Machine learning as a service Market
Machine learning as a service Market - Global Industry Assessment & Forecast
Segments Covered
- By Software Tool and Services Software Tools, Data Storage and Archiving, Cloud and Web-based Application Programming Interface (APIs), Others (Model Validator, Decision Report/Predictor/Training, and Report Storage)
- By Service Professional Services, Managed Services
- By Enterprise Applications Marketing and Advertising, Risk Analytics and Fraud Detection, Predictive Maintenance (Pattern recognition & generation, anomaly detection), Augmented Reality (Pattern recognition & generation, object recognition, automated simulation, prediction/recommendation), Network Analytics and Automated Traffic Management (SDN and NFV/ automated traffic generation/ etc.), Others (data classification, recommendation engines, social media and customer analytics, sales lifecycle management)
- By Organization Size SMEs, Large Enterprises
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 4123.45 Million |
Revenue 2030: | USD 58798.08 Million |
Revenue CAGR (2023 - 2030): | 39.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Machine learning as a service in terms of revenue?
-
The global Machine learning as a service valued at USD 4123.45 Million in 2022 and is expected to reach USD 58798.08 Million in 2030 growing at a CAGR of 39.40%.
Which are the prominent players in the market?
-
The prominent players in the market are Microsoft (Washington, US), Amazon Web Services (Washington, US), Hewlett Packard Enterprises (California, US), Google, Inc.(California, US), BigML Inc. (Oregon, US), FICO(California, US), IBM Corporation (New York, US), AT&T (Dallas, US), Fuzzy.ai (Montreal, Canada), Yottamine Analytics (Washington, US), Ersatz Labs (California, US), Sift-Science (California, US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 39.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Machine learning as a service include
- the expansion aimed at understanding customer behavior
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Machine learning as a service in 2022.