Deep Learning Market expected to hit USD 137.58 Bn by 2029 during the forecast period at a CAGR of 41.5 percent

Pune 9 March 2023: The "Deep Learning Market" was USD 8.56 Bn in 2021 and is expected to grow at a CAGR of 41.5 percent to reach USD 137.58 Bn by 2029 during the forecast period. The Deep Learning Market report is published by Maximize Market Research available in the market. It has got clients in Information Technology & Telecommunication segment in more than 34 countries.

Deep Learning Market Scope and Research Methodology

The Deep Learning Market report provides statistical insights, crucial factors and loopholes of the industry. The Deep Learning Market report suggests the scope for the new market entrants through pricing analysis, gross income, revenue and segments such as product type and application. The Deep Learning Market report covers global trends which are expected to influence the Deep Learning Market in geographical regions such as North America, Asia Pacific, Middle East and Africa, Europe and South America. The Deep Learning Market report provides a detailed information about business strategies, recent developments and mergers and acquisitions among major key manufacturers. The bottom-up approach is used to estimate the market size by value and volume. The data has been collected through primary and secondary research methods. Primary research includes industry expert's opinions, telephonic interviews with senior research analysts whereas information from paid databases, annual reports and white papers from organizations has been gathered in secondary. The data further analysed by SWOT and PORTER's five force model.

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Deep Learning Market Dynamics

Deep Learning Market is growing at a rapid pace and is driven by several key factors. One of the main drivers is the increasing demand for artificial intelligence (AI) and machine learning (ML) applications across various industries. This demand is fueled by the need for better decision-making, automation of complex tasks, and enhanced customer experience. Moreover, the development of new applications and the integration of deep learning into existing applications are expected to create new opportunities for Deep Learning Market growth. Furthermore, the increasing investments by tech giants in the research and development of deep learning technology are also expected to fuel Deep Learning Market growth. The complexities in merging deep learning with software solutions and the paucity of standards is expected to hinder the growth of the Deep Learning Market.

Deep Learning Market Regional Insights

North America expected to dominate the Deep Learning Market during the forecast period. The growing investment in artificial intelligence and neural networks by major key companies such as Arm Ltd., Enlitic, Skymind and Microsoft Corporation driving the North America Deep Learning Market.

The rapid economic development in Asia-Pacific economies such as China and India along with growing penetration of smart devices is expected to drive the Asia Pacific Deep Learning Market throughout the forecast period at a CAGR of 37.1 percent.

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Deep Learning Market Segmentation

By Component:

Hardware
Software

By Application:

Speech Recognition
Image Recognition
Data Mining
Drug Discovery
Driver Assistance
Others

By Architecture Industry:

RNN
CNN
DBN
DSN
GRU

By End Use Industry:

Healthcare
Automotive
Media & Entertainment
BFSI
Other

Deep Learning Market Key Players Include:

Advanced Micro Devices, Inc.
Arm Ltd.
Baidu Inc.
Clairifai Inc.
Enlitic
General Vision Inc.
Google Inc.
Hewlett Packard
IBM Corporation
Intel Corporation
Microsoft Corporation
Nvidia Corporation
Qualcomm Technologies Inc.
Sensory Inc.
Skymind
Alphabet Inc.
Micron Technology Inc.
Amazon Web Services
Graphcore
Xilinx
Sensory Inc.
Mellanox Technologies

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Table of Content for Global Deep Learning Market:

Global Deep Learning Market: Research Methodology
Global Deep Learning Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Deep Learning Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Deep Learning Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Architecture Industry (2021-2029)
Global Market, by End Use Industry (2021-2029)

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Regional Deep Learning Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Architecture Industry (2021-2029)
Regional Market, by End Use Industry (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component, Application, Architecture Industry, End Use Industry
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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