Press release
MLOps Market to Reach USD 22.1 Bn by 2029, emerging at a CAGR of 38.7 percent and forecast 2023-2029
MLOps Market
The research methodology employed in the MLOps market analysis was a blend of primary and secondary research. Interviews with important stakeholders in the industry of leading companies were conducted as part of primary research. These interviews were conducted over the phone, via email, and in person. Secondary research entailed a thorough examination of industry data, company websites, and other pertinent sources of information. The study included a thorough examination of the market's drivers, restraints, opportunities, and challenges. The report comprised a thorough examination of the market's size, growth, and segmentation, as well as a competitive landscape examination. The deployment mode, organization size, industry vertical, component, application, and geography were used to segment the market.
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MLOps Market Research Methodology:
The research methodology adopted for the MLOps market analysis involved a combination of primary and secondary research. Primary research included interviews with key stakeholders in leading industry companies, conducted through phone, email, and in-person meetings. Secondary research entailed extensive analysis of industry reports, company websites, and other relevant information sources. The research offered a comprehensive analysis of the market, covering aspects such as market drivers, restraints, opportunities, and challenges. It included a detailed examination of market size, growth, segmentation, and competitive landscape analysis, considering deployment mode, organization size, industry vertical, component, application, and region.
What are MLOps Market Dynamics:
The MLOps market is significantly driven by the increasing adoption of machine learning across diverse industries, such as healthcare, retail, BFSI, and telecommunications. This adoption has sparked a growing demand for MLOps platforms and services, which aid organizations in effectively managing and deploying their machine learning models. The use of outdated machine learning models is being replaced with updated models, particularly in areas like fraud detection, underwriting, customer management, and more.
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What is MLOps Market Segmentation:
by Deployment Mode
1.On-Premises deployment
1.2Installation of MLOps software
1.3Infrastructure on the customer's premises
2. Cloud-Based Deployment
2.1Use of Cloud InfrastructureServices to host and manage the MLOps platform
by Organization Size
1.Small & Medium Sized enterprises (SMEs)
2.Large Enterprises
by Industry Vertical
1. BFSI
2. Healthcare
3.Retail
4. Telecommunication
5. Others
by Component1
1.Model Deployment
2.Model Training
3. Model Management
4. Data Management
5.Monitoring and Governance
by Applications
1.Fraud Detection
2.Predictive Maintenance
3. Recommendation Engines
4. Others
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Who are MLOps Market Key Players:
โข Microsoft
1. Amazon
2. Google
3. IBM
4. Dataiku
5. Lguazio
6. Databricks
7. DataRobot, Inc.
8. Cloudera
9. Modzy
10. Algorithmia
11. HPE
12. Valohai
13. Allegro AI
14. Comet
15. FloydHub
16. Paperpace
17. Cnvrg.io
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Table of content for the MLOps Market includes:
MLOps Market: Research Methodology
MLOps Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. MLOps Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
MLOps Market Regional Insights:
Currently, North America leads the MLOps market, driven by the presence of major technology companies and startups in the region. The United States is the primary market in North America due to extensive enterprise and startup investments in MLOps to enhance AI capabilities. The region is expected to continue growing due to the rising demand for AI-based solutions in industries like healthcare, finance, and retail.
Europe represents the second-largest MLOps market, propelled by the increasing adoption of AI-based solutions across sectors such as automotive, manufacturing, and healthcare. The United Kingdom and Germany are key markets due to the presence of major technology companies and startups investing in MLOps. The region is set to experience sustained growth as the demand for AI-based solutions rises.
The Asia-Pacific region ranks as the third-largest MLOps market, primarily due to the growing adoption of AI-based solutions in sectors like healthcare, finance, and retail. The region is expected to experience high growth due to increased investments in AI-based solutions and the presence of numerous startups and enterprises in countries like China, Japan, and India.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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