Machine Learning (ML) Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Mar 2023 Pages: 180 SKU: IRTNTR40918

The machine learning (ML) market size is estimated to grow at a CAGR of 47.81% between 2022 and 2027. The machine learning market size is forecast to increase by USD 56,493.47 million. The growth of the market depends on several factors, including the increasing adoption of cloud-based offerings, the increasing use of machine learning in customer experience management, and the increasing use of machine learning in predictive analytics.

This machine learning market report extensively covers market segmentation by end-user (BFSI, retail, telecommunications, healthcare, and automotive and others), deployment (cloud-based and on-premise), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Machine Learning (ML) Market During the Forecast Period?

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Machine Learning (ML) Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing adoption of cloud-based offerings is notably driving the market growth, although factors such as the shortage of skilled personnel may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Machine Learning Market Driver

Increasing adoption of cloud-based offerings is the key factor driving the growth of the global ML market. The increasing adoption of cloud computing services around the world has led to an increase in the adoption of cloud-based applications targeting multiple end-user industries. The inherent advantages of cloud computing, such as the lowest cost of computing, network and storage infrastructure, scalability, reliability, and high resource availability, enable enterprises to incorporate cloud-based solutions into their business models. Adopting cloud computing also reduces operating costs by eliminating the need for a dedicated IT support team. To get the most value, businesses are adopting pay-as-you-go services. It aims to accelerate the adoption of cloud-based applications through a model as a service. 

Moreover, the machine learning adopted via the cloud enables enterprises to experiment with machine learning technologies and capabilities at a fraction of the cost of setting up an in-house machine learning team and infrastructure. Machine learning also helps enterprises to scale up the production workload of their projects with the increase in data. Therefore, the above-mentioned advantages of cloud-based offerings are expected to drive the growth of the global machine learning market in the forecast period.

Significant Machine Learning Market Trends

A growing number of acquisitions and partnerships is the primary trend in the global ML market. The market is growing owing to the increased areas of applications of machine learning and associated growth with AI. Service providers in the bank, retail, and healthcare sectors are migrating their business models toward cloud-based models. Moreover, to gain a competitive edge, vendors are investing in the development and provision of machine learning. The vendors operating in the market are also forming strategic partnerships and acquiring other vendors.

Market participants are opting for these partnerships and acquisitions to get access to new clients. In addition, these partnerships help market players to get access to new technologies that can help them to improve their product portfolio. Many a time, these partnerships and acquisitions also help market players to expand their geographic footprint to new locations, which are the key factors for the growth of the market in focus in the forecast period.

Major Machine Learning Market Challenge

Shortage of skilled personnel is a major challenge to the growth of the global ML market. Machine learning is now being used to manage self-driving cars, self-functioning robots, healthcare systems that can distinguish between cancer cells and benign moles, and smart locks and thermostats. The growing popularity of machine learning and AI technologies has led to the adoption of the former in enterprise operations.

However, one of the barriers to the adoption of these technologies is the shortage of a workforce that has machine learning skills. To overcome this challenge, some US technology companies support schools in introducing courses, increasing enrollment, and developing new educational programs for students. This will create a high demand for machine learning that trains systems in creative thinking, problem-solving, negotiation, and other technical skills. Such factors will hinder market growth during the forecast period.

Key Machine Learning Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Machine Learning Market Customer Landscape

Who are the Major Machine Learning (ML) Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Alibaba Group Holding Ltd.: The company offers machine learning platform for AI that relies on Alibaba Cloud distributed computing clusters.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Alphabet Inc.
  • Amazon.com Inc.
  • BigML Inc.
  • Cisco Systems Inc.
  • Fair Isaac Corp.
  • H2O.ai Inc.
  • Hewlett Packard Enterprise Co.
  • Iflowsoft Solutions Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Netguru S.A
  • Salesforce.com Inc.
  • SAP SE
  • SAS Institute Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Machine Learning (ML) Market?

The market share growth by the BFSI segment will be significant during the forecast period. BFSI companies are investing in machine learning to reduce costs and improve customer relations, risk management, workflows, and decision-making process. BFSI companies are undertaking digital transformation initiatives that are resulting in the development of several customized solutions. BFSI companies are adopting machine learning to gain in-depth knowledge about their customers and provide customized solutions. The adoption of machine learning helps BFSI companies in achieving automated processing, data-driven insights about customers, and personalized customer outreach.

