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Global Machine Learning as a Service (MLaaS) Market is by Application (Marketing and Advertisement, Predictive Maintenance, Automated Network Management, Fraud Detection and Risk Analytics), Organization Size (Small and Medium Enterprises, Large Enterprises), End-User (IT and Telecom, Automotive, Healthcare, Aerospace and Defense, Retail, Government, BFSI), Regional Forecasts 2021-2027

October 2021 | 200 pages | ID: G9B4F1934817EN
Bizwit Research & Consulting LLP

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Global Machine Learning as a Service (MLaaS) Market is valued approximately at USD 1.60 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 39.86% over the forecast period 2021-2027. Machine learning (ML) is a branch of artificial intelligence (AI) that involves a wide range of techniques for extracting meaningful models from raw data. It evolved from classical statistics and analysis. It takes skilled professionals to design these solutions since they are based on algorithms, model complexity, and computational complexity. The market growth is driven by the key factors such as growing adoption of Cloud-based Services, IoT and Automation. For instance, as per Statista, by the end of 2020, 79% of corporate respondents have said they were using Amazon Web Services (AWS) for public cloud usage. Hyperscalers, such as Amazon Web Services, Microsoft Azure, and Google Cloud, are among the most popular cloud computing platform providers worldwide. Also, as per the same source, In 2019, the worldwide revenue of the cloud infrastructure services industry was over 96 billion US dollars, with revenues from the preceding months including the fourth quarter of 2020 totaling 129 billion US dollars. Furthermore, the demand for MLaaS is expected to grow significantly over the forecast period, owing to the continuous growth of electronic sensors, linked devices, and equipment in the sector, which is supported by improvements in network connectivity technology. However, Privacy and Data Security Concerns, may impede market growth over the forecast period of 2021-2027.

North America is dominating the market and will continue be one over the projected period owing to the various factors such as growing use of cloud-based solutions by small and medium-sized businesses. Asia-Pacific, on the other hand, would have the greatest CAGR throughout this time period. This is due to the region's growing use of machine learning technologies and continued expansion in the IT sector.

Major market player included in this report are:
Fair Isaac Corporation (FICO)
Microsoft Corporation
Hewlett Packard Enterprise Company
Yottamine Analytics LLC
Amazon Web Services Inc.
Iflowsoft Solutions Inc.
IBM Corporation
SAS Institute Inc.
Google LLC
BigML Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Marketing and Advertisement
Predictive Maintenance
Automated Network Management
Fraud Detection and Risk Analytics
Other Applications
By Organization Size:
Small and Medium Enterprises
Large Enterprises
By End User:
IT and Telecom
Automotive
Healthcare
Aerospace and Defense
Retail
Government
BFSI
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Machine Learning as a Service (MLaaS) Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Machine Learning as a Service (MLaaS) Market, by region, 2019-2027 (USD Billion)
  1.2.2. Machine Learning as a Service (MLaaS) Market, by Application, 2019-2027 (USD Billion)
  1.2.3. Machine Learning as a Service (MLaaS) Market, by Organisation Size, 2019-2027 (USD Billion)
  1.2.4. Machine Learning as a Service (MLaaS) Market, by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET DYNAMICS

3.1. Machine Learning as a Service (MLaaS) Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Growing Adoption of Cloud-based Services
    3.1.1.2. Growing Adoption of IoT and Automation
  3.1.2. Market Restraint
    3.1.2.1. Lack of skilled professionals
    3.1.2.2. Privacy and Data Security Concerns
  3.1.3. Market Opportunities
    3.1.3.1. Increasing Investments in the Healthcare Industry
    3.1.3.2. Emerging Options in Application Areas

CHAPTER 4. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET, BY APPLICATION

5.1. Market Snapshot
5.2. Global Machine Learning as a Service (MLaaS) Market by Application, Performance - Potential Analysis
5.3. Global Machine Learning as a Service (MLaaS) Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
5.4. Machine Learning as a Service (MLaaS) Market, Sub Segment Analysis
  5.4.1. Marketing and Advertisement
  5.4.2. Predictive Maintenance
  5.4.3. Automated Network Management
  5.4.4. Fraud Detection and Risk Analytics
  5.4.5. Other Applications

CHAPTER 6. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET, BY ORGANISATION SIZE

6.1. Market Snapshot
6.2. Global Machine Learning as a Service (MLaaS) Market by Organisation Size, Performance - Potential Analysis
6.3. Global Machine Learning as a Service (MLaaS) Market Estimates & Forecasts by Organisation Size 2018-2027 (USD Billion)
6.4. Machine Learning as a Service (MLaaS) Market, Sub Segment Analysis
  6.4.1. Small and Medium Enterprises
  6.4.2. Large Enterprises

CHAPTER 7. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Machine Learning as a Service (MLaaS) Market by End User, Performance - Potential Analysis
7.3. Global Machine Learning as a Service (MLaaS) Market Estimates & Forecasts by End User 2018-2027 (USD Billion)
7.4. Machine Learning as a Service (MLaaS) Market, Sub Segment Analysis
  7.4.1. IT and Telecom
  7.4.2. Automotive
  7.4.3. Healthcare
  7.4.4. Aerospace and Defence
  7.4.5. Retail
  7.4.6. Government
  7.4.7. BFSI
  7.4.8. Other End Users

