Deep Learning Market: Business Opportunities, Current Trends, Market Challenges & Global Industry Analysis & Forecast by 2026- NVIDIA, Samsung Electronics, Intel Corporation

Deep learning, considered as a subfield of Machine Learning, is concerned with algorithms and is largely inspired by the brain’s structure and a function called the artificial neural network. Technology is advancing at an alarming pace, and the latest advancements in artificial intelligence (AI) are nothing short of overwhelming.

Deep learning needs high-end machines, contrary to traditional machine learning algorithms. In addition, in traditional machine learning techniques, a majority of the applied features need to be identified by a domain expert in order to reduce data complexity and make patterns more visible to learning algorithms to work. However, deep learning learns high-level features from data in an incremental manner, which eliminates the requirement for domain expertise as well as feature extraction. Deep learning is also known as deep neural learning or deep neural network.

Penetration in Big Data Analytics is extensively adopted by various business organizations as they are collecting a significant amount of data according to the requirements of the organization. This data generation is estimated to increase further with upcoming technologies such as 5G. Therefore, it is estimated that deep learning will find applications in big data analytics in order to extract sophisticated patterns from a large amount of data.

AI-enabled with deep learning can analyze massive volumes of customer data within seconds. It also provides insights regarding previous shopping history and analyses customer choices. Through these techniques, players can also understand customers’ price preferences. The escalating use of artificial intelligence in customer data analysis is anticipated to create ample opportunities for the global deep learning market.

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The Major Prominent Players Covered in this Report: NVIDIA, Samsung Electronics, Intel Corporation, Xilinx, Qualcomm, Micron Technology, IBM, Google Inc., Microsoft Corporation, and Amazon Web Services. The market also has start-ups such as Mythic, Graphcore, Adapteva, and Koniku operating globally., & More...

By Hardware, CPU, GPU, FPGA, ASIC By Solution, Hardware, Software, Services
By End-User, Automotive, Aerospace & Defense, Healthcare, Manufacturing, Marketing, Others

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Deep Learning in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Deep Learning market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Deep Learning and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Deep Learning. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

R&D Activities:
Key players are relying on strategic mergers and acquisitions to enhance their market penetration. For instance, after the acquisition of Nervana Systems in 2016, Intel introduced Intel Nervana Neural Network Processor, the first silicon for a neural network processor. The technology helps end-user companies build new sets of AI applications that maximize the amount of processed data. It also provides insights and helps companies transform their business with deep learning technology.

Key Questions Answered in the Report:
What is the current scenario of the Global Deep Learning market? How is the market going to prosper throughout the forecast period?

What are the emerging technologies and related tools that are going to profit the market?

What is the current size of the Global Deep Learning Market?

Which segments are the fastest growing and the largest in the market? What is their market potential?

What are the driving factors contributing to market growth during the short, medium, and long term?

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