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- Machine Learning as a Service (Mlaas) Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Global machine learning as a service market was marked at a USD of 0.4 billion in 2017 and expected to reach 4.01 billion in 2024 at a CAGR of 43.25%. Machine learning is a part of computer science that gives computers the ability to learn and understand things without being predefined programmed. It falls under the Artificial Intelligence used in various applications to analyse data often and to make real-time decisions with any human interface.
Global Machine Learning as A Service Market Share:
North America has the most significant share in this market followed by Europe. Adoption of the IOT technologies by industries considerable amount of data need to the accommodated. Companies are focusing on understanding the customer behaviour and trying to solve them efficiently. This is the crucial factor in investments in MLaaS solutions.
Global Machine Learning as A Service Market Size:
Due to the rapid growth in innovations in automation technologies, increase in adoption of cloud-based systems leads to market growth. Predictive analytics is used for the all online activities such as Amazon, Flipkart etc. Big data analytics drive the machine learning market.
Global Machine Learning as A Service Market Growth:
Asia-Pacific is the fastest growing market in this forecasting period. Growth in Cloud-based technologies and investments from the global companies gives good opportunities in middle east and Latin America regions.
Global Machine Learning as A Service Market Industry Analysis:
Global machine learning as a service is segmented into by application, by vertical and organisation size. By using is again subdivided into risk analytics and fraud management, predictive maintenance, advertising & marketing and automated network management. By vertical it is divided into retail, BFSI, Healthcare, automotive, IT, Media and Entertainment, Aerospace and Defense and government. By organisation, it is divided into small, big and medium enterprises.
Global Machine Learning as A Service Market Outlook:
In the upcoming years, other end-use industries namely BFSI, retail, manufacturing, telecom is expected to show demand for the MLaaS. To increase the decision-making capability of machines used in verticals. Public cloud segment is expected to grow large in the market. Artificial intelligence is supposed to have a substantial impact on health care.
Global Machine Learning as A Service Market trends:
Recently, Walmart labs have announced the acquisition of Inkriu, a company on machine learning. Tensor Flow is the new machine learning technology being a part of open source released by Google.
Global Machine Learning as A Service Market Research Report includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Finding DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to find the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- MLaaS falls under the artificial intelligence and widespread during this forecasting period. Find the latest developments, market shares, and strategies that are employed by the major market players, such as
