The Deep Learning Market is Forecast to Grow at a CAGR of 49% by 2027

Persistence Market Research predicts that the worldwide deep learning market will be worth US$ 261,113.0 Mn by the end of the forecast period in 2027. This demonstrates that there was a 49.0% compound annual growth rate during the anticipated period. This trend can be linked to three factors: a rise in some organisations' international R&D activity; a need for better processing equipment; and the quick adoption of cloud-based technologies worldwide.

The global deep learning industry was thoroughly investigated in a research by Persistence Industry Research. This study offers a thorough examination of the deep learning idea as well as the performance of the global deep learning market across critical end-use industry sectors and across seven crucial geographies.

The research delivers insights on the market growth and performance to investors and other important market stakeholders after carefully analysing the various aspects that have an impact on market revenue growth over a ten-year evaluation period.

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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.

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.

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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.

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

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Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

This release was published on openPR.