Deep Learning Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2025
30th Nov 2020 - The global Deep Learning Market is estimated to touch US$ 10.2 billion by the completion of the prediction period. The market was appreciated by US$ 272.0 million in the year 2016. Growing applicability in the self-governing automobiles and healthcare businesses is likely to add considerably to the progress of the business. This expertise is attaining importance because of its applications, which motivated by multifaceted data, comprising the recognition of image and voice. It proposes an enormous opening for investment. It leveraged above additional expertise to overcome defies of greater sizes of information, extraordinary supremacy of calculating, and development in data storing.
The Deep Learning market is estimated to develop at a CAGR of 52.1%
for the duration of the prediction. The deep learning
industry on the source of Type of End Use could span Manufacturing, Defense
& Aerospace, Healthcare, Automobile, and Others. The deep learning in the
subdivision of Defense & Aerospace contributed over 20% stake of the market
income in the year 2016. Owing to its detection of malware, spectrogram
analysis, applicability remote sensing, identifying network anomalies, and
object detection & localization. Additionally, the universal drive GPUs are
progressively increasing from aircraft cockpit to soldier infantry by means of
wearable computing.
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The deep learning
industry on the source of Type of Application could span Data mining, Voice
recognition, Video surveillance & diagnostics and Image recognition. The
subdivision of image recognition ruled the business in the year 2016. It has
bagged an income stake of above 40%. Some of the most extensively utilized
applications of this expertise comprises Facebook’s feature of facial
recognition. It extensively utilized to identify shapes in formless information
comprising videos, text, images and sound.
The Deep Learning
market on the source of Type of Service could span Maintenance & Support
Services, Installation Services, Integration Services, Hardware and Software. The deep learning industry on the source of
Type of Hardware could span Application-Specific Integrated Circuit [ASIC],
Graphics Processing Unit [GPU], Field Programmable Gate Array [FPGA], Central
Processing Unit [CPU].
The subdivision of
Graphics Processing Unit [GPU] ruled the hardware section in the year 2016.
GPUs proposes a quicker presentation as matched to additional chipsets. The
increasing necessity for superior pictorial content has headed to an augmented
demand for GPUs in deep learning uses.
Some of the
important companies operating in the field on international basis are Microsoft Corporation, Intel Corporation,
Google, Inc., AWS, Sensory Inc., IBM and Amazon Web Services. Additional
notable hardware manufacturing companies operating in the field are- NVIDIA
Corporation, Qualcomm Technologies, Samsung Electronics, Micron Technology,
OMRON, General Vision, Xilinx, Graph core, and Mellanox Technologies.
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Deep Learning Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East and Africa
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