North America machine learning market accounted for $XX million in revenue in 2018 and is expected to reach a value of $XX million by 2027. The market is projected to grow with 31.87% CAGR during the forecast period of 2019-2027. Government initiatives in the field of machine learning and artificial intelligence along with company initiatives such as product development, research and development, and mergers & acquisitions are the primary factors driving growth in the machine learning market. The North America machine learning market is largely influenced by the trends in the economies of the United States and Canada.
NORTH AMERICA MACHINE LEARNING MARKET FORECAST 2019-2027
North America Machine Learning Market by Deployment (Cloud, on-premise) by Services (Professional Services, Managed Services) by Organization Size (Large Enterprises, Small & Medium-sized Enterprises (Smes)) by Industry Verticals (Banking, Financial Services & Insurance (Bfsi), Healthcare & Life Sciences, Retail, Telecommunication, Government & Defense, Manufacturing, Energy & Utilities, Media & Advertising, Other Verticals) by Geography.
North America machine learning market accounted for $XX million in revenue in 2018 and is expected to reach a value of $XX million by 2027. The market is projected to grow with 31.87% CAGR during the forecast period of 2019-2027. Government initiatives in the field of machine learning and artificial intelligence along with company initiatives such as product development, research and development, and mergers & acquisitions are the primary factors driving growth in the machine learning market.
The North America machine learning market is largely influenced by the trends in the economies of the United States and Canada. The growing number of start-ups in machine learning are increasing the adoption of machine learning in the U.S and Canada. As per Inkwood Research, the U.S. witnesses the rising number of start-ups that engaged in machine learning. This start-ups trend in the U.S machine learning market is one of the key factors that drive the growth of the North American market. On the other hand, the Canada machine learning market is being propelled by government investments to support artificial intelligence & machine learning and rising adoption of machine learning in the banking sector. The segmentation of the North America machine learning market is done on the basis of services, verticals, organization size, and deployment.
In North America, the machine learning market has the presence of several companies like Amazon Web Services, Dell Inc., Microsoft Corporation, and others. One of the renowned players in the region is the US-based Google Inc., which provides services to organize the information and build technology products. The company has a wide range of product portfolio and services. It also offers new machine learning services along with pre-trained models and services.
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- RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
- RESEARCH METHODOLOGY
- SOURCES OF DATA
- SECONDARY DATA
- PRIMARY DATA
- TOP-DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- SOURCES OF DATA
- EXECUTIVE SUMMARY
- MARKET SUMMARY
- KEY FINDINGS
- NORTH AMERICA DOMINATES THE OVERALL MARKET
- CLOUD IS THE MOST PREFERRED DEPLOYMENT MODE
- SMALL & MEDIUM-SIZED ENTERPRISES (SMEs) IS PROJECTED TO GROW AT FASTEST CAGR
- GROWING NUMBER OF START-UPS IN MACHINE LEARNING
- MARKET DYNAMICS
- TIMELINE OF MACHINE LEARNING
- PARENT MARKET ANALYSIS: ARTIFICIAL INTELLIGENCE
- MARKET SCOPE & DEFINITION
- MARKET DRIVERS
- PROLIFERATION IN DATA GENERATION
- RISING ROBOTIZATION ACROSS NUMEROUS VERTICALS
- CONTINUAL ADVANCEMENTS IN MACHINE LEARNING
- GROWING ACCEPTANCE OF CONNECTED DEVICES
- UPSURGE IN ADOPTION DATA-DRIVEN APPLICATIONS
- MARKET RESTRAINTS
- COMPLEXITIES IN MANAGING SENSITIVE DATA
- TECHNOLOGICAL LIMITATIONS
- MARKET OPPORTUNITIES
- GROWING INTEREST IN INTELLIGENT BUSINESS PROCESSES
- INTEGRATION OF BIG DATA WITH ARTIFICIAL INTELLIGENCE & MACHINE LEARNING
- HIGH DEMAND FROM NUMEROUS END USER INDUSTRIES
- MARKET CHALLENGES
- ETHICAL IMPLICATIONS OF ALGORITHMS DEPLOYED
- SUSCEPTIBLE TO HARDWARE & SOFTWARE MALFUNCTIONS
- MARKET BY DEPLOYMENT
- CLOUD
- ON-PREMISE
- MARKET BY SERVICES
- PROFESSIONAL SERVICES
- MANAGED SERVICES
- MARKET BY ORGANIZATION SIZE
- LARGE ENTERPRISES
- SMALL & MEDIUM-SIZED ENTERPRISES (SMEs)
- MARKET BY INDUSTRY VERTICALS
- BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
- HEALTHCARE & LIFE SCIENCES
- RETAIL
- TELECOMMUNICATION
- GOVERNMENT & DEFENSE
- MANUFACTURING
- ENERGY & UTILITIES
- MEDIA & ADVERTISING
- OTHER VERTICALS
- KEY ANALYTICS
- PORTER’S FIVE FORCE MODEL
- THREAT OF NEW ENTRANTS
- THREAT OF SUBSTITUTE
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF BUYERS
- THREAT OF COMPETITIVE RIVALRY
- KEY BUYING CRITERIA
- PRICE
- SCALABILITY
- TRAINING TIME
- APPLICATION
- VALUE CHAIN ANALYSIS
- SOFTWARE DEVELOPMENT
- CLOUD
- USERS
- PATENT ANALYSIS
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- PORTER’S FIVE FORCE MODEL
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- MARKET SHARE ANALYSIS
- CORPORATE STRATEGIES
- MERGER & ACQUISITIONS
- PRODUCT DEVELOPMENT
- COLLABORATION & PARTNERSHIP
- OTHER KEY STRATEGIES
- COMPANY PROFILES
- AMAZON WEB SERVICES INC.
