Press Releases
 
Machine Learning as a Service Market -An exuberant CAGR of 38.40% during the forecast period of 2017

, 25 October 2018 -- Machine Learning as a Service Market

The persistent zest of all organizations is to increase efficiency while maintaining quality, and machine learning as a service has emerged as a tool that can leverage cloud computing services to aid in data visualization, application program interface (API), natural language processing (NLP), face recognition, deep leaning, and predictive analytics. This zest is turning into a boon for the global machine learning as a service (MLaaS) market, in which the demand will be incrementing at an exuberant CAGR of 38.40% during the forecast period of 2017 to 2025, according to an up to date business publication released by Transparency Market Research (TMR). Revenue-wise, the global MLaaS market is estimated to be worth US$19.86 billion by the end of 2025.

Consolidated Competitive Landscape

The analyst of the TMR publication has notified for a fairly consolidated competitive landscape in the global machine learning as a service market, with leading three companies, viz. Microsoft Corporation, Amazon Web Services, and IBM Corporation collectively held more than 73% of the total shares as of 2016. This being said, a number of regional players have mushroomed in the recent past and the future competitive landscape is expected to be much more fragmented, although the aforementioned three prominent players will continue to dominate in some sense.

Get PDF Sample for Detailed Analysis of this Research @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16907

This prominence of Amazon, Microsoft, and IBM can be attributed to their vast geographical presence and the ability to provide for efficient services if not innovate for new products. These players are also financially equipped to collaborate with or acquire small players in order to maintain their stronghold. As a result, the opening for new players is to carve niche technologies and tools and attract a support from the giants and create a brand name overnight. Some of the other notable players active in the MLaaS market are Google Inc., FICO, Sift Science Inc., Big MI Inc., Yottamine Analytics, Hewlett Packard Enterprise, Fuzzy.ai, Datoin, Predictron Labs Ltd., and H20.ai.

Based on deployment type, the TMR report segments the MLaaS market into private and public cloud, whereas end users studied for their demand potential are retail, manufacturing, telecom, healthcare and life sciences, and banking, financial services, and insurance (BFSI). Region-wise, North America has been highlighted as the one generating the greatest chunk of demand, although Asia Pacific is primed to excel at an above average growth rate.

Download Report TOC for in-depth analysis @ https://www.transparencymarketresearch.com/report-toc/16907

# # #


Submitted by K Singha on Thursday, 25 October 2018 at 8:49 PM
Category: Enterprise Technology
 
Related News

GoSecurity announces integration plans for Blockpass KYC Solution
Monday, 10 Dec 2018

Avail Hard Drive Data Recovery Milwaukee Services For Restoring Data From Failed Hard Drives within
Monday, 10 Dec 2018

9 Key Digital Transformation Statistics for 2018 Infographic
Monday, 10 Dec 2018

Realized Eruptive Growth in Four Years, Wanka Online sprints towards HK Listing Market
Monday, 10 Dec 2018

Pros and Cons of 510 oil cartridge vape pens
Sunday, 9 Dec 2018

Related Events

Palo Alto Networks: IDC Banking and Finance Congress 2018
Tuesday, 11 Dec 2018

Palo Alto Networks: Ultimate Test Drive - Threat Prevention
Tuesday, 11 Dec 2018

Palo Alto Networks: PALO ALTO NETWORKS NEXT GENERATION ULTIMATE TEST DRIVE
Thursday, 13 Dec 2018

Palo Alto Networks: CYBER TUESDAY – CYBER SECURITY BEST PRACTICES – LEVEL 1
Tuesday, 18 Dec 2018

Palo Alto Networks: CYBER TUESDAY – CYBER SECURITY BEST PRACTICES – LEVEL 1
Tuesday, 15 Jan 2019

Latest News

Epoxy Novolac Resins Market to Observe Strong Development by 2026
Tuesday, 11 Dec 2018

Epoxy Novolac Resins Market to Record an Exponential CAGR by 2026
Tuesday, 11 Dec 2018

Epoxy Novolac Resins Market to Record an Exponential CAGR by 2026
Tuesday, 11 Dec 2018

Chemical Licensing Market to Observe Strong Development by 2026
Tuesday, 11 Dec 2018

Mosquito-repellent Paints Market to Rear Excessive Growth During 2026
Tuesday, 11 Dec 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 11 December 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Mayo Clinic Women's Imaging Review Course
  • SPE International Heavy Oil Conference and Exhibition.
  • Antigen-Specific Immune Tolerance Europe Summit
  • International Cannabinoid Derived Pharmaceuticals Summit
  • Intensive Care Society State of the Art Conference (SOA), London 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.