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Machine Learning Market by Vertical, Deployment Mode, Service, Organization Size, and Region - Global Forecast to 2022 - Research and MarketsThe "Machine Learning Market - Global Forecast to 2022" report has been added to Research and Markets' offering. The global machine learning market 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%. The proliferation of large and multidimensional data sets, rising focus towards solving real-time problems from data along with rising demand for sophisticated algorithm platform and tool is driving the adoption of machine learning across the globe. The major issue in front of most of the organizations while incorporating machine learning in their business process is the lack of skilled employees including analytical talent, and the demand for those who can monitor analytical content is even greater. The service segment in the machine learning market includes professional and managed services. Majority of the companies do not have the expertise to successfully manage infrastructure, and hence, they outsource these services to third-party partners to maintain thelevel of security and safety. The growth of the professional services segment is mainly governed by the complexity of operations and increasing deployment of machine learning solutions. The organization size segment in the machine learning market includes Small and Medium-Sized Enterprises (SMEs) and large enterprises. Emergence in the demand for cloud computing, cloud storage, IoT connected devices, and excessive use of smartphones are some of the prime reasons why large enterprises have turned toward machine learning for processing data. In large enterprises, machine learning has a huge potential for the big data technology in allowing precise decision-making for superior performance. Companies Mentioned
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview And Industry Trends 6 Machine Learning Market Analysis, By Vertical 7 Machine Learning Market Analysis, By Deployment Mode 8 Machine Learning Market Analysis, By Organization Size 9 Machine Learning Market Analysis, By Service 10 Geographic Analysis 11 Competitive Landscape 12 Company Profiles 13 Appendix For more information about this report visit https://www.researchandmarkets.com/research/j2cdbn/machine_learning View source version on businesswire.com: http://www.businesswire.com/news/home/20170921005542/en/ |
