Machine Learning - Global Market Outlook (2019-2027)
Global Machine Learning Market Estimates
According to Stratistics MRC, the Global Machine Learning Market was worth $2.96 billion in 2019 and is predicted to be worth $49.13 billion by 2027, rising at a CAGR of 42.1% over the forecast period. The primary drivers driving market expansion are the increased acceptance of cloud-based services and technological improvements. However, a shortage of competent workers is limiting industry expansion.
Artificial Intelligence (AI) includes Machine Learning (ML) (AI). This scientific idea investigates computational learning, statistics, algorithm models of computers used to do certain tasks without user input, and pattern recognition in AI. In general, it explores and analyses the building of statistical data and algorithms and forecasts based on the examined data. ML applications include optical character recognition (OCR), e-mail filtering, network intruder detection, learning to rank, and computer vision.
End-user demand is expected to be high in the healthcare and life sciences sector due to the increased use of this technology in developing healthcare domains, such as predicting a person's likelihood of death and using it for diagnostics. By region, Asia Pacific will have profitable growth over the projection period due to increased usage in emerging economies with large talent bases, such as China and India, as well as increased acceptance of innovative technologies.
Baidu Inc, Amazon Web Services Inc, BigML Inc, Fair Isaac Corporation, Google Inc, H2o.AI, Hewlett Packard Enterprise Development LP, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, SAP SE, and SAS Institute Inc are some of the key players profiled in the Machine Learning Market.
Services Covered:
• Managed Services
• Professional Services
Deployment Modes Covered:
• On-Premises
• Cloud
Organization Sizes Covered:
• Small & Medium Sized Enterprises (SMEs)
• Large Enterprises
Components Covered:
• Software
• Services
• Hardware
End Users Covered:
• Government and Defense
• Retail
• Healthcare and Life Sciences
• Telecommunications
• Manufacturing
• Banking, Financial Services, and Insurance (BFSI)
• Energy and Utilities
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
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 research includes:
- Market share estimates for regional and country level segments
- Strategic suggestions for new entries
- Includes market statistics for 2018, 2019, 2020, 2024, and 2027.
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
- Strategic advice in major business categories based on market estimates
- Mapping the most common patterns in competitive landscaping
- Profile of the company, including specific strategy, financials, and current developments
- Supply chain trends that track the most recent technology breakthroughs
Offerings for Free Customization:
All purchasers of this report will be eligible for one of the
following free customization options:
• Organizational Profiling
· Extensive profiling of other market participants (up to 3)
o Key Player SWOT Analysis (up to 3)
• Regional Segmentation o Market estimates, forecasts, and CAGR of any important nation of interest to the customer (Note: Depends on feasibility check)
• Competitive Analysis
Key players are compared based on their product portfolio, geographical presence, and strategic relationships.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Machine Learning Market, By Service
5.1 Introduction
5.2 Managed Services
5.3 Professional Services
6 Global Machine Learning Market, By Deployment Mode
6.1 Introduction
6.2 On-Premises
6.3 Cloud
7 Global Machine Learning Market, By Organization Size
7.1 Introduction
7.2 Small & Medium Sized Enterprises (SMEs)
7.3 Large Enterprises
8 Global Machine Learning Market, By Component
