1. Market Research
Deep Learning Market by Application, End-User Industry, and Geography - Global Forecasts to 2022

Deep Learning Market: Global Forecasts until 2022

  • November 2016
  • 182 pages
  • ID: 4405153
In this report:
The U.S. is the leading country in the adoption of deep learning technology because of the presence of major deep learning solutions providers, such as IBM Corporation (U.S.), Microsoft Corporation (U.S.), Google, Inc. (U.S.), and Facebook, Inc. (U.S.), is driving the deep learning market in the U.S. Increasing cybercrimes and internet fraudulent in applications such as finance, banking, healthcare, and insurance, among others is fueling the demand for deep learning technology in the U.S. The deep learning market in Mexico is expected to reach USD ##.## million by 2022, at a highest CAGR of ##.##% between 2016 and 2022.


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"Deep learning market forecasted to grow at a CAGR (Compound annual growth rate) of 65.30 percent between 2016 and 2022"

According to the new market research report on deep learning, this sector is anticipated to be worth $1772.90M by 2022, increasing at a compound annual growth rate (CAGR) of 65.30 percent between 2016 and 2022. The rise of the deep learning market can be accredited to the growing demand for deep learning applications in various end-user sectors like automotive, media and advertising, finance, medical, aerospace and defense, and others. This market increase is further propelled by its usage in Big Data analytics. Nevertheless, the rising complexity in hardware due to the complex algorithm used in the deep learning technology restrains the increase of the market.

"Image recognition application maintains the biggest share of the market"

This industry report includes deep learning applications including image recognition, signal recognition, data mining, and others. Image recognition maintains the most important share of the deep learning market according to its use in industries including aerospace and defense, I.T. and telecom, and media and advertising. The image recognition market is increasing with the advent and growing use of technology in social media platforms including Facebook, Instagram, and Flickr. The rising adoption of Android, Windows, and iOS phones would further fuel the industry demand for the image recognition application in the deep learning market.

"Software maintains the biggest share of the deep learning market by offering"

This study contains the hardware and software offering in the deep learning technology. Software maintains the larger share of the deep learning market in the image recognition application as a result of the increasing demand for image data study among online marketing and security and surveillance firms. For example, in the security and surveillance market, the image recognition technology is used for biometric face mapping, vehicle identification, and monitoring of public facilities to improve indoor as well as outdoor security.

"Deep learning market in North America (NA) forecasted to grow at the maximal rate"

This analysis includes the deep learning market in regions including North America, EU, Asia Pacific (APAC), and Rest of the globe. The sector in North America continent is anticipated to grow at an important compound annual growth rate (CAGR) between 2016 and 2022. The main reason for the increase ot the deep learning market in North America (NA) is the presence of main firms in the territory offering deep learning solutions/platforms and hardware including Google Inc., IBM Corp., Microsoft Corporation, Qualcomm Technologies, Incorporated, Skymind, Sensory Inc., General Vision Inc., Intel Corporation, and NVIDIA Corporation.

Key players' distribution profiles:

- By Company Type: Tier 1 - 20.0 percent, Tier 2 - 55.0 percent, and 1/3 3 - 25.0 percent

- By Description: C-suite - 50.0 percent, D-level - 25.0 percent, and Others - 25.0 percent

- By area: North america (NA) - 60.0 percent, APAC - 10.0 percent, Europe - 20.0 percent, and rest of the world - 10.0 percent

The firms that are profiled in the analysis are Google Inc., IBM Corp., Microsoft Corporation, Qualcomm Technologies, Incorporated, Skymind, Baidu, Incorporated, Hewlett Packard Enterprise, Sensory Inc., General Vision Inc., Intel Corporation, and NVIDIA Corporation.

Segment Research

This market report contains the main software solutions/platforms and components of the deep learning market. Deep learning is deployed in distinct applications including image recognition, signal recognition, data mining, and others (recommender system and drug discovery). The market research includes different end-user industries including aerospace and defense, IT and telecom, medical, automotive, industrial, media and advertising, finance, retail, oil, gas and energy, and others (agriculture, education, law). The entire deep learning market is broken down on the basis of area into North America continent, Europe (EU), Asia-Pac, and RoW.

Why Purchasing This Study Can Help You:

- This business report includes the industry statistics pertaining to application, offering, end-user sector, and territory together with their respective revenue.

- The porter's Five forces scheme has been provided along with the value chain study to offer a detailed insight into the deep learning market.

- The main drivers, market restraints, opportunities, and alternatives for the deep learning market have been precised in this industry report.

- Figures of segmentation, study, and estimate for deep learning market established on application, offering, end-use application and area have been provided to give an global view of the deep learning market.

- An exhaustive competitive analysis has been provided including top players, complete study, and revenue of main actors.

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