Authored By: Sarah
30 Dec 2021

Deep Learning Market to Grow by $ 6.41 bn through 2021-2025

 Key Drivers and Market Trends


Increasing entry of startups and are among the key factors likely to drive market growth. The Global Deep learning market is expected to grow by $ 6.41 bn, accelerating at a CAGR of almost 24.57% till 2025. This research report analyses all the growth drivers that are likely to boost market growth along with market trends. The report also assesses the market segments and regional segments to provide a comprehensive analysis of the market in focus. The purpose of this research report is to create a 360-degree view of the market for our clients. The key takeaways from this report will equip our client with clear insights to strategize future growth plans.


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Top Drivers for Deep Learning Market Size to Grow by $ 6.41 bn During 2021-2025

Deep Learning Market: Segments and Geographical Regions

  • This report segments the market Type (software, services, and hardware) and Geography (North America, Europe, APAC, South America, and MEA).  
  • 43% of the market growth will originate from North America during the forecast period. 
  • This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Deep Learning Market: Vendor Analysis

  • The market is fragmented due to the presence of several players. 
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
  • Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. are some of the major market participants. 

Market Segmentation by Type

    • Deep Learning Market Split by Type
      • software
      • services
      • hardware
    • Deep Learning Market Split by Geography
      • North America
      • Europe
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Alphabet Inc.
  • Amazon.com Inc.
  • Hewlett Packard Enterprise Co.
  • Intel Corp.
  • International Business Machines Corp.
  • Micron Technology Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Qualcomm Inc.
  • Sensory Inc.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 24.57%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 6.41 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing entry of startups will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    43% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (software, services, and hardware) and Geography (North America, Europe, APAC, South America, and MEA)

Deep Learning: Discover Key Drivers that will Boost Growth

Synopsis of Growth Drivers with Market Forecast 2020-2024

The Deep Learning Market is projected to post an incremental growth of USD 7.2 bn, at a CAGR of almost 45% till 2024. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Deep Learning Market: What are the factors that will drive market growth?

One of the key factors that will drive growth is growing application of deep learning. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Top Drivers for Deep Learning Market Size to Grow by $ 6.41 bn During 2021-2025

Deep Learning Market: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Deep Learning Market is segmented by Type (Software, Services, and Hardware) and Geographic Landscape (APAC, Europe, MEA, North America, and South America). Request our Free Sample Report

Deep Learning Market: Vendor Landscape

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 45%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 7.2 bn through 2020-2024.
     
  3. What is a key factor driving this market?
    growing application of deep learning will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, MEA, North America, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    41% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc.
     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Software, Services, and Hardware) and Geographic Landscape (APAC, Europe, MEA, North America, and South America)

Deep Learning Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the deep learning market and it is expected to grow by USD 7.2 billion, accelerating at a CAGR of almost 45% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Deep Learning Market: Key Trends to impact market growth

The increasing emphasis on cloud-based deep learning is one of the key deep learning market trends. The application of deep learning-powered applications is widening as massive volumes of transactional data is moved to cloud-based databases. Additionally, the increase in funding in the field of deep learning has encouraged several start-ups to apply this technology across a wide range of industry verticals. For instance, fraud detection, visual recognition, logistics, insurance, and agriculture are some of the application areas of deep learning. Therefore, the increasing number of startups, coupled with the widening applications of deep learning analytics, will drive the growth of the global deep learning market during the forecast period. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Deep Learning Market: Top Drivers to Boost Demand

Growing application of deep learning is one of the primary factors driving the growth of the deep learning market. Deep learning is popularly used in machine learning, which involves the use of artificial neural networks with several degrees of layers. Moreover, each of these layers has a certain degree of functionality and is mainly used for representing vast amounts of data to ease the process of decision making. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business.

Deep Learning Market: Segmentation by Type

The software segment accounted for the major share of the Deep Learning Market. Various industries highly prefer the deep learning software as it helps in designing, training, and validating the deep neural networks through a very high level of a programming interface. Moreover, due to industrial digitalization, massive volumes of data are being generated, which subsequently drives the demand for various types of deep learning software solutions. Market growth in this segment will be faster than the growth of the market in the services and hardware segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the deep learning market size.

Deep Learning Market: Segmentation by Geography

North America held the largest deep learning market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing use of deep learning in various industrial applications such as voice recognition, image recognition, and its growing awareness are some of the factors that will significantly influence deep learning market growth in this region. 41% of the market’s growth will originate from North America during the forecast period. The US, Canada, and Mexico are the key markets for deep learning in North America. Market growth in this region will be faster than the growth of the market in other regions.

Top Drivers for Deep Learning Market Size to Grow by $ 6.41 bn During 2021-2025

Vendor Analysis: Adapteva Inc, Alphabet Inc and Amazon.com Inc. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Deep Learning Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive deep learning market growth during the next five years
  • Precise estimation of the deep learning market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the deep learning market industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of deep learning market vendors
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