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The research report on Artificial Intelligence (AI) As a Service market, covering the COVID-19 impact, provides a comparative analysis of the historical data with the current market scenario to unveil the growth projections for the industry over the analysis period. As per the study, the market is expected to garner substantial returns and showcase a healthy growth rate throughout the forecast duration. The market analysis boasts of a competitive market intelligence with respect to the major industry trends, sales volume, market size, growth prospects, and revenue estimates. Moreover, information pertaining to the various industry segmentations covers a large portion of the research. The study further extends through an impartial assessment of the key players in the industry. The report follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecasts of a particular market.

Machine Learning as a Service Market to reach USD 16.13 billion by 2025 Machine Learning as a Service Market valued approximately USD 0.87 billion in 2017 is anticipated to grow with a healthy growth rate of more than 43.9% over the forecast period 2018-2025. Machine learning as a service is a significant range of solutions and services that are offered by cloud service providers. The tools offered by service providers include APIs, data visualization, natural language processing, face recognition, deep learning, and predictive analytics. The main benefit associated with these services is that the customers are able to quickly start with machine learning with no need to install or download any software on their servers. Enhancements in technology, growth in data volume and rise in IT spending in some of the developing regions are the major factors which are driving the growth in the global market.