Global Machine Learning As A Service Market Report 2024

Machine Learning As A Service Global Market Report 2024 – By Component (Solution, Services), By Organization ( Small And Medium-Sized Enterprises, Large Enterprises), By Application (Marketing And Advertising, Fraud Detection And Risk Management, Computer Vision, Security And Surveillance, Predictive Analytics, Natural Language Processing, Augmented And Virtual Reality, Other Applications), By Industry Vertical (Banking, Financial Services And Insurance (BFSI), IT And Telecom, Automotive, Healthcare, Aerospace And Defense, Retail, Government, Other Industry Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Machine Learning As A Service Global Market Report 2024

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Machine Learning As A Service Market Definition And Segments

Machine learning as a service refers to the delivery of machine learning capabilities and tools as cloud-based services. It allows individuals and organizations to access and use machine learning algorithms, models, and infrastructure without the need for significant investment in hardware, software, or expertise in machine learning.

The main components of machine learning as a service are solutions and services. The solution allows businesses and developers to access and use machine-learning capabilities without investing in developing and maintaining their own machine-learning infrastructure. The organizations involved are small and medium-sized enterprises and large enterprises that are used for marketing and advertising, fraud detection and risk management, computer vision, security and surveillance, predictive analytics, natural language processing, augmented and virtual reality, and other applications by banking, financial services and insurance (BFSI), IT and telecom, automotive, healthcare, aerospace and defense, retail, government, and other industry verticals.

The machine learning as a service market covered in this report is segmented –

1) By Component: Solution, Services

2) By Organization: Small And Medium-Sized Enterprises, Large Enterprises

3) By Application: Marketing And Advertising, Fraud Detection And Risk Management, Computer Vision, Security And Surveillance, Predictive Analytics, Natural Language Processing, Augmented And Virtual Reality, Other Applications

4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), IT And Telecom, Automotive, Healthcare, Aerospace And Defense, Retail, Government, Other Industry Verticals

The machine learning as a service market size has grown exponentially in recent years. It will grow from $8.18 billion in 2023 to $11.21 billion in 2024 at a compound annual growth rate (CAGR) of 37.0%. The  growth in the historic period can be attributed to advancements in machine learning algorithms, increased data availability, rise in adoption of cloud computing, business need for predictive analytics, demand for automated machine learning.

The machine learning as a service market size is expected to see exponential growth in the next few years. It will grow to $38.94 billion in 2028 at a compound annual growth rate (CAGR) of 36.5%. The growth in the forecast period can be attributed to industry-specific solutions, emergence of explainable ai, focus on edge computing, expansion of natural language processing (nlp), ai integration with internet of things (iot). Major trends in the forecast period include global adoption of industry 4.0, integration with big data technologies, explainable ai (xai) integration, federated learning for privacy preservation, vertical-specific solutions.

Accelerating Demand For Artificial Intelligence Fuels Machine Learning As A Service Market Growth

The increasing demand for artificial intelligence (AI) is expected to propel the growth of machine learning as a service market going forward. Artificial intelligence (AI) is the development of computer systems that can do activities that normally require human intelligence. AI plays an important role in machine learning as a service (MLaaS) by enabling automated model training, prediction, and continuous optimization, enhancing the accessibility and efficiency of machine learning for diverse applications. For instance, in May 2022, according to the IBM Global AI Adoption Index 2022 by IBM, a US-based technology corporation, a poll conducted of 7,502 businesses found that, 35–36% of global companies were already implementing AI, and 42–64% were exploring its potential. 64% of businesses believe that AI will improve business productivity, and 42% believe it will streamline job processes. AI adoption is growing steadily, up 4% from 2021. Therefore, the increasing demand for artificial intelligence is driving the growth of the machine learning as a service market.