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The BFSI segment was valued at USD 478.13 million in 2017 and continued to grow until 2021Banks primarily use machine learning to approve loans, assess risk, and manage bank assets. Machine learning is integrated into customer information and banking systems to determine the risk of lending to customers based on credit score and annual income. It is also used to cross-sell products, automate chatbots, anticipate customer needs, detect fraudulent transactions, and resolve issues without human intervention. To better anticipate customer needs, BFSI companies are automating customer service operations and employing machine learning to improve risk management. This is driving the growth of machine learning in the BFSI segment and is expected to continue growing during the forecast period.  

Which are the Key Regions for the Machine Learning (ML) Market?

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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. This region is anticipated to be the major revenue contributor to the global machine learning market during the forecast period. The demand for machine learning in North America is primarily due to the high adoption of cloud and machine learning and big data analytics to generate business insights. The region is also witnessing an increase in data generation from industries such as telecommunications, manufacturing, retail, and energy, driving demand for machine learning-based solutions.  

The COVID-19 pandemic spread widely across North America, especially in the US, in 2020. However, in 2021, large-scale vaccination programs increased business activities, and the regional machine learning market witnessed more growth. Additionally, the pandemic has propelled the demand for machine learning, which will positively impact the growth of the market in focus during the forecast period.

Segment Overview

The machine learning market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • BFSI
    • Retail
    • Telecommunications
    • Healthcare
    • Automotive
    • Others
  • Deployement Outlook (USD Million, 2017 - 2027)
    • Cloud-based
    • On-premise
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the machine learning market as a part of the global IT consulting and other services market within the global IT services market. The super parent global IT services market cover companies offering IT consulting and system integration services, application services, electronic data processing services, business process outsourcing services, infrastructure services, and Internet services. The global IT consulting and other services market covers companies that provide information technology consulting and information management services. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

Machine Learning Market Scope

Report Coverage

Details

Page number

180

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 47.81%

Market growth 2023-2027

USD 56,493.47 million

Market structure

Fragmented

YoY growth 2022-2023(%)