- Microsoft
- Amazon web services
- International Machine Business corporation
- BIGML
- Google, Inc.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyer
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Protein Deficient Diseases
4.1.2 Increased Demand for Alternatives to Chemical Processes
4.2 Restraints
4.2.1 Lack of Experts to Strategize the Process
4.2.2 High Costs
4.3 Opportunities
4.3.1 Increasing Use of Protein Engineering in Healthcare Institutions and Hospital
4.4 Challenges
4.4.1 Capitalization on Patents
Chapter 5 Market Segmentation Analysis
Chapter 6 Market segmentation by vertical
6.1 Introduction
6.2 Retail
6.3 BFSI
6.4 Healthcare
6.5 Automotive
6.6 IT
6.7 Media and Entertainment
6.8 Aerospace and Defense
6.9 Government
6.10 Others
Chapter 7 Market segmentation by organisation size
7.1 Introduction
7.2 Small
7.3 Medium
7.4 Large
Chapter 8 Market Segmentation by Application
8.1 Introduction
8.2 Risk Analytics and Fraud Management
8.3 Predictive Maintenance
8.4 Advertising & Marketing
8.5 Automated Network Management
8.6 Others
Chapter 9 Market Segmentation by Geography
9.1 Asia Pacific
9.1.1 Introduction
9.1.2 China
9.1.3 India
9.1.4 Japan
9.1.5 Australia
91.6 others
9.2 North America
9.2.1 Introduction
9.2.2 United States
9.2.3 Canada
9.2.4 Mexico
9.2.5 Others
9.3 Europe
9.3.1 Introduction
9.3.2 Spain
9.3.3 UK
9.3.4 France
9.3.5 Russia
9.3.6 Italy
9.3.7 Others
9.4 The Middle East and Africa
9.4.1 Introduction
9.4.2 South Africa
9.4.3 Middle East Countries
9.4.4 Others
9.5 South America
9.5.1 Introduction
9.5.2 Argentina
9.5.3 Brazil
9.5.4Others
Chapter 10 Competitive Landscape
10.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
10.2 Market Share Analysis
10.3 Strategies Adopted by Top Companies
Chapter 11 Company profiles
11.1 Microsoft
11.1.1 Company overview
11.1.2 Financial performance
11.1.3 Product benchmarking
11.1.4 Strategic initiatives
11.2 AMAZON WEB SERVICES
11.3. INTERNATIONAL BUSINESS MACHINE CORPORATION
11.4 BIGML, INC.
11.5. GOOGLE, INC.
11.6. FICO
11.7. HEWLETT-PACKARD ENTERPRISE DEVELOPMENT LP
11.8. SAS INSTITUTE INC
11.9. FICO
11.10. YOTTAMINE ANALYTICS
11.11. PREDICTRON LABS LTD
11.12. IBM CORPORATION
11.13 ERSATZ LABS, INC.
11.14 H2O.ai
11.15 Market Player
Chapter 12 Market Estimates and Forecast
12.1 Market Estimates and Forecast 2018-2024(USD Million)
12.1.1 Market Estimation and Forecast by Vertical 2018-2024 (USD Million)
12.1.2 Market Estimates and Forecast by Application 2018-2024 (USD Million)
12.1.3 Market Estimates and Forecast by Organization size2018-2024 (USD Million)
12.1.4 Market Estimates and Forecast by Geography 2018-2024 (USD Million)
12.1.5 Market Estimates and Forecast by Company 2018-2024 (USD Million)
Chapter 13 Market Insights
13.1 introduction
13.2 Insights of Industry Experts
13.3 Analyst Opinion
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
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Global machine learning as a service market was marked at a USD of 0.4 billion in 2017 and expected to reach 4.01 billion in 2024 at a CAGR of 43.25%. Machine learning is a part of computer science that gives computers the ability to learn and understand things without being predefined programmed. It falls under the Artificial Intelligence used in various applications to analyse data often and to make real-time decisions with any human interface.
Global Machine Learning as A Service Market Share:
North America has the most significant share in this market followed by Europe. Adoption of the IOT technologies by industries considerable amount of data need to the accommodated. Companies are focusing on understanding the customer behaviour and trying to solve them efficiently. This is the crucial factor in investments in MLaaS solutions.
Global Machine Learning as A Service Market Size:
Due to the rapid growth in innovations in automation technologies, increase in adoption of cloud-based systems leads to market growth. Predictive analytics is used for the all online activities such as Amazon, Flipkart etc. Big data analytics drive the machine learning market.
Global Machine Learning as A Service Market Growth:
Asia-Pacific is the fastest growing market in this forecasting period. Growth in Cloud-based technologies and investments from the global companies gives good opportunities in middle east and Latin America regions.
Global Machine Learning as A Service Market Industry Analysis:
Global machine learning as a service is segmented into by application, by vertical and organisation size. By using is again subdivided into risk analytics and fraud management, predictive maintenance, advertising & marketing and automated network management. By vertical it is divided into retail, BFSI, Healthcare, automotive, IT, Media and Entertainment, Aerospace and Defense and government. By organisation, it is divided into small, big and medium enterprises.
Global Machine Learning as A Service Market Outlook:
In the upcoming years, other end-use industries namely BFSI, retail, manufacturing, telecom is expected to show demand for the MLaaS. To increase the decision-making capability of machines used in verticals. Public cloud segment is expected to grow large in the market. Artificial intelligence is supposed to have a substantial impact on health care.
