Market Research Future (MRFR), in its recently published research report, asserts that the global machine learning as a service (MLaaS) market is booming and expected to grow exponentially by 2022, registering a striking CAGR throughout the forecast period 2015-2022. MRFR also predicts that the global machine learning as a service (MLaaS) market might reach approximately USD 4630 million, registering a stellar 40% CAGR throughout the period.Segmental Analysis
The global Machine Learning as a Service Companies has been analyzed on the basis of component, application, deployment, and end-user.
Based on the Component, the global machine learning as a service (MLaaS) market has been segmented into Cloud APIs, Software tools, Web-based APIs
ON the basis of the Application, the machine learning as a service (MLaaS) market has been segmented into Predictive maintenance, Network analytics, Augmented reality
Based on the deployment, the global market for machine learning as a service (MLaaS) has been bifurcated into on-cloud and on-premise.
ON the basis of the end-user, the machine learning as a service (MLaaS) market has been segmented into BFSI, healthcare, manufacturing, transportation, retail, government, transportation, telecom, government, and others.
Competitive Analysis
The major market players operating in the global market as identified by Microsoft (U.S.), Yottamine Analytics (U.S.), BigML (U.S.), Google (U.S.), IBM (U.S.), Ersatz Labs, Inc. (U.S.), AT&T (U.S.), Amazon Web Services (U.S.), Fuzzy.ai (Canada), and Sift Science, Inc. (U.S.).
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