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Machine Learning Market Industry Growth by 2018

Press Release   •   Apr 04, 2018 11:50 IST

Global Machine Learning industry valued approximately USD 1.02 billion in 2016 is anticipated to grow with a healthy growth rate of more than 45.9 % over the forecast period 20172025. Machine learning technology enables the computer system to read and understand the data without applying any explicit code. Machine learning is being readily adopted by organizations to gain competitive advantage as it enables them to enhance customer experience. Major drivers of the market are increasing adoption among end use sectors, exploding big data and the urge of organizations to utilize big data capabilities and technological advancements. However lack of skilled employees is the key factor which is restraining the growth of the market.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and subsegment of the market are explained below:

o Fraud and Risk Management
o Investment Prediction
o Sales and Marketing Campaign Management
o Customer Segmentation
o Digital Assistance
o Others compliance management and credit underwriting

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• Healthcare and Life Sciences
o Disease Identification and Diagnosis
o Image Analytics
o Drug Discovery/Manufacturing
o Personalized Treatment
o Others clinical trial research and epidemic outbreak prediction
• Retail
o Inventory Planning
o Upsell and Cross Channel Marketing
o Segmentation and Targeting
o Recommendation engines
o Others customer ROI and lifetime value, and customization management
• Telecommunication
o Customer Analytics
o Network Optimization
o Network Security
o Others digital assistance/contact centers analytics and marketing campaign analytics
• Government and Defense
o Threat Intelligence
o Autonomous Defense system
o Others sustainability and operational analytics
• Manufacturing
o Predictive Maintenance
o Demand Forecasting
o Revenue Estimation
o Supply Chain Management
o Others root cause analysis and telematics
• Energy and Utilities
o Power/Energy Usage Analytics
o Seismic Data Processing
o Smart Grid Management
o Carbon Emission
o Others customer specific pricing and renewable energy management
• Others Education, Agriculture, Media and Entertainment, and Education

By Service:

  • Professional Services
    • Managed Services
    Deployment Mode:
    • Cloud
    • Onpremises
    Organization Size:
    • SMEs
    • Large Enterprises
  • Regions:

    o North America
    o U.S.
    o Canada
    0 Europe
    o UK
    o Germany
    o Asia Pacific
    o China
    o India
    o Japan
    o Latin America
    o Brazil
    o Mexico
    o Rest of the World

    Furthermore, years considered for the study are as follows:

    • Historical year — 2015
    • Base year — 2016
    • Forecast period — 2017 to 2025

    Some of the key manufacturers involved in the market Microsoft Corporation, SAP SE, Amazon Web Services, Inc, Google Inc, and Bigml, Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

    Target Audience of the Machine Learning Market Study:

    • Key Consulting Companies & Advisors
    • Large, mediumsized, and small enterprises
    • Venture capitalists
    • ValueAdded Resellers VARs
    • Thirdparty knowledge providers
    • Investment bankers
    • Investors

    If you have any special requirements, please let us know and we will offer you the report as you want.

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    Table of content

    Chapter 1. Research Methodology
    1.1. Research Process
    1.1.1. Data Mining
    1.1.2. Analysis
    1.1.3. Market Estimation
    1.1.4. Validation
    1.1.5. Publishing
    1.2. Research Assumption
    Chapter 2. Global Machine Learning Market Definition & Scope
    2.1. Objective of The Study
    2.2. Market Definition
    2.3. Scope of The Study
    2.4. Years Considered for The Study
    2.5. Currency Conversion Rates
    2.6. Report Limitation
    Chapter 3. Executive Summary
    3.1. Key Trends
    3.2. Global & Segmental Market Estimates & Forecasts, 20152025 USD Billion/Million
    Chapter 4. Global Machine Learning Industry Dynamics
    4.1. Growth Prospects
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.2. Industry Analysis
    4.2.1. Porter’s 5 Force Model
    4.2.2. PEST Analysis
    4.2.3. Value Chain Analysis
    4.3. Analyst Recommendation & Conclusion
    Chapter 5. Global Machine Learning Market by Transmission Type
    5.1. Market Snapshot
    5.2. Machine Learning Market, Sub Segment Analysis
    5.2.1. Automatic Market estimates & forecasts, 20152025 USD Billion/Million Regional breakdown estimates & forecasts, 20152025 USD Billion/Million
    5.2.2. Manual Market estimates & forecasts, 20152025 USD Billion/Million Regional breakdown estimates & forecasts, 20152025 USD Billion/Million
    Chapter 6. Global Machine Learning Market by Vertical
    6.1. Market Snapshot
    6.2. Machine Learning Market, Sub Segment Analysis
    6.2.1. BFSI Market estimates & forecasts, 20152025 USD Billion/Million

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