Federated Learning Solutions Market
Global Federated Learning Solutions Market Size, Share & Trends Analysis Report by Vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, Retail & e-Commerce, Manufacturing, Energy & Utilities, and Other Verticals) and by Application (Drug Discovery, Data Privacy & Security Management, Risk Management, Shopping Experience Personalization, Industrial Internet of Things (IIoT), Online Visual Object Detection, and Other Applications) Forecast Period 2021-2027
The global federated learning solutions market is anticipated to grow at a significant CAGR of 10.5% during the forecast period. The rising penetration of mobile phones, wearable devices, and autonomous vehicles is generating new opportunities for the market by generating a wealth of data every day through modern distributed networks. The growing computational power with concerns related to transmitting private information is attracting local data storage and network computation on edge devices. Federated learning has such potential to provide a user experience without leaking private information. Several industries including BFSI, healthcare & life sciences, and retail & e-commerce collect gigantic amounts of data every day from consumer devices including mobile phones, tablets, and personal laptops. Federated learning provides a unique approach to build such personalized models without intruding on the privacy of users.
The lack of skilled technicians and engineers who have the knowledge of new federated learning architecture with deployment and maintenance of machine learning models is a major challenging factor that will restrain the market growth. Additionally, there is no security guarantee that the important pieces of information, like credit card numbers, will not get leaked from an optimization algorithm, like Stochastic Gradient Descent.
Impact of COVID-19 Pandemic on Global Federated Learning Solutions Market
The COVID-19 pandemic had created a severe public health impact globally. Lots of companies had adopted work from home strategies to follow social distancing norms implemented by governments. This has created a huge demand for software and systems through which employees of these companies can work from their homes as per the industry requirements. Thus, COVID-19 has accelerated the market growth of federated learning solutions. The market is expected to grow even after the COVID-19 situation normalizes due to the rising implementation of IoT, AI, and machine learning-related solutions.
Segmental Outlook
The global federated learning solutions market is segmented based on the vertical and application. Based on the vertical, the market is segmented into BFSI, healthcare & life sciences, retail & e-commerce, manufacturing, energy & utilities, and other verticals (including telecommunications and IT, media and entertainment, and government). Based on the application, the market is segmented into drug discovery, data privacy & security management, risk management, shopping experience personalization, IIoT, online visual object detection, and other applications (including video analytics, corporate IT, genomics, and anomaly detection).
Global Federated Learning Solutions Market Share by Vertical, 2020 (%)
Healthcare & Life Sciences Held Considerable Share in Federated Learning Software Market by Vertical
The healthcare and life sciences segment holds a major share in the global federated learning solutions market. The Sudden outbreak of COVID-19 had given significant growth to the segment. The manufacturing segment is expected to grow fastest during the forecast period with the rising industrial automation through IIoT usage. The manufacturing industries are prioritizing data collection and its analysis through numerous sources including web, mobile, stores, and social media to remain competitive in the market which will give significant growth to the segment.
Regional Outlooks
The global federated learning solutions market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others, and the Rest of the World (the Middle East and Africa, and Latin America). European region holds considerable share in the global federated learning solutions market. Most of the federated learning solutions consumed globally is produced in the federated learning solutions region of France.
Global Federated Learning Solutions Market Growth, by Region 2021-2027
Asia-Pacific is Expected to Grow Considerably in the Global Federated Learning Solutions Market
Europe holds the major share in the global federated learning solutions market. The rapid infrastructural development of the technology verticals is the major factor to drive the market. The Asia-Pacific region is expected to grow fastest during the forecast period with the increasing adoption of technologies including data analytics, AI, and IoT. Additionally, the e-commerce sector is providing hyper-personalization and contextual recommendation support to the regional market. China, India, and Japan are the major contributors to the growth of the Asia-Pacific federated learning solutions market.
