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
Date:
Frequently Asked Questions (FAQs) Related to the Above News
Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.
More like thisRelated
Bittensor Network Hit by $8M Token Theft Amid Rising Crypto Hacks and Exploits
Bittensor Network faces $8M token theft in latest cyber attack. Learn how crypto hacks are evolving in the industry.
Power Elites Pursuing Immortality: A Modern Frankenstein Unveiled
Exploring the intersection of AI and immortality through a modern lens, as power elites pursue godlike status in a technological age.
Tech Giants Warn of AI Risks in SEC Filings
Tech giants like Microsoft, Google, Meta, and NVIDIA warn of AI risks in SEC filings. Companies acknowledge challenges and emphasize responsible management.
HealthEquity Data Breach Exposes Customers’ Health Info – Latest Cyberattack News
Stay updated on the latest cyberattack news as HealthEquity's data breach exposes customers' health info - a reminder to prioritize cybersecurity.