Title: Machine Learning as a Service (MLaaS) Market
1(No Transcript)
2Machine Learning as a Service (MLaaS) Market
Category TECHNOLOGY
3Summary
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 Compound Annual Growth Rate (CAGR)
of 43.7 from 2016 to 2021. The adoption of
cloud-based technologies, strong need to
understand customer behavior, and advancements in
technologies are increasing the adoption of MLaaS
across end users. MLaaS with the help of pattern
recognition, advanced analytical methodologies,
and APIs is able to make better decisions
4Description of the Report
North America is expected to hold the largest
market share during the forecast period. One of
the prime reasons for this is the increasing
number of Small and Medium Enterprises (SMEs) in
the MLaaS market providing customized services
and solutions. As artificial intelligence is
gaining momentum in North America, small players
are providing machine learning solutions across
multiple verticals as well as applications. Due
to this, many major organizations in the market
are also acquiring the smaller companies.
5Table of Contents
1 Introduction 14 2 Research Methodology 18 3
Executive Summary 26 4 Premium Insights 31 5
Market Overview 34 6 INDUSTRY TRENDS 43 7 MACHINE
LEARNING AS A SERVICE MARKET ANALYSIS, BY
COMPONENT 47
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7Price Chart
Machine Learning as a Service (MLaaS) Market
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