A new market research report predicts that the global Machine Learning as a Service market will experience a compound annual growth rate of 39.25% between 2023 and 2028. The report, published by HTF Market Intelligence, highlights applicatory areas such as fraud detection and risk analytics, marketing and advertising, network analytics and automated traffic management, augmented reality and predictive maintenance. The study identifies providers such as Amazon Web Services, Google and IBM Corporation as key players in the market and estimates that the industry will grow by about $288.71m by 2028, with a 2017 to 2022 historic market value of $13.95m.
Machine Learning as a Service Market Predicted to Experience Significant Growth by 2029: Google, BigML, FICO
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