Machine Learning as a Service Market: Countermeasures Of Economic Impact And Marketing Channels To 2017 - 2025
The persistent zest of all organizations is to increase efficiency while maintaining quality, and machine learning as a service has emerged as a tool that can leverage cloud computing services to aid in data visualization, application program interface (API), natural language processing (NLP), face recognition, deep leaning, and predictive analytics. This zest is turning into a boon for the global machine learning as a service (MLaaS) market, in which the demand will be incrementing at an exuberant CAGR of 38.40% during the forecast period of 2017 to 2025, according to an up to date business publication released by Transparency Market Research (TMR). Revenue-wise, the global MLaaS market is estimated to be worth US$19.86 billion by the end of 2025. Consolidated Competitive Landscape The analyst of the TMR publication has notified for a fairly consolidated competitive landscape in the global machine learning as a service market, with leading three companies, viz. Micro...