Major companies operating in the machine learning as a service market report are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation (IBM), Oracle Corporation, Rockwell Automation, SAS Institute Inc., Fair Isaac Corporation (FICO), Hewlett Packard Enterprise, Databricks Inc., TIBCO Software Inc., Cloudera Inc., Dataiku, Domino Data Lab, CognitiveScale, Sift Science Inc., Iflowsoft Solutions Inc., Seldon Technologies Limited, BigML Inc., Monkeylearn Inc., Neural Designer, Datatron, H2O.ai Inc., Verta AI, Yottamine Analytics, Explorium, Paperspace

Focus On Innovative Solutions To Drive Efficiency

Major companies operating in the machine learning as a service market are developing innovative products, such as the Watsonx platform, to gain a competitive edge in the market. Watson is a cognitive computing platform that uses artificial intelligence and machine learning to analyze large volumes of data and provide insights, predictions, and natural language interaction capabilities for a variety of applications. In July 2023, International Business Machines Corporation (IBM), a US-based technology company, launched the Watsonx platform, which is designed to power next-generation foundation models for businesses. The platform includes a studio for creating new models, generative AI and machine learning, a data store built on an open data lakehouse architecture, and a toolkit to speed up AI workflows. It allows organizations to train, adjust, and deploy AI models, including foundation models and machine learning capabilities, throughout their company with trusted data, speed, and governance, all in one location and across any cloud environment.

Microsoft Bolsters Security Portfolio With Acquisition Of RiskIQ

In August 2021, Microsoft Corporation, a US-based technology company, acquired RiskIQ for an undisclosed amount. The acquisition enables Microsoft to expand its security business and provide better protection to organizations running hybrid workloads. The acquisition will enable Microsoft to offer better protection to its customers by providing additional data to its Microsoft Defender security platform. RiskIQ is a US-based cybersecurity company that specializes in providing machine learning services such as malware and spyware monitoring and digital risk management.

North America was the largest region in the machine learning as a service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machine learning as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the machine learning as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The machine learning as a service market consists of revenues earned by entities by providing services such as predictive modeling, image recognition, and recommendation systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The machine learning as a service market research report is one of a series of new reports from The Business Research Company that provides machine learning as a service market statistics, including machine learning as a service industry global market size, regional shares, competitors with machine learning as a service market share, detailed machine learning as a service market segments, market trends, and opportunities, and any further data you may need to thrive in the machine learning as a service industry. This machine learning as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Machine Learning As A Service Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $11.21 billion
Revenue Forecast In 2033 $38.94 billion
Growth Rate CAGR of 36.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Solution, Services
2) By Organization: Small And Medium-Sized Enterprises, Large Enterprises
3) By Application: Marketing And Advertising, Fraud Detection And Risk Management, Computer Vision, Security And Surveillance, Predictive Analytics, Natural Language Processing, Augmented And Virtual Reality, Other Applications
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), IT And Telecom, Automotive, Healthcare, Aerospace And Defense, Retail, Government, Other Industry Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Google LLC; Microsoft Corporation; Amazon Web Services Inc.; International Business Machines Corporation (IBM); Oracle Corporation; Rockwell Automation; SAS Institute Inc.; Fair Isaac Corporation (FICO); Hewlett Packard Enterprise; Databricks Inc.; TIBCO Software Inc.; Cloudera Inc.; Dataiku; Domino Data Lab; CognitiveScale; Sift Science Inc.; Iflowsoft Solutions Inc.; Seldon Technologies Limited; BigML Inc.; Monkeylearn Inc.; Neural Designer; Datatron; H2O.ai Inc.; Verta AI; Yottamine Analytics; Explorium; Paperspace
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Machine Learning As A Service Market Characteristics

    3. Machine Learning As A Service Market Trends And Strategies

    4. Machine Learning As A Service Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Machine Learning As A Service Market Size and Growth

    5.1. Global Machine Learning As A Service Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Machine Learning As A Service Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Machine Learning As A Service Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Machine Learning As A Service Market Segmentation

    6.1. Global Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Solution

    Services

    6.2. Global Machine Learning As A Service Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Small And Medium-Sized Enterprises

    Large Enterprises

    6.3. Global Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Marketing And Advertising

    Fraud Detection And Risk Management

    Computer Vision

    Security And Surveillance

    Predictive Analytics

    Natural Language Processing

    Augmented And Virtual Reality

    Other Applications

    6.4. Global Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banking, Financial Services And Insurance (BFSI)

    IT And Telecom

    Automotive

    Healthcare

    Aerospace And Defense

    Retail

    Government

    Other Industry Verticals

    7. Machine Learning As A Service Market Regional And Country Analysis

    7.1. Global Machine Learning As A Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Machine Learning As A Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Machine Learning As A Service Market

