Deep Learning Market Projected to Grow at a Steady Pace During 2021-2026

The Deep Learning market is projected to grow from USD 6.9 billion in 2020 to USD 48.4 billion by 2026 at a CAGR of over 39.1% during the forecast period.

Stratview Research has published a new report titled “Deep Learning Market” which is segmented By Component (Hardware, Software, Service), By Application (Image recognition, Signal recognition, Data mining, others), By Industry Vertical (Security, Marketing, Automotive, Retail E-Commerce, Healthcare, Manufacturing, Law, Others) and by Region Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).

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Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on Application, the Deep Learning market has been classified into Image recognition, Signal recognition, Data mining, others. Under these, the Image recognition segment held a significant market share in 2020. This is due to an increase in the demand for pattern recognition, optical character recognition, code recognition, facial recognition, object recognition, and digital image processing.

Which Region is expected to remain the largest market?

By region, the North America market held the highest market share in 2020 and is projected to grow at a fastest CAGR in the coming years. The presence of major RD investors such as IBM Corporation, Amazon.com, and Oracle Corporation expands the regional market size.

  • Furthermore, the availability of established IT infrastructure and high investments are expected to drive market growth in North America.
  • For example, the United States' Defense Advanced Research Projects Agency (DARPA) invested USD 2 billion to develop AI technologies such as machine learning (ML), among others.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Deep Learning Market:

  • NVIDIA (US)
  • Intel (US)
  • Xilinx (US)
  • Samsung Electronics (South Korea)
  • Micron Technology (US)
  • Qualcomm (US)
  • IBM (US)

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.


James McGill

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