CHAPTER 8. GLOBAL MACHINE LEARNING AS A SERVICE (MLAAS) MARKET, REGIONAL ANALYSIS

8.1. Machine Learning as a Service (MLaaS) Market, Regional Market Snapshot
8.2. North America Machine Learning as a Service (MLaaS) Market
  8.2.1. U.S. Machine Learning as a Service (MLaaS) Market
    8.2.1.1. Application breakdown estimates & forecasts, 2018-2027
    8.2.1.2. Organisation Size breakdown estimates & forecasts, 2018-2027
    8.2.1.3. End User breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Machine Learning as a Service (MLaaS) Market
8.3. Europe Machine Learning as a Service (MLaaS) Market Snapshot
  8.3.1. U.K. Machine Learning as a Service (MLaaS) Market
  8.3.2. Germany Machine Learning as a Service (MLaaS) Market
  8.3.3. France Machine Learning as a Service (MLaaS) Market
  8.3.4. Spain Machine Learning as a Service (MLaaS) Market
  8.3.5. Italy Machine Learning as a Service (MLaaS) Market
  8.3.6. Rest of Europe Machine Learning as a Service (MLaaS) Market
8.4. Asia-Pacific Machine Learning as a Service (MLaaS) Market Snapshot
  8.4.1. China Machine Learning as a Service (MLaaS) Market
  8.4.2. India Machine Learning as a Service (MLaaS) Market
  8.4.3. Japan Machine Learning as a Service (MLaaS) Market
  8.4.4. Australia Machine Learning as a Service (MLaaS) Market
  8.4.5. South Korea Machine Learning as a Service (MLaaS) Market
  8.4.6. Rest of Asia Pacific Machine Learning as a Service (MLaaS) Market
8.5. Latin America Machine Learning as a Service (MLaaS) Market Snapshot
  8.5.1. Brazil Machine Learning as a Service (MLaaS) Market
  8.5.2. Mexico Machine Learning as a Service (MLaaS) Market
8.6. Rest of The World Machine Learning as a Service (MLaaS) Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Fair Isaac Corporation (FICO)
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Microsoft Corporation
  9.2.3. Hewlett Packard Enterprise Company
  9.2.4. Yottamine Analytics LLC
  9.2.5. Amazon Web Services Inc.
  9.2.6. Iflowsoft Solutions Inc.
  9.2.7. IBM Corporation
  9.2.8. SAS Institute Inc.
  9.2.9. Google LLC
  9.2.10. BigML Inc.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Machine Learning as a Service (MLaaS) Market, report scope
TABLE 2. Global Machine Learning as a Service (MLaaS) Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 3. Global Machine Learning as a Service (MLaaS) Market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 4. Global Machine Learning as a Service (MLaaS) Market estimates & forecasts by Organisation Size 2018-2027 (USD Billion)
TABLE 5. Global Machine Learning as a Service (MLaaS) Market estimates & forecasts by End User 2018-2027 (USD Billion)
TABLE 6. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Machine Learning as a Service (MLaaS) Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Machine Learning as a Service (MLaaS) Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. U.S. Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. U.S. Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Canada Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Canada Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Canada Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. UK Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. UK Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. UK Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. Germany Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. Germany Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. Germany Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. France Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. France Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. France Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Spain Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Spain Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Spain Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Italy Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. Italy Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Italy Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. ROE Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. ROE Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. ROE Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. China Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. China Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. China Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. India Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. India Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. India Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Japan Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Japan Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Japan Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Australia Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 56. Australia Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. Australia Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. South Korea Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 59. South Korea Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 60. South KoreaMachine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. ROPAC Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 62. ROPAC Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 63. ROPAC Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. Brazil Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 65. Brazil Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 66. Brazil Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Mexico Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 68. Mexico Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 69. Mexico Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. ROLA Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 71. ROLA Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 72. ROLA Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROW Machine Learning as a Service (MLaaS) Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 74. ROW Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 75. ROW Machine Learning as a Service (MLaaS) Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. List of secondary sources used in the study of Global Machine Learning as a Service (MLaaS) Market.
TABLE 77. List of primary sources used in the study of Global Machine Learning as a Service (MLaaS) Market.
TABLE 78. Years considered for the study.
TABLE 79. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Machine Learning as a Service (MLaaS) Market, research methodology
FIG 2. Global Machine Learning as a Service (MLaaS) Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Machine Learning as a Service (MLaaS) Market, key trends 2020
FIG 5. Global Machine Learning as a Service (MLaaS) Market, growth prospects 2021-2027
FIG 6. Global Machine Learning as a Service (MLaaS) Market, porters 5 force model
FIG 7. Global Machine Learning as a Service (MLaaS) Market, pest analysis
FIG 8. Global Machine Learning as a Service (MLaaS) Market, value chain analysis
FIG 9. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Machine Learning as a Service (MLaaS) Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Machine Learning as a Service (MLaaS) Market, regional snapshot 2018 & 2027
FIG 18. North America Machine Learning as a Service (MLaaS) Market 2018 & 2027 (USD Billion)
FIG 19. Europe Machine Learning as a Service (MLaaS) Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Machine Learning as a Service (MLaaS) Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Machine Learning as a Service (MLaaS) Market 2018 & 2027 (USD Billion)
FIG 22. Global Machine Learning as a Service (MLaaS) Market, company market share analysis (2020)


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