    8.1. Asia-Pacific Machine Learning As A Service Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Machine Learning As A Service Market

    9.1. China Machine Learning As A Service Market Overview

    9.2. China Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Machine Learning As A Service Market

    10.1. India Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Machine Learning As A Service Market

    11.1. Japan Machine Learning As A Service Market Overview

    11.2. Japan Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Machine Learning As A Service Market

    12.1. Australia Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Machine Learning As A Service Market

    13.1. Indonesia Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Machine Learning As A Service Market

    14.1. South Korea Machine Learning As A Service Market Overview

    14.2. South Korea Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Machine Learning As A Service Market

    15.1. Western Europe Machine Learning As A Service Market Overview

    15.2. Western Europe Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Machine Learning As A Service Market

    16.1. UK Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Machine Learning As A Service Market

    17.1. Germany Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Machine Learning As A Service Market

    18.1. France Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Machine Learning As A Service Market

    19.1. Italy Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Machine Learning As A Service Market

    20.1. Spain Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Machine Learning As A Service Market

    21.1. Eastern Europe Machine Learning As A Service Market Overview

    21.2. Eastern Europe Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Machine Learning As A Service Market

    22.1. Russia Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Machine Learning As A Service Market

    23.1. North America Machine Learning As A Service Market Overview

    23.2. North America Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Machine Learning As A Service Market

    24.1. USA Machine Learning As A Service Market Overview

    24.2. USA Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Machine Learning As A Service Market

    25.1. Canada Machine Learning As A Service Market Overview

    25.2. Canada Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Machine Learning As A Service Market

    26.1. South America Machine Learning As A Service Market Overview

    26.2. South America Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Machine Learning As A Service Market

    27.1. Brazil Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Machine Learning As A Service Market

    28.1. Middle East Machine Learning As A Service Market Overview

    28.2. Middle East Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Machine Learning As A Service Market

    29.1. Africa Machine Learning As A Service Market Overview

    29.2. Africa Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Machine Learning As A Service Market Competitive Landscape And Company Profiles

    30.1. Machine Learning As A Service Market Competitive Landscape

    30.2. Machine Learning As A Service Market Company Profiles

    30.2.1. Google LLC

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Microsoft Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Amazon Web Services Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. International Business Machines Corporation (IBM)

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Oracle Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Machine Learning As A Service Market Other Major And Innovative Companies

    31.1. Rockwell Automation

    31.2. SAS Institute Inc.

    31.3. Fair Isaac Corporation (FICO)

    31.4. Hewlett Packard Enterprise

    31.5. Databricks Inc.

    31.6. TIBCO Software Inc.

    31.7. Cloudera Inc.

    31.8. Dataiku

    31.9. Domino Data Lab

    31.10. CognitiveScale

    31.11. Sift Science Inc.

    31.12. Iflowsoft Solutions Inc.

    31.13. Seldon Technologies Limited

    31.14. BigML Inc.

    31.15. Monkeylearn Inc.

    32. Global Machine Learning As A Service Market Competitive Benchmarking

    33. Global Machine Learning As A Service Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Machine Learning As A Service Market

    35. Machine Learning As A Service Market Future Outlook and Potential Analysis

    35.1 Machine Learning As A Service Market In 2028 - Countries Offering Most New Opportunities

    35.2 Machine Learning As A Service Market In 2028 - Segments Offering Most New Opportunities

    35.3 Machine Learning As A Service Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Machine Learning As A Service Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Machine Learning As A Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Machine Learning As A Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Google LLC Financial Performance
  • Table 76: Microsoft Corporation Financial Performance
  • Table 77: Amazon Web Services Inc. Financial Performance
  • Table 78: International Business Machines Corporation (IBM) Financial Performance
  • Table 79: Oracle Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Machine Learning As A Service Market, Segmentation By Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Machine Learning As A Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Machine Learning As A Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Machine Learning As A Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Machine Learning As A Service Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Machine Learning As A Service Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Google LLC Financial Performance
  • Figure 76: Microsoft Corporation Financial Performance
  • Figure 77: Amazon Web Services Inc. Financial Performance
  • Figure 78: International Business Machines Corporation (IBM) Financial Performance
  • Figure 79: Oracle Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the machine learning as a service market?

