Machine learning as a Service Market By Application (Marketing and Advertising, Fraud Detection and Risk Management, Predictive analytics, Augmented and Virtual reality, Natural Language processing, Computer vision, Security and surveillance, Others), By Organization Size (Large Enterprises, Small and Medium Enterprises), By Component (Solution, Services), By End-Use Industry (Aerospace and Defense, IT and Telecom, Energy and Utilities, Public sector, Manufacturing, BANKING, FINANCIAL SERVICES, and INSURANCE, Healthcare, Retail, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
Machine learning is designed to incorporate functionalities of artificial intelligence (AI) and cognitive computing involving a series of algorithms and is used to understand the relationship between datasets to obtain a desired output. Machine learning as a service (MLaaS) incorporates a range of services that offer machine learning tools through cloud computing services.
The global machine learning as a service market report covers various parameters of the machine learning industry. The market is segmented based on component, organization size, end-use industry, application, and geography. The component segment is bifurcated into software and services. Based on organization size, it is divided into large enterprises and small & medium enterprises. The application segment is categorized into marketing & advertising, fraud detection & risk management, predictive analytics, augmented & virtual reality, natural language processing, computer vision, security & surveillance, and others. Based on end-use industry, it is classified into aerospace & defense, IT & telecom, energy & utilities, public sector, manufacturing, BFSI, healthcare, retail, and others.
This report features information on machine learning services offered by key vendors. Based on region, the global machine learning as a service market is segmented across North America, Europe, Asia-Pacific, and LAMEA. Further, the report also highlights the altered strategies of key market players to improve the market share and sustain competition.
Key players operating in the market include Google Inc., SAS Institute Inc., FICO, Hewlett Packard Enterprise, Yottamine Analytics, Amazon Web Services, BigML, Inc., Microsoft Corporation, Predictron Labs Ltd., and IBM Corporation.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the machine learning as a service market along with current trends and future estimations to elucidate imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of machine learning as a service market for the period 2021–2030 is provided to determine the market potential.
Key Market Segments
By BY APPLICATION
Computer vision
Security and surveillance
Others
Marketing and Advertising
Fraud Detection and Risk Management
Predictive analytics
Augmented and Virtual reality
Natural Language processing
By Organization Size
Large Enterprises
Small and Medium Enterprises
By Component
Solution
Services
By End-Use Industry
Aerospace and Defense
IT and Telecom
Energy and Utilities
Public sector
Manufacturing
BANKING, FINANCIAL SERVICES, and INSURANCE
Healthcare
Retail
Others
By Region
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
GOOGLE INC
SAS INSTITUTE INC
FICO
HEWLETT PACKARD ENTERPRISE
YOTTAMINE ANALYTICS
AMAZON WEB SERVICES
BIGML, INC
MICROSOFT CORPORATION
PREDICTRON LABS LTD
IBM CORPORATION
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