Federated Learning is a machine learning setting where the goal is to train a high-quality centralized model with training data distributed over a large number of clients each with unreliable and relatively slow network connections. Federated learning (also known as collaborative learning) is a machine learning technique that trains an algorithm across multiple decentralized edge devices or servers holding local data samples, without exchanging them.
MARKET DYNAMICS
Various factors such as the potential to enable companies to leverage a shared ML model collaboratively by keeping data on devices and the capability to enable predictive features on smart devices without impacting user experience and leaking private information are expected to offer growth opportunities for federated learning solutions during the forecast period. However, lack of skilled technical expertise is restraining the growth of the market.
MARKET SCOPE
The "Global Federated Learning Solutions Market Analysis to 2028"? is a specialized and in-depth study of the federated learning solutions market with a special focus on the global market trend analysis. The report aims to provide an overview of federated learning solutions market with detailed market segmentation by application, vertical. The global federated learning solutions market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading federated learning solutions market player and offers key trends and opportunities in the federated learning solutions market.
MARKET SEGMENTATION
The global federated learning solutions market is segmented on the basis of application, vertical. On the basis of application, market is segmented as drug discovery, data privacy and security management, risk management, shopping experience personalization, industrial internet of things (IIOT), online visual object detection, other. On the basis of vertical, market is segmented as BFSI, healthcare and life sciences, retail and e-commerce, manufacturing, energy and utilities, other
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global federated learning solutions market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The federated learning solutions market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting federated learning solutions market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the federated learning solutions market in these regions.
MARKET PLAYERS
The reports cover key developments in the federated learning solutions market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from federated learning solutions market are anticipated to lucrative growth opportunities in the future with the rising demand for federated learning solutions market. Below mentioned is the list of few companies engaged in the federated learning solutions market.
The report also includes the profiles of key federated learning solutions market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- NVIDIA
- Cloudera, Inc
- IBM Corporation
- Microsoft Corporation
- Google LLC
- OWKIN, INC.
- Intellegens
- DataFleets
- Edge Delta
- Enveil
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