Global Machine Learning-as-a-Service (MLaaS) Market 2019-2023 | Increasing Technology Investments in Retail Industry to Boost Growth | Technavio

▤ Summary

A key factor driving the growth of the market is the increasing use of ML in customer experience management. As per Technavio, the increasing technology investments in retail industry will have a positive impact on the market and contribute to its growth significantly over the forecast period. Currently, the need for retail companies to monitor and manage customer requirements, enhance their decision-making, save cost, and automate processes is driving the adoption of MLaaS. The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company.

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