Machine Learning Market to 2025 – Global Analysis and Forecasts by Solution (Software,services);Deployment Type(Cloud/MLaaS, On-Premise); and End-User (BFSI, Risk Management,Predictive Customer analytics,Retail) – iCrowdNewswire
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Machine Learning Market to 2025 – Global Analysis and Forecasts by Solution (Software,services);Deployment Type(Cloud/MLaaS, On-Premise); and End-User (BFSI, Risk Management,Predictive Customer analytics,Retail)


Machine Learning Market to 2025 – Global Analysis and Forecasts by Solution (Software,services);Deployment Type(Cloud/MLaaS, On-Premise); and End-User (BFSI, Risk Management,Predictive Customer analytics,Retail)

iCrowd Newswire - Sep 5, 2019

The Global Machine Learning Market accounted for US$ 1,289.5 Mn in 2016 and is expected to grow at a CAGR of 49.7% during the forecast period 2017 – 2025, to account for US$ 39,986.7 Mn in 2025. 

 

With the advancement in computing and storage technology, computing power has increased multi-fold during the last decade. This has created new capabilities for managing and computing the big sets of data and when coupled with machine learning technology, has delivered best insights to the businesses. Availability of massive amount of data, and demand for superior customer service, efficient operations and improve sales revenue are the two key factors significantly driving the growth of machine learning market.

 

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The List of Companies 

1. Amazon Web Services, Inc.
2. Fair Isaac Corporation
3. Google, Inc.
4. Hewlett Packard Enterprise
5. IBM Corporation
6. Microsoft Corporation
7. SAP SE
8. BigML, Inc.
9. H2O.ai
10. SAS Institute

 

Machine Learning Market Insights
Demand for superior customer service, efficient operations, and improved sales revenue
All the industries across the region are embracing IoT, big data, analytics to further explore the use cases for businesses and provide superior customer services, adopt efficient business operations, and improve the sales revenue. The nature of the business is becoming very competitive and to compete efficiently, enterprises nowadays relying more on business analytics. Traditionally, business analytical tools were used to project sales from the data about events that were a week or month old. With the advancement of machine learning technology which learns at real time and provides real-time recommendations or patterns, which helps in offering personalized user experience, computing real-time dynamic pricing, optimizing supply chain management and so on. These features are expected to fuel the machine learning market during the forecast period.

 

Rising adoption of cloud-based machine learning
By the end of 2017, the cloud computing industry had achieved significant adoption across all the major industries worldwide. Owing to this trend the companies are anticipated to produce high-quality service by adopting cloud-based machine learning services. The machine learning technology is quite expensive and complex to be built in-house by every enterprise. Not every mid-size or to some extent even the large enterprises may not require the full applications of machine learning technology. The specific use of machine learning to the specific use cases for each enterprise is considered as the best business model of machine learning technology. Hence, in the coming years, cloud adoption is further expected to gain high traction and expected to become a priority for each type of enterprises. This impact of cloud-based machine learning services would result in generating multiple opportunities for the vendors in machine learning market.

 

Table of Content:

1 Introduction

2 Key Takeaways

3 GEO Satellite Market Landscape

4 GEO Satellite Market – Key Industry Dynamics

5 GEO Satellite Market Analysis- Global

6 GEO Satellite Market Revenue and Forecasts to 2025 – Deployment Model

7 GEO Satellite Market Revenue and Forecasts to 2025 –Type

8 GEO Satellite Market Revenue and Forecasts to 2025 – Organization Size

9 GEO Satellite Market Revenue and Forecasts to 2025 – Application

10 GEO Satellite Market Revenue and Forecasts to 2025 – Geographical Analysis

11 Industry Landscape

12 Competitive Landscape

13 GEO Satellite Market, Key Company Profiles

14 Appendix

 

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Key Benefits of Buying this Research Study:

  1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global GEO Satellite Market
  2. Highlights key business priorities in order to assist companies to realign their business strategies
  3. The key findings and recommendations highlight crucial progressive industry trends in the GEO Satellite Market, thereby allowing players across the value chain to develop effective long term strategies
  4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
  7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

 

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

 

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Keywords:    Machine Learning Market,Machine Learning Market Analysis, Machine Learning Market Scope

Tags:    Research Newswire, English