Market Research News Machine Learning as a Service Market (2016-2024)- | Page 3

Asia Pacific is projected to grow at a significant pace over the forecast period.
Positive growth and development of information technology sector in the
region is expected to swell the demand for the machine learning as a service.
Apart from this, rising adoption of advanced analytics tools in healthcare is
expected to fuel the growth of machine learning as a service market. Europe
region is predicted to grow at a significant pace and create substantial demand
for machine learning as a service market during the forecast period. Rising
adoption of machine learning by the European banks to increase the product
sales is expected to swell the demand for the machine learning in the region.
On the basis of deployment type, global machine learning as a service market
has been segmented into public cloud and private cloud. Public cloud has been
a leading segment in the recent years and is expected to continue its
dominance over the forecast period.
Market Segmentation
Our in-depth analysis has segmented global machine learning as a service
market into the following segments:
By Deployment Type
Public Cloud
Private Cloud
By End Use Application
Manufacturing
Retail
Healthcare & Life Sciences
BFSI
Travel & Hospitality
Other (Energy, Feedstock & Utilities)
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