Machine Learning as a Service Market to Witness Rapid Development During the Period 2025

Machine learning as a service Market

incorporates a comprehensive range of services and solutions and techniques interrelated closely to artificial intelligence (AI), which performs statistical analysis of input data to understand its current or future relationship and performance. Machine learning makes use of massive amount of input data to deliver improved analytical output while optimizing workflow for varied industry verticals. Machine learning as a service (MLaaS) incorporates range of services that offer machine learning tools through cloud computing services.

Growth in IT expenditure in the emerging nations and technological advancements for workflow optimization fuels the demand for advanced analytical systems, thereby driving the MLaaS market growth. In addition, rise in penetration of cloud-based solutions, growth associated with artificial intelligence and cognitive computing market, and increase in market for prediction solutions also fuel the demand for machine learning as a service market. However, dearth of trained professionals is expected to restrain the MLaaS market growth during the forecast period. Furthermore, increased application areas for MLaaS is expected to create lucrative opportunities for market expansion.

Request a Report Sample with Toc and figures to click here:

Improved productivity, diversified application areas, increased customer satisfaction, and big data integration drive the artificial intelligence (AI) market. Cognitive computing, with the help of different technologies such as natural language processing, machine learning and automated reasoning, translates unstructured data to sense, infer, and predict the best solution. Cognitive computing is majorly used in BFSI, healthcare, security, retail, e-commerce, and other sectors. Increase in volume of unstructured data and advancements in technology majorly drive the cognitive computing market. AI has different application areas across media & advertising, finance, retail, healthcare, automotive & transportation, agriculture, law, educational institutions, oil & gas, and other industries. The impact of this factor is expected to be higher in future, since machine-learning algorithms are anticipated to be used for preventing payment frauds and cyberterrorism. Furthermore, AI is estimated to have a strong impact on healthcare advancements and lead to more accurate treatments and prevention of medical conditions.

Machine Learning as a Service Market Key Segments:

By Component



By Organization Size

Large Enterprises

Small & Medium Enterprises

By End-Use Industry

Aerospace & Defence

IT & Telecom

Energy & Utilities

Public sector






Request for enquiry on This Report at:

By Application

Marketing & Advertising

Fraud Detection & Risk Management

Predictive analytics

Augmented & Virtual reality

Natural Language processing

Computer vision

Security & surveillance


By Region:

North America


Asia-Pacific (APAC)

Rest of the World (RoW)

Key Players:

The prominent players in the Machine Learning Market are – Google Inc. (U.S.), Facebook (U.S), ,IBM Watson (U.S.), Baidu (China), Apple (U.S), Microsoft (U.S.), Cisco(U.S.), Wipro(India), and Nuance Communications(U.S.) , Amazon (U.S) , Intel (U.S.).

Browse more detail information about this report visit at:

About Us:

Market Growth Analysis is one of the leading digital services provider and a result-oriented company based in Canada. We are a team of enthusiastic-driven individuals with top notch skills in SEO , Market research. Market Growth Analysis is a one stop shop to all your business needs. We help you thrive and succeed. We provide research solution.

Our digital and enterprise research assurance solutions are ideal for Automotive & Transportation, Electronics & Semiconductor, Chemicals & Materials, Healthcare, Pharmaceuticals & Medical Devices, Food & Beverage and Industrial Automation as well as all type of other leading industries verticals . We offer a vast line of in-depth study of industry trends including customized & client oriented specific requirement.

Our unique digital platform provides the services across the quality assurance research lifecycle on a 24X7 basis and delivers an unparalleled end-user experience for ‘mission critical’ products.

For any business solution, all you have to do is just ask and Market Growth Analysis will have a curated solution for you.

Contact US:

Unit 15A/7, capsquare residence

NO.02 persiaran capsquare

kuala lumpur, Malaysia

Postcode - 5000