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Global Deep Learning Market is expected to thrive at impressive CAGR by 2022 & Top Key Players are Gridspace, Indico, MarianaIQ, Affectiva, Clarifai, Deep Genomics, Ripjar, Deep Instinct, Ditto Labs, Enlitic and MetaMind

05-29-2019 07:03 AM CET | IT, New Media & Software

Press release from: Kenneth Research

Global Deep Learning Market is expected to thrive at impressive

The growth of the deep learning market can be attributed to the increasing demand for deep learning applications in different end-user industries such as medical, aerospace and defense, automotive, media and advertising, finance and others.

Market Dynamics

The key factors driving the growth of the market are the vast increases in the amount of data, significant improvements in machine learning algorithms and exponential advances in hardware speed. Deep learning helps humans to extend their capabilities as it can provide expert assistance. Of all the applications of deep learning image recognition holds the largest share of the deep learning market because of its use in industries such as aerospace and defense, media, I.T. and telecom, and advertising. The main hindrance for the growth of the market is increasing complexity in hardware due to the complex algorithm used in the deep learning technology.

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Market Segmentation
On the basis of product type the market is segmented into Hardware, Software and Services. The software segment held the maximum market share during 2015 and will continue to drive the growth prospects for the global deep learning system market in the forecast period. This is because of the rising demand for image data analysis among online marketing and security and surveillance companies On the basis of end users the market is segmented into Aerospace & Defense, BFSI, Retail and Healthcare. Deep learning in the aerospace & defense sector contributed to over 20% of the market revenue in 2016 owing to its applicability spectrogram analysis, object detection & localization, remote sensing, identifying network anomalies, and malware detection.

Geographic Analysis
The deep learning market is distributed over the regions of North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market in North America held a revenue share of over 45% in 2016. The presence of many companies like Facebook, Microsoft and Google in North America that offer platform for deep learning has made it a leading market share holder. Europe has contributed significantly to the industry growth as several new measures have been taken by the European Government for the development of the artificial intelligence sector in the region.

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Key Players
Alphabet, LISA lab, Microsoft, Facebook, BVLC and Nervana Systems are the leading players in the global deep learning system market. Other prominent vendors in the market include Gridspace, Indico, MarianaIQ , Affectiva, Clarifai, Deep Genomics, Ripjar, Deep Instinct, Ditto Labs, Enlitic and MetaMind.

Report Contents Regional Analysis Report Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis

Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

Contact Us 

Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

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