Machine Learning As A Services Market size and Key Trends in terms of volume and value 2017-2027 May 2017 Report Id : REP-GB-3220 Status : Ongoing Category : Electronics, Semiconductors, and ICT ©2015 Future Market Insights, All Rights Reserved About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. 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T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2015 Future Market Insights, All Rights Reserved 2 Research Methodology (1/2) Systematic Research Approach 1 Market profiling 2 Formulating discussion guide 3 Developing list of respondents 4 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Data collection PMR conducts interviews with industry experts, industry players, distributors and retailers Data validation Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 6 Data analysis Insights 7 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) Data Collection     Research & Intelligence Data Filter & Analysis Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Actionable Insights A Primary Research       B SOLUTION      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments Primary Research #     Linkedin Zoominfo Salesforce Avention Business Solution Desk Research C Key industry experts Channel study Developments Market dynamics Products Conclusions Company Analysis Secondary Research #     Company websites Company annual reports White papers Financial reports Paid Publications#     Factiva GBI Genios Meltwater # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3 Machine Learning As A Services Market Machine Learning As A Services Market size and Key Trends in terms of volume and value 2017-2027 With recent advances in science and technology, particularly in machine learning, organisations need to adopt more comprehensive analytics strategies rather than basic analytics as large volumes of data is needed to be analyzed. Machine learning draws from numerous fields of study—artificial intelligence, data mining, statistics, and optimization. With the emergence of need for new computing technologies, the machine learning as service market has emerged drastically from the past where an organisation need critical, reliable and faster ways to learn from the data already available and provide insights. The evolution of artificial intelligence enabled researchers to adopt new iterative models for machine learning and when these models are exposed to new data they are able to learn independently. Many organisation are adopting machines learning as a service (MLaaS) rather than in-house development due to various Organizational Challenges like talent scarcity etc., and Data Challenges like need of reliable and quality data. The organisations also face Infrastructure Challenges like lack of proper storage facilities and hardware for computation. Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3220 Market drivers & challenges: Major markets drivers for Machine learning as Service (MLaaS) market increased volume of data and diversity in the data available which need to be studied qualitatively. The other driver for Machine learning as service market was data storage became more affordable and cheaper. ©2015 Future Market Insights, All Rights Reserved 4 Machine Learning As A Services Market The other major market driver for the Machine learning as Service market (MLaaS) is Recommendation systems which are usedacross a wide range of industries, most notably online shopping sites which help organisation to get deeper insights about the customer behavior by helping them discover new and relevant offers thereby leading to stronger customer relationships and higher sales for the business. The other major factor driving Machine learning as Service market (MLaaS) is some organizations need to make important decision during real time where machine learning models provide best predictions. The biggest challenge in adopting Machines Learning as Service (MLaaS) by many organisations was the “cold start” problem wherein they lack the historical data needed to provide recommendations where in organisation first create a feedback lack that test user responses in order to make further recommendations which can improve over time. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3220 Global Machine Learning as a Service Market: Segmentation Global Machine Learning as a Service Market is segmented based on the, type, vertical and region. On basis of Type global Machine Learning as a Service Market can be segmented to Supervised learning, Unsupervised learning, Semi supervised learning and Reinforcement learning web and mobile. ©2015 Future Market Insights, All Rights Reserved 5 Machine Learning As A Services Market On the basis of vertical global Machine Learning as a Service Market is segmented into BFSI, Government, healthcare, retail, energy, transportation and others. On basis of region, global Machine Learning as a Service Market is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). Market Overview: North America region is dominant in Machine Learning as a Service Market due to growing demand from large enterprises and startup companies in North America and followed by Western Europe during the period. Asia-Pacific region is expected to grow at a faster rate during the forecast period. Browse Full Report@ http://www.futuremarketinsights.com/reports/machine-learning-as-a-servicesmarket Key Market Players: Some of the Key players in Machine Learning as a Service Market include Google, Amazon Web Services, IBM Corporation, Microsoft Corporation, SAS Institute Inc., BigML, Inc., DataRobot, Inc., FICO (Fair Isaac Corporation), Yottamine Analytics, LLC, and Algolytics. ©2015 Future Market Insights, All Rights Reserved 6 To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2015 Future Market Insights, All Rights Reserved 7