Machine Learning as a Service (MLaaS) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28 - PowerPoint PPT Presentation

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Machine Learning as a Service (MLaaS) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28

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According to the latest research report by IMARC Group, The global machine learning as a service (MLaaS) market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.0 Billion by 2028, exhibiting a growth rate (CAGR) of 31.2%during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Machine Learning as a Service (MLaaS) Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28


1
Global Machine Learning as a Service (MLaaS)
Market Research and Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Machine Learning as a Service (MLaaS)
Market Research Report 2023-2028 According to
the latest report by IMARC Group, titled "
Machine Learning as a Service (MLaaS) Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the  global
machine learning as a service (MLaaS) market size
reached US 5.7 Billion in 2022. Machine
learning as a service, also known as MLaaS, is a
wide array of machine learning (ML) tools offered
by cloud service providers. Some commonly offered
ML tools include data visualization, natural
language processing (NLP), deep learning,
predictive analytics, speech and face
recognition, and application programming
interfaces (APIs). It offers several benefits,
such as cost-effective data storage, toolkits for
setting up efficient data governance, and
pre-made pipelines for data ingestion. It also
eliminates infrastructural concerns, including
data pre-processing, model training, model
evaluation, and predictions. As a result, MLaaS
is rapidly gaining traction among organizations
and enterprises to meet the dynamic business
requirements, such as personalizing search
results and predicting product demand. Request
for a PDF sample of this report
https//www.imarcgroup.com/machine-learning-as-a-s
ervice-market/requestsample

4
Report Description and Highlights
Report Description
Global Machine Learning as a Service (MLaaS)
Market Trends The rising adoption of
cloud-based solutions, the Internet of Things
(IoT), and automation represents the primary
factor driving the market growth. Besides this,
the escalating demand for consumer behavior
analysis and the surging need for MLaaS to
organize the data efficiently have augmented the
product demand. Additionally, enterprises are
increasingly adopting MLaaS to design virtual
assistants and chatbots, detect manufacturing
defects for quality control, automate business
documentation workflow, and handle NLP tasks.
Along with this, the recent advancements in
virtual technologies, such as virtual assistants,
augmented reality (AR), smart storage management
and logistics, have catalyzed the market growth.
Furthermore, with significant developments in
artificial intelligence (AI) and cognitive
computing, several key players are making heavy
investments to launch innovative ML-based
solutions with enhanced accuracy and
capabilities, thereby accelerating the product
adoption rate. Other factors, including the
shifting inclination toward personalization,
rising information technology (IT) expenditure,
emerging application areas, rapid digitization,
and technological advancements, are also creating
a favorable market outlook.

5
Report Description and Highlights
Report Description
Looking forward, IMARC Group expects the market
value to reach US 31.0 Billion by 2028, growing
at a CAGR of 31.2 during 2023-2028. View Report
TOC, Figures and Tables https//www.imarcgroup.co
m/machine-learning-as-a-service-market

6
Report Description and Highlights
Report Description
  • Key Market Segmentation
  • The research report includes the following
    segments
  • Breakup by Component
  • Software
  • Services
  •  
  • Breakup by Organization Size
  • Small and Medium-sized Enterprises
  • Large Enterprises
  • Breakup by Application
  • Marketing and Advertising
  • Fraud Detection and Risk Management
  • Predictive Analytics
  • Augmented and Virtual Reality
  • Natural Language Processing
  • Computer Vision
  • Security and Surveillance
  • Others


7
Report Description and Highlights
Report Description
  •  
  • Breakup by End User
  • IT and Telecom
  • Automotive
  • Healthcare
  • Aerospace and Defense
  • Retail
  • Government
  • BFSI
  • Other
  • Breakup by Region
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
  •  


8
Report Description and Highlights
Report Description
  •  
  • Competitive Landscape with Key Players
  • Amazon.com Inc
  • Bigml Inc
  • Fair Isaac Corporation
  • Google LLC (Alphabet Inc.)
  • H2O.ai Inc
  • Hewlett Packard Enterprise Development LP
  • Iflowsoft Solutions Inc
  • International Business Machines Corporation
  • Microsoft Corporation
  • MonkeyLearn
  • Sas Institute Inc
  • Yottamine Analytics Inc
  •  


9
Key Questions Answered in the Report
Report Description
  • What was the size of the global machine learning
    as a service (MLaaS) market in 2022?
  • What is the expected growth rate of the global
    machine learning as a service (MLaaS) market
    during 2023-2028?
  • What are the key factors driving the global
    machine learning as a service (MLaaS) market?
  • What has been the impact of COVID-19 on the
    global machine learning as a service (MLaaS)
    market?
  • What is the breakup of the global machine
    learning as a service (MLaaS) market based on the
    component?
  • What is the breakup of the global machine
    learning as a service (MLaaS) market based on
    organization size?
  • What is the breakup of the global machine
    learning as a service (MLaaS) market based on the
    application?
  • What is the breakup of the global machine
    learning as a service (MLaaS) market based on the
    end user?
  • What are the key regions in the global machine
    learning as a service (MLaaS) market?
  • Who are the key players/companies in the global
    machine learning as a service (MLaaS) market?
  •  

10
Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Machine Learning as a
Service (MLaaS) Market    5.1    Market
Overview    5.2    Market Performance    5.3  
 Impact of COVID-19    5.4    Market Forecast

11
Table of Contents
Report Description
6    Market Breakup by Component    6.1  
 Software        6.1.1 Market Trends       
6.1.2 Market Forecast    6.2    Services       
6.2.1 Market Trends        6.2.2 Market
Forecast7    Market Breakup by Organization
Size    7.1     Small and Medium-sized
Enterprises        7.1.1 Market Trends       
7.1.2 Market Forecast    7.2    Large
Enterprises        7.2.1 Market Trends       
7.2.2 Market Forecast 8    Market Breakup by
Application    8.1     Marketing and
Advertising        8.1.1 Market Trends       
8.1.2 Market Forecast     Click here to visit
the complete table of content with list of
figures and tables https//www.imarcgroup.com/mac
hine-learning-as-a-service-market/toc

12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
14
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
15

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