Global Machine Learning Courses Market 2017-2021

Overview of the global machine learning courses market

Research analysis on the global machine learning courses market identifies that the rising adoption of recommendation systems will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of more than 16% by 2021. Recommendation systems are used across a wide range of industries and is largely popular in companies offering products though online media to gather huge data on customer behavior. This is mainly adopted by e-commerce companies to assist consumers to get recommendation offers on products from different vendors. Additionally, it also assists in building a strong customer relationship and in generating high profitability for businesses. Machine learning concepts play a vital role in the creation of recommendation systems. The rise in online retail has led to an increase in the number of applications using the recommendation systems. This will in turn, fuel the growth of the machine learning courses market due to the increasing R&D activities on search engines by companies in the online retail sector.

The emergence of innovative applications of machine learning have enabled numerous vendors in the machine learning courses market to enhance their course offerings. These courses provide more career opportunities as users can adopt or come up with new technologies in machine learning. With the help of image recognition tools, one of the major companies, TrademarkVision has developed a technology that helps in validating brand logos. The rising awareness and the increase in technological advancements in machine learning will be one of the latest trends that will gain traction in the this market during the coming years.

Competitive landscape and key vendors  

The machine learning courses market witnesses intense competition due to the presence of a substantial number of regional and international vendors. The grwoth potential of the market is quite high and the vendors have the need to follow effective marketing strategies to raise the awareness about machine learning courses among their consumers. Additionally, they should also focus on coming up with different courses on machine learning as there will be a constant demand from learners.

The leading vendors in the market are -

• edX
• Ivy Professional School
• NobleProg
• Udacity

The other prominent vendors in the market are Edvancer, Udemy, Simplilearn, Jigsaw Academy, BitBootCamp, Metis, DataCamp, The Data Incubator, Data Science Retreat, KnowledgeHut, Analytics Training Institute, SlideRule Labs Inc, and Pluralsight.

Segmentation by end-user and analysis of the machine learning courses market

• Academic
• Non-academic

During 2016, the non-academic segment accounted for the major shares of the machine learning courses market. The high demand for machine learning courses from the healthcare industry to identify numerous diseases and the demand from the BFSI sector to assist employees in anti-money laundering activities, will be the major factors contributing to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the machine learning courses market

• APAC
• Europe
• North America
• ROW

This market study estimates that in terms of geographic regions, North America will be the major revenue contributor to the machine learning courses market throughout the forecast period. The rise in number of seminars on machine learning courses and the availability of numerous flexible online courses on machine learning languages, will drive the growth of the market in this region. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global machine learning courses market?
• What are the key market trends impacting the growth of the global machine learning courses market?
• What are the challenges to market growth?
• Who are the key vendors in the global machine learning courses market?
• What are the market opportunities and threats faced by the vendors in the global machine learning courses market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global machine learning courses market?

Technavio also offers customization on reports based on specific client requirement.

Machine learning can be interpreted as a type of artificial intelligence that provides computers with the ability to learn without being programmed. Our market research reports for the education industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like the K12 and higher education sector. This forthcoming industry research report on the global machine learning courses market also offers insights into the major trends and evolving drivers inducing the growth of the K12 and higher education industry.

The market research experts at Technavio consider the market forecast, market size, and increasing demand for various K12 and higher education products and services and offers an all-inclusive picture of the global machine learning courses market for the estimated period of 2017-2021. Additionally, our research practices help clients develop active growth strategies and keep pace with the frequently changing market landscape.

To offer clients the scope to identify possible market opportunities and expand in niche markets, this report on the global machine learning courses market also covers geographies like the North America, Europe, ROW, and APAC. This forthcoming market research report on the global machine learning courses market also covers vendors like Edx, Udacity, and Coursera.

The upcoming industry research report for global machine learning courses market also categorizes the key drivers, major trends, as well as the constraints that the K12 and higher education sector currently experiences. It also presents exclusive insights into the rapidly changing competitive scenario to give clients a realistic picture of the upcoming events within the education industry. Technavio also provides deep-dive market assessments into the sectors such as education technology and school and college essentials.

Our market research methodology for the machine learning courses market

Technavio also offers clients the possibility to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.