NORTH AMERICA MACHINE LEARNING MARKET 2019-2027

ICT | AI and IoT

NORTH AMERICA MACHINE LEARNING MARKET 2019-2027

Market By Deployment Mode, Organization Size, Service And End-user | Forecast 2019-2027

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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.

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Table of Content

1.    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

List of Tables

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)

List of Figures

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)

 

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