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The Complete PDF Guide To Machine Learning
Machine Learning Market to 2025
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Availability of massive amount of data is attributing to the growth of the market. The availability of massive amount of data from different data sources is one of the key reasons, which has fueled the growth of machine learning technology. This huge increase in amount of data growing exponentially year-on-year has resulted due to the proliferation of sensors measuring great quantity of data at different parameters. Similarly, with the advancement of IoT, which enabled internet connectivity to a diverse range of devices with embedded technology to communicate and interact with the external environment, the connected devices are increasing exponentially. These connected devices communicates and continuously generating mammoth amount of data every second.
Adoption of robotic process automation:
Surging demand for machine learning is aligned with the progression in global market for Robotic Process Automation (RPA). This is majorly because, RPA along with other digital disruptors comprising of digital labor and advanced software automation is anticipated to significantly drive the new generation of Cloud based facilities that offer virtual workforce. Furthermore, the RPA-enabled machine learning are also expected to move the business services to labor elimination from large – scale and shared – scale labor reduction, accompanied by substantial cost reduction.
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