LONDON, Oct. 26, 2021 /PRNewswire/ -- Brandessence Market Research has published a new report title, "The machine learning as a service market reached USD 2.27 billion in 2020. The market is likely to grow at 39.2%, reaching USD 22.10 billion in 2027". The covid-19 pandemic has pushed many firms out of their comfort zones, and strongly towards digitalization, increased data analysis, and subsequent data automation. The machine learning promises a major prospect as migration to cloud also emerges as a key trends, thanks to increased interest in the arena by key tech players, lowering costs of data storage, and tremendous growth of data insights.