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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
Machine Learning as a Service Market
Global digitization and IoT revolution led to huge data generation from global data sources like internet sites, mobile
applications, big companies and economy. Huge data generated is useless without proper processing and utilization. Many
different machine learning processes and algorithms are developed and used to extract important knowledge from data such
as consumer behavior, weather forecasting, scientific modeling among others. Machine learning as a service is a branch of
artificial intelligence (AI) used for various applications such as data analyzing and to make real-time decisions without any
human interference. Extensive applications of machine learning led many industries to opt for machine learning as a service
to achieve better productivity and efficiency of business.

Many industries are highly benefitted by the adoption of machine learning technology in their business. The finance industry
was using machine learning services for credit checking and fraud investigation. But in past few years with more developed
technology, the financial sector is using machine learning for loan approval and risk assessments. Introduction of
autonomous vehicles to overcome automobile death rates attributed to human error is expected to revolutionize the
automotive industry. In September 2016, Google, Facebook, IBM, Microsoft and Amazon announced partnership on AI
technology to work on AI researches together; later the partnership was joined by Apple too.

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
Market Segmentation
By Services

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•Predictive/Prescriptive Analytics
•Cyber Analytics
•IoT Analytics
•Customer and Social Analytics
By Deployment
•Public Cloud
•Private Cloud
By Applications
•Advertising & Marketing
•Predictive Maintenance
•Automated Network Management
End Users

•IT Sector
•Telecom Industry
•Automotive Sector
•Manufacturing Sector
•Healthcare Sector

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024

Based on Geography
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•North America Interactive Robots Market(U.S. & Canada) {Market Share (%), Market Size (USD Billion)}
•Latin America Interactive Robots Market (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%),
Market Size (USD Billion)}
•Europe Interactive Robots Market (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) {Market

Share (%), Market Size (USD Billion)}
•Asia-Pacific Interactive Robots Market (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of
Asia) {Market Share (%), Market Size (USD Billion)}
•Middle East & Africa Interactive Robots Market (GCC, South Africa, North Africa, RoMEA) {Market Share (%), Market
Size (USD Billion)}

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
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Market Size and Forecast (2016-2024)

Global machine learning as a service market size accounted for USD 0.9 Billion in 2016 and the market is expected
to reach USD 16.4 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual
growth rate of 43.7% over the forecast period i.e. 2016-2024.

Geographically, North America is expected to continue its dominance in the market over the forecast period owing
to strong presence of market players in the region. North America region accounted for more than 40% share in
terms of revenue in 2016. Asia-Pacific region is expected to be the fastest growing region as the adoption rate for
cloud based services and deployment of IoT systems has grown drastically in the region.

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Global Machine Learning as a Service Market Size (USD
Billion), 2016-2024

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
Scope Background
Market Synopsis

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Market Segmentation
Global machine learning as a service industry is segmented as follows:
•By Services (Market Size, Demand Analysis and Growth Analysis)
•By Deployment (Market Size, Demand Analysis and Growth Analysis)
•By Applications (Market Size, Demand Analysis and Growth Analysis)

By Country


North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}



Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}



Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size,
Growth Analysis and Opportunity Analysis}



Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size,
Growth Analysis and Opportunity Analysis}



Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}



Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
Market Dynamics: Growth Drivers, Restraints and Opportunities
oRisk Factors
oRegional Variations
oRecent Trends and Developments

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Key Market Players
oSynopsis
oBusiness Strategy
oProduct Portfolio
oSWOT Analysis
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic
ecosystem
Expert Analysis
Concluding Remarks
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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024
About Goldstein Research
Based in U.S., Goldstein Research is a young business consulting company and market research firm with vast reach

across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to
50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand
presence globally through our quality research and forecasting solutions.

With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a
robust business model and strategies, which would add to your profitability and market visibility as a brand.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep
them well ahead of the game which is the market, and leave a mark across businesses and communities through our
well-defined ideas and clear cut forecasts.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep
them well ahead of the game which is the market, and leave a mark across businesses and communities through our
well-defined ideas and clear cut forecasts.
Published By: Goldstein Research
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Global Machine Learning as a Service Market Outlook 2024:
Global Opportunity & Growth Analysis, 2016-2024

Sample Request

For more information Contact Us:
+1-646-568-7747

99 Wall Street, Suite No:- 527, New York, NY
10005
United States of America

+1-437-886-1181

+44-203-318-6627

Office No:- 504, 5th Floor, C-51, BSI Business
Park,
Sector-62, Noida, PIN:- 201301
India

+91-120-473-0422,
+91-844-785-9968
sales@goldsteinresearch.com

www.goldsteinresearch.com

Published By: Goldstein Research
Copyright

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