Machine learning as a service refers to the delivery of machine learning capabilities and tools as cloud-based services. It allows individuals and organizations to access and use machine learning algorithms, models, and infrastructure without the need for significant investment in hardware, software, or expertise in machine learning. For further insights on the machine learning as a service market, request a sample here

How will the machine learning as a service market drivers and restraints affect the machine learning as a service market dynamics? What forces will shape the machine learning as a service industry going forward?

The machine learning as a service market major growth driver - accelerating demand for artificial intelligence fuels machine learning as a service market growth. For further insights on the machine learning as a service market, request a sample here

What is the forecast market size or the forecast market value of the machine learning as a service market ?

The machine learning market size has grown exponentially in recent years. It will grow from $50.2 billion in 2023 to $68.88 billion in 2024 at a compound annual growth rate (CAGR) of 37.2%. The growth in the historic period can be attributed to advancements in algorithms, increasing data availability, computing power enhancement, industry adoption and integration, iot and edge computing integration. The machine learning market size is expected to see exponential growth in the next few years. It will grow to $240.84 billion in 2028 at a compound annual growth rate (CAGR) of 36.7%. The growth in the forecast period can be attributed to explainability and ethical ai concerns, exponential data growth, expansion of edge computing, growing integration of ai and ml, global demand for predictive analytics. Major trends in the forecast period include continued algorithmic innovations, rise of big data technology, automated machine learning (automl), federated learning, integration of ml with other technologies, industry-specific ml solutions. For further insights on the machine learning as a service market, request a sample here

How is the machine learning as a service market segmented?

The machine learning as a service market is segmented
1) By Component: Solution, Services
2) By Organization: Small And Medium-Sized Enterprises, Large Enterprises
3) By Application: Marketing And Advertising, Fraud Detection And Risk Management, Computer Vision, Security And Surveillance, Predictive Analytics, Natural Language Processing, Augmented And Virtual Reality, Other Applications
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), IT And Telecom, Automotive, Healthcare, Aerospace And Defense, Retail, Government, Other Industry VerticalsFor further insights on the machine learning as a service market,
request a sample here

Which region has the largest share of the machine learning as a service market? What are the other regions covered in the report?

North America was the largest region in the machine learning as a service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the machine learning as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the machine learning as a service market, request a sample here.

Who are the major players in the machine learning as a service market?

Major companies operating in the machine learning as a service market report are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation (IBM), Oracle Corporation, Rockwell Automation, SAS Institute Inc., Fair Isaac Corporation (FICO), Hewlett Packard Enterprise, Databricks Inc., TIBCO Software Inc., Cloudera Inc., Dataiku, Domino Data Lab, CognitiveScale, Sift Science Inc., Iflowsoft Solutions Inc., Seldon Technologies Limited, BigML Inc., Monkeylearn Inc., Neural Designer, Datatron, H2O.ai Inc., Verta AI, Yottamine Analytics, Explorium, Paperspace For further insights on the machine learning as a service market, request a sample here.

What are the key trends in the machine learning as a service market?

Major trend in the machine learning as a service market - focus on innovative solutions to drive efficiency. For further insights on the machine learning as a service market, request a sample here.

What are the major opportunities in the machine learning as a service market? What are the strategies for the machine learning as a service market?

For detailed insights on the major opportunities and strategies in the machine learning as a service market, request a sample here.

How does the machine learning as a service market relate to the overall economy and other similar markets?

For detailed insights on machine learning as a service market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the machine learning as a service industry?

For detailed insights on the mergers and acquisitions in the machine learning as a service industry, request a sample here.

What are the key dynamics influencing the machine learning as a service market growth? SWOT analysis of the machine learning as a service market.

For detailed insights on the key dynamics influencing the machine learning as a service market growth and SWOT analysis of the machine learning as a service industry, request a sample here.