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Deep