Global Deep Learning Market Segmented Application and Geography Trends, Growth and Forecasts to 2021 – 2030

In a recently published report, Global Deep Learning Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Deep Learning Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

The growth of the deep learning market can be attributed to the increasing demand for deep learning applications in different end-user industries such as medical, aerospace and defense, automotive, media and advertising, finance and others.

Market Dynamics
The key factors driving the growth of the market are the vast increases in the amount of data, significant improvements in machine learning algorithms and exponential advances in hardware speed. Deep learning helps humans to extend their capabilities as it can provide expert assistance. Of all the applications of deep learning image recognition holds the largest share of the deep learning market because of its use in industries such as aerospace and defense, media, I.T. and telecom, and advertising. The main hindrance for the growth of the market is increasing complexity in hardware due to the complex algorithm used in the deep learning technology.

Market Segmentation
On the basis of product type the market is segmented into Hardware, Software and Services. The software segment held the maximum market share during 2015 and will continue to drive the growth prospects for the global deep learning system market in the forecast period. This is because of the rising demand for image data analysis among online marketing and security and surveillance companies On the basis of end users the market is segmented into Aerospace & Defense, BFSI, Retail and Healthcare. Deep learning in the aerospace & defense sector contributed to over 20% of the market revenue in 2016 owing to its applicability spectrogram analysis, object detection & localization, remote sensing, identifying network anomalies, and malware detection.

Geographic Analysis
The deep learning market is distributed over the regions of North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market in North America held a revenue share of over 45% in 2016. The presence of many companies like Facebook, Microsoft and Google in North America that offer platform for deep learning has made it a leading market share holder. Europe has contributed significantly to the industry growth as several new measures have been taken by the European Government for the development of the artificial intelligence sector in the region.

Key Players
Alphabet, LISA lab, Microsoft, Facebook, BVLC and Nervana Systems are the leading players in the global deep learning system market. Other prominent vendors in the market include Gridspace, Indico, MarianaIQ , Affectiva, Clarifai, Deep Genomics, Ripjar, Deep Instinct, Ditto Labs, Enlitic and MetaMind.

Report ContentsRegional AnalysisReport Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

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