Report Description

The global deep learning market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Reduction in hardware costs, improvement of computational power, and rise in adoption of cloud-based technology are the primary factors driving the demand for the global deep learning market for the next five years.

Deep learning is a subset of machine learning which involves a neural network with three or more layers. Deep learning learns by processing large amounts of data to extract meaningful information. Deep learning technology enhances the automation process, drives artificial intelligence applications, and services, and performs analytical and physical tasks without human intervention. Deep learning technology is expected to witness massive demand in the forecast period due to an increase in demand for convenience services and applications aiming to improve the consumer experience.

Increased Awareness about Deep Learning Technology Drives the Market Growth

The rise in the adoption of IoT devices across several industries is fueling the demand for technologies having high computational power. Shift to online platforms by prominent industry verticals to increase transparency and access of employees to the company data generates large volumes of data. Deep learning solution provides companies with flexible and scalable insights. The solutions are affordable and help in processing the information in real-time, allowing organizations to make informed decisions in less time. 

The banking, financial services, and insurance (BFSI) sector create huge growth opportunities for deep learning technology. The BFSI industry stores vast amounts of confidential information that needs to be protected from possible cyberattacks. Deep learning technology is highly secure and takes essential steps to adhere to strict compliance guidelines, ensuring that the data is not lost and adequately documented.

Rise in Adoption of Cloud Technology Fuels the Market Demand

With the increase in data generation, the need for tools that can analyze, process, and extract meaningful information is expected to rise. Cloud analytics combines infrastructural, analytical, and technological tools & techniques and aids in obtaining essential data from the dataset. The rapid adoption of cloud-based deep learning platforms eliminates the need to invest in capital and hardware infrastructure and, therefore, is considered highly cost-effective. It also lowers the operational and maintenance costs for organizations. Cloud-based deep learning technology is highly secure and provides enhanced protection to secure critical information of the organization.

Applications in Automotive Industry Supports the Market Growth

The flourishing automotive industry and adoption of attractive features and technologies by automotive manufacturers are expected to create lucrative opportunities for the global deep learning market in the next five years. Deep learning finds several applications in self-driving cars, connected vehicles, predictive maintenance, driver assistance, quality control, and efficiently managing the supply chain. The advancements in deep learning technology and the growing use of advanced technologies in automobiles are expected to accelerate the global deep learning market growth for the next five years.


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Market Segmentation

The global deep learning market is segmented into offering, application, end-user industry, architecture, company, and regional distribution. Based on offering, the market is divided into hardware, software, and services. Based on application, the market is divided into image recognition, signal recognition, and data mining. Based on end-user industry, the market is divided into healthcare, retail, automotive, security, manufacturing, and others. Based on the end user, the market is divided into healthcare, media and entertainment, manufacturing and industrial, retail and e-commerce, transportation, and others. Based on architecture, the market is divided into RNN, CNN, DBN, DSN, and GRU. Also, the market analysis studies the regional segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Market Players

Amazon Web Services (AWS), Google Inc., IBM Corporation, Intel Corporation, Micron Technology, Microsoft Corporation, Nvidia Corporation, Qualcomm, Samsung Electronics, and Sensory Inc. are the market players operating in the global deep learning market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

           Offering

           Application

           End-User Industry

           Architecture

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy; Spain; Poland; Denmark; Brazil; Argentina; Colombia; Poland; Denmark; Saudi Arabia; South Africa; UAE; Iraq; Turkey

Key companies profiled

Amazon Web Services (AWS), Google Inc., IBM Corporation, Intel Corporation, Micron Technology, Microsoft Corporation, Nvidia Corporation, Qualcomm, Samsung Electronics, and Sensory Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global deep learning market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Deep Learning Market, By Offering:
    • Hardware
    • Software
    • Services
  • Deep Learning Market, By Application:
    • Image Recognition
    • Signal Recognition
    • Data Mining
  • Deep Learning Market, By End-User Industry:
    • Healthcare
    • Retail
    • Automotive
    • Security
    • Manufacturing
    • Others
  • Deep Learning Market, By Architecture:
    • RNN
    • CNN
    • DBN
    • DSN
    • GRU
  • Deep Learning Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile
    • Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

