Global Machine Learning Market 2021-2025 The analyst has been monitoring the machine learning market and it is poised to grow by $ 24.13 bn during 2021-2025, progressing at a CAGR of 43.22% during the forecast period. Our report on the machine learning market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of cloud-based offerings and increasing use of machine learning in customer experience management. In addition, the increasing adoption of cloud-based offerings is anticipated to boost the growth of the market as well. The machine learning market analysis includes the end-user segment and geographic landscape.
The machine learning market is segmented as below: By End-user • BFSI • Retail • Telecommunications • Healthcare • Others
By Geographical Landscape • North America • Europe • APAC • MEA • South America
This study identifies the increasing use of machine learning in predictive analyticsas one of the prime reasons driving the machine learning market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on machine learning market covers the following areas: • Machine learning market sizing • Machine learning market forecast • Machine learning market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading machine learning market vendors that include Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Salesforce.com Inc., SAP SE, and SAS Institute Inc. Also, the machine learning market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Our reports have been used by over 10K customers, including:
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