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Deep Learning Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Deep Learning Market Statistics 2028The global Deep Learning market size is projected to reach US$ 11910 million by 2028, from US$ 2671.2 million in 2021, at a CAGR of 23.6% during 2022-2028. Key drivers of the market growth include the increasing adoption of deep learning software solutions in various applications such as smartphone assistants, ATMs that read checks, voice and image recognition, etc. Deep learning is a class of machine learning algorithms based on artificial neural networks with representation learning.
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The deep learning market is expected to rise significantly during the forecast period due to rising computing power, declining hardware costs, and the widespread adoption of cloud-based technology. The growth of the market will propel further due to mass usage of deep learning in big data analytics and increasing adoption of AI in customer-centric services in deep learning.
Global Deep Learning Market Share Analysis
Based on region, Asia-pacific is expected to be the most lucrative region during the forecast period. The demand will grow rapidly due to an exponential rise in chatbots and continuous improvement seen in virtual personal assistants.
Based on type, the software segment is expected to be the most lucrative during the forecast period due to the rising adoption of software deep learning technologies for processing and synthesizing large volumes of data with reduced complexity.
Based on application, the security segment is expected to be the most lucrative during the forecast period due to rising cyberattacks and online threats companies are investing heavily into security solutions in order to protect the privacy of important confidential data and to avoid data loss.
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Deep Learning Market Type
• Hardware
• Software
• Services
Deep Learning Market Application
• Healthcare
• Manufacturing
• Automotive
• Agriculture
• Retail
• Security
• Human Resources
• Marketing
Deep Learning Market Companies
• Amazon Web Services (AWS)
• IBM
• Intel
• Micron Technology
• Microsoft
• Nvidia
• Qualcomm
• Samsung
• Sensory Inc.
• Skymind
• Xilinx
• AMD
• General Vision
• Graphcore
• Mellanox Technologies
• Huawei Technologies
• Fujitsu
• Baidu
• Mythic
• Adapteva
• Koniku
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