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Machine Learning As A Service Market By Deployment Model (Cloud-based, On-premise), By Application (Marketing & Advertising, Predictive Maintenance, Augmented Reality, Fraud Detection And Risk Analytics, Network Analytics And Automated Traffic Management, Others), By End-user (Retail, Telecom, Healthcare, Manufacturing, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

Summary
Table Of Content

Market Synopsis

Growing Adoption of Cloud-based Technologies to boost the demand for Machine Learning as a Service Market

The machine learning as a service market worldwide is estimated to grow with a CAGR of 35.4% throughout the forecast period from 2019 to 2027, starting from US$ 1,117.9 Mn in 2018. Growing cloud-based technologies need to understand consumer behavior, and rising technological advancements are the major factors driving the market growth. Massive technological disruptions along with digitization are another factor driving the market growth. Wide industrial applications of MLaaS are one of the major reasons for the market growth. The growth of the Big Data industry and the Internet of Things (IoT) will also boost the demand for the market. Therefore, we assume that the machine learning as a service market will show tremendous growth throughout the forecast period.

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Network Analytics and Automated Traffic Management Segment to be the Fastest Growing Segment

The machine learning as a service market by application is segmented into marketing & advertising, predictive maintenance, augmented reality, fraud detection & risk analytics, and network analytics & automated traffic management. The network analytics & automated traffic management segment will be the fastest growing segment during the forecast period. As machine learning is an essential tool for automated traffic management & network analytics, the segment will grow. In addition, the growth of IT infrastructure and the introduction of Big Data analytics in the segment is another factor for the segment growth. Therefore, we expect that segment will show huge growth in years to come.

The Asia Pacific to be the Fastest Growing

In 2018, North America dominated the machine learning as a service market. North America contributed to around 1/2 of the global market revenue share in the same year. The market growth here is attributed to the rapid adoption of concepts such as Big Data Analytics, IoT, and others, along with the presence of major market players. On the other hand, we assume that the Asia Pacific region will be the fastest-growing region during the forecast period. Rising technological advancements and rapid adoption of cloud-based services in the region are the major factors for the fastest growth of the Asia Pacific. In addition, rising government investments in emerging economies are another factor in the region’s fastest growth.

Some prominent players operating in the machine learning as a service market are Google Inc., Microsoft Corporation, IBM Corporation, Amazon Web Services, FICO, Yottamine Analytics, Ersatz Labs Inc., Prediction Labs Ltd, H2O.ai, and Sift-Science, among others.

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Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The machine learning as a service market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of global machine learning as a service market based on deployment model, application end-user, and geography.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Machine Learning as a Service (MLaaS) Market
2.2. Global MLaaS Market, by Deployment Model, 2018 (US$ Mn)
2.3. Global MLaaS Market, by Application, 2018 (US$ Mn)
2.4. Global MLaaS Market, by End-user, 2018 (US$ Mn)
2.5. Global MLaaS Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global MLaaS Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Machine Learning as a Service (MLaaS) Market, by Deployment Model , 2017-2027 (US$ Mn)
4.1. Overview
4.2. Cloud-based
4.3. On-premise

5. Global Machine Learning as a Service (MLaaS) Market, by Application, 2017-2027 (US$ Mn)
5.1. Overview
5.2. Marketing & Advertising
5.3. Predictive Maintenance
5.4. Augmented Reality
5.5. Fraud Detection and Risk Analytics
5.6. Network Analytics and Automated Traffic Management
5.7. Others (Data Classification, Sales Lifecycle Management, etc.)

6. Global Machine Learning as a Service (MLaaS) Market, by End-user, 2017-2027 (US$ Mn)
6.1. Overview
6.2. BFSI
6.3. Retail
6.4. Telecom
6.5. Healthcare
6.6. Manufacturing
6.7. Others (Aerospace & Defense, Government, etc.)