- BAIDU, INC.
- DELL, INC.
- FAIR ISAAC CORPORATION (FICO)
- FRACTAL ANALYTICS
- GOOGLE, INC.
- HEWLETT PACKARD ENTERPRISE (HPE)
- IBM CORPORATION (INTERNATIONAL BUSINESS MACHINES)
- INTEL CORPORATION
- MICROSOFT CORPORATION
- ORACLE CORPORATION
- SAP SE
- TERADATA CORPORATION
- TIBCO SOFTWARE INC.
- TRADEMARKVISION
LIST OF TABLES
TABLE 1: NORTH AMERICA MACHINE LEARNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: LIST OF PROMINENT START-UPS IN MACHINE LEARNING
TABLE 3: TIMELINE OF MACHINE LEARNING
TABLE 4: NORTH AMERICA MACHINE LEARNING MARKET, BY DEPLOYMENT, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA MACHINE LEARNING MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA MACHINE LEARNING MARKET, BY ORGANIZATION SIZE, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA MACHINE LEARNING MARKET, BY INDUSTRY VERTICALS 2019-2027 (IN $ MILLION)
TABLE 8: OPPORTUNITY MATRIX
TABLE 9: VENDOR LANDSCAPE
TABLE 10: PATENTS FILLED IN MACHINE LEARNING BY KEY TECHNOLOGY COMPANIES, 2017
TABLE 11: NORTH AMERICA MACHINE LEARNING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 12: LIST OF MERGER & ACQUISITIONS
TABLE 13: LIST OF PRODUCT DEVELOPMENT
TABLE 14: LIST OF COLLABORATION & PARTNERSHIP
TABLE 15: LIST OF OTHER KEY STRATEGIES
LIST OF FIGURES
FIGURE 1: NORTH AMERICA MACHINE LEARNING MARKET, BY INDUSTRY VERTICALS, 2018 & 2027 (IN %)
FIGURE 2: NORTH AMERICA MACHINE LEARNING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: NUMBER OF CONNECTED DEVICES WORLDWIDE, 2015-2025
FIGURE 4: NORTH AMERICA MACHINE LEARNING MARKET, BY CLOUD, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH AMERICA MACHINE LEARNING MARKET, BY ON-PREMISE, 2019-2027 (IN $ MILLION)
FIGURE 6: NORTH AMERICA MACHINE LEARNING MARKET, BY PROFESSIONAL SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 7: NORTH AMERICA MACHINE LEARNING MARKET, BY MANAGED SERVICES, 2019-2027 (IN $ MILLION)
FIGURE 8: NORTH AMERICA MACHINE LEARNING MARKET, BY LARGE ENTERPRISES, 2019-2027 (IN $ MILLION)
FIGURE 9: NORTH AMERICA MACHINE LEARNING MARKET, BY SMALL & MEDIUM-SIZED ENTERPRISES (SMEs), 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH AMERICA MACHINE LEARNING MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2019-2027 (IN $ MILLION)
FIGURE 11: NORTH AMERICA MACHINE LEARNING MARKET, BY HEALTHCARE & LIFE SCIENCES, 2019-2027 (IN $ MILLION)
FIGURE 12: NORTH AMERICA MACHINE LEARNING MARKET, BY RETAIL, 2019-2027 (IN $ MILLION)
FIGURE 13: NORTH AMERICA MACHINE LEARNING MARKET, BY TELECOMMUNICATION, 2019-2027 (IN $ MILLION)
FIGURE 14: NORTH AMERICA MACHINE LEARNING MARKET, BY GOVERNMENT & DEFENSE, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH AMERICA MACHINE LEARNING MARKET, BY MANUFACTURING, 2019-2027 (IN $ MILLION)
FIGURE 16: NORTH AMERICA MACHINE LEARNING MARKET, BY MEDIA & ADVERTISING, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH AMERICA MACHINE LEARNING MARKET, BY ENERGY & UTILITIES, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH AMERICA MACHINE LEARNING MARKET, BY OTHER VERTICALS, 2019-2027 (IN $ MILLION)
FIGURE 19: PORTER’S FIVE FORCE ANALYSIS
FIGURE 20: KEY BUYING IMPACT ANALYSIS
FIGURE 21: VALUE CHAIN ANALYSIS
FIGURE 22: PATENTS FILLED IN ARTIFICIAL INTELLIGENCE BY KEY TECHNOLOGY COMPANIES, 2009-2017
FIGURE 23: NORTH AMERICA MACHINE LEARNING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 24: UNITED STATES MACHINE LEARNING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: CANADA MACHINE LEARNING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: MARKET SHARE ANALYSIS OF KEY PLAYERS IN 2017 (IN %)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY DEPLOYMENT
- CLOUD
- ON-PREMISE
- MARKET BY SERVICES
- PROFESSIONAL SERVICES
- MANAGED SERVICES
- MARKET BY ORGANIZATION SIZE
- LARGE ENTERPRISES
- SMALL & MEDIUM-SIZED ENTERPRISES (SMEs)
- MARKET BY INDUSTRY VERTICALS
- BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
- HEALTHCARE & LIFE SCIENCES
- RETAIL
- TELECOMMUNICATION
- GOVERNMENT & DEFENSE
- MANUFACTURING
- ENERGY & UTILITIES
- MEDIA & ADVERTISING
- OTHER VERTICALS
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.