Deep Learning Market Global Analysis 2018-2023: Key Findings, Trends, Regional Study, Top Key Players Profiles and Future Prospects
The
global deep learning market is projected to witness a rapid growth during the
forecast period owing to the increasing demand for the internet of things
applications across various industry verticals. The major fuelling factors for
the growth and adoption of deep learning are increasing popularity of
artificial intelligence and growing adoption of the same in customer-centric
services.
The
global Deep Learning Market by geography is segmented into North
America, Europe, Asia Pacific, and the Rest of the World. The North America
market is expected to witness significant growth and hold the largest share of
the global market during the forecast period. U.S. and Canada are anticipated
to drive the growth of the deep learning market in North America, owing to the
presence of a large number of established key players such as NVIDIA, Intel
Corporation, Xilinx, Inc., Micron Technology, Qualcomm Technologies, IBM
Corporation, Google, Inc., Microsoft Corporation, and Amazon Web Services, Inc.
among others in this region. Due to sustainable and well-established economies
in the region, the market is likely to show immense growth in the coming
future. Additionally, the growth of the market is also attributed to increasing
adoption of advanced technologies such as IoT, big data analytics, and cloud
computing, and rising concerns about data security across various industry
verticals. Rising variety of mobile malware attacks is further fuelling the
growth of global deep learning market.
The global Deep Learning Market is projected to reach USD 18 billion at a CAGR of over 41% by
the end of the forecast period 2017-2023.
Major Key Players:
·
Intel Corporation (U.S.)
·
Xilinx, Inc. (U.S.)
·
Samsung Electronics Co. Ltd. (South Korea)
·
Micron Technology (U.S.)
·
Qualcomm Technologies (U.S.)
·
IBM Corporation (U.S.)
·
Google, Inc. (U.S.)
·
Microsoft Corporation (U.S.)
·
Sensory Inc. (U.S.)
·
Amazon Web Services, Inc. (U.S.)
Regional Analysis:
The global deep learning market is studied
under Asia Pacific, North America, Europe, and Rest of the World. Asia Pacific
is estimated to account for the largest share of the market and is also
expected to grow with the fastest rate during the forecast period.
The growth of the market in North America is
attributed to advancements in the electronics industry and increasing demand
for deep learning technology across various industry verticals. Also, strong
presence of industry giants is another major factor driving the growth of deep
learning market in the region.
Deep
Learning Market Segmentation:
The
global deep
learning market is segmented by the component,
application, and end-user industry. The component segment is further segmented
into hardware, software, and services. Among these, the software sub-segment is
expected to hold the largest share of the global deep learning market, whereas
the services sub-segment is expected to grow at the highest rate during the
forecast period.
This
is owing to the increasing demand for different types of software, including
application program interfaces to realize the applications for cybersecurity
and the services that follow post installation of such software applications.
Intended Audience:
- Technology Investors
- Research/Consultancy Firms
- Consulting Service Providers
- System integrators
- AI solution providers
- AI platform providers
- Cloud service providers
- Technology providers
- AI system providers
- Universities and research organizations
- Investors and venture capitalists

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