Federated Learning Solutions Market Forecasts and Growth Opportunity By Industry Players: NVIDIA, Cloudera, IBM, Microsoft, Google, Owkin, Intellegens, DataFleets, Edge Delta and more.

Global Federated Learning Solutions Market 2021-2028, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global federated learning solutions market size to grow from USD 117 million in 2023 to USD 201 million by 2028, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.

Top Key Players Profiled in the Federated Learning Solutions Market:
• NVIDIA (US)
• Cloudera (US)
• IBM (US)
• Microsoft (US)
• Google (US)
• Owkin (US)
• Intellegens (UK)
• DataFleets (US)
• Edge Delta (US)
• Enveil (US)
• Lifebit (UK)
• Secure AI Labs (US)
• Sherpa.ai (Spain)
• Decentralized Machine Learning (Singapore)
• Consilient (US)

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“As per AS-IS scenario, among verticals, the manufacturing segment to grow at a the highest CAGR during the forecast period”
The federated learning solutions market is segmented on verticals into BFSI, healthcare and life sciences, retail and eCommerce, energy and utilities, and manufacturing, and other verticals (telecommunications and IT, media and entertainment, and government). As per AS-IS scenario, the healthcare and life sciences vertical is expected to account for the largest market size during the forecast period. Moreover, the manufacturing vertical is expected to grow at the highest CAGR during the forecast period.

“As per AS-IS scenario, among regions, Asia Pacific (APAC) to grow at the highest CAGR during the forecast period”
As per AS-IS scenario, the federated learning solutions market in APAC is projected to grow at the highest CAGR from 2023 to 2028. The increase in the adoption of emerging technologies, such as big data analytics, AI, and IoT, and ongoing developments to introduce data regulations, as well as focus on hyper-personalization and contextual recommendation in support of budding eCommerce markets in key countries such as China, India, and Japan are expected to drive the growth of federated learning solutions in the region.

Breakdown of primary participants’ profile:
• By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
• By Designation: C-Level Executives: 50%, Directors: 30%, and Others: 20%
• By Region: North America: 25%, APAC: 30%, Europe: 30%, MEA: 10%, and Latin America: 5%

Reason to access this report:
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall federated learning solutions market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies.

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This release was published on openPR.