Machine Learning Market Professional Survey Report 2017: By Product, Application, Manufacturer, Sales and Segmentation
The global machine learning market is estimated to grow at a CAGR of 49.7% during the forecast period 2017 2025 and accounts for US$ 39.98 Bn in the year 2025.
(EMAILWIRE.COM, April 26, 2018 ) By the end of 2017, the cloud computing industry had achieved significant adoption across all the major industries worldwide. Owing to this trend the companies are anticipated to produce high quality service by adopting cloud-based machine learning services. The machine learning technology is quite expensive and complex to be built in-house by every enterprises. Not every mid-size or to some extent even the large enterprises may not require the full applications of machine learning technology. The specific use of machine learning to the specific use cases for each enterprises is considered as the best business model of machine learning technology. Hence, in coming years, the cloud adoption is further expected to gain high traction and expected to become the priority for each type of enterprises. This impact of cloud-based machine learning services would result with generating multiple opportunities for the competition.
Get Sample Report of Machine Learning Market: http://www.theinsightpartners.com/sample/TIPTE100000804
According to a new market research study titled Machine Learning Market to 2025 Global Analysis and Forecasts by Solution (Software and Services); Deployment Type (Cloud/ MLaaS and On-premise) and End-User (BFSI, Retail, Healthcare, Manufacturing, Government and Others), the global machine learning market was valued at US$ 1.29 Bn in 2016 and is estimated to reach US$ 39.98 Bn by 2025. The report highlights the trends prevalent in the global machine learning market and the factors driving the market along with those that act as deterrents to its growth.
Machine learning is a branch of artificial intelligence that enables machine to develop the ability for self-learning and adaption through experience without being explicitly programmed. It is considered as a method of data analysis that automates analytical model building. Machine learning have been present from decades but not been widely used due to lack of big data it requires for processing. Over the last several decades, enterprises have depend greatly on analytics to provide them with competitive advantage and enable them to be more effective. But, enterprises now wants real time analytics and the capability to transform data into actionable insight. With the universality of data and the apparently vast scalability of cloud-based compute power, machine learning has become a huge trend across industries from last two years. Most of the pilot projects have been conducted in the year 2015 and the industry has started the adopting the real machine learning application in year 2016.
Furthermore, machine learning market has been segmented into end-users as BFSI, Retail, Healthcare, Manufacturing, Government and Others. Each end-user segment is further segmented into their respective machine learning applications. Under BFSI, the machine learning applications include Fraud & Risk Management, Predictive Customer Analytics, Algorithm Trading, and Others. Under the retail sector, the applications include Customer experience & insight, supply & demand planning, and Others. Also, Diagnosis and Treatment Systems, Image Analytics & Diagnosis and Others are application covered under Healthcare sector. Predictive Maintenance and Supply Chain Management applications are included under manufacturing sector. Government Sector includes the machine learning applications such as Fraud & Improper Payments and Public Safety & Security. On the basis of geography, the Machine Learning market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
For more information about this report visit:
http://www.theinsightpartners.com/reports/machine-learning-market
The key players profiled in the report are Google, Inc., Microsoft Corporation, IBM Corporation, SAS Institute Inc., and Amazon Web Services, Inc. Also, Fair Isaac Corporation, Hewlett Packard Inc., SAP SE, BigML, Inc. and H2O.ai are other key companies in the Machine Learning market.
The report segments the global Machine Learning market as follows:
Global Machine Learning Market By Solution
Software
Services
Global Machine Learning Market By Deployment Type
Cloud/MLaaS
On-Premise
Global Machine Learning Market By End-User
BFSI
Fraud & Risk Management
Predictive Customer Analytics
Algorithm Trading
Others
Retail
Customer Experience & Insight
Supply & Demand Planning
Others
Healthcare
Diagnosis and Treatment Systems
Image Analytics & Diagnosis
Others
Manufacturing
Predictive Maintenance
Supply Chain Management
Government
Fraud & Improper Payments
Public Safety & Security
Others
Global Machine Learning Market By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South America (SAM)
Brazil
Get Sample Report of Machine Learning Market: http://www.theinsightpartners.com/sample/TIPTE100000804
According to a new market research study titled Machine Learning Market to 2025 Global Analysis and Forecasts by Solution (Software and Services); Deployment Type (Cloud/ MLaaS and On-premise) and End-User (BFSI, Retail, Healthcare, Manufacturing, Government and Others), the global machine learning market was valued at US$ 1.29 Bn in 2016 and is estimated to reach US$ 39.98 Bn by 2025. The report highlights the trends prevalent in the global machine learning market and the factors driving the market along with those that act as deterrents to its growth.
Machine learning is a branch of artificial intelligence that enables machine to develop the ability for self-learning and adaption through experience without being explicitly programmed. It is considered as a method of data analysis that automates analytical model building. Machine learning have been present from decades but not been widely used due to lack of big data it requires for processing. Over the last several decades, enterprises have depend greatly on analytics to provide them with competitive advantage and enable them to be more effective. But, enterprises now wants real time analytics and the capability to transform data into actionable insight. With the universality of data and the apparently vast scalability of cloud-based compute power, machine learning has become a huge trend across industries from last two years. Most of the pilot projects have been conducted in the year 2015 and the industry has started the adopting the real machine learning application in year 2016.
Furthermore, machine learning market has been segmented into end-users as BFSI, Retail, Healthcare, Manufacturing, Government and Others. Each end-user segment is further segmented into their respective machine learning applications. Under BFSI, the machine learning applications include Fraud & Risk Management, Predictive Customer Analytics, Algorithm Trading, and Others. Under the retail sector, the applications include Customer experience & insight, supply & demand planning, and Others. Also, Diagnosis and Treatment Systems, Image Analytics & Diagnosis and Others are application covered under Healthcare sector. Predictive Maintenance and Supply Chain Management applications are included under manufacturing sector. Government Sector includes the machine learning applications such as Fraud & Improper Payments and Public Safety & Security. On the basis of geography, the Machine Learning market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
For more information about this report visit:
http://www.theinsightpartners.com/reports/machine-learning-market
The key players profiled in the report are Google, Inc., Microsoft Corporation, IBM Corporation, SAS Institute Inc., and Amazon Web Services, Inc. Also, Fair Isaac Corporation, Hewlett Packard Inc., SAP SE, BigML, Inc. and H2O.ai are other key companies in the Machine Learning market.
The report segments the global Machine Learning market as follows:
Global Machine Learning Market By Solution
Software
Services
Global Machine Learning Market By Deployment Type
Cloud/MLaaS
On-Premise
Global Machine Learning Market By End-User
BFSI
Fraud & Risk Management
Predictive Customer Analytics
Algorithm Trading
Others
Retail
Customer Experience & Insight
Supply & Demand Planning
Others
Healthcare
Diagnosis and Treatment Systems
Image Analytics & Diagnosis
Others
Manufacturing
Predictive Maintenance
Supply Chain Management
Government
Fraud & Improper Payments
Public Safety & Security
Others
Global Machine Learning Market By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
South America (SAM)
Brazil
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
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The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results