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Machine Learning as a Service (MLaaS) Market

Machine Learning as a Service (MLaaS) Market<br>

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Machine Learning as a Service (MLaaS) Market

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. MACHINE LEARNING AS A SERVICE MARKET ANALYSIS Machine Learning as a Service (MLaaS) Market, By Deployment (Public Cloud, Private Cloud/Virtual Private Cloud) By End-use Application (Manufacturing, Retail, Healthcare & Life Sciences, Telecom, Banking, Financial services and Insurance (BFSI), Others (Energy & Utilities, Government, Education etc.) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Market Overview The global machine learning as a service (MLaaS) market was valued US$ 2,802.8Mn in 2019 and expected to grow at a CAGR of 36.8% over the forecasted period 2019-27. Market Drivers • Exponential growth of big data is expected to drive growth of the global machine learning as a service (MLaaS) market during the forecast period • Rising acceptance of cloud-based technologies is expected to propel the global machine learning as a service (MLaaS) market growth over the forecast period

  4. Figure 1. Market Share

  5. Market Dynamics Restraints • Low availability of skilled personnel is expected to hamper the global machine learning as a service (MLaaS) market growth during the forecast period • Lack of data security is expected to hinder the global machine learning as a service (MLaaS) market growth over the forecast period

  6. Market Opportunities • IoT-enabled services can provide major growth opportunities to market players • Rising investments in healthcare industry can offer significant opportunities in the near future

  7. Figure .2 : Market Opportunity

  8. Market Trends Advent of new intelligent application is expected to be major trend Growing use of machine learning in retail sector is another major trend Segment information: In global machine learning as a service (MLaaS) market, by Type segment, the Private Cloud/VPCs, sub-segment dominated the global market in 2019, accounting for 50.2% share in terms of value, followed by Public Cloud.

  9. Figure 3. Market Share

  10. Competitive Section Key players involved in the global machine learning as a service (MLaaS) market are H2O.ai, Google Inc., Predictron Labs Ltd, IBM Corporation, Ersatz Labs Inc., Microsoft Corporation, Yottamine Analytics, Amazon Web Services Inc., FICO, and BigML Inc.

  11. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/press-release/machine-learning-as-a-service-market-3015

  12. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  13. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  14. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates FacebookLinkedIn Twitter www.coherentmarketinsights.com

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