Deep Learning Market To Be Worth $ 7.2 Billion | Growing Application Of Deep Learning to Boost Growth | Technavio

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NEW YORK, Sept. 27, 2021 /PRNewswire/ --

The deep learning market is poised to grow by USD 7.2 bn during 2020-2024, progressing at a CAGR of 45% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know exact growth variance and the Y-O-Y growth rate.

Dig Deeper to Get Exhaustive Deep Learning Market Analytical Insights.

Deep Learning Market Report Scope

Report Coverage

Details

Base Year:

2019

Year-Over-Year Growth in 2020:

43.92%

Forecast Period:

2020 to 2024

CAGR:

Accelerating at 45%

No. of Pages:

120

Incremental Growth

USD 7.2 Billion

Segments covered:

Type and Geography

By Type

  • Software
  • Services
  • Hardware

By Geography

  • North America
  • Europe
  • APAC
  • South America
  • MEA

The deep learning market will be driven by the growing application of deep learning. In addition, growing emphasis on cloud-based deep learning will influence the deep learning market growth positively during the next few years. However, the unavailability of data will challenge the growth of the market participants. 

Deep Learning Market 2020-2024: Segmentation

Deep Learning Market is segmented as below:

  • Type
    • Software
    • Services
    • Hardware
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

You can download our report to unlock information on upcoming trends and challenges that will have a far-reaching effect on the market growth: https://www.technavio.com/talk-to-us?report=IRTNTR41147

Related Reports on Information Technology Include:

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Deep Learning Market 2020-2024: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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.

Backed with competitive intelligence and benchmarking, our research reports on the deep learning market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Deep Learning Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist deep learning market growth during the next five years
  • Estimation of the deep learning market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the deep learning market
  • 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

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
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PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Software - Market size and forecast 2019-2024
  • Services - Market size and forecast 2019-2024
  • Hardware - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing collaboration among vendors
  • Increasing investments in deep learning
  • Growing emphasis on cloud-based deep learning

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Adapteva Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Intel Corp.
  • International Business Machines Corp.
  • Micron Technology Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Qualcomm Inc.
  • Sensory Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio

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