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Machine Learning As A Service Market

Machine learning as a service Market

Machine learning as a service Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:


Base Year:



Mar - 2022



Report Code:


Segments Covered
  • By Software Tool and Services By Software Tool and Services Software Tools, Data Storage and Archiving, Cloud and Web-based Application Programming Interface (APIs), Others (Model Validator, Decision Report/Predictor/Training, and Report Storage)
  • By Service By Service Professional Services, Managed Services
  • By Enterprise Applications By Enterprise Applications Marketing and Advertising, Risk Analytics and Fraud Detection, Predictive Maintenance (Pattern recognition & generation, anomaly detection), Augmented Reality (Pattern recognition & generation, object recognition, automated simulation, prediction/recommendation), Network Analytics and Automated Traffic Management (SDN and NFV/ automated traffic generation/ etc.), Others (data classification, recommendation engines, social media and customer analytics, sales lifecycle management)
  • By Organization Size By Organization Size SMEs, Large Enterprises
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 4123.45 Million
Revenue 2030Revenue 2030: USD 58798.08 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 39.40%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2017 to 2021
3. Forecast Data 2023 to 2030
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous
Frequently Asked Question
  • The global Machine learning as a service valued at USD 4123.45 Million in 2022 and is expected to reach USD 58798.08 Million in 2030 growing at a CAGR of 39.40%.

  • The prominent players in the market are Microsoft (Washington, US), Amazon Web Services (Washington, US), Hewlett Packard Enterprises (California, US), Google, Inc.(California, US), BigML Inc. (Oregon, US), FICO(California, US), IBM Corporation (New York, US), AT&T (Dallas, US), (Montreal, Canada), Yottamine Analytics (Washington, US), Ersatz Labs (California, US), Sift-Science (California, US).

  • The market is project to grow at a CAGR of 39.40% between 2023 and 2030.

  • The driving factors of the Machine learning as a service include

    • the expansion aimed at understanding customer behavior

  • North America was the leading regional segment of the Machine learning as a service in 2022.