7. North America Machine Learning as a Service (MLaaS) Market Analysis, 2017-2027 (US$ Mn)
7.1. Overview
7.1.1. North America MLaaS Market Value and Growth, 2017-2027, (US$ Mn)
7.2. North America MLaaS Market Value, By Deployment Model, 2017-2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America MLaaS Market Value, By Application, 2017-2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America MLaaS Market Value, By End-user, 2017-2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America MLaaS Market Value, By Region/Country, 2017-2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe Machine Learning as a Service (MLaaS) Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. Europe MLaaS Market Value and Growth, 2017-2027, (US$ Mn)
8.2. Europe MLaaS Market Value, By Deployment Model, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe MLaaS Market Value, By Application, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe MLaaS Market Value, By End-user, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe MLaaS Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific Machine Learning as a Service (MLaaS) Market Analysis, 2017-2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific MLaaS Market Value and Growth, 2017-2027, (US$ Mn)
9.2. Asia Pacific MLaaS Market Value, By Deployment Model, 2017-2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific MLaaS Market Value, By Application, 2017-2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific MLaaS Market Value, By End-user, 2017-2027 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific MLaaS Market Value, By Region/Country, 2017-2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World Machine Learning as a Service (MLaaS) Market Analysis, 2017-2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World MLaaS Market Value and Growth, 2017-2027, (US$ Mn)
10.2. Rest of the World MLaaS Market Value, By Deployment Model, 2017-2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World MLaaS Market Value, By Application, 2017-2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World MLaaS Market Value, By End-user, 2017-2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World MLaaS Market Value, By Region, 2017-2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. Google Inc.
11.2. Microsoft Corporation
11.3. IBM Corporation
11.4. Amazon Web Services
11.5. FICO
11.6. Yottamine Analytics
11.7. Ersatz Labs Inc.
11.8. Predictron Labs Ltd
11.9. H2O.ai
11.10. Sift-Science

