for it to be one of the top countries for ML engineering jobs. This machine learning-based country found that ML algorithms are the fastest-growing skill among ML engineers in 2022. The average salary of ML Engineers is £50,000 per annum.
Spain is one of the top countries for ML Engineers offering 55.000 € per annum. Machine learning engineers are highly interested to work in Spain because of the top-notch institutes and immense work opportunities and gain a deeper understanding of this field with real-life complex projects.
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