Global Machine Learning Market

Global Machine Learning Market 2019 â&#x20AC;&#x201C; 2026 Publish By: Accurize Market Research

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Global Machine Learning Market is Estimated to Reach $33,517 Million By 2026, Says Accurize Market Research  Global Machine Learning Market Report, published by

Accurize Market Research, forecast that the global market is expected to reach $33,517 Million by 2026 from $1,900 Million in 2018; growing at a CAGR of 44% from 2019 to 2026. North America dominated the global machine learning market in 2018, and anticipated to hold the major market share till 2026. In terms of growth, Asia-Pacific is anticipated to attain the fastest compound annual growth rate (CAGR) during 2019 – 2026.  Request Sample: https ://www.accurizemarketresearch.com/report/machine-learnin g-market/sample-request

Market Introduction and Market Dynamics ď&#x201A;&#x2014; Machine learning is a technology that provides computers with the

ability to learn without being explicitly programmed and is focused on the development of computer programs that can automatically learn when exposed to new data. Instead of extracting data for human

comprehension,

it

uses

the

data

to

improve

the

understanding of the program. ď&#x201A;&#x2014;

The innovative technologies including IoT and big data are giving a new leash to the machine learning practices and are widely used with

many

technologies

such

as

image

recognition,

speech

recognition, face recognition, and risk and fraud detection software.

Copyright ÂŠ 2019 Accurize Market Research sales@accurizemarketresearch.com

Market Introduction and Market Dynamics ď&#x201A;&#x2014; Some of the factors propelling the growth of the market include

availability of massive amount of data, demand for superior consumer service and efficient operation, and proliferation in data generation. However, lack of skilled professionals and rising concerns regarding data security may hamper the market in the coming years. ď&#x201A;&#x2014; Further, increasing demand for intelligent business process

and increasing adoption in modern application would provide several growth opportunities in forecasted years Copyright ÂŠ 2019 Accurize Market Research sales@accurizemarketresearch.com

Market Segmentation and Crisp Analysis  The global machine learning market is segmented into



  

solution, service, deployment, organization size, and industry vertical. By solution, the market is classified into services and software. By services, the market is divided into professional services and managed services. The deployment segment is further segmented into onpremise and cloud-based. By organization size, the classifications covered are large enterprise and small & medium enterprise. By industry vertical, the market is divided into banking & financial services (BFSI), healthcare & life sciences, retail, telecommunication, government & defense, manufacturing, energy & utilities, and other (Includes Education, Agriculture, and Media and Entertainment). Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

Market Segmentation and Crisp Analysis ď&#x201A;&#x2014; Software dominated the solution segment accounting for more

than 70% of the market share, as the market at present is perceiving increased demand, particularly from small & medium organizations, owing to intense competition for improvement of productivity and reduction of operational cost. ď&#x201A;&#x2014; However, the services segment is anticipated to attain the fastest

CAGR during the forecast period. Cloud-based dominated the deployment segment as it can minimize the complexities related to the setting up of the infrastructure and help in rapid innovation. Copyright ÂŠ 2019 Accurize Market Research sales@accurizemarketresearch.com

Regional Segmentation and Crisp Analysis  By geography, the global machine learning market is segmented    

into North America, Europe, Asia-Pacific, and Rest of the World. The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers UK, Germany, France, Italy, and Rest of Europe. China, Japan, South Korea, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes South America, the Middle East, and Africa. North America dominated the global market accounting for the largest market share with around 50% in 2018, owing to increased adoption of machine learning solutions.

Regional Segmentation and Crisp Analysis  The region is largely backed by its ability to provide suitable

infrastructure to the service providers and also by offering wide growth opportunity to the service providers through its rapidly expanding industries.  Asia-Pacific region is projected to attain the fastest CAGR of

45.4% from 2019 – 2026, as the region comprises of some considerably growing countries, which are highly supported by the government investments initiated for the development of artificial intelligence technology. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

Manufacturers Competitive Analysis  Major companies operating in the market are IBM Corporation, SAP SE, SAS

Institute Inc., Google, Inc., Microsoft Corporation, Baidu, Inc., Hewlett Packard Enterprise Development LP, Amazon Web Services Inc., Intel Corporation, and Oracle Corporation, among others.  The machine learning market is highly competitive owing to the number of

loyal brands present in the market.  The few dominant players’ accounts for the majority of the market share.  Companies are frequently investing heavily in research & development to keep

their proper market visibility and maintain profit margins.  For instance, in April 2017, Alphabet Inc., a subsidiary company of Google

Inc. has released its first machine learning chip “‘Tensor Processing Unit (TPU),” which helps in performing computationally intensive tasks, such as voice search and image processing Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

Scope of the Report  The scope of the report covers in-depth analysis of the market in terms

of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries.  Key companies operating in this market and their company profile along

with the market share analysis and competitive scenario is also the part of the report.  Furthermore, different industries clients’ information has been provided

in the report which is very important for the manufacturers.  Manufacturers’ data, including: revenue, shipment, revenue share,

Our Expertise  Destined by the dedicated team of analysts and experts, we are

envisioned to provide you our best in order to plan your next strategic across several industry verticals.  AMR has developed advanced analyst tools and data models to enhance and augment the analysis process. Corresponding to markets, where there is momentous lack of information and estimates, AMR’s team of experts and analyst practice specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates.  These models also allow analysts to inspect the prospects and opportunities existing in the market to achieve specific forecast of the market.  Ask for customization: https ://www.accurizemarketresearch.com/report/machine-learni Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com ng-market/ask-for-customization

Our Expertise  Destined by the dedicated team of analysts and experts, we

are envisioned to provide you our best in order to plan your next strategic across several industry verticals.  AMR has developed advanced analyst tools and data models

to enhance and augment the analysis process.  Corresponding to markets, where there is momentous lack of

information and estimates, AMR’s

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