Machine Learning Market Size, Share & Trends Analysis Report By Component, By Enterprise Size, By End Use (Healthcare, BFSI, Law, Retail, Advertising & Media), And Segment Forecasts, 2019 - 2025

Published: Dec, 2019 | Pages: 100 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global machine learning market size is expected to reach USD 96.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 43.8% from 2019 to 2025.

Production of massive amounts of data has increased the adoption of technologies that can provide a smart analysis of that data. Technologies such as Machine Learning (ML) are being rapidly adopted across various applications in order to automatically detect meaningful patterns within a data set. Software based on ML algorithms, such as search engines, anti-spam software, and fraud detection software, are being increasingly used, thereby contributing to market growth.

The rapid emergence of ML technology has increased its adoption across various application areas. It provides cloud computing optimization along with intelligent voice assistance. In healthcare, it is used for the diagnosis of individuals. In case of businesses, the use of ML models that are open source and have a standards-based structure has increased in recent years. These models can be easily deployed in various business programs and can help companies bridge the skills gap between IT programmers and information scientists.

Developments such as fine-tuned personalization, hyper-targeting, searching engine optimization, no-code environment, self-learning bots, and others are projected to change the machine learning landscape. The development of capsule network has replaced neural networks in order to provide more accuracy in pattern detection, with fewer errors. These advanced developments are anticipated to proliferate market growth in the foreseeable future.

Further key findings from the report suggest:

• The emergence of connected AI is expected to enable ML algorithms to learn continuously based on newly available information. Such developments are anticipated to drive the market in the coming years

• The advertising and media sector accounted for the largest share in 2018 owing to capabilities such as buyer's optimization, data processing, and analysis provided by the technology

• H2O.ai announced a partnership with IBM Corporation, a multinational IT company, in June 2018. Through this partnership, H2O.ai will offer its GPU-powered machine learning, next-generation AI platform, and best-of-breed deep learning on IBM's Power Systems platform

• Key players in the machine learning market include Amazon Web Services, Inc.; Baidu Inc.; Google Inc.; H2O.ai; Hewlett Packard Enterprise Development LP; Intel Corporation; International Business Machines Corporation; Microsoft Corporation; SAS Institute Inc.; and SAP SE.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation & Scope
                   1.2 Market Definition
                   1.3 Information Procurement
                   1.4 Information Analysis
                   1.5 Market formulation & data visualization
                       1.5.1 Secondary sources & third-party perspectives
                       1.5.2 Primary research
                   1.6 Research Scope & Assumptions

Chapter 2 Executive Summary
                   2.1 Market Outlook

Chapter 3 Machine Learning Market Variables, Trends & Scope
                   3.1 Penetration & Growth Prospect Mapping
                       3.1.1 Market Growth Prospects
                       3.1.2 Market Penetration Mapping
                   3.2 Industry Value Chain Analysis
                   3.3 Market Dynamics
                       3.3.1 Market driver analysis
                           3.3.1.1 Increasing applications of ML algorithm
                           3.3.1.2 Rising adoption of advanced technologies
                   3.4 Market restraint analysis
                       3.4.1 Lack of skilled labor
                   3.5 Machine Learning Market Analysis Tools
                       3.5.1 Industry Analysis - Porter's
                           3.5.1.1 Supplier Power
                           3.5.1.2 Buyer Power
                           3.5.1.3 Substitution Threat
                           3.5.1.4 Threat from new entrant
                           3.5.1.5 Competitive rivalry
                       3.5.2 PEST Analysis
                           3.5.2.1 Political Landscape
                           3.5.2.2 Economic Landscape
                           3.5.2.3 Social Landscape
                           3.5.2.4 Technology Landscape
                       3.5.3 Major Deals & Strategic Alliances Analysis

Chapter 4 Machine Learning Market: Component Movement Analysis
                   4.1 Machine Learning Market: Component Movement Analysis
                       4.1.1 Hardware
                           4.1.1.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       4.1.2 Software
                           4.1.2.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       4.1.3 Service
                           4.1.3.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)

Chapter 5 Machine Learning Market: Enterprise Size Movement Analysis
                   5.1 Machine Learning Market: Enterprise Size Movement Analysis
                       5.1.1 SMEs
                           5.1.1.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       5.1.2 Large Enterprises
                           5.1.2.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)

Chapter 6 Machine Learning: End-Use Estimates and Trend Analysis
                   6.1 Machine Learning Market: End-Use Movement Analysis
                       6.1.1 Healthcare
                           6.1.1.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.2 BFSI
                           6.1.2.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.3 Law
                           6.1.3.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.4 Retail
                           6.1.4.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.5 Advertising & Media
                           6.1.5.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.6 Automotive & Transportation
                           6.1.6.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.7 Agriculture
                           6.1.7.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.8 Manufacturing
                           6.1.8.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)
                       6.1.9 Others
                           6.1.9.1 Global Market Estimates and Forecasts, from 2014 to 2025 (USD Million)

Chapter 7 Machine Learning: Regional Estimates & Trend Analysis
                   7.1 North America
                       7.1.1 North America machine learning market, 2014 - 2025
                       7.1.2 U.S.
                           7.1.2.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.1.2.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.1.2.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.1.3 Canada
                           7.1.3.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.1.3.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.1.3.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.1.4 Mexico
                           7.1.4.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.1.4.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.1.4.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                   7.2 Europe
                       7.2.1 Europe machine learning market, 2014 - 2025
                       7.2.2 U.K.
                           7.2.2.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.2.2.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.2.2.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.2.3 Germany
                           7.2.3.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.2.3.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.2.3.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.2.4 France
                           7.2.4.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.2.4.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.2.4.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                   7.3 Asia Pacific
                       7.3.1 Asia Pacific machine learning market, 2014 - 2025
                       7.3.2 China
                           7.3.2.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.3.2.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.3.2.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.3.3 Japan
                           7.3.3.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.3.3.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.3.3.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                       7.3.4 India
                           7.3.4.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.3.4.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.3.4.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                   7.4 South America
                       7.4.1 South America machine learning market, 2014 - 2025
                       7.4.2 Brazil
                           7.4.2.1 Market Estimates and Forecasts, by component from 2014 to 2025 (USD Million)
                           7.4.2.2 Market Estimates and Forecasts, by enterprise size from 2014 to 2025 (USD Million)
                           7.4.2.3 Market Estimates and Forecasts, by end-use from 2014 to 2025 (USD Million)
                   7.5 MEA
                       7.5.1 MEA machine learning market, 2014 - 2025

Chapter 8 Competitive Landscape
                   8.1 Amazon Web Services, Inc.
                       8.1.1 Company overview
                       8.1.2 Financial performance
                       8.1.3 Product benchmarking
                       8.1.4 Recent developments
                   8.2 Baidu Inc.
                       8.2.1 Company overview
                       8.2.2 Financial performance
                       8.2.3 Product benchmarking
                       8.2.4 Recent developments
                   8.3 Google Inc.
                       8.3.1 Company overview
                       8.3.2 Financial performance
                       8.3.3 Product benchmarking
                       8.3.4 Recent developments
                   8.4 H2o.AI
                       8.4.1 Company overview
                       8.4.2 Financial performance
                       8.4.3 Product benchmarking
                       8.4.4 Recent developments
                   8.5 Hewlett Packard Enterprise Development LP
                       8.5.1 Company overview
                       8.5.2 Financial performance
                       8.5.3 Product benchmarking
                       8.5.4 Recent developments
                   8.6 Intel Corporation
                       8.6.1 Company overview
                       8.6.2 Financial performance
                       8.6.3 Product benchmarking
                       8.6.4 Recent developments
                   8.7 International Business Machines Corporation
                       8.7.1 Company overview
                       8.7.2 Financial performance
                       8.7.3 Product benchmarking
                       8.7.4 Recent developments
                   8.8 Microsoft Corporation
                       8.8.1 Company overview
                       8.8.2 Financial performance
                       8.8.3 Product benchmarking
                       8.8.4 Recent developments
                   8.9 SAS Institute Inc.
                       8.9.1 Company overview
                       8.9.2 Financial performance
                       8.9.3 Product benchmarking
                       8.9.4 Recent developments
                   8.10 SAP SE
                       8.10.1 Company overview
                       8.10.2 Financial performance
                       8.10.3 Product benchmarking
                       8.10.4 Recent developments

List of Tables

TABLE 1 Machine Learning Market Outlook
TABLE 2 Global machine learning market, 2014 - 2025 (USD Million)
TABLE 3 Global machine learning market by region, 2014 - 2025 (USD Million)
TABLE 4 Global machine learning market by component, 2014 - 2025 (USD Million)
TABLE 5 Global machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 6 Global machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 7 Machine learning - Key market driver impact
TABLE 8 Machine learning - Key market restraint impact
TABLE 9 Global hardware machine learning market by region, 2014 - 2025 (USD Million)
TABLE 10 Global software machine learning market by region, 2014 - 2025 (USD Million)
TABLE 11 Global service machine learning market by region, 2014 - 2025 (USD Million)
TABLE 12 Global SME's machine learning market by region, 2014 - 2025 (USD Million)
TABLE 13 Global large enterprises machine learning market by region, 2014 - 2025 (USD Million)
TABLE 14 Global healthcare machine learning market by region, 2014 - 2025 (USD Million)
TABLE 15 Global BFSI machine learning market by region, 2014 - 2025 (USD Million)
TABLE 16 Global law machine learning market by region, 2014 - 2025 (USD Million)
TABLE 17 Global retail machine learning market by region, 2014 - 2025 (USD Million)
TABLE 18 Global advertising & media machine learning market by region, 2014 - 2025 (USD Million)
TABLE 19 Global automotive & transportation machine learning market by region, 2014 - 2025 (USD Million)
TABLE 20 Global agriculture machine learning market by region, 2014 - 2025 (USD Million)
TABLE 21 Global manufacturing machine learning market by region, 2014 - 2025 (USD Million)
TABLE 22 Global others machine learning market by region, 2014 - 2025 (USD Million)
TABLE 23 North America machine learning market, 2014 - 2025 (USD Million)
TABLE 24 North America machine learning market by component, 2014 - 2025 (USD Million)
TABLE 25 North America machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 26 North America machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 27 U.S. machine learning market, 2014 - 2025 (USD Million)
TABLE 28 U.S. machine learning market by component, 2014 - 2025 (USD Million)
TABLE 29 U.S. machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 30 U.S. machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 31 Canada machine learning market, 2014 - 2025 (USD Million)
TABLE 32 Canada machine learning market by component, 2014 - 2025 (USD Million)
TABLE 33 Canada machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 34 Canada machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 35 Mexico machine learning market, 2014 - 2025 (USD Million)
TABLE 36 Mexico machine learning market by component, 2014 - 2025 (USD Million)
TABLE 37 Mexico machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 38 Mexico machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 39 Europe machine learning market, 2014 - 2025 (USD Million)
TABLE 40 Europe machine learning market by component, 2014 - 2025 (USD Million)
TABLE 41 Europe machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 42 Europe machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 43 U.K. machine learning market, 2014 - 2025 (USD Million)
TABLE 44 U.K. machine learning market by component, 2014 - 2025 (USD Million)
TABLE 45 U.K. machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 46 U.K. machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 47 Germany machine learning market, 2014 - 2025 (USD Million)
TABLE 48 Germany machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 49 Germany machine learning market by component, 2014 - 2025 (USD Million)
TABLE 50 Germany machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 51 France machine learning market, 2014 - 2025 (USD Million)
TABLE 52 France machine learning market by component, 2014 - 2025 (USD Million)
TABLE 53 France machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 54 France machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 55 Asia Pacific machine learning market, 2014 - 2025 (USD Million)
TABLE 56 Asia Pacific machine learning market by component, 2014 - 2025 (USD Million)
TABLE 57 Asia Pacific machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 58 Asia Pacific machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 59 China machine learning market, 2014 - 2025 (USD Million)
TABLE 60 China machine learning market by component, 2014 - 2025 (USD Million)
TABLE 61 China machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 62 China machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 63 Japan machine learning market, 2014 - 2025 (USD Million)
TABLE 64 Japan machine learning market by component, 2014 - 2025 (USD Million)
TABLE 65 Japan machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 66 Japan machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 67 India machine learning market, 2014 - 2025 (USD Million)
TABLE 68 India machine learning market by component, 2014 - 2025 (USD Million)
TABLE 69 India machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 70 India machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 71 South America machine learning market, 2014 - 2025 (USD Million)
TABLE 72 South America machine learning market by component, 2014 - 2025 (USD Million)
TABLE 73 South America machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 74 South America machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 75 Brazil machine learning market, 2014 - 2025 (USD Million)
TABLE 76 Brazil machine learning market by component, 2014 - 2025 (USD Million)
TABLE 77 Brazil machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 78 Brazil machine learning market by end-use, 2014 - 2025 (USD Million)
TABLE 79 MEA machine learning market, 2014 - 2025 (USD Million)
TABLE 80 MEA machine learning market by component, 2014 - 2025 (USD Million)
TABLE 81 MEA machine learning market by enterprise size, 2014 - 2025 (USD Million)
TABLE 82 MEA machine learning market by end-use, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Research process
FIG. 3 Market Formulation
FIG. 4 Machine learning market size and growth prospects (USD Million)
FIG. 5 Machine learning market penetration mapping, 2025
FIG. 6 Machine learning - Value chain analysis
FIG. 7 Market dynamics
FIG. 8 Regional outlook, 2018 & 2025