What is the estimated value of the global Deep Learning Market?

The global market for Deep Learning was estimated to be valued at US$ XX Mn in 2021. Read More

What is the expected growth rate of the global Deep Learning Market during the forecast period?

The global Deep Learning Market is estimated to grow at a CAGR of XX% by 2028. Read More

What are the key industry segments covered in the report?

The global Deep Learning Market is segmented on the basis of Component, Application, Industry Vertical, Region. Read More

On the basis of region, how is the global Deep Learning Market segmented?

Based on region, the global Deep Learning Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Read More

Who are the key players competing in the global Deep Learning Market?

The key players operating in the global Deep Learning Market are Advanced Micro Devices Inc, Amazon Web Services, Inc., Google LLC, IBM Corporation, Intel Corporation, Microsoft Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung, Xilinx. Read More

Deep Learning Market Size, Share, Growth Analysis, By Offering (Hardware, Software), By Application, By End-User Industry, By Region - Industry Forecast 2025-2032

Report ID: SQMIG45F2165 | Region: Global | Published Date: December, 2024
Pages: 193 | Tables: 91 | Figures: 70

Deep Learning Market News

In March 2024, GE Healthcare announced its partnership with NVIDIA for targeted cohesive integration of the latter's AI technology and software with the GE Healthcare medical imaging expertise to enhance precise ultrasound diagnostic service offerings.

In April 2023, NVIDIA introduced its H100 Tensor Core GPU, which is tailored specifically for deep learning jobs. The introduction of this chip is bound to redefine the AI computing landscape and elevate the bar for deep learning, benefitting countless fields such as autonomous driving and healthcare diagnostics.

Baidu announced a new set of AI cloud services focused on deep learning and big data analytics in March 2024. The plan will speed up China’s digital development, specifically in industries such as e-commerce, autonomous driving, and healthcare.

Deep Learning Market Report Snapshots

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Global Deep Learning Market size was valued at USD 48.37 Billion in 2022 and is poised to grow from USD 64.13 Billion in 2023 to USD 612.18 Billion by 2031, growing at a CAGR of 32.58% in the forecast period (2024-2031).

The market is a highly competitive with quick technological adaptations and huge investments into research and development. Notably features are advanced algorithms for recognizing patterns, the use of neural networks architecture, and deployment in industries including healthcare, automotive, and finance. Innovation in computational power, data efficiency and algorithm complexity are what pushes the top market players to compete on top of each other. To cater to the varied demands of the deep learning industry and provide solutions ensuring expansion of the market, leading players are emphasizing on scalability, interpretability, and integration capabilities. In addition, the last few years witnessed number of product launches and mergers & acquisition in the market. 'Google LLC ', 'Microsoft Corporation ', 'IBM Corporation ', 'Amazon Web Services (AWS) ', 'NVIDIA Corporation ', 'Intel Corporation ', 'Meta Platforms (Facebook) ', 'Qualcomm Inc. ', 'Micron Technology ', 'Samsung Electronics ', 'H2O.ai ', 'Dataiku ', 'KNIME ', 'Pathmind ', 'Sensory Inc. ', 'Baidu ', 'OpenAI ', 'Cerebras Systems ', 'Graphcore ', 'SAS Institute Inc. '

Growing Adopting in Healthcare Sector

Emerging Manufacturing Sector: The manufacturing industry is making use of deep learning for developing industrial processes with a highest accuracy degree and the best efficiency. Employing deep learning algorithms for predictive maintenance, where machines can predict the need for repair or maintenance, decrease downtime and increase the production of the manufacturing sector.

Based on region, North America is dominating with the largest market share. This is because of the rising investments in artificial intelligence and neural networks. Image and pattern recognition has a very high adoption in the US and Canada and is poised to provide new growth opportunities during the forecast period. Additionally, the region is an early adopter of advanced technologies to which organizations must adopt deep learning capabilities quickly. Moreover, rise in government support is projected to support the deep learning market growth in the region. Federal subcommittees on AI and ML are being formed and this is gaining momentum.

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Deep Learning Market Size, Share, Growth Analysis, By Offering (Hardware, Software), By Application, By End-User Industry, By Region - Industry Forecast 2025-2032

Deep Learning Market News

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