Machine Learning as a Service Market Industry Size, Trends, Growth, Analysis and Forecast - 2019 to 2025

Machine Learning as a Service (MLaaS) Market was valued at USD 1.0 billion in 2019 and is expected to reach USD 8.48 billion by 2025, at a CAGR of 43% over the forecast period 2019 – 2025

Machine learning (ML), a subfield of artificial intelligence (AI) in its simplest description, spans a broad set of algorithms used to extract useful models from raw data. It was developed from traditional statistics and analysis. Since it revolves around algorithms, model complexity, and computational complexity, the market for machine learning as a service (MLaaS) is in demand. The market requires the use of skilled professionals to develop these solutions.

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Major Players

• Microsoft Corporation
• IBM Corporation
• Google LLC
• SAS Institute Inc.
• Hewlett Packard Enterprise

By Application

• Marketing and Advertisement
• Predictive Maintenance
• Automated Network Management
• Fraud Detection and Risk Analytics
• Other Applications

By Organization Size

• Small and Medium Enterprises
• Large Enterprises

By End User

• IT and Telecom
• Automotive
• Healthcare
• Aerospace and Defense
• Retail
• Government
• BFSI
• Other End Users

A full report of Global Machine Learning as a Service Market is available at: https://www.orionmarketreports.com/machine-learning-as-a-service-mlaas-market/24227/

Scope of the Report

The research study analyzes the global Machine Learning as a Service industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Machine Learning as a Service Market Report

1. What was the Machine Learning as a Service Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Machine Learning as a Service Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Machine Learning as a Service Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.