Global Machine Learning as A Service Market trends:
Recently, Walmart labs have announced the acquisition of Inkriu, a company on machine learning. Tensor Flow is the new machine learning technology being a part of open source released by Google.
Global Machine Learning as A Service Market Research Report includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Finding DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to find the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- MLaaS falls under the artificial intelligence and widespread during this forecasting period. Find the latest developments, market shares, and strategies that are employed by the major market players, such as
- Microsoft
- Amazon web services
- International Machine Business corporation
- BIGML
- Google, Inc.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyer
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Protein Deficient Diseases
4.1.2 Increased Demand for Alternatives to Chemical Processes
4.2 Restraints
4.2.1 Lack of Experts to Strategize the Process
4.2.2 High Costs
4.3 Opportunities
4.3.1 Increasing Use of Protein Engineering in Healthcare Institutions and Hospital
4.4 Challenges
4.4.1 Capitalization on Patents
Chapter 5 Market Segmentation Analysis
Chapter 6 Market segmentation by vertical
6.1 Introduction
6.2 Retail
6.3 BFSI
6.4 Healthcare
6.5 Automotive
6.6 IT
6.7 Media and Entertainment
6.8 Aerospace and Defense
6.9 Government
6.10 Others
Chapter 7 Market segmentation by organisation size
7.1 Introduction
7.2 Small
7.3 Medium
7.4 Large
Chapter 8 Market Segmentation by Application
8.1 Introduction
8.2 Risk Analytics and Fraud Management
8.3 Predictive Maintenance
8.4 Advertising & Marketing
8.5 Automated Network Management
8.6 Others
Chapter 9 Market Segmentation by Geography
9.1 Asia Pacific
9.1.1 Introduction
9.1.2 China
9.1.3 India
9.1.4 Japan
9.1.5 Australia
91.6 others
9.2 North America
9.2.1 Introduction
9.2.2 United States
9.2.3 Canada
9.2.4 Mexico
9.2.5 Others
9.3 Europe
9.3.1 Introduction
9.3.2 Spain
9.3.3 UK
9.3.4 France
9.3.5 Russia
9.3.6 Italy
9.3.7 Others
9.4 The Middle East and Africa
9.4.1 Introduction
9.4.2 South Africa
9.4.3 Middle East Countries
9.4.4 Others
9.5 South America
9.5.1 Introduction
9.5.2 Argentina
9.5.3 Brazil
9.5.4Others
Chapter 10 Competitive Landscape
10.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
10.2 Market Share Analysis
10.3 Strategies Adopted by Top Companies
Chapter 11 Company profiles
11.1 Microsoft
11.1.1 Company overview
11.1.2 Financial performance
11.1.3 Product benchmarking
11.1.4 Strategic initiatives
11.2 AMAZON WEB SERVICES
11.3. INTERNATIONAL BUSINESS MACHINE CORPORATION
11.4 BIGML, INC.
11.5. GOOGLE, INC.
11.6. FICO
11.7. HEWLETT-PACKARD ENTERPRISE DEVELOPMENT LP
11.8. SAS INSTITUTE INC
11.9. FICO
11.10. YOTTAMINE ANALYTICS
11.11. PREDICTRON LABS LTD
11.12. IBM CORPORATION
11.13 ERSATZ LABS, INC.
11.14 H2O.ai
11.15 Market Player
Chapter 12 Market Estimates and Forecast
12.1 Market Estimates and Forecast 2018-2024(USD Million)
12.1.1 Market Estimation and Forecast by Vertical 2018-2024 (USD Million)
12.1.2 Market Estimates and Forecast by Application 2018-2024 (USD Million)
12.1.3 Market Estimates and Forecast by Organization size2018-2024 (USD Million)
12.1.4 Market Estimates and Forecast by Geography 2018-2024 (USD Million)
12.1.5 Market Estimates and Forecast by Company 2018-2024 (USD Million)
Chapter 13 Market Insights
13.1 introduction
13.2 Insights of Industry Experts
13.3 Analyst Opinion
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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