§  Iraq

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global deep learning market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global deep learning market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Deep Learning Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Vendor

5.3.  Customer Satisfaction Level

5.4.  Major Challenges Faced

6.    Global Deep Learning Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Offering (Hardware, Software, and Services),

6.2.2.     By Application (Image Recognition, Signal Recognition, and Data Mining)

6.2.3.     By End-User Industry (Healthcare, Retail, Automotive, Security, Manufacturing, and Others)

6.2.4.     By Architecture (RNN, CNN, DBN, DSN, and GRU)

6.2.5.     By Region

6.2.6.     By Company

6.3.  Product Market Map

7.    North America Deep Learning Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Offering

7.2.2.     By Application

7.2.3.     By End-User Industry

7.2.4.     By Architecture

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Deep Learning Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Offering

7.3.1.2.2.             By Application

7.3.1.2.3.             By End-User Industry

7.3.1.2.4.             By Architecture

7.3.2.     Canada Deep Learning Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Offering

7.3.2.2.2.             By Application

7.3.2.2.3.             By End-User Industry

7.3.2.2.4.             By Architecture

7.3.3.     Mexico Deep Learning Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Offering

7.3.3.2.2.             By Application

7.3.3.2.3.             By End-User Industry

7.3.3.2.4.             By Architecture

8.    Asia-Pacific Deep Learning Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Offering

8.2.2.     By Application

8.2.3.     By End-User Industry

8.2.4.     By Architecture

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Deep Learning Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Offering

8.3.1.2.2.             By Application

8.3.1.2.3.             By End-User Industry

8.3.1.2.4.             By Architecture

8.3.2.     India Deep Learning Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Offering

8.3.2.2.2.             By Application

8.3.2.2.3.             By End-User Industry

8.3.2.2.4.             By Architecture

8.3.3.     Japan Deep Learning Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Offering

8.3.3.2.2.             By Application

8.3.3.2.3.             By End-User Industry

8.3.3.2.4.             By Architecture

8.3.4.     South Korea Deep Learning Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Offering

8.3.4.2.2.             By Application

8.3.4.2.3.             By End-User Industry

8.3.4.2.4.             By Architecture

8.3.5.     Australia Deep Learning Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Offering

8.3.5.2.2.             By Application

8.3.5.2.3.             By End-User Industry

8.3.5.2.4.             By Architecture

8.3.6.     Singapore Deep Learning Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Offering

8.3.6.2.2.             By Application

8.3.6.2.3.             By End-User Industry

8.3.6.2.4.             By Architecture

8.3.7.     Malaysia Deep Learning Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Offering

8.3.7.2.2.             By Application

8.3.7.2.3.             By End-User Industry

8.3.7.2.4.             By Architecture

9.    Europe Deep Learning Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Offering

9.2.2.     By Application

9.2.3.     By End-User Industry

9.2.4.     By Architecture

9.2.5.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Deep Learning Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Offering

