Press release
Global Deep Learning Market Size, Share and Forecast to 2028
Deep learning is a subset of Artificial Intelligence (AI) & machine learning that has networks which can learn from unstructured or unlabeled data.
Deep learning can help people expand their capabilities by offering expert assistance. Organizations use deep learning networks to gain valuable insights from large quantities of data. This is done to deliver innovative products and better customer experiences, thus increasing the market's revenue opportunities.
Depending on the application, most companies producing and developing deep learning systems and related software provides online and offline support. Many organizations offer installation, training and support related to these systems, as well as online support and technology and necessary services post-maintenance.
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Trends Influencing Deep Learning Market Share
Increased use of deep learning technology among different industries such as automotive and advertisement
Heavy research and development to extend better processing hardware for deep learning
Increasing the need for high-computing hardware platforms to execute deep learning algorithms
Increasing adoption of cloud-based technology
High use of deep learning in big data analytics
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Region Wise Deep Learning Market Analysis
Due to heavy investment in deep learning applications, platforms, and systems, the North America region is predicted to be highly lucrative. It is expected that the development of humanoid robots in conjunction with applications in video-to-video synthesis, image recognition and language translation would culminate in a high windfall for the regional deep learning industry.
With the rise of startups offering solutions in machine learning and artificial intelligence in China, India, and Japan, APAC area is expected to showcase exponential growth. The rise in chatbots and the continuous improvement seen in virtual personal assistants are other factors that can promote market growth.
Deep Learning Market Type
• Hardware
• Software
• Services
Deep Learning Market Application
• Healthcare
• Manufacturing
• Automotive
• Agriculture
• Retail
• Security
• Human Resources
• Marketing
BY REGION
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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