Global Machine Learning Market


Posted July 24, 2019 by Researchonglobalmarkets

The global machine learning market is projected to expand at a CAGR of 39.6% and is expected to be worth USD 13.5 Bn by 2023.

 
The term ‘machine learning’ is that field of data analytics that shows computers how to learn using a given set of data input. In simpler technological terms, it is how an algorithm is used to tell a computer how to program itself so that each task doesn’t have to be explicitly typed in.

At the rate at which data is being generated and used for building businesses, data analytics is fast becoming the business strategic tools of the future. This is why machine learning, a part of artificial intelligence, is as significant as it is today.

For example, you can use machine learning for determining how many units are likely to be sold in the upcoming financial year, predict inflation in stocks and use a customer review or input to suggest certain products that might be suited to them.

Aside from personalizing customer’s experiences, machine learning can even be used to improve the security of data by discovering new data discovery patterns and isolate anomalies.

Now imagine the impact that this has on business. Our new report shows that the Global Machine Learning Market will be worth USD 13.5 Bn by 2023.

About Research On Global Markets

Having instant and continuous access to data that’s accurate and ready for use in business is essential for growth. That’s what Research On Global Markets delivers through this unique platform of research reports. By combining the right data tools, analytical skills and our core competencies to give you reports that ready for use with your business thought.

Intended uses of this report

This report is a critical, concise coverage of all current developments in the Global Machine Learning Market, which are aimed at assisting in business and research techniques and analysis. We ensure that all reports developed and published by us are ready to be used as guidelines for business decision making, fresh research plans or the creation of an article for publication.

Critical factors covered in this analytical report

There’s a lot of technical tasks that went into writing this research report, that not only called for the skill of the researchers and analysts here at Research On Global Markets. It also required their effort, patience, and approach to analyzing industry data as well.

• Assessment of the segmentation of this industry based on deployment concerning on-premises and cloud methods.
• The uses, applications, and benefits that each deployment method has in various industries.
• Assessment of the segmentation of this industry based on end-user industries concerning the retail, BFSI, healthcare, digital advertising, and other sectors deemed relevant.
• Assessment of market activity in each region and the net total revenues as raked in by each of them.

Kindly note that the report can even be purchased in different versions exclusively for more customized business research requirements, such as Regional Reports, Country Reports, Global Datasheet, and Company Profile.

To know more about our company and the kind of work we do, visit us at Research On Global Markets.

To order this report on the Global Machine Learning Market, get customizations on the data and other inquiries, email us on [email protected].
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Research On Global Markets
Phone 18888313350
Business Address 41 East, 11th Street, New York NY 10003 USA
Country United States
Categories Reports , Research
Tags global machine learning market , global market research reports , machine learning market
Last Updated July 24, 2019