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Machine Learning as a Service Market- Global Industry Size, Share, Trends, Opportunities, and Forecast 2018-2028FNEW YORK, Dec. 6, 2022 /PRNewswire/ -- Machine Learning as a Service Market- Global Industry Size, Share, Trends, Opportunities, and Forecast 2018-2028F The ability to analyze real time data online using cloud storage is a benefit.Thanks to cloud computing, data analysis is now possible at any time and location. Businesses may also digitally access critical data from linked data warehouses and save money on infrastructure and storage costs by utilizing cloud and ML, which includes trends in customer behaviour and purchasing.The growth of cloud computing has led to the development of MLaaS industry. AI systems employ ML to speed up learning, self-correction, and reasoning. AI applications include expert systems, speech recognition, and machine vision, to name a few. Hence, AI is becoming increasingly popular as a result of modern initiatives like big data infrastructure and cloud computing. Market Segments Global Machine Learning as a Service Market is segmented into by component, by organization size, by application, by end-user and by region.Based on component, the market is segmented into Solution and Service. Based on Organization Size, the market is segmented into Small and Medium-Sized Enterprises and Large Enterprises.Based on Application, the market is segmented into Marketing & Advertising, Fraud Detection & Risk Management, Computer vision, Security & Surveillance, Predictive analytics, Natural Language Processing, Augmented & Virtual Reality, Others. Based on End User, the market is further segmented into IT and Telecom, Automotive, Healthcare, Aerospace and Defense, Retail, Government, BFSI. Market Players Major market players in the Global Machine Learning as a Service Market are Google Inc, SAS Institute Inc, Fair Isaac Corporation, Hewlett Packard Enterprise Development LP, Yottamine Analytics Inc., Amazon Web Services, BigML, Inc., Microsoft Corporation, IBM Corporation, Broadcom Corporation Recent Developments • Inflection AI received one of the largest fundraising rounds for artificial machine learning in June 2022, amounting to USD 225 million. It is said to be a startup for AI and machine learning. Venture capitalists have provided it with equity financing worth USD 225 million. • Vertex AI, a new managed machine learning platform that enables users to maintain and deploy AI models based on client needs, was announced by Google Cloud in May 2021. Report Scope: In this report, Global Machine Learning as a Service Market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Machine Learning as a Service Market, By Component: o Solution o Service • Machine Learning as a Service Market, By Organization Size: o Small and Medium-Sized Enterprises o Large Enterprises • Machine Learning as a Service Market, By Application: o Marketing & Advertising o Fraud Detection & Risk Management o Computer vision o Security & Surveillance o Predictive analytics o Natural Language Processing o Augmented & Virtual Reality o Others • Machine Learning as a Service Market, By End User: o IT and Telecom o Automotive o Healthcare o Aerospace and Defense o Retail o Government o BFSI • Machine Learning as a Service Market, By Region: o North America United States Canada Mexico o Asia-Pacific China Japan India South Korea Australia Rest of Asia-Pacific o Europe Germany UK France Italy Spain Rest of Europe o MEA Saudi Arabia UAE South Africa Rest of MEA o South America Brazil Argentina Colombia Rest of South America Competitive Landscape Company Profiles: Detailed analysis of the major companies present in Global Machine Learning as a Service Market. Available Customizations: Global Machine Learning as a Service Market with the given market data, Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information • Detailed analysis and profiling of additional market players (up to five). Read the full report: https://www.reportlinker.com/p06370196/?utm_source=PRN 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 View original content:https://www.prnewswire.com/news-releases/machine-learning-as-a-service-market--global-industry-size-share-trends-opportunities-and-forecast-2018-2028f-301694408.html SOURCE Reportlinker |