42.74

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 36%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alibaba Group Holding Ltd., Alphabet Inc., Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., BigML Inc., Cisco Systems Inc., Fair Isaac Corp., H2O.ai Inc., Hewlett Packard Enterprise Co., Iflowsoft Solutions Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Netguru S.A, Salesforce.com Inc., SAP SE, SAS Institute Inc., TIBCO Software Inc., and Yottamine Analytics LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Machine Learning Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the machine learning market between 2023 and 2027
  • Precise estimation of the size of the machine learning market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of machine learning market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global machine learning market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global machine learning market 2017 - 2021 ($ million)
    • 4.2 End-User Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 BFSI - Market size and forecast 2022-2027
      • Exhibit 34: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 6.4 Retail - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 6.5 Telecommunications - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Telecommunications - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Telecommunications - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Telecommunications - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Telecommunications - Year-over-year growth 2022-2027 (%)
    • 6.6 Healthcare - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.7 Automotive and others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Automotive and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Automotive and others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Automotive and others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Automotive and others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 56: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 58: Chart on Comparison by Deployment
      • Exhibit 59: Data Table on Comparison by Deployment
    • 7.3 Cloud-based - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
    • 7.4 On-premise - Market size and forecast 2022-2027
      • Exhibit 64: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on On-premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 68: Market opportunity by Deployment ($ million)
      • Exhibit 69: Data Table on Market opportunity by Deployment ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Alibaba Group Holding Ltd.
              • Exhibit 123: Alibaba Group Holding Ltd. - Overview
              • Exhibit 124: Alibaba Group Holding Ltd. - Business segments
              • Exhibit 125: Alibaba Group Holding Ltd. - Key offerings
              • Exhibit 126: Alibaba Group Holding Ltd. - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 127: Alphabet Inc. - Overview
              • Exhibit 128: Alphabet Inc. - Business segments
              • Exhibit 129: Alphabet Inc. - Key news
              • Exhibit 130: Alphabet Inc. - Key offerings
              • Exhibit 131: Alphabet Inc. - Segment focus
            • 12.5 Amazon.com Inc.
              • Exhibit 132: Amazon.com Inc. - Overview
              • Exhibit 133: Amazon.com Inc. - Business segments
              • Exhibit 134: Amazon.com Inc. - Key news
              • Exhibit 135: Amazon.com Inc. - Key offerings
              • Exhibit 136: Amazon.com Inc. - Segment focus
            • 12.6 BigML Inc.
              • Exhibit 137: BigML Inc. - Overview
              • Exhibit 138: BigML Inc. - Product / Service
              • Exhibit 139: BigML Inc. - Key offerings
            • 12.7 Cisco Systems Inc.
              • Exhibit 140: Cisco Systems Inc. - Overview
              • Exhibit 141: Cisco Systems Inc. - Business segments
              • Exhibit 142: Cisco Systems Inc. - Key news
              • Exhibit 143: Cisco Systems Inc. - Key offerings
              • Exhibit 144: Cisco Systems Inc. - Segment focus
            • 12.8 Fair Isaac Corp.
              • Exhibit 145: Fair Isaac Corp. - Overview
              • Exhibit 146: Fair Isaac Corp. - Business segments
              • Exhibit 147: Fair Isaac Corp. - Key news
              • Exhibit 148: Fair Isaac Corp. - Key offerings
              • Exhibit 149: Fair Isaac Corp. - Segment focus
            • 12.9 H2O.ai Inc.
              • Exhibit 150: H2O.ai Inc. - Overview
              • Exhibit 151: H2O.ai Inc. - Product / Service
              • Exhibit 152: H2O.ai Inc. - Key offerings
            • 12.10 Hewlett Packard Enterprise Co.
              • Exhibit 153: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 154: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 155: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 156: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 157: Hewlett Packard Enterprise Co. - Segment focus
            • 12.11 Iflowsoft Solutions Inc.
              • Exhibit 158: Iflowsoft Solutions Inc. - Overview
              • Exhibit 159: Iflowsoft Solutions Inc. - Product / Service
              • Exhibit 160: Iflowsoft Solutions Inc. - Key offerings
            • 12.12 Intel Corp.
              • Exhibit 161: Intel Corp. - Overview
              • Exhibit 162: Intel Corp. - Business segments
              • Exhibit 163: Intel Corp. - Key news
              • Exhibit 164: Intel Corp. - Key offerings
              • Exhibit 165: Intel Corp. - Segment focus
            • 12.13 International Business Machines Corp.
              • Exhibit 166: International Business Machines Corp. - Overview
              • Exhibit 167: International Business Machines Corp. - Business segments
              • Exhibit 168: International Business Machines Corp. - Key news
              • Exhibit 169: International Business Machines Corp. - Key offerings
              • Exhibit 170: International Business Machines Corp. - Segment focus
            • 12.14 Microsoft Corp.
              • Exhibit 171: Microsoft Corp. - Overview
              • Exhibit 172: Microsoft Corp. - Business segments
              • Exhibit 173: Microsoft Corp. - Key news
              • Exhibit 174: Microsoft Corp. - Key offerings
              • Exhibit 175: Microsoft Corp. - Segment focus
            • 12.15 Salesforce.com Inc.
              • Exhibit 176: Salesforce.com Inc. - Overview
              • Exhibit 177: Salesforce.com Inc. - Product / Service
              • Exhibit 178: Salesforce.com Inc. - Key news
              • Exhibit 179: Salesforce.com Inc. - Key offerings
            • 12.16 SAP SE
              • Exhibit 180: SAP SE - Overview
              • Exhibit 181: SAP SE - Business segments
              • Exhibit 182: SAP SE - Key news
              • Exhibit 183: SAP SE - Key offerings
              • Exhibit 184: SAP SE - Segment focus
            • 12.17 SAS Institute Inc.
              • Exhibit 185: SAS Institute Inc. - Overview
              • Exhibit 186: SAS Institute Inc. - Product / Service
              • Exhibit 187: SAS Institute Inc. - Key news
              • Exhibit 188: SAS Institute Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 189: Inclusions checklist
                • Exhibit 190: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 191: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 192: Research methodology
                • Exhibit 193: Validation techniques employed for market sizing
                • Exhibit 194: Information sources
              • 13.5 List of abbreviations
                • Exhibit 195: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              machine learning market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis