QMI Market Research Published Latest Machine Learning as a Service Market 2032 Study with an in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. By following several steps of collecting and analyzing market data, this finest market research report is structured by expert team. This Machine Learning as a Service Market report highlights key market dynamics of the sector and encompasses historic data, present market trends, environment, technological innovation, upcoming technologies, and technical progress in the related industry. Moreover, the Machine Learning as a Service report also contains all the information including market definition, classifications, key developments, applications, and engagements while detailing the actions of key players with respect to product launches, joint ventures, developments, mergers, and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values. An excellent market research report can be generated only with the leading attributes such as the highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, the most up-to-date technology, and dedication.

IDC recently released the IDC Worldwide Artificial Intelligence Spending Guide. Data shows that total global IT investment in artificial intelligence (AI) in 2021 was US$92.95 billion, expected to increase to US$301.43 billion in 2026, and the compound annual growth rate (CAGR) was about 26.5%. As for the China market, IDC predicts that China's AI investment is expected to reach US$26.69 billion in 2026, accounting for about 8.9% of global investment, ranking second in the world among other countries. In recent years, more and more enterprises have become involved in the Digintelligence Era and started the deployment of digital transformation (DX) and intelligent upgrading, which has thus spawned more demand for AI. Driven by policies, technologies, and markets, AI empowering industries is becoming a mainstream development trend.

WASHINGTON, Sept. 12, 2022 (GLOBE NEWSWIRE) -- The growing demand for AI-powered services in the form of Application Programming Interface (API) and Software Development Kit (SDK) and the growing number of innovative start-ups are some of the factors anticipated to drive the market. The Global Market revenue was valued at USD 5.9 Billion in 2021. The Global Artificial Intelligence as a Service Market size is forecast to reach USD 52.8 Billion by 2028 and is expected to grow to exhibit a Compound Annual Growth Rate (CAGR) of 44.1% during the forecast period; states Vantage Market Research, in a report, titled "Artificial Intelligence as a Service Market Size, Share & Trends Analysis Report by Technology (Deep Learning, Machine Learning, Natural Language Processing), by Verticals (Government, Banking Financial Services & Insurance (BFSI), Healthcare, Manufacturing, Retail, Telecommunication), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)". The banking, financial services, and insurance sectors experience significant expansion during the forecast period. A significant amount of client data or transaction records are produced due to the growing digital revolution in banking and the increased use of the mobile payment, e-banking, real-time money transfers, and mobile banking applications.

Machine learning (ML) is a type of artificial intelligence (AI) technology that allows users to predict accurate results irrespective of the …

The rising number of innovative start-up operations working within the domain of AI powered tools and services is one of the key factors driving the growth within the global artificial intelligence as a service market. The solutions offered by the players and vendors functioning within the global artificial intelligence as a service market are utilized in a number of end use industry verticals, such as healthcare and life sciences, telecommunications, manufacturing, education, transportation, media and entertainment, banking, financial services, and insurance or BFSI, retail, government and defence, energy, and agriculture, among others. Some of the key technologies used by the players in the global artificial intelligence as a service market include deep learning, natural language processing or NLP, and machine learning or ML. The rising demand from the BFSI industry vertical is positively influencing the growth in the global artificial intelligence as a service market. On the other hand, healthcare and life sciences end use industry vertical is also expected to contribute heavily in the development of the global artificial intelligence as a service market in coming years.

New York, US, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Market Overview: According to a comprehensive research report by Market Research Future (MRFR), "AI as a Service Market information by Technology, by Vertical and Region – forecast to 2030" market size to reach USD 43.29 billion, growing at a compound annual growth rate of 25.8% by 2030. AIaaS Market Scope: The increasing expenditure to adopt AI and advances in technology for workflow optimization will offer robust opportunities for the AlaaS market over the forecast period. Besides, the increasing adoption of cloud-based solutions in different end user industries & increasing need for cognitive computing will also fuel market growth. Besides, the other factors adding market growth include the increasing use of social media platforms, increase in the number of start-ups, and increasing demand for artificial intelligence enabled SDK's and APIs. Market USP Exclusively Encompassed: AIaaS Market Drivers Growing Need for AI and Cognitive Computing to Boost Market Growth The growing need for artificial intelligence and cognitive computing & the large-scale use of cloud-based solutions for intelligent business applications will boost market growth over the forecast period.

The European Union has been digging into the competition implications of AI-powered voice assistants and other Internet of Things (IoT) connected technologies for almost a year. Today it's put out a first report discussing potential concerns that EU lawmakers say will help inform their wider digital policymaking in the coming years. A major piece of EU legislation introduced at the back of last year is already set to apply ex ante regulations to so-called'gatekeeper' platforms operating in the region, with a list of business practice'dos and don'ts' for powerful, intermediating platforms being baked into the forthcoming pan-EU Digital Services Act. The bloc's competition chief, Margrethe Vestager, has also had her eye on voice assistant AI technologies for a while -- raising concerns about the challenges being posed for user choice as far back as 2019, when she said her department was "trying to figure out how access to data will change the marketplace". The Commission took a concrete step last July when it announced a sectoral inquiry to examine IoT competition concerns in detail.

Artificial Intelligence (AI) As a Service Market to 2025 – Updated with Impact of COVID-19 is latest research study released by Adroit Market Research evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Artificial Intelligence (AI) As a Service Market to 2025 – Updated with Impact of COVID-19 Market. Adroit Market Research's "Artificial Intelligence (AI) As a Service Market to 2025 – Updated with Impact of COVID-19″ provides a comprehensive coverage on Artificial Intelligence (AI) As a Service industry. It provides historical and forecast data on the country's coal production, consumption, and imports. The production section provides an extensive analysis over the trend of production, impact of the COVID-19 and information on production by company, by type, by grade and by state.

Predicting Growth Scope: Global Machine Learning Infrastructure as a Service Market The Global Machine Learning Infrastructure as a Service Market research report is comprised of the thorough study of all the market associated dynamics. The research report is a complete guide to study all the dynamics related to global Machine Learning Infrastructure as a Service market. The comprehensive analysis of potential customer base, market values and future scope is included in the global Machine Learning Infrastructure as a Service market report. Along with that the research report on the global market holds all the vital information regarding the latest technologies and trends being adopted or followed by the vendors across the globe.The research report provides an in-depth examination of all the market risks and opportunities. The analysis covered in the report helps manufacturers in the industry in eliminating the risks offered by the global market.

The Global Artificial Intelligence (AI) as a Service Market report offers key insights into the worldwide Artificial Intelligence (AI) as a Service market. It presents a holistic overview of the market, with an in-depth summary of the market's leading players. The report is inclusive of indispensable information related to the leading competitors in this business sector and carefully analyzes the micro- and macro-economic market trends. The latest report specializes in studying primary and secondary market drivers, market share, the leading market segments, and comprehensive geographical analysis. Vital information about the key market players and their key business strategies, such as mergers & acquisitions, collaborations, technological innovation, and trending business policies, is one of the key components of the report.