Deep Learning System market Investment Opportunities, Size, Technology, Product Scope, Business Scenario, Trends, Share, Applications, Types and Forecasts 2020 – 2027

by Emergen Research · December 15, 2021

Deep Learning System Market

The global deep learning system market size is expected to reach USD 93.34 Billion at a steady CAGR of 39.1% in 2028, according to latest analysis by Emergen Research. Increase in the number of smart devices and usage of embedded Artificial Intelligence and deep learning to enhance features of these devices is driving growth of the deep learning system market. Rising adoption of cloud-based technology and increasing usage of deep learning systems in big data analytics is driving growth of the market. High cost of installation and compatibility issues are other factors expected to impact market growth. Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario.

Growing adoption of cloud-based services and extensive generation of unstructured data has fostered adoption of deep learning systems. The product is the industry’s first software-based deep learning accelerator, which drastically enhances performance on existing hardware. Deep Learning System Market Size – USD 6.59 Billion in 2020, Market Growth – at a CAGR of 39.1%, Market Trends – Increased investment in deep learning R&D. The segmentation included in the report is beneficial for readers to capitalize on the selection of appropriate segments for the Deep Learning System sector and can help companies in deciphering the optimum business move to reach their desired business goals.

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Key players in the market include Google, Intel, IBM, Qualcomm, Amazon Web Services (AWS), Samsung Electronics, Micron Technology, Nvidia, Sensory Inc., and Microsoft Corporation

Increasing investment by major players in the market in advanced technologies to facilitate data mining processes and deep learning-based speech and image recognition are factors expected to propel market growth. Locus will use Lytx GPS location information on vehicles to provide optimized routes to users. Additionally, rise in the number of pilot projects by governments in APAC for deployment of Artificial Intelligence technology in medical and agriculture sectors is expected to support market growth.

The technology can identify specific types of cancer or rare types of pathogens. It also provides medical professionals with insights to help them identify health issues early on, thus delivering personalized and relevant patient care. The report evaluates the CAGR value as well as the market value based on the key market dynamics and growth-inducing factors. The technology also finds application in security in defense & aerospace sectors. The deep learning system market is witnessing increased growth due to improvement in computing power and reducing hardware cost. As autonomous vehicles navigate on roads, deep learning can allow the car to act with the help of millions of individual Artificial Intelligence models.

Emergen Research has segmented the global deep learning system market on the basis of product, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018–2028)

Software

Solution (Software Framework/SDK)

Platform/API

Hardware

Processor

Network

Memory

End-use Outlook (Revenue, USD Billion; 2018–2028)

Manufacturing

Healthcare

Agriculture

Automotive

Retail

Application Outlook (Revenue, USD Billion; 2018–2028)

Signal Recognition

Image Recognition

Data Mining

Others

Key geographical areas:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Key questions addressed in the report:

What are the key factors driving the global Deep Learning System market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Deep Learning System market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Unfolding the prime factors prompting global market growth:

The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Deep Learning System market into a broad product spectrum.

The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.

A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.

Market Taxonomy:

Chapter 1: Methodology & Scope

Definition and forecast parameters
Methodology and forecast parameters
Data Sources

Chapter 2:

Executive Summary

Business trends
Regional trends
Product trends
End-use trends

Chapter 3:

Industry Insights

Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

Business Overview
Financial Data
Product Landscape
Strategic Outlook

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