8.1 Introduction
8.2 Software
8.3 Services
8.4 Hardware
9 Global Machine Learning Market, By End User
9.1 Introduction
9.2 Government and Defense
9.2.1 Threat Intelligence
9.2.2 Autonomous Defense System
9.2.3 Other Government and Defenses
9.2.3.1 Sustainability
9.2.3.2 Operational Analytics
9.3 Retail
9.3.1 Upsells and Cross Channel Marketing
9.3.2 Segmentation and Targeting
9.3.3 Recommendation Engines
9.3.4 Inventory Planning
9.3.5 Other Retails
9.3.5.1 Customer ROI & Lifetime Value
9.3.5.2 Customization Management
9.4 Healthcare and Life Sciences
9.4.1 Disease Identification and Diagnosis
9.4.2 Drug Discovery/Manufacturing
9.4.3 Image Analytics
9.4.4 Personalized Treatment
9.4.5 Other Healthcare and Life Sciences
9.4.5.1 Clinical Trial Research
9.4.5.2 Epidemic Outbreak Prediction
9.5 Telecommunications
9.5.1 Network Security
9.5.2 Network Optimization
9.5.3 Customer Analytics
9.5.4 Other Telecommunications
9.5.4.1 Digital Assistance/Contact Centers Analytics
9.5.4.2 Marketing Campaign Analytics
9.6 Manufacturing
9.6.1 Demand Forecasting
9.6.2 Predictive Maintenance
9.6.3 Revenue Estimation
9.6.4 Supply Chain Management
9.6.5 Other Manufacturings
9.6.5.1 Root Cause Analysis
9.6.5.2 Telematics
9.7 Banking, Financial Services, and Insurance (BFSI)
9.7.1 Customer Segmentation
9.7.2 Digital Assistance
9.7.3 Fraud and Risk Management
9.7.4 Investment Prediction
9.7.5 Sales and Marketing Campaign Management
9.7.6 Other Banking, Financial Services, and Insurance (BFSI)s
9.7.6.1 Compliance Management
9.7.6.2 Credit Underwriting
9.8 Energy and Utilities
9.8.1 Carbon Emission
9.8.2 Power/Energy Usage Analytics
9.8.3 Seismic Data Processing
9.8.4 Smart Grid Management
9.8.5 Other Energy and Utilities
9.8.5.1 Customer Specific Pricing
9.8.5.2 Renewable Energy Management
9.9 Other Applications
9.9.1 Agriculture
9.9.2 Automotive & Transportation
9.9.3 Education
9.9.4 Education
9.9.5 Law
9.9.6 Media and Entertainment
10 Global Machine Learning Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Amazon Web Services Inc
12.2 Baidu Inc
12.3 BigML Inc
12.4 Fair Isaac Corporation
12.5 Google Inc
12.6 H2o.AI
12.7 Hewlett Packard Enterprise Development LP
12.8 Intel Corporation
12.9 International Business Machines Corporation
12.10 Microsoft Corporation
12.11 SAP SE
12.12 SAS Institute Inc
List of Tables
1 Global Machine Learning Market Outlook, By Region (2018-2027) ($MN)
2 Global Machine Learning Market Outlook, By Service (2018-2027) ($MN)
3 Global Machine Learning Market Outlook, By Managed Services (2018-2027) ($MN)
4 Global Machine Learning Market Outlook, By Professional Services (2018-2027) ($MN)
5 Global Machine Learning Market Outlook, By Deployment Mode (2018-2027) ($MN)
6 Global Machine Learning Market Outlook, By On-Premises (2018-2027) ($MN)
7 Global Machine Learning Market Outlook, By Cloud (2018-2027) ($MN)
8 Global Machine Learning Market Outlook, By Organization Size (2018-2027) ($MN)
9 Global Machine Learning Market Outlook, By Small & Medium Sized Enterprises (SMEs) (2018-2027) ($MN)
10 Global Machine Learning Market Outlook, By Large Enterprises (2018-2027) ($MN)
11 Global Machine Learning Market Outlook, By Component (2018-2027) ($MN)
12 Global Machine Learning Market Outlook, By Software (2018-2027) ($MN)
13 Global Machine Learning Market Outlook, By Services (2018-2027) ($MN)
14 Global Machine Learning Market Outlook, By Hardware (2018-2027) ($MN)
15 Global Machine Learning Market Outlook, By End User (2018-2027) ($MN)
16 Global Machine Learning Market Outlook, By Government and Defense (2018-2027) ($MN)
17 Global Machine Learning Market Outlook, By Threat Intelligence (2018-2027) ($MN)
18 Global Machine Learning Market Outlook, By Autonomous Defense System (2018-2027) ($MN)
19 Global Machine Learning Market Outlook, By Other Government and Defenses (2018-2027) ($MN)
