Machine Learning Market worth 8.81 Billion USD by 2022


Free Press Release DB | Press Release Date : Nov 23, 2017  Download


Machine learning market categorizes the global market by vertical as BFSI, healthcare and life sciences, retail, telecommunication, government and defense, manufacturing, energy and utilities, by deployment mode, by service, by organization size, and


Manufacturing, Energy and Utilities), Deployment Mode, Service, Organization Size, and Region - Global Forecast to 2022", The machine learning market size is expected to grow from USD 1.41 Billion in 2017 to USD 8.81 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.1%. Technological advancement and proliferation in data generation are some of the major driving factors for global machine learning market. Furthermore, increasing demand for intelligent business processes and rise in adoption of modern applications are expected to provide opportunities for the growth of the machine learning market.

Browse 71 Market Data Tables and 56 Figures spread through 160 Pages and in-depth TOC on "Machine Learning Market by Vertical (BFSI, Healthcare and Life Sciences, Retail, Telecommunication, Government and Defense, Manufacturing, Energy and Utilities), Deployment Mode, Service, Organization Size, and Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/machine-learning-market-263397704.html
Early buyers will receive 10% customization on this report.

Download PDF Brochure @ http://tinyurl.com/ybe4t5v9

Managed services segment is expected to grow at the highest CAGR during the forecast period

The demand for services is growing with the evolution of the machine learning market. Specifically, managed services are expected to have a fast growth rate during the forecast period. Managed service providers deliver third-party infrastructure services that help organizations to manage their machine learning solutions. Managed service providers take care of all the hardware and software functions, while organizations are only responsible for updating and installing business applications and configuring company policies.

Fraud and risk management application of machine learning in BFSI vertical is expected to be the largest contributor in the global machine learning market during the forecast period

Organizations use machine learning at every opportunity to gather intelligence to fight risk exposures. By using advanced methodological and machine learning services, companies can avoid, address, or quickly recover from major risk events. Fraud and risk management with the help of machine learning algorithm solutions help organizations to identify and analyze potential risks in a particular growth initiative to help organizations mitigate the risks. It enables organizations to mitigate fraudulent cases and make better-informed decisions and strategies.

North America is expected to have the largest market share during the forecast period

North America is the most competitive machine learning market in the world. North America, among all the regions, has shown the maximum adoption of machine learning powered solutions, due to its early implementation in the majority of verticals. The region is expected to hold the highest market share during the forecast period. The US and Canada are projected to extensively implement machine learning solutions.

The machine learning market report encompasses the competitive landscape, which shows the positioning of the 25 key machine learning vendors, based on their strength of product portfolio and business strategy excellence. Some of the major vendors are Microsoft Corporation (Washington, US), IBM Corporation (New York, US), SAP SE (Walldorf, Germany), SAS Institute Inc. (North Carolina, US), Google, Inc. (California, US), Amazon Web Services Inc. (Washington, US), Baidu, Inc. (Beijing, China), BigML, Inc. (Oregon, US), Fair Isaac Corporation (FICO) (California, US), Hewlett Packard Enterprise Development LP (HPE) (California, US), Intel Corporation (California, US), KNIME.com AG (Zurich, Switzerland), RapidMiner, Inc. (Massachusetts, US),  Angoss Software Corporation (Toronto, Canada), H2O.ai (California, US), Alpine Data (California, US), Domino Data Lab, Inc. (California, US), Dataiku (Paris, France), Luminoso Technologies, Inc. (Massachusetts, US), TrademarkVision (Pennsylvania, US), Fractal Analytics Inc. (New Jersey, US),  TIBCO Software Inc. (California, US), Teradata (Ohio, US), Dell Inc. (Texas, US), and Oracle Corporation (California, US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com




Contact Person & Company

Name

:

tejashree patel

Company

:

Marketsandmarkets

Contact Numbers

Telephone No.

:

18886006441

Fax No.

:

Handphone No.

:

Website

Website 1

:

Go To PR Site

Website 2

:

Youtube

:

PR Tags

:

Machine Learning, Artifical Intelligence, Iot, Telecommunication, Technology, Internet Of Things,

Address

630 Dundee Road

Suite 430

60062, Northbrook

IL

United States


Contact The Author



Contact Tejashree Patel






More Press Release From Author



Digital Marketing Software Market projected worth 74.96 Billion USD by 2022


Free Press Release DB :

Digital marketing software market categorizes the global market by component, by software as CRM software, email marketing software, and social media advertising, by service, by deployment type, by organization size, by industry vertical. --> Read This Press Release !



By : tejashree, patel ( Dec 1, 2017 )
Category : Computers and Electronics Press Release | Country : United States Press Release




Spear Phishing Market is expected to grow worth 1,401.6 Million USD by 2022


Free Press Release DB :

Spear Phishing Market categorizes the global market by component as solutions, and services, by deployment type, by organization size, by vertical and by region. --> Read This Press Release !



By : tejashree, patel ( Nov 23, 2017 )
Category : Technology Press Release | Country : United States Press Release




Microsegmentation Market projected to grow worth 2.038.7 Million USD by 2022


Free Press Release DB :

Microsegmentation market categorizes the global market by component as software and services, by security type as network security, database security, and application security, by service, by organization size, by deployment type, by vertical, and by --> Read This Press Release !



By : tejashree, patel ( Nov 21, 2017 )
Category : Technology Press Release | Country : United States Press Release





Read More Articles From Tejashree Patel



Disclaimer

The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.




Report Abuse