Machine learning as a service (MLaaS) Market to Grow at a high CAGR until 2028
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Increasing adoption of IoT & automation with emerging cloud-based solutions are expected to increase the demand for machine learning as a service market during the forecast period of 2024-2028. According to TechSci Research report, “ Machine learning as a service (MLaaS) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028, the Global machine learning as a service market is anticipated to register a robust growth during the forecast period, 2024-2028”. The demand for MLaaS will expand exponentially due to the development and spread of IoT devices and systems for enterprise automation. Moreover, this market is expected to be propelled by the growing demand for personalization and developments in virtual technologies such as AR, virtual assistants, smart storage management, and logistics. Moreover, as the situation with COVID-19 gradually stabilizes, more people will be leaning into online shopping experiences, further driving the growth of ...