Latest research report on the Deep Learning Market has assessed the historical and current performance of this market, especially highlighting the key trends and growth opportunities by Top Players Google, Amazon, Apple, and Microsoft
Fremont, United State – January 9, 2020 /MarketersMedia/ —
Deep learning is used for a wide range of applications such as cybersecurity, predictive maintenance, autonomous vehicles, and threat monitoring, among others.
The impact of deep learning ecosystem across industries such as retail, healthcare, automotive, telecom, and BFSI are expected to intensify in the next 5 years. The deep learning ecosystem is poised to grow at an excess of 30% CAGR during the forecast period from 2019-2023.
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Deep Learning Ecosystem: Key Players
IBM Corporation, Amazon.com Inc., Google Inc., Intel Corporation, NVIDIA Corporation
Deep Learning Ecosystem: Segmentation
Deep learning Ecosystem is analyzed by Components like Processors, Memory, Storage, FPGA, ASIC, Modules also by Services & Solutions like Smartphone & Tablet, Wearable, Workstation System, Medical Devices, Pharma/Biopharma, Smart Modules, Imaging Systems, Smart Trackers, Smart Meters, Others.
Deep learning Market is also analyzed by Application like Predictive Maintenance/Self Diagnostics, Fraud Reduction, Cybersecurity, Network Security, Network Optimization, Customer Analytics, Virtual Assistance, Network Operations & Monitoring Management, Security & Surveillance, Recommendation Engine, Predictive Merchandising, Inventory Management, Others.
Deep learning Market is also analyzed by End-users like Logistics, Healthcare, Transportation, Automotive, Retail, BFSI, Telecom & Consumer Electronics, Oil & Gas, Others
In terms of investments in the field of artificial intelligence & deep learning ecosystem, the U.S. has overtaken China to grab the topmost spot as a venture capital investment hub. The U.S. attracted the most investment in 2018, accounting for more than 50% of total investments in AI and Deep Learning ecosystem across the globe. The investment figure in the country is expected to grow significantly in the coming years. The growth in investments in the U.S. is fueled by companies such as Cruise Automation, Zymergen, Dataminr with the total investment reaching approximately US$ 14 Bn in 2019. On the other hand, China attracted investment worth US$ 7.4 Bn in the same year.
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Autonomous vehicles are another area for the expansion of deep learning ecosystem from technological point of view. Although a distant concept, developed countries such as the U.S., Germany, and France will witness the entry of autonomous vehicles in the next 5 to 6 years. To speed up the process, several automotive giants are investing heavily in research & development activities to bring out concepts of autonomous vehicles that could be made production-ready.
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This news is published on Reuters.