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. The deep learning system market is witnessing increased growth due to improvement in computing power and reducing hardware cost. 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.
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. Deep learning is an important technology behind autonomous cars, which enables vehicles to recognize stop signs or distinguish objects from pedestrians. As autonomous vehicles navigate on roads, deep learning can allow the car to act with the help of millions of individual Artificial Intelligence models. The technology also finds application in security in defense & aerospace sectors.
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Growing adoption of cloud-based services and extensive generation of unstructured data has fostered adoption of deep learning systems. However, factors such as high cost of training and lack of technical expertise could hamper growth of the market to some extent going ahead. High cost of installation and compatibility issues are other factors expected to impact market growth.
The new report titled ‘Global Deep Learning System Market’, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Deep Learning System Market outlook over the forecast duration (2019-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
Key players involved:
Google, Intel, IBM, Qualcomm, Amazon Web Services (AWS), Samsung Electronics, Micron Technology, Nvidia, Sensory Inc., and Microsoft Corporation.
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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)
Solution (Software Framework/SDK)
Support & Maintenance
Application Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Benefits of Buying the Global Deep Learning System Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Deep Learning System Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Deep Learning System Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Deep Learning System Market
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