Market Players Outlook
The major companies serving the global federated learning solutions market includeNvidia Corp., Cloudera, Inc., IBM Corp., Microsoft Corp., Google LLC, and OWKIN, INC. . The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, For instance, IBM and NVIDIA had collaborated in May 2020 to accelerate edge analytics and deploy its applications. This had enabled the customers to compute at the edge through accelerated AI with NVIDIA’s easy-to-deploy cloud-native software stack.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global federated learning solutions market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Federated Learning Solutions Market
• Recovery Scenario of Global Federated Learning Solutions Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Federated Learning Solutions Market by Vertical
5.1.1. Banking, Financial Services, and Insurance (BFSI)
5.1.2. Healthcare & Life Sciences
5.1.3. Retail & e-Commerce
5.1.4. Manufacturing
5.1.5. Energy & Utilities
5.1.6. Other Verticals (including Telecommunications and IT, Media and Entertainment, and Government)
5.2. Global Federated Learning Solutions Market by Application
5.2.1. Drug Discovery
5.2.2. Data Privacy & Security Management
5.2.3. Risk Management
5.2.4. Shopping Experience Personalization
5.2.5. Industrial Internet of Things (IIoT)
5.2.6. Online Visual Object Detection
5.2.7. Other Applications (including Video Analytics, Corporate IT, Genomics, and Anomaly Detection)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Amazon Redshift
7.2. Cloudera, Inc.
7.3. Consilient Technologies Pvt. Ltd.
7.4. DataFleets Ltd.
7.5. Decentralized Machine Learning
7.6. Edge Delta, Inc.
7.7. Enveil
7.8. Google LLC
7.9. IBM Corp.
7.10. Impetus Technologies, Inc.
7.11. Infosys Ltd.
7.12. Inzata
7.13. Lifebit
7.14. Microsoft Corp.
7.15. NVIDIA Corp.
7.16. OmniSci, Inc.
7.17. Owkin, Inc.
7.18. SambaNova Systems
7.19. Secure AI Labs
7.20. Sherpa.ai
7.21. Snowflake Inc.
7.22. Tata Consultancy Services Ltd.
7.23. Teradata Ventage
7.24. Vertica Systems, Inc.
1. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
2. GLOBAL BFSI FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL HEALTHCARE & LIFE SCIENCES FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL RETAIL & E-COMMERCE FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL MANUFACTURING FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ENERGY & UTILITIES FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL OTHERS FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. GLOBAL FEDERATED LEARNING SOLUTIONS FOR DRUG DISCOVERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL FEDERATED LEARNING SOLUTIONS FOR DATA PRIVACY & SECURITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL FEDERATED LEARNING SOLUTIONS FOR RISK MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL FEDERATED LEARNING SOLUTIONS FOR SHOPPING EXPERIENCE PERSONLIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL FEDERATED LEARNING SOLUTIONS FOR IIOT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL FEDERATED LEARNING SOLUTIONS FOR ONLINE VISUAL OBJECT DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL FEDERATED LEARNING SOLUTIONS FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
19. NORTH AMERICAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
20. EUROPEAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
22. EUROPEAN FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
26. REST OF THE WORLD FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. REST OF THE WORLD FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
28. REST OF THE WORLD FEDERATED LEARNING SOLUTIONS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL FEDERATED LEARNING SOLUTIONS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL FEDERATED LEARNING SOLUTIONS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL FEDERATED LEARNING SOLUTIONS MARKET, 2021-2027 (%)
4. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET SHARE BY VERTICAL, 2020 VS 2027 (%)
5. GLOBAL BFSI FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL HEALTHCARE & LIFE SCIENCES FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL RETAIL & E-COMMERCE FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL MANUFACTURING FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL ENERGY & UTILITIES FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL OTHERS FEDERATED LEARNING SOLUTIONS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
12. GLOBAL FEDERATED LEARNING SOLUTIONS FOR DRUG DISCOVERY MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL FEDERATED LEARNING SOLUTIONS FOR DATA PRIVACY & SECURITY MANAGEMENT MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL FEDERATED LEARNING SOLUTIONS FOR RISK MANAGEMENT MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL FEDERATED LEARNING SOLUTIONS FOR SHOPPING EXPERIENCE PERSONLIZATION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL FEDERATED LEARNING SOLUTIONS FOR IIOT MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL FEDERATED LEARNING SOLUTIONS FOR ONLINE VISUAL OBJECT DETECTION MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL FEDERATED LEARNING SOLUTIONS FOR OTHERS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL FEDERATED LEARNING SOLUTIONS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. US FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
21. CANADA FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
22. UK FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
23. FRANCE FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
24. GERMANY FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
25. ITALY FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
26. SPAIN FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
27. REST OF EUROPE FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
28. INDIA FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
29. CHINA FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
30. JAPAN FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF ASIA-PACIFIC FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF THE WORLD FEDERATED LEARNING SOLUTIONS MARKET SIZE, 2020-2027 ($ MILLION)
