The
global deep learning market size is expected to reach USD
10.2 billion by 2025, according to a new report by Grand View Research, Inc.
Considerable improvements in machine learning algorithms and advancements in
deep learning chipsets are driving the industry growth.
Rapid
improvements in fast information storage capacity, high computing power, and
parallelization have contributed to the swift uptake of the deep learning
technology in end-use industries such as automotive and healthcare. Further,
the need for understanding and analyzing visual contents among enterprises in
order to gain meaningful insights, is expected to provide traction to the
industry over the forecast period.
The
increasing prominence of Graphics Processing Unit (GPU)-accelerated
applications is leading to increased adoption of the technology in scientific
disciplines such as deep learning and data science. Organizations are utilizing
deep learning neural networks to extract valuable insights from enormous
amounts of data for providing innovative products and improving customer
experience; thereby, increasing revenue opportunities.
The
technology is expected to gain prominence among key players and researchers,
owing to its use in improvising artificial intelligence capabilities in Natural
Language Processing (NLP), image & speech recognition, and computer vision
areas. Solution providers are resorting to partnerships and collaborations to
enter the deep learning space. For instance, in January 2016, Movidius
collaborated with Google, Inc. to enhance its deep learning capabilities on
mobile devices. In September 2016, Intel Corporation announced the acquisition
of Movidius for improvising its computer vision and deep learning solutions.
Full
Research Report On Global Deep Learning Market Analysis:
www.grandviewresearch.com/industry-analysis/deep-learning-market
www.grandviewresearch.com/industry-analysis/deep-learning-market
Further
key findings from the report suggest:
- The hardware segment is
expected to witness the fastest growth due to increased demand for high
computing chipsets which are used to run deep learning algorithms
- The Field Programmable
Gate Array (FPGA) segment is expected to witness considerable growth on
account of its enhanced power efficiency and capability to bridge the GPU
performance gap using multiple FPGAs
- The healthcare segment is
anticipated to grow at a significant rate of over 55%, as the technology
is outspreading the translational bioinformatics, medical imaging, and
sensor-driven analysis
- The Asia Pacific deep
learning market is expected to be the fastest-growing regional market due
to increasing spending on artificial intelligence and cognitive computing
technologies
- The key industry players
include Intel Corporation, NVIDIA Corporation, IBM Corporation, and
Microsoft Corporation
View more
reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the deep learning market based on
solutions, hardware, services, applications, end-uses, and regions:
Deep
Learning Solution Outlook (Revenue, USD Million; 2014 - 2025)
- Hardware
- Software
- Service
- Installation
services
- Integration
services
- Maintenance
& support services
Deep
Learning Hardware Outlook (Revenue, USD Million; 2014 - 2025)
- Central
Processing Unit (CPU)
- Graphics
Processing Unit (GPU)
- Field
Programmable Gate Array (FPGA)
- Application-Specific
Integrated Circuit (ASIC)
Deep
Learning Application Outlook (Revenue, USD Million; 2014 - 2025)
- Image
recognition
- Voice
recognition
- Video
surveillance & diagnostics
- Data
mining
Deep
Learning End-use Outlook (Revenue, USD Million; 2014 - 2025)
- Automotive
- Aerospace
& defense
- Healthcare
- Manufacturing
- Others
Deep
Learning Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- Middle
East and Africa
View press
release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/global-deep-learning-market
www.grandviewresearch.com/press-release/global-deep-learning-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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