Press release
Machine Learning Market 2020 : Impact Of COVID-19 On Global Industry - Amazon, Alphabet Inc, Baidu Inc, Intel Corporation, Hewlett Packard Enterprise, Microsoft, IBM, SAP
Machine Learning Market 2020
The global machine learning market totaled $1.4 billion in 2017 and is estimated to reach $8.8 billion by 2022, growing at a compound annual growth rate (CAGR) of 43.6% for the period of 2017-2022.
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In order to manage the high volume and flexibility of cloud and data center traffic, organizations are shifting from traditional network equipment and architectures to newer ones that incorporate the latest combination of highly dense system components as well as the dynamic characteristics of software control. While this transformation applies to the greater public telecommunications network, this report is only concerned with the deployment of network equipment within company-based private networks and data centers. These organizations include cloud providers and companies across numerous sectors.
Fueled by the twin enablers of enhanced network processors and software-defined networks, Cloud and data center networks are on track to provide performance, reliability and cost-efficient breakthroughs over the next five years. These capabilities answer the need for programmable networks that leverage denser chip sets and distributed infrastructure that operate in converged architectures and softwaredefined data centers.
Report Includes :
45 data tables and 32 additional tables
An overview of the global market for machine learning
Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
Identification of segments with high growth potential and their future applications
Explanation of major drivers and regional dynamics of the market and current trends within the industry
Detailed profiles of major vendors in the market, including Amazon.com Inc., Alphabet Inc., Baidu Inc., Intel Corp. and Hewlett Packard Enterprise Company
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Report Scope :
In this report, the market has been segmented based on type, deployment, organization size, end-user industries, and geography. The report covers the overview of the global market for machine learning and analyses the market trends, considering the base year of 2016 and estimates for 2017 to 2022. Revenue forecasts from 2017 to 2022 for segmentation based on deployment, organization size, end-user industries, and geography have been estimated with values derived from solutions and service providers' total revenues.
The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends in the machine learning market. The report concludes with an analysis of the machine learning vendor landscape and includes detailed profiles of the major players in the global machine learning market.
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