Deep Learning Market Current and Future Trends, Leading Players, and Regional Forecast 2027

A new report has recently been published by Persistence Market Research to present a comprehensive analysis of the global deep learning market. This report is an in-depth study of the concept of deep learning and the performance of the global market for deep learning across key end use industry sectors across seven key geographies.

The report carefully analyzes the different factors responsible for impacting market revenue growth over a 10 year assessment period and presents insights on the market growth and performance to investors and other key market stakeholders.

Get a Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/20281

Global Deep Learning Market: Revenue Forecast & Market Dynamics Analysis

According to Persistence Market Research forecasts, the global deep learning market is estimated to be valued at  US$ 261,113.0 Mn by the end of the forecast period in 2027. This denotes an exponential compound annual growth rate of 49.0% recorded during the period of forecast. This growth can be attributed to a need for better processing hardware, increase in research and development activities in some markets around the globe, and rapid adoption of cloud based technologies across the globe.

However, deep learning requires high performance hardware that is not easily available. Cost is another limiting factor. Also, several enterprises prefer the traditional route over hyperparameter optimization. These factors are expected to restrict revenue growth of the deep learning market in the coming decade. Utilization of deep learning technology in smartphones and medical image analysis for diagnosis of chronic diseases such as cancer; and in virtual patient assistance is trending the global deep learning market.

Global Deep Learning Market: Forecast Analysis by End Use Industry

The global deep learning market is segmented on the basis of end use industry into Manufacturing, Healthcare, Media & Entertainment, Security, Finance, and Others. Finance is the largest segment, expected to hold more than 40% value share of the global deep learning market by 2027.

Finance is also expected to be the fastest growing end use industry segment, with a CAGR of 60.1% during the forecast period. In terms of value, the Finance segment is projected to be the most attractive in the global deep learning market during the period of study.

Buy Report Now @ https://www.persistencemarketresearch.com/checkout/20281

Global Deep Learning Market: Forecast Analysis by Region

Seven regional markets are assessed in this report on the global deep learning market. These key geographies are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America is the leading regional market for deep learning, expected to hold 42.4% share of the global market by 2027 end.

APEJ is the second largest regional market, with an estimated value share of just under 26% by the end of the forecast period in 2027. In terms of value, North America is projected to be the most attractive region in the global deep learning market during the period of study.

Global Deep Learning Market: Key Player Insights

The report profiles some of the top companies in the global deep learning market such as Google Inc., Microsoft Corp., IBM Corporation, Facebook Inc., Qualcomm Technologies, Inc., NVIDIA Corp., Amazon.com, Inc., Intel Corporation, Clarifai, Inc., and Deep Instinct Ltd.

Key players are looking to adopt a strategy of moving to different sectors with their products from the deep learning algorithm to enhance revenue share in the global market. Companies in the global deep learning market are also focusing on improving their artificial intelligence capabilities and the deep learning service portfolio across multiple industry sectors like electronics retail.

Request for TOC @ https://www.persistencemarketresearch.com/market-research/deep-learning-market/toc

Market Segmentation

By End Use Industry
Manufacturing
Healthcare
Media & Entertainment
Security
Finance
Others

By Region
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.