Deep Learning Market - Top Impacting Factors That Could Escalate Markets | Sensory, Inc., Skymind, Inc., Xilinx, Inc., Google LLC, IBM Corporation, Intel Corporation, Micron Technology, Inc.

Deep learning is a subfield of machine learning that consist of a series of computer instructions or algorithms that is inspired by the function and structure of the brain. Deep learning is widely known as artificial neural networks or deep neural networks. Deep neural networks are a set of algorithms that are designed to recognize patterns and are built with components of larger machine-learning applications, which includes algorithms for reinforcement learning, classification, and regression. Examples of deep learning applications includes driverless cars, voice control in consumer devices, and many others, which help boost the deep learning market size.

Rising need to improve computing power and decline hardware cost owing to deep learning algorithms capability to run or execute faster on a GPU as compared to a CPU is resulting into high adoption of deep learning technologies among various industries. Also, proliferation of deep learning integration with big data analytics is expected to drive the growth of the global deep learning market during the forecast period. However, lack of technical expertise in deep learning and absence of standards and protocols are the factors that can hamper the deep learning market growth.

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The global deep learning market is segmented based on component, application, end-user industry, and region. Based on component, it is categorized into hardware, software, and services. Based on application, it is classified into image recognition, signal recognition, data mining, and others. Based on end-user industry, it is divided into law, retail, fintech, healthcare, automotive, marketing, manufacturing, human resources, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the global deep learning market analysis are Sensory, Inc., Skymind, Inc., Xilinx, Inc., Google LLC, IBM Corporation, Intel Corporation, Micron Technology, Inc., Microsoft Corporation, Nvidia Corporation, Amazon Web Services, Inc., Qualcomm Incorporated, and Samsung Electronics Co., Ltd

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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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KEY MARKET SEGMENTS

BY COMPONENT

o Hardware
o Software
o Services

BY APPLICATION

o Image Recognition
o Signal Recognition
o Data Mining
o Others

BY END-USER INDUSTRY

o Law
o Retail
o Fintech
o Healthcare
o Automotive
o Marketing
o Manufacturing
o Human Resources
o Others

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