The service segment in the machine learning market

For those who are unfamiliar, the service segment in the machine learning market includes professional and managed services.

Majority of the companies do not have the expertise to successfully manage infrastructure, and hence, they outsource these services to third-party partners to maintain the level of security and safety.

According to Research and Markets, the growth of the professional services segment is mainly governed by the complexity of operations and increasing deployment of machine learning solutions.