Machine Learning As A Services Market 4

Machine Learning As A Services Market size and Key
Trends in terms of volume and value 2017-2027
May 2017
Report Id : REP-GB-3220
Status : Ongoing
Category : Electronics, Semiconductors, and ICT
©2015 Future Market Insights, All Rights Reserved
About
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities




Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
Customized Research
Syndicated Research
Investment Research
Social Media Research
Sector Coverage




Automotive and Transportation
Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment




Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
©2015 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
3
Developing list of respondents
4
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
5
6
Data analysis
Insights
7
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection




Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
A
Primary
Research






B
SOLUTION





Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #




Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #




Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#




Factiva
GBI
Genios
Meltwater
# includes sources of databases
©2015 Future Market Insights, All Rights Reserved
3
Machine Learning As A Services Market
Machine Learning As A Services Market size and Key Trends in terms of volume and value 2017-2027
With recent advances in science and technology, particularly in machine learning, organisations need to
adopt more comprehensive analytics strategies rather than basic analytics as large volumes of data is
needed to be analyzed. Machine learning draws from numerous fields of study—artificial intelligence,
data mining, statistics, and optimization. With the emergence of need for new computing technologies,
the machine learning as service market has emerged drastically from the past where an organisation
need critical, reliable and faster ways to learn from the data already available and provide insights. The
evolution of artificial intelligence enabled researchers to adopt new iterative models for machine learning
and when these models are exposed to new data they are able to learn independently.
Many organisation are adopting machines learning as a service (MLaaS) rather than in-house
development due to various Organizational Challenges like talent scarcity etc., and Data Challenges like
need of reliable and quality data. The organisations also face Infrastructure Challenges like lack of proper
storage facilities and hardware for computation.
Request Report [email protected] http://www.futuremarketinsights.com/reports/sample/rep-gb-3220
Market drivers & challenges:
Major markets drivers for Machine learning as Service (MLaaS) market increased volume of data and
diversity in the data available which need to be studied qualitatively. The other driver for Machine
learning as service market was data storage became more affordable and cheaper.
©2015 Future Market Insights, All Rights Reserved
4
Machine Learning As A Services Market
The other major market driver for the Machine learning as Service market (MLaaS) is Recommendation
systems which are usedacross a wide range of industries, most notably online shopping sites which help
organisation to get deeper insights about the customer behavior by helping them discover new and
relevant offers thereby leading to stronger customer relationships and higher sales for the business.
The other major factor driving Machine learning as Service market (MLaaS) is some organizations need to
make important decision during real time where machine learning models provide best predictions.
The biggest challenge in adopting Machines Learning as Service (MLaaS) by many organisations was the
“cold start” problem wherein they lack the historical data needed to provide recommendations where in
organisation first create a feedback lack that test user responses in order to make further
recommendations which can improve over time.
Request For [email protected] http://www.futuremarketinsights.com/toc/rep-gb-3220
Global Machine Learning as a Service Market: Segmentation
Global Machine Learning as a Service Market is segmented based on the, type, vertical and region.
On basis of Type global Machine Learning as a Service Market can be segmented to Supervised learning,
Unsupervised learning, Semi supervised learning and Reinforcement learning web and mobile.
©2015 Future Market Insights, All Rights Reserved
5
Machine Learning As A Services Market
On the basis of vertical global Machine Learning as a Service Market is segmented into BFSI, Government,
healthcare, retail, energy, transportation and others.
On basis of region, global Machine Learning as a Service Market is segmented into North America, Latin
America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East
and Africa (MEA).
Market Overview:
North America region is dominant in Machine Learning as a Service Market due to growing demand from
large enterprises and startup companies in North America and followed by Western Europe during the
period. Asia-Pacific region is expected to grow at a faster rate during the forecast period.
Browse Full [email protected] http://www.futuremarketinsights.com/reports/machine-learning-as-a-servicesmarket
Key Market Players:
Some of the Key players in Machine Learning as a Service Market include Google, Amazon Web
Services, IBM Corporation, Microsoft Corporation, SAS Institute Inc., BigML, Inc., DataRobot, Inc., FICO
(Fair Isaac Corporation), Yottamine Analytics, LLC, and Algolytics.
©2015 Future Market Insights, All Rights Reserved
6
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
[email protected]
For media queries, contact the press office at
[email protected]
For other queries contact:
Harish Tiwari
(General Manager & Global Head Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
©2015 Future Market Insights, All Rights Reserved
7