Unveiling Market Dynamics through Machine Learning: Strategic Insights and Analysis

Authors

  • Vilas S. Gaikwad Associate Professor and HOD, Department of Information Technology Trinity College of Engineering and Research Pune
  • Shailesh Shivaji Deore Associate Professor, Department of Computer Engineering SSVPS B S DEORE College of Engineering Dhule Maharashtra
  • Govind M. Poddar Associate Professor, NES’s Gangamai College of Engineering. Nagaon, Dhule (Maharashtra), India
  • Rajendra V. Patil Assistant Professor, SSVPS Bapusaheb Shivajirao Deore College of Engineering, Dhule (M.S.), India
  • Deepali Sandeep Hirolikar AP and HOD, Department of Information Technology, PDEA'S College of Engineering Manjari Bk, Pune
  • Madhuri Pravin Borawake AP and HOD ,Department of Computer Engineering, PDEA'S College of Engineering Manjari Bk, Pune
  • Suman Kumar Swarnkar Dept of Computer Science and Engineering, Shri Shankaracharya Institute of Professional Management and Technology Raipur, India

Keywords:

Machine Learning, Market Dynamics, Strategic Insights, Data-driven Decision-making, Predictive Modeling

Abstract

Due to their extensive knowledge and potential to change the game, artificial intelligence (ML) and strategic analysis have become significant players in more competitive and global markets. The article "Unveiling Market Dynamics through Machine Learning: Strategic Insights and Analysis" provides the first in-depth analysis of the strong connection between machine learning and market analysis, illustrating how these two fields can collaborate to understand the complex market dynamics. Thanks to this research, businesses may now analyse complex patterns, hidden trends, and untapped opportunities in complicated market economies. He accomplishes this with the help of AI's capabilities. Another essential element of this relationship is emotion analysis, which makes use of the deep learning and natural language processing to examine public sentiment and provide vital information for improving marketing and product development strategies. The ability of ML to recognise fresh opportunities and niche markets gives it a competitive advantage. Furthermore, it excels at proactively identifying anomalies, cracks, and risks. This study highlights the integration of various data sources and the growing significance of ethical considerations in addition to providing a broad overview of ML's applications in market analysis. This research expands our understanding of the potential for data-driven decision-making as we navigate the intersection of ML and strategic market analysis. It also provides a road map for organisations looking to harness ML's transformative power to make knowledgeable, quick, and strategic decisions in today's dynamic business environment.

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Published

02.02.2024

How to Cite

Gaikwad, V. S. ., Shivaji Deore, S. ., Poddar, G. M. ., V. Patil, R. ., Sandeep Hirolikar, D. ., Pravin Borawake, M. ., & Swarnkar, S. K. . (2024). Unveiling Market Dynamics through Machine Learning: Strategic Insights and Analysis. International Journal of Intelligent Systems and Applications in Engineering, 12(14s), 388–397. Retrieved from https://ijisae.org/index.php/IJISAE/article/view/4675

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Section

Research Article

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