Market By Deployment Mode, Organization Size, Service And End-user | Forecast 2019-2027
As per Triton Market Research, the North America market for machine learning is anticipated to witness growth, with 33.88% of CAGR in the estimated period from 2019-2027.
The countries assessed in the report on North America’s machine learning market are:
• The United States
• Canada
The presence of several large industries and a robust IT infrastructure have made North America one of the biggest markets for cognitive computing. Rising investments in the healthcare, defense, BFSI sectors; technological advancement in the telecom industry; along with services such as security information & cloud application are expected to drive the growth of North America’s machine learning market during the forecast period.
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Governmental regulations related to data security are expected to continue to strongly drive the machine learning market in the region. Moreover, the strong presence of market giants such as IBM, Google, Amazon Web Services and Microsoft, among others, as well as, the diversified product offerings, have further raised the demand for the machine learning market in North America.
In December 2017, the Government of Canada declared Montreal (Canada) to have arrived on the world stage as an AI and ML hub. According to the Canadian Institute for Advanced Research (CIFAR), the city of Montreal boasted of the highest researches on maFchine learning, globally, which is expected to supplement the growth of Canada’s machine learning market.
Canada’s government is supporting the ‘Pan-Canadian Artificial Intelligence Strategy,’ aimed at promoting the adoption of AI and has made investments worth around $125 million for promoting machine learning, realizing the potential of this technology to revolutionize & automate processes across multiple industries. Along with the governmental initiatives to promote ML, the enhanced adoption of the technology in the banking sector and the emergence of several start-ups in this field, are propelling the growth of the machine learning market in Canada.
Fair Isaac Corporation (FICO) provides analytics software and tools. The company has a history of more than 60 years in data and analytics excellence across the globe and has been granted more than 130 patents for its analytics & decision management technology. FICO caters to various industries such as healthcare, BFSI, public sector, automotive, retail, telecommunications, pharmaceuticals, travel & hospitality, media & entertainment. Fair Isaac Corporation is headquartered in San Jose, the United States. It reported revenues of worth US $1,032.5 million for FY2018, an increase of 10.8% over FY2017.
Market by Technology (Data ana ..
VIEW REPORT1. NORTH
AMERICA MACHINE LEARNING MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. EVOLUTION
& TRANSITION OF MACHINE LEARNING
2.3. KEY
INSIGHTS
2.3.1. RISE
IN IMPLEMENTATION OF DATA-DRIVEN APPLICATIONS
2.3.2. AUGMENTED
DEMAND FOR INTELLIGENT BUSINESS PROCESSES
2.3.3. MACHINE
LEARNING START-UPS TRANSFORMING THE INDUSTRY
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. BARGAINING
POWER OF BUYERS
2.4.2. BARGAINING
POWER OF SUPPLIERS
2.4.3. THREAT
OF NEW ENTRANTS
2.4.4. THREAT
OF SUBSTITUTE
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. COST
2.5.2. APPLICATION
2.5.3. SCALABILITY
2.5.4. TRAINING
TIME
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. INDUSTRY
COMPONENTS
2.8.1. SOFTWARE
DEVELOPMENT
2.8.2. CLOUD
2.8.3. USERS
2.9. PATENT
ANALYSIS
2.10.
MARKET DRIVERS
2.10.1. EXPANDING
DATA VOLUME ACROSS THE WORLD
2.10.2. WIDENING
APPLICATION OF ML IN DIFFERENT END-USE INDUSTRIES
2.10.3. SIGNIFICANT
DEVELOPMENTS IN THE FIELD OF MACHINE LEARNING
2.11.
MARKET RESTRAINTS
2.11.1. DIFFICULTIES
IN PROTECTING SENSITIVE & PRIVATE DATA
2.11.2. COMPONENTS’
FAILURE MAY DISRUPT ML SERVICE
2.12.
MARKET OPPORTUNITIES
2.12.1. INCORPORATION
OF ARTIFICIAL INTELLIGENCE & MACHINE LEARNING WITH BIG DATA
2.12.2. DEVELOPMENT
OF SMART ROBOTS
2.12.3. INCREASING
ADOPTION OF IoT-CONNECTED DEVICES
2.13.
