The "Machine Learning - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Machine Learning market worldwide is projected to grow by US$20.8 Billion, driven by a compounded growth of 41.7%.
BFSI, one of the segments analyzed and sized in this study, displays the potential to grow at over 43%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9.7 Billion by the year 2025, BFSI will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 47% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$561.9 Million to the region's size and clout in the next 5 to 6 years. Over US$955.4 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, BFSI will reach a market size of US$704.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 39.7% over the next couple of years and add approximately US$3.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Amazon Web Services, Inc.
- Baidu, Inc.
- BigML, Inc.
- Fair Isaac Corporation
- Google LLC
- H2O.ai
- Hewlett Packard Enterprise Development LP (HPE)
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- SAP SE
- SAS Institute, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Machine Learning Market Exhibits Robust Opportunities
- Managed Services Segment to Register Highest Growth
- Cloud Based Deployment to Account for Largest Share
- Percentage Breakdown of Workloads by Deployment Type: 2018 Vs. 2020
- Percentage Breakdown of Public Cloud Drivers: 2018 Vs. 2020
- North American Region to Account for Largest Share
- Global Competitor Market Shares
- Machine Learning Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increased Spending on Machine Learning to Drive Growth
- Total Spending on Machine Learning in Billion USD: 2019
- Technological Advancements in Machine Learning to Drive Growth
- Breakdown of Market Revenues (in Million USD) in the US by Segment: 2014-2025
- Continuous Proliferation of Enterprise Data in Volume to Spur Market Growth
- Growth of Unstructured and Structured Data (in zettabytes): 2010-2020
- Size of Worldwide Datasphere in Zettabyte for Years: 2010-2025
- Increasing Number of Patents to Spearhead Market Growth
- Total Number of Patents Published in Machine Learning by Select Companies
- Myriad Beneficial Offerings of Machine Learning Drive Adoption Rates
- Banking and Finance
- Supply Chain Management
- Healthcare and Life Sciences
- Retail
- Worldwide Retail E-commerce Sales in Billion USD: 2014-2021
- Telecommunications
- Increased Adoption of Machine Learning in Modern Applications
- Skill Shortage to Slowdown Market Prospects in Select Countries
- Total Working Hours for Various Skills in the US and Europe: 2016 and 2030E
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Machine Learning Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Machine Learning Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/7ugdda
View source version on businesswire.com: https://www.businesswire.com/news/home/20200224005571/en/
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