20 Global Machine Learning Market Outlook, By Retail (2018-2027) ($MN)
21 Global Machine Learning Market Outlook, By Upsells and Cross Channel Marketing (2018-2027) ($MN)
22 Global Machine Learning Market Outlook, By Segmentation and Targeting (2018-2027) ($MN)
23 Global Machine Learning Market Outlook, By Recommendation Engines (2018-2027) ($MN)
24 Global Machine Learning Market Outlook, By Inventory Planning (2018-2027) ($MN)
25 Global Machine Learning Market Outlook, By Other Retails (2018-2027) ($MN)
26 Global Machine Learning Market Outlook, By Healthcare and Life Sciences (2018-2027) ($MN)
27 Global Machine Learning Market Outlook, By Disease Identification and Diagnosis (2018-2027) ($MN)
28 Global Machine Learning Market Outlook, By Drug Discovery/Manufacturing (2018-2027) ($MN)
29 Global Machine Learning Market Outlook, By Image Analytics (2018-2027) ($MN)
30 Global Machine Learning Market Outlook, By Personalized Treatment (2018-2027) ($MN)
31 Global Machine Learning Market Outlook, By Other Healthcare and Life Sciences (2018-2027) ($MN)
32 Global Machine Learning Market Outlook, By Telecommunications (2018-2027) ($MN)
33 Global Machine Learning Market Outlook, By Network Security (2018-2027) ($MN)
34 Global Machine Learning Market Outlook, By Network Optimization (2018-2027) ($MN)
35 Global Machine Learning Market Outlook, By Customer Analytics (2018-2027) ($MN)
36 Global Machine Learning Market Outlook, By Other Telecommunications (2018-2027) ($MN)
37 Global Machine Learning Market Outlook, By Manufacturing (2018-2027) ($MN)
38 Global Machine Learning Market Outlook, By Demand Forecasting (2018-2027) ($MN)
39 Global Machine Learning Market Outlook, By Predictive Maintenance (2018-2027) ($MN)
40 Global Machine Learning Market Outlook, By Revenue Estimation (2018-2027) ($MN)
41 Global Machine Learning Market Outlook, By Supply Chain Management (2018-2027) ($MN)
42 Global Machine Learning Market Outlook, By Other Manufacturings (2018-2027) ($MN)
43 Global Machine Learning Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2018-2027) ($MN)
44 Global Machine Learning Market Outlook, By Customer Segmentation (2018-2027) ($MN)
45 Global Machine Learning Market Outlook, By Digital Assistance (2018-2027) ($MN)
46 Global Machine Learning Market Outlook, By Fraud and Risk Management (2018-2027) ($MN)
47 Global Machine Learning Market Outlook, By Investment Prediction (2018-2027) ($MN)
48 Global Machine Learning Market Outlook, By Sales and Marketing Campaign Management (2018-2027) ($MN)
49 Global Machine Learning Market Outlook, By Other Banking, Financial Services, and Insurance (BFSI)s (2018-2027) ($MN)
50 Global Machine Learning Market Outlook, By Energy and Utilities (2018-2027) ($MN)
51 Global Machine Learning Market Outlook, By Carbon Emission (2018-2027) ($MN)
52 Global Machine Learning Market Outlook, By Power/Energy Usage Analytics (2018-2027) ($MN)
53 Global Machine Learning Market Outlook, By Seismic Data Processing (2018-2027) ($MN)
54 Global Machine Learning Market Outlook, By Smart Grid Management (2018-2027) ($MN)
55 Global Machine Learning Market Outlook, By Other Energy and Utilities (2018-2027) ($MN)
56 Global Machine Learning Market Outlook, By Other Applications (2018-2027) ($MN)
57 Global Machine Learning Market Outlook, By Agriculture (2018-2027) ($MN)
58 Global Machine Learning Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
59 Global Machine Learning Market Outlook, By Education (2018-2027) ($MN)
60 Global Machine Learning Market Outlook, By Education (2018-2027) ($MN)
61 Global Machine Learning Market Outlook, By Law (2018-2027) ($MN)
62 Global Machine Learning Market Outlook, By Media and Entertainment (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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