MARKET CHALLENGES
2.13.1. TECHNOLOGICAL
& COMPUTATIONAL BARRIERS
3. NORTH
AMERICA MACHINE LEARNING MARKET OUTLOOK - BY DEPLOYMENT MODE
3.1. CLOUD
3.2. ON-PREMISES
4. NORTH
AMERICA MACHINE LEARNING MARKET OUTLOOK - BY ORGANIZATION SIZE
4.1. LARGE
ENTERPRISES
4.2. SMALL
& MEDIUM-SIZED ENTERPRISES (SMEs)
5. NORTH
AMERICA MACHINE LEARNING MARKET OUTLOOK - BY SERVICE
5.1. PROFESSIONAL
SERVICES
5.2. MANAGED
SERVICES
6. NORTH
AMERICA MACHINE LEARNING MARKET OUTLOOK - BY END-USER
6.1. BANKING,
FINANCIAL SERVICES & INSURANCE (BFSI)
6.2. HEALTHCARE
& LIFE SCIENCES
6.3. RETAIL
6.4. TELECOMMUNICATION
6.5. GOVERNMENT
& DEFENSE
6.6. MANUFACTURING
6.7. MEDIA
& ADVERTISING
6.8. ENERGY
& UTILITIES
6.9. OTHER
END-USERS
7. NORTH
AMERICA MACHINE LEARNING MARKET - REGIONAL OUTLOOK
7.1. UNITED
STATES
7.2. CANADA
8. COMPETITIVE
LANDSCAPE
8.1. TIBCO
SOFTWARE, INC.
8.2. SAP
SE
8.3. ORACLE
CORPORATION
8.4. TERADATA
CORPORATION
8.5. AMAZON
WEB SERVICES, INC.
8.6. MICROSOFT
CORPORATION
8.7. INTEL
CORPORATION
8.8. FRACTAL
ANALYTICS
8.9. GOOGLE,
INC.
8.10.
BAIDU, INC.
8.11.
FAIR ISAAC CORPORATION (FICO)
8.12.
IBM CORPORATION (INTERNATIONAL
BUSINESS MACHINES)
8.13.
HEWLETT PACKARD ENTERPRISE
COMPANY (HPE)
8.14.
DELL TECHNOLOGIES, INC.
8.15.
CLARIVATE ANALYTICS LLC
(TRADEMARKVISION)
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA MACHINE
VISION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: NORTH AMERICA MACHINE
VISION MARKET, BY TYPE, 2019-2027 (IN $ MILLION)
TABLE 3: NORTH AMERICA MACHINE
VISION MARKET, BY COMPONENTS, 2019-2027 (IN $ MILLION)
TABLE 4: NORTH AMERICA MACHINE
VISION MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA MACHINE
VISION MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA MACHINE
VISION MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: PROCESS FLOW OF
MACHINE VISION SYSTEM
FIGURE 2: KEY IMPACT ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4: NORTH AMERICA MACHINE
VISION MARKET, BY 1D MEASUREMENT, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA
MACHINE VISION MARKET, BY 2D MEASUREMENT, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
MACHINE VISION MARKET, BY 3D MEASUREMENT, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA
MACHINE VISION MARKET, BY SMART CAMERA, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
MACHINE VISION MARKET, BY EMBEDDED SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
MACHINE VISION MARKET, BY FRAME GRABBER, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA
MACHINE VISION MARKET, BY LIGHTING, 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA
MACHINE VISION MARKET, BY LENSES, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA
MACHINE VISION MARKET, BY POSITIONING, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA
MACHINE VISION MARKET, BY IDENTIFICATION, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA
MACHINE VISION MARKET, BY VERIFICATION, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
MACHINE VISION MARKET, BY MEASUREMENT, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
MACHINE VISION MARKET, BY FLAW DETECTION, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA
MACHINE VISION MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA
MACHINE VISION MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH AMERICA
MACHINE VISION MARKET, BY ELECTRONICS, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH AMERICA
MACHINE VISION MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 21: NORTH AMERICA
MACHINE VISION MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)
FIGURE 22: NORTH AMERICA
MACHINE VISION MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 23: UNITED STATES
MACHINE VISION MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: CANADA MACHINE
VISION MARKET, 2019-2027 (IN $ MILLION)