Federated Learning Solutions Market to see Rapid Growth by 2029

The global federated learning solutions market is anticipated to grow at a considerable CAGR of 10.5% during the forecast period. The global federated learning solutions market is expected to grow with rising innovation and product launches by various market players. For instance,

    • NVIDIA had launched the NVIDIA AI Enterprise in March 2021. It is an optimized framework and enterprise-grade AI tool that runs on VMware vSphere. It reduces the AI model development time from 80 weeks to just 8 weeks.

    • Enveil had launched ZeroReveal 3.0 in February 2021. It had the capability of homomorphic encryption to reduce the risk while addressing business challenges including data sharing, collaboration, monetization, and regulatory compliance.

    • Owkin had launched the COVID-19 Open AI Consortium (COAI) in May 2020. This had enabled the effective treatment of COVID-19 infected patients with advanced collaborative research and accelerated clinical development. Owkin had used federated learning for the development of COAI which had enabled the pharmaceutical companies to understand the variations of drug efficacy on different patients, which had enhanced the drug development process.

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Market Coverage

                 The market number available for – 2021-2029

                 Base year- 2021

                 Forecast period- 2023-2029

Ø  Segment Covered- 

·                  By Vertical

·                  By Application

Ø  Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

                 Competitive Landscape- includes Nvidia Corp., Cloudera, Inc., IBM Corp., Microsoft Corp., Google LLC, and OWKIN, INC. 

Federated Learning Solutions Market Report Segment

By Vertical

             Banking, Financial Services, and Insurance (BFSI)

             Healthcare & Life Sciences

             Retail & e-Commerce

             Manufacturing

             Energy & Utilities

             Other Verticals (including Telecommunications and IT, Media and Entertainment, and Government)

By Application

             Drug Discovery

             Data Privacy & Security Management

             Risk Management

             Shopping Experience Personalization

             Industrial Internet of Things (IIoT)

             Online Visual Object Detection

             Other Applications (including Video Analytics, Corporate IT, Genomics, and Anomaly Detection)

A full Report of Federated Learning Solutions Market is Available at:  https://www.omrglobal.com/industry-reports/federated-learning-solutions-market

Federated Learning Solutions Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        Amazon Redshift

·        Cloudera, Inc.

·        Consilient Technologies Pvt. Ltd.

·        DataFleets Ltd.

·        Decentralized Machine Learning

·        Edge Delta, Inc.

·        Enveil

·        Google LLC

·        IBM Corp.

·        Impetus Technologies, Inc.

·        Infosys Ltd.

·        Inzata

·        Lifebit

·        Microsoft Corp.

·        NVIDIA Corp.

·        OmniSci, Inc.

·        Owkin, Inc.

·        SambaNova Systems

·        Secure AI Labs

·        Sherpa.ai

·        Snowflake Inc.

·        Tata Consultancy Services Ltd.

·        Teradata Ventage

·        Vertica Systems, Inc.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

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