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Machine Learning as a Service Market by Technological Changes, Future Growth Opportunity by Focusing on Past Industry and Top Players- BigML, FICO, Yottamine Analytics, Ersatz Labs, Predictron Labs, H2O.ai, AT&T and Sift Science

09-11-2019 08:56 AM CET | IT, New Media & Software

Press release from: Orian Research

Machine Learning as a Service Market

Machine Learning as a Service Market

Machine Learning as a Service Market to reach USD 16.13 billion by 2025.

Machine Learning as a Service Market valued approximately USD 0.87 billion in 2017 is anticipated to grow with a healthy growth rate of more than 43.9% over the forecast period 2018-2025. Enhancements in technology, growth in data volume and rise in IT spending in some of the developing regions are the major factors which are driving the growth in the global market. Additionally, growth in acceptance of cloud-based technologies and increasing need to know customer behavior are further boosting the demand for Machine learning as a service.

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Moreover, the high demand for private cloud in enterprises is likely to propel the growth of the market. Besides this, a rise in the area of application and growing investments in the healthcare sector represents significant growth opportunities for the market in the near future. However, scarcity of trained expertise and several security concerns are expected to hamper the market growth.

The regional analysis of Machine Learning as a Service Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In region such as Asia-Pacific, Middle-East and Africa, rise in usage of passenger vehicles set the growth in Machine Learning as a Service Market over the forecasted period 2018-2025. Asia-Pacific is estimated to hold a prominent share of the Machine Learning as a Service market. Developing countries, such as India and China, are significant players boosting the demand for the Machine Learning as a Service Market. Europe, North America and the Middle East and Africa are continuously witnessing infrastructural growth which fueling the demand of Machine Learning as a Service Market over the coming years. Asia Pacific region is contributing towards the growth of global Machine Learning as a Service Market and anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

 Software Tools
 Cloud and Web-based Application Programming Interface (APIs)
 Others

By Application:

 Manufacturing
 Retail
 Healthcare & Life Sciences
 Telecom
 BFSI
 Others (Energy & Utilities, Education, Government)

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By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

The leading Market players mainly include-
• Google
• IBM Corporation
• Microsoft Corporation
• Amazon Web Services
• BigML
• FICO
• Yottamine Analytics
• Ersatz Labs
• Predictron Labs
• H2O.ai
• AT&T
• Sift Science

Target Audience of the Machine Learning as a Service Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

Table of Content :

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF MACHINE LEARNING AS A SERVICE

TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF MACHINE LEARNING AS A SERVICE

TABLE 3. MACHINE LEARNING AS A SERVICE, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY

TABLE 5. EXCHANGE RATES CONSIDERED

TABLE 6. MACHINE LEARNING AS A SERVICE MARKET ESTIMATES & FORECASTS BY REGION 2015-2025 (USD BILLION)

TABLE 7. MACHINE LEARNING AS A SERVICE MARKET ESTIMATES & FORECASTS BY COMPONENT 2015-2025 (USD BILLION)

TABLE 8. MACHINE LEARNING AS A SERVICE MARKET ESTIMATES & FORECASTS BY TYPE 2015-2025 (USD BILLION)

TABLE 9. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 10. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 11. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 12. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 13. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 14. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 15. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 16. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 17. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 18. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 19. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 20. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 21. MACHINE LEARNING AS A SERVICE MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

TABLE 22. MACHINE LEARNING AS A SERVICE MARKET BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD BILLION)

About Us:
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

Contact Us:
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US: +1 (832) 380-8827 | UK: +44 0161-818-8027

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