Machine Learning (ML) Market Detailed Survey and Outlook Report 2021-2031 | IBM Corporation, SAP SE, SAS Institute Inc, Google Inc.

New York, According to a new market research report published by Global Insight Services Machine Learning (ML) Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make predictions with minimal human intervention.

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Key Drivers

The key drivers of the machine learning market are the increasing need for data-driven decision-making, the growing demand for personalization, and the need for better predictive analytics.

The increasing need for data-driven decision-making is driven by the need for organizations to make better decisions faster. In today's competitive landscape, organizations need to be able to make decisions based on data rather than intuition or gut feeling.

The growing demand for personalization is driven by the need for organizations to provide a more personalized experience for their customers.

The need for better predictive analytics is driven by the need for organizations to be able to better forecast future trends and events. Machine learning provides the ability to build models that can predict future events with a high degree of accuracy.

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Key Trends

The key trends in machine learning technology are:

1. More data: The more data that is available, the more accurate machine learning models can be.

2. More computing power: Machine learning requires a lot of computing power in order to train models and make predictions.

Market Segments

The machine learning market is segmented by deployment, end-use, and region. By deployment, the market is classified into cloud, and on-premise. Based on end-use, it is bifurcated into BFSI, retail, telecommunications, manufacturing, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players

The global machine learning market includes players such as IBM Corporation, SAP SE, SAS Institute Inc, Google Inc., Amazon Web Services Inc., Baidu Inc, BigML Inc., Fair Isaac Corporation, Hewlett Packard Enterprise, Microsoft Corporation, and others.

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Reasons to buy Machine Learning (ML) Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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