9.3.1.2.2.             By Application

9.3.1.2.3.             By End-User Industry

9.3.1.2.4.             By Architecture

9.3.2.     United Kingdom Deep Learning Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Offering

9.3.2.2.2.             By Application

9.3.2.2.3.             By End-User Industry

9.3.2.2.4.             By Architecture

9.3.3.     France Deep Learning Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Offering

9.3.3.2.2.             By Application

9.3.3.2.3.             By End-User Industry

9.3.3.2.4.             By Architecture

9.3.4.     Italy Deep Learning Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Offering

9.3.4.2.2.             By Application

9.3.4.2.3.             By End-User Industry

9.3.4.2.4.             By Architecture

9.3.5.     Spain Deep Learning Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Offering

9.3.5.2.2.             By Application

9.3.5.2.3.             By End-User Industry

9.3.5.2.4.             By Architecture

9.3.6.     Poland Deep Learning Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Offering

9.3.6.2.2.             By Application

9.3.6.2.3.             By End-User Industry

9.3.6.2.4.             By Architecture

9.3.7.     Denmark Deep Learning Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Offering

9.3.7.2.2.             By Application

9.3.7.2.3.             By End-User Industry

9.3.7.2.4.             By Architecture

10.  South America Deep Learning Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Offering

10.2.2.  By Application

10.2.3.  By End-User Industry

10.2.4.  By Architecture

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Deep Learning Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Offering

10.3.1.2.2.           By Application

10.3.1.2.3.           By End-User Industry

10.3.1.2.4.           By Architecture

10.3.2.  Argentina Deep Learning Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Offering

10.3.2.2.2.           By Application

10.3.2.2.3.           By End-User Industry

10.3.2.2.4.           By Architecture

10.3.3.  Colombia Deep Learning Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Offering

10.3.3.2.2.           By Application

10.3.3.2.3.           By End-User Industry

10.3.3.2.4.           By Architecture

10.3.4.  Peru Deep Learning Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Offering

10.3.4.2.2.           By Application

10.3.4.2.3.           By End-User Industry

10.3.4.2.4.           By Architecture

10.3.5.  Chile Deep Learning Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Offering

10.3.5.2.2.           By Application

10.3.5.2.3.           By End-User Industry

10.3.5.2.4.           By Architecture

11.  Middle East & Africa Deep Learning Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Offering

11.2.2.  By Application

11.2.3.  By End-User Industry

11.2.4.  By Architecture

11.2.5.  By Country

11.3.              Middle East & Africa: Country Analysis

11.3.1.  Saudi Arabia Deep Learning Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Offering

11.3.1.2.2.           By Application

11.3.1.2.3.           By End-User Industry

11.3.1.2.4.           By Architecture

11.3.2.  South Africa Deep Learning Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Offering

11.3.2.2.2.           By Application

11.3.2.2.3.           By End-User Industry

11.3.2.2.4.           By Architecture

11.3.3.  UAE Deep Learning Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Offering

11.3.3.2.2.           By Application

11.3.3.2.3.           By End-User Industry

11.3.3.2.4.           By Architecture

11.3.4.  Iraq Deep Learning Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Offering

11.3.4.2.2.           By Application

11.3.4.2.3.           By End-User Industry

11.3.4.2.4.           By Architecture

11.3.5.  Turkey Deep Learning Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Offering

11.3.5.2.2.           By Application

11.3.5.2.3.           By End-User Industry

11.3.5.2.4.           By Architecture

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Company Profiles

14.1.  Amazon Web Services (AWS)

14.2.  Google Inc.

14.3.  IBM Corporation

14.4.  Intel Corporation

14.5.  Micron Technology

14.6.  Microsoft Corporation

14.7.  Nvidia Corporation

14.8.  Qualcomm

14.9.  Samsung Electronics

14.10.            Sensory Inc.

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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North America is expected to hold the largest market share for the next five years.

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Reduction in hardware costs, improvement of computational power and rise in adoption of cloud-based technology are the primary drivers for global deep learning market.

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Based on application, the market is divided into image recognition, signal recognition, and data mining. Image recognition is expected to dominate the market for the next five years.

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Amazon Web Services (AWS), Google Inc., IBM Corporation, Intel Corporation, Micron Technology, Microsoft Corporation, Nvidia Corporation, Qualcomm, Samsung Electronics, and Sensory Inc are the major players operating in global deep learning market.

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Sakshi Bajaal

Business Consultant
Press Release

Deep Learning Market to be dominated by through 2027

May, 2022

Rising trend of digitalization and expanding IT industry are driving the demand for global deep learning market through the forecast period, 2023-2027.