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The Global Machine Learning as a Service (MLaaS) market is expected to grow from $ 679.32 million in 2016 to reach $ 7620.18 million by 2023 with a CAGR of 41.2%NEW YORK, March 21, 2018 /PRNewswire/ -- According to Stratistics MRC, the Global Machine Learning as a Service (MLaaS) market is expected to grow from $ 679.32 million in 2016 to reach $ 7620.18 million by 2023 with a CAGR of 41.2%. Rising investments in the healthcare business, emerging multiple options in application areas, enhanced connectivity and enlargement in data from IoT platforms are the current trends in machine learning as a service market. Strong need to recognize consumer behaviour, acceptance of cloud-based technologies, and advancements in technologies are some of the major factors enhancing the market growth. However, the lack of trained consultants to organize machine learning services and government & compliance issues are restraining the growth of MLaaS solutions market. Applications Covered: • Network Analytics and Automated Traffic Management • Augmented Reality • Predictive Maintenance • Fraud Detection and Risk Analytics • Marketing and Advertising • Other Applications End Users Covered: • Education • Automotive and Transportation • Telecom • Banking and Financial Services • Retail and E-Commerce • Media and Entertainment • Insurance • Healthcare • Defense • Other End Users Components Covered: • Services • Software Tools Organization Sizes Covered: • Small and Medium Enterprises • Large Enterprises Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Read the full report: https://www.reportlinker.com/p04519487 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |