Press release
Machine Learning as a Service (MLaaS) Market Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2022
The report "Machine Learning as a Service (MLaaS) Market by Component (Software Tools, Services), Organization Size, Application (Marketing, Risk Analytics & Fraud Detection, Predictive Maintenance, Network Analytics), Service and Region - Global Forecast to 2021", The MLaaS market size is estimated to grow from USD 613.4 Million in 2016 to USD 3,755.0 Million by 2021, at a CAGR of 43.7% from 2016 to 2021. The major forces driving this market are the adoption of cloud-based technologies and strong need to understand customer behavior. The high demand for private clouds among enterprises is also promoting cloud-based applications that help boost the adoption of MLaaS solutions in the networking market.Browse 72 market data tables and 51 figures spread through 137 pages and in-depth TOC on “Machine Learning as a Service (MLaaS) Market by Component (Software Tools, Services), Organization Size, Application (Marketing, Risk Analytics & Fraud Detection, Predictive Maintenance, Network Analytics), Service and Region - Global Forecast to 2021”
Download Free PDF Sample Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=183667795
Early buyers will receive 10% customization on reports.
The Small and Medium Businesses (SMBs) segment is expected to grow at the highest CAGR in the MLaaS market during the forecast period
SMBs prefer MLaaS as the data provided by the machine learning application is dynamic. With the help of predictive analytics machine learning, algorithms not only give real-time data but also predict the future. SMBs can use machine learning solutions for fine-tuning their supply chain by predicting a product demand and providing suggestions on the timing and quantity of supplies required in order to meet customers’ expectations.
Read Complete Report @ http://www.marketsandmarkets.com/Market-Reports/machine-learning-as-a-service-market-183667795.html
The professional segment is expected to hold the largest market share in the MLaaS market during the forecast period
A majority of the companies do not have the expertise to successfully manage infrastructure and hence, they outsource these services to third-party partners to maintain a level of security and safety. Professional services include designing, planning, upgrading, and consulting services. The growth of the professional services segment is mainly governed by the complexity of operations and increasing deployment of machine learning solutions. Professional services are categorized into three types, namely, deployment & integration, support & maintenance, and consulting services.
North America is expected to contribute the largest market share and will continue to grow at the highest rate
North America has been the most forward towards adopting Machine Learning Services. Furthermore, this region has been extremely responsive towards adopting the latest technological advancements such as integration technologies with cloud, Big Data within Machine Learning Services. North America is foremost in deploying machine learning services into many applications and domains.
The major vendors in the MLaaS market include Microsoft, Amazon Web Services (AWS), Hewlett Packard Enterprises (HPE), Google, Inc., BigML Inc., FICO and IBM Corporation.
Speak To analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=183667795
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Machine Learning as a Service (MLaaS) Market Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2022 here
News-ID: 722104 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for MLaaS
Synergistic Rise Of Cloud Technologies Fuels Machine Learning As A Service (MLaa …
The Machine Learning As A Service (MLaaS) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Machine Learning As A Service (MLaaS) Market?
In recent times, the market for machine learning as a service (MLaaS) has witnessed substantial growth. The…
Latest Machine Learning as a Service (MLaaS) Market 2022 | Detailed Report
The study provides an in-depth analysis of the major market players in the Machine Learning as a Service (MLaaS) market. It provides a detailed analysis of each segment and driving factors coupled with growth rate analysis. Furthermore, the report also provides regional analysis that offers insights on the market potential across each region to enable market players to leverage market opportunities. The Machine Learning as a Service (MLaaS) research report…
Latest Machine Learning as a Service (MLaaS) Market 2022 | Detailed Report
The Machine Learning as a Service (MLaaS) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Machine Learning as a Service (MLaaS) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview,…
Machine Learning-as-a-Service (MLaaS) Market Technological Breakthroughs by 2026
(United States, Portland): The report presents an in-depth assessment of the Machine Learning-as-a-Service (MLaaS) Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies.
The report also presents forecasts for Machine Learning-as-a-Service (MLaaS) from 2021 till 2026. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on…
2021 MLaaS Market | Machine Learning as a Service Industry Research Report
Whipsmartmi.com offers "Global Machine Learning as a Service (MLaaS) Market 2021-2027" from its research database.
Global Machine Learning as a Service (MLaaS) Market is projected to grow up to USD 2,802.8 million by 2027 growing at a CAGR of 44% during the forecasting period 2021-2027.
The key competitors operating in the market are Google Inc., Hewlett Packard Enterprise, Microsoft Corporation, FICO, Predictron Labs Ltd., SAS Institute Inc., Yottamine Analytics, Amazon Web…
Machine Learning as a Service (MLaaS) Market – Impact Of Covid-19 And On Machi …
CMI, has recently added a concise research on the Machine Learning as a Service (MLaaS) Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline.
Analysis tools such as SWOT analysis and Porter’s five force model have been inculcated in order to…