Global Deep Learning Market

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 Contents:

> 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

Regional Analysis:

> 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

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> 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.

Report Highlights:

> 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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