List of Figures

FIG. 1 Global Machine Learning as a Service (MLaaS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global MLaaS Market Segmentation
FIG. 4 Global MLaaS Market, by Deployment Model, 2018 (US$ Mn)
FIG. 5 Global MLaaS Market, by Application, 2018 (US$ Mn)
FIG. 6 Global MLaaS Market, by End User, 2018 (US$ Mn)
FIG. 7 Global MLaaS Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key MLaaS Market Manufacturers, 2018
FIG. 10 Global MLaaS Market, by Cloud-based, Value, 2017–2027 (US$ Mn)
FIG. 11 Global MLaaS Market, by On-premise, Value, 2017–2027 (US$ Mn)
FIG. 12 Global MLaaS Market, by Marketing & Advertising, 2017–2027 (US$ Mn)
FIG. 13 Global MLaaS Market, by Predictive Maintenance, Value, 2017–2027 (US$ Mn)
FIG. 14 Global MLaaS Market, by Augmented Reality, Value, 2017–2027 (US$ Mn)
FIG. 15 Global MLaaS Market, by Fraud Detection and Risk Analytics, Value, 2017–2027 (US$ Mn)
FIG. 16 Global MLaaS Market, by Network Analytics and Automated Traffic Management, Value, 2017–2027 (US$ Mn)
FIG. 17 Global MLaaS Market, by Others (Data Classification, Sales Lifecycle Management, etc.), Value, 2017–2027 (US$ Mn)
FIG. 18 Global MLaaS Market, by BFSI 2017–2027 (US$ Mn)
FIG. 19 Global MLaaS Market, by Retail, Value, 2017–2027 (US$ Mn)
FIG. 20 Global MLaaS Market, by Telecom, 2017–2027 (US$ Mn)
FIG. 21 Global MLaaS Market, by Healthcare, Value, 2017–2027 (US$ Mn)
FIG. 22 Global MLaaS Market, by Manufacturing, 2017–2027 (US$ Mn)
FIG. 23 Global MLaaS Market, by Others (Aerospace & Defense, Government, etc.)Value, 2017–2027 (US$ Mn)
FIG. 24 U.S. MLaaS Market, 2017–2027 (US$ Mn)
FIG. 25 Canada MLaaS Market, 2017–2027 (US$ Mn)
FIG. 26 U.K. MLaaS Market, 2017–2027 (US$ Mn)
FIG. 27 Germany MLaaS Market, 2017–2027 (US$ Mn)
FIG. 28 France MLaaS Market, 2017–2027 (US$ Mn)
FIG. 29 Italy MLaaS Market, 2017–2027 (US$ Mn)
FIG. 30 Rest of Europe MLaaS Market, 2017–2027 (US$ Mn)
FIG. 31 Japan MLaaS Market, 2017–2027 (US$ Mn)
FIG. 32 China MLaaS Market, 2017–2027 (US$ Mn)
FIG. 33 India MLaaS Market, 2017–2027 (US$ Mn)
FIG. 34 Rest of Asia Pacific MLaaS Market, 2017–2027 (US$ Mn)
FIG. 35 Middle East & Africa MLaaS Market, 2017–2027 (US$ Mn)
FIG. 36 Latin America MLaaS Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Machine Learning as a Service (MLaaS) Market
TABLE 2 Global MLaaS Market, by Deployment Model, 2017–2027 (US$ Mn)
TABLE 3 Global MLaaS Market, by Application, 2017–2027 (US$ Mn)
TABLE 4 Global MLaaS Market, by End User, 2017–2027 (US$ Mn)
TABLE 5 Global MLaaS Market, by Geography, 2017–2027 (US$ Mn)
TABLE 6 North America MLaaS Market, by Deployment Model, 2017–2027 (US$ Mn)
TABLE 7 North America MLaaS Market, by Application, 2017–2027 (US$ Mn)
TABLE 8 North America MLaaS Market, by End User, 2017–2027 (US$ Mn)
TABLE 9 North America MLaaS Market, by Country, 2017–2027 (US$ Mn)
TABLE 10 Europe MLaaS Market, by Deployment Model, 2017–2027 (US$ Mn)
TABLE 11 Europe MLaaS Market, by Application, 2017–2027 (US$ Mn)
TABLE 12 Europe MLaaS Market, by End User, 2017–2027 (US$ Mn)
TABLE 13 Europe MLaaS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 14 Asia Pacific MLaaS Market, by Deployment Model, 2017–2027 (US$ Mn)
TABLE 15 Asia Pacific MLaaS Market, by Application, 2017–2027 (US$ Mn)
TABLE 16 Asia Pacific MLaaS Market, by End User, 2017–2027 (US$ Mn)
TABLE 17 Asia Pacific MLaaS Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 18 RoW MLaaS Market, by Deployment Model, 2017–2027 (US$ Mn)
TABLE 19 RoW MLaaS Market, by Application, 2017–2027 (US$ Mn)
TABLE 20 RoW MLaaS Market, by End User, 2017–2027 (US$ Mn)
TABLE 21 RoW MLaaS Market, by Country/Region, 2017–2027 (US$ Mn)

Frequently Asked Questions

What is the size of Machine Learning As A Service Market?

The market for Machine Learning As A Service is expected to reach US$ 1,117.9 Mn in 2027.

What is the Machine Learning As A Service Market CAGR?

The Machine Learning As A Service market is expected to see significant CAGR growth over the coming years, at 35.4%.

What is the Forecast period considered for Machine Learning As A Service Market?

The report is forecasted from 2019-2027.

What is the base year considered for Machine Learning As A Service Market?

The base year of this report is 2018.

Who are the major players in this market?

Google Inc., Microsoft Corporation, IBM Corporation, Amazon Web Services, FICO, Yottamine Analytics, Ersatz Labs Inc., Predictron Labs Ltd, H2O.ai, Sift-Science are some of the major players in the global market.

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