Machine Learning is a part of Artificial Intelligence that contributes computers the capability to learn without being programmed. It primarily focuses on the advancement of the computers programs that can be changed when exposed to novel data. The machine learning holds the highest CAGR of 44.86% during the forecast period 2019-2025. Increasing in technological advancements and emerging in data generation are the major factors for the increasing growth of machine learning market. However, lack of skilled employees is hampering the growth of the global machine learning market. Increasing demand for intelligent business processes and growing adoption in modern applications are creating more number of opportunities during the forecast period.

Research Study Objectives:

• Define, estimate, and forecast the machine learning market statistics by service, organization size, deployment model, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the machine learning market growth
• Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific, South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Machine Learning Market Analysis Report.
• Analysis and conclusions on the future machine learning market outlook.

Top-down and bottom-up approaches are used to validate the machine learning market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The machine learning market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the machine learning market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The machine learning market segmentation is as follows:

By Service

• Professional Services
• Managed Services

By Deployment Model

• Hosted
• On-Premises

By Organisation size

• Small & Medium Enterprise
• Large Enterprise

By End-user

• Machine Learning Applications in BFSI
  • Fraud and Risk Management
  • Customer Segmentation
  • Sales and Marketing Campaign Management
  • Investment Prediction
  • Digital Assistance
  • Others
• Machine Learning Applications in Healthcare and Life Sciences
  • Disease Identification and Diagnosis
  • Image Analytics
  • Personalized Treatment
  • Drug Discovery/Manufacturing
  • Others
• Machine Learning Application in Retail
  • Inventory Planning
  • Recommendation Engines
  • Upsells and Cross Channel Marketing
  • Segmentation and Targeting
  • Others
• Machine Learning Applications in Telecommunications
  • Customer Analytics
  • Network Security
  • Network Optimization
  • Others
• Machine Learning Applications in Government and Defense
  • Autonomous Defense System
  • Threat Intelligence
  • Others
• Machine Learning Applications in Manufacturing
  • Predictive Maintenance
  • Revenue Estimation
  • Demand Forecasting
  • Supply Chain Management
  • Others
• Machine Learning Applications in Energy and Utilities
  • Power/Energy Usage Analytics
  • Seismic Data Processing
  • Carbon Emission
  • Smart Grid Management
  • Others
• Others

Geographical Analysis:

Machine learning market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the machine learning market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Machine Learning Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant machine learning market players, such as
  • SAS Institute Inc.
  • Microsoft Corporation
  • SAP SE
  • Amazon Web Services, Inc.
  • Bigml, Inc.

Along with these companies, many other companies are considered in the report while analysing the global machine learning competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.