Machine Learning As A Service (mlaas) Market Projected To Hit Usd 304.82 Billion At A 36.20% Cagr By 2032- Report By Market Research Future (mrfr)

The Machine Learning as a Service (MLaaS) Market is expected to thrive at a rate of 36.20% between 2023 and 2032. The market size is projected to reach around USD 304.82 billion by the end of the year 2032. The expanding use of IoT is driving the CAGR for Machine Learning as a Service (MLaaS) add-ons. Airbnb is able to uphold its core ideals while offering tailored service to each of its customers because to the knowledge that big data and machine learning generate. A number of IoT platform technology vendors are improving their operations management capabilities in order to take control of sizable IoT systems.