The global Deep Learning Market is estimated to touch US$ 10.2 billion by the completion of the prediction period. The market was appreciated by US$ 272.0 million in the year 2016. Growing applicability in the self-governing automobiles and healthcare businesses is likely to add considerably to the progress of the business. This expertise is attaining importance because of its applications, which motivated by multifaceted data, comprising the recognition of image and voice. It proposes an enormous opening for investment. It leveraged above additional expertise to overcome defies of greater sizes of information, extraordinary supremacy of calculating, and development in data storing.
The Deep Learning market is estimated to develop at a CAGR of 52.1% for the duration of the prediction. The deep learning industry on the source of Type of End Use could span Manufacturing, Defense & Aerospace, Healthcare, Automobile, and Others. The deep learning in the subdivision of Defense & Aerospace contributed over 20% stake of the market income in the year 2016. Owing to its detection of malware, spectrogram analysis, applicability remote sensing, identifying network anomalies, and object detection & localization. Additionally, the universal drive GPUs are progressively increasing from aircraft cockpit to soldier infantry by means of wearable computing.
The deep learning industry on the source of Type of Application could span Data mining, Voice recognition, Video surveillance & diagnostics and Image recognition. The subdivision of image recognition ruled the business in the year 2016. It has bagged an income stake of above 40%. Some of the most extensively utilized applications of this expertise comprises Facebook’s feature of facial recognition. It extensively utilized to identify shapes in formless information comprising videos, text, images and sound.
The Deep Learning market on the source of Type of Service could span Maintenance & Support Services, Installation Services, Integration Services, Hardware and Software. The deep learning industry on the source of Type of Hardware could span Application-Specific Integrated Circuit [ASIC], Graphics Processing Unit [GPU], Field Programmable Gate Array [FPGA], Central Processing Unit [CPU].
The subdivision of Graphics Processing Unit [GPU] ruled the hardware section in the year 2016. GPUs proposes a quicker presentation as matched to additional chipsets. The increasing necessity for superior pictorial content has headed to an augmented demand for GPUs in deep learning uses.
The Deep Learning market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa.
By the source of geography, North America ruled the deep learning industry by way of an income stake of more than 45% in the year 2016. It could be credited to augmented investments in neural networks and artificial intelligence. The greater acceptance of pattern recognition and image in the area likely to exposed new-fangled openings of development above the prediction period. Furthermore, the area is some of the initial implementer of progressive expertise, interpretation establishments to accept deep learning capabilities by a quicker speed.
Additionally, improved government backing is estimated to deliver an optimistic influence on the progress of the business. The institutions of subcommittees on machine learning and artificial intelligence inside the central government are giving power for the development of the business.
Europe has backed the progress of the businesses; such as numerous new-fangled actions have been booked to back the subdivision of artificial intelligence in the area to increase development and provide an alphanumeric economy. This, consecutively, has presented sizeable growth openings of development in the field. The UK is behind the expertise to develop more in the parts of self-governing automobiles, computer-generated safety and clever devices.
The statement revises Trades in terms of intake of Deep Learning in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Microsoft Corporation, Intel Corporation, Google, Inc., AWS, Sensory Inc., IBM and Amazon Web Services. Additional notable hardware manufacturing companies operating in the field are- NVIDIA Corporation, Qualcomm Technologies, Samsung Electronics, Micron Technology, OMRON, General Vision, Xilinx, Graph core, and Mellanox Technologies.
Deep Learning Solution Outlook (Revenue, USD Million; 2014 - 2025)
• 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)
• Aerospace & defense
Deep Learning Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Research Support Specialist, USA