openPR Logo
Press release

Deep Learning Chip Market to Grow at a CAGR of 30.0% to reach US$ 21.31 Bn Million from 2019 to 2027

10-18-2021 11:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The global deep learning chip market accounted for US$ 2.04 Bn in 2018 and is expected to grow at a CAGR of 30.0% during the forecast period 2019 – 2027, to account for US$ 21.31 Bn by 2027.

Get Exclusive Sample Pages of Deep Learning Chip Market with Latest Research at https://www.theinsightpartners.com/sample/TIPRE00003229/?utm_source=OpenPR&utm_medium=10384

Some of the companies competing in the Deep Learning Chip market are Advanced Micro Devices, Inc., Amazon Web Services, Inc., Bitmain Technologies Holding Company, Baidu, Inc., Google, Inc., Intel Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Xilinx Inc. among others.

Quantum computing takes seconds to finish a calculation that would otherwise take more time. Quantum computers are an innovative transformation of artificial intelligence, machine learning, and big data. Therefore, the prominence of quantum computing is expected to drive the growth of the deep learning chip market. Furthermore, quantum computing is beneficial for various factors including, portfolio optimization, fraud detection, and risk management, and the areas where immediate data feedback is required. Thus, it is easier for a single processor to perform complex calculations in seconds. Additionally, with the internet's scale and size, deep learning helps to maintain large data sets at a very low cost. Hence, these factors are expected to boost the growth of the global deep learning chip market.

Deep Learning Chip Market: Industry Overview

The deep learning chip market by industry vertical is segmented into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. The BFSI holds a significant share in the market, whereas, healthcare is expected to be the fastest-growing solution during the forecast period. The healthcare segment generates a huge amount of data ranging from customer’s personal data to clinical research data. The deep learning chip market is experiencing high growth in the medical sector with huge investments and projects made by companies to develop treatments based on the concept of machine learning. There are various areas where artificial intelligence is being applied in the healthcare sector. Some of these areas include Diagnosis and Treatment Systems, Image Analytics & Diagnosis and others. On the other hand, BFSI Institutions face a dynamic & challenging environment with superior competition from specialized Fin-Tech enterprises, increasing regulatory supplies and pressure on interest margins in a low-interest rate market. All of this at a time when consumer behavior is transforming and traditional banking practices and models are no longer adequate to achieve the increasing consumer demands.

Order a Copy of Deep Learning Chip Market Size, Share, Strategic Insights, and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPRE00003229/?utm_source=OpenPR&utm_medium=10384

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive, and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Deep Learning Chip Market to Grow at a CAGR of 30.0% to reach US$ 21.31 Bn Million from 2019 to 2027 here

News-ID: 2431981 • Views: 348

More Releases from The Insight Partners

Secondary Refrigerants Market 2021: Will Rapidly Grow in Future by Size, Share, …
Secondary refrigerants are liquids which are being used in an air conditioning system. The prime purpose of secondary refrigerant is to transfer heat from material that is being cooled; to the heat exchanger where heat is absorbed by the primary refrigerant. Chilled water is being used as a secondary refrigerant in high-temperature applications. Brines, glycols, and oils are used as secondary refrigerants in low-temperature applications. Secondary refrigerants are used as
Glass Door Merchandiser (GDMs) Market Global Industry Analysis, Size, Share, Tre …
Glass Door Merchandiser (GDMs) Market study by “The Insight Partners” provides details about the market dynamics affecting the market, scope, segmentation and overlays shadow upon the leading players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Glass Door Merchandiser (GDMs) Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market.
Resin Capsules Industry 2021 PDF Guide, Global Analysis and New Technologies til …
Resin is a viscous or solid substance, secreted from many plants, mainly coniferous. They have a synthetic origin and is typically convertible into polymers. Resin capsules are vicious, water-insoluble, and flammable substance, constituting binding properties along with quick setting time. Resin capsule generally is, a permeable container, containing resin beads which is generated for combinatorial solid-phase organic synthesis. A high-density polyethylene ring sealed with a peek mesh is placed on
Refrigerated Glass Door Market Future Growth, Size, Share, Trends, Worldwide Bus …
Refrigerated Glass Door Market study by “The Insight Partners” provides details about the market dynamics affecting the market, scope, segmentation and overlays shadow upon the leading players highlighting the favorable competitive landscape and trends prevailing over the years. The report segments the global Refrigerated Glass Door Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified

All 5 Releases


More Releases for Deep

Fully automatic deep hole drilling
TBT loading system allows unmanned shifts Along with other precision machined components, GLUMANN Maschinenbau in Chemnitz, Germany specialises in producing long rotating shaft type parts. Deep Hole Drilling plays an important role the production of these items and so in order to keep up with the growing volume demands from an engineering customer, the contract manufacturer (GLUMANN) decided to equip their new Deep Hole Drilling Machine from TBT with a fully
Deep Wrinkle FOld Treatment
Feel that you look older than your age? Your face always seems to be having a sad look? These are mainly due to deep wrinkles and folds that develop over time on our face due to ageing of the bone, muscle, ligaments and fat loss on our face. Nasolabial Fold: (Nose to lip corner) Some lines in this area are natural, but as they get deeper, the skin folds over and makes the face
Deep Dive-Power Generation Market
Power generation in the world is constantly evolving prompted by concerns related to climate change and cost of power generation. Overall, non-hydropower sources such as solar and wind power, and natural gas are being preferred for power generation. Distinct trends in power generation are being observed in different regions of the world. In the Asia-Pacific (APAC) region, coal power dominates and will continue to dominate with strong inroads made by solar
Connected Home Devices Deep Dive
ReportsWorldwide has announced the addition of a new report title Connected Home Devices Deep Dive to its growing collection of premium market research reports. Connected Home Devices Deep Dive breaks down Parks Associates' latest data on consumer preferences for interoperability among 13 popular smart home devices. First, the report provides a brief overview of current smart home adoption and purchaser demographics. Next, the report analyzes new data on exterior-monitoring cameras and consumer preferences
Tungsten Powder Industry Deep Research
Latest Report Added by ‘ProfResearchReport’ on “Tungsten Powder Industry” with Deep Research, Analysis, Reviews, Trends & Forecast by 2021. The Global and Chinese Tungsten Powder Industry, 2011-2021 Market Research Report is a professional and in-depth study on the current state of the global Tungsten Powder industry with a focus on the Chinese market. The report provides key statistics on the market status of the Tungsten Powder manufacturers and is a valuable
KONA DEEP BRINGS DEEP OCEAN, ELECTROLYTE-RICH WATER TO CONSUMERS
Kona, HI (August 1, 2016) – Kona Deep, the premium and natural water brand bottled straight from the deep ocean, is continuing to expand and grow nationally, giving consumers the opportunity to experience exceptionally hydrating water from the most natural source. Kona Deep refreshes, hydrates and naturally benefits your body unlike any other water around. At more than 3,000 feet below the surface, in near-freezing temperatures and prolonged darkness, an ocean