Press release
Deep Learning Market in the US to grow at a CAGR of 57.29% during the period 2017-2021
Deep learning is an advanced algorithm that possesses the ability to study large chunks of relevant data to derive meaningful patterns that assist cognitive decision- making. This technology is preferred over machine learning as it enables the user to analyze large data sets. Deep learning algorithms can assess complicated data sets using matrix multiplication. Although machine learning and deep learning algorithms are overlapping subsets of artificial intelligence (AI), the difference lies in the size of input data.
Technavios analysts forecast the deep learning market in the US to grow at a CAGR of 57.29% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the deep learning market in the US for 2017-2021. To calculate the market size, the report considers technology/software installations and related services carried out for deep learning algorithms in process and discrete industries.
Technavio's report, Deep Learning Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Amazon Web Services
IBM
Intel
Other prominent vendors
Microsoft
NVIDIA
OMRON
Qualcomm Technologies
Market driver
Enabling condition monitoring in industries
For a full, detailed list, view our report
Market challenge
Technical difficulties encountered
For a full, detailed list, view our report
Market trend
Advances in deep learning
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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