Deep Learning Market

Deep Learning Market: Global Industry Analysis 2012 – 2016 and
Opportunity Assessment; 2017 – 2027
January 2018
Report Id : REP-GB-5013
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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Deep Learning Market
Deep learning is evolving as one of the most advanced technologies in enterprise
computing. Organizations are using deep learning neural networks to obtain valuable
insights from vast amounts of data to offer innovative products and improved
customer experience and thereby increasing revenue opportunities for the deep
learning market. The rising need for enhanced human and system interaction will be
driving the growth of global deep learning market during the forecast period. As
deep learning systems offer expert assistance, it will assist humans to extend their
capabilities. Also, there is a rise in usage of deep learning technology across various
industrial verticals such as medical, finance, automotive retail, and others. Another
driving factor for this market is the robust R&D for the expansion of better
processing hardware for deep learning.
There is increasing demand for deep learning in fraud detection, database systems,
and cyber security is driving the growth of data mining applications in deep learning
market. Healthcare industries produce a huge volume of data sets related to patient
details, diagnosis, etc. Thus, data mining is anticipated to witness highest growth
rate in the healthcare sector in the near future.
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Deep Learning Market
Deep Learning Market: Market Dynamics
Rising necessity for hardware platforms with high computing power to execute deep
learning algorithms is a driving factor of Deep Learning market
Increasing complexity in hardware due to the complex algorithm in deep learning
technology can hamper the growth of Deep Learning market.
Growing usage of deep learning in data analytics and database systems growth
opportunities for Deep Learning Market.
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Deep Learning Market
Global Deep Learning Market: Competition Landscape
Few prominent players in Deep Learning market includeGoogle Inc., Microsoft
Corporation, Qualcomm Technologies, Inc., IBM Corporation, Intel Corporation,
General Vision Inc. and NVIDIA Corporation, etc.
Deep Learning Market: Regional Outlook
North America is prominent and holds the largest share in the deep learning market
and is estimated to be in the leading position owing to the widespread adoption of
deep learning technology. There is high growth of deep learning market in North
America due to the presence of prominent players in the region that offers deep
learning services and hardware such as IBM Corporation, Qualcomm Technologies,
Inc. and Intel Corporation, etc. Latin America and MEA are expected to contribute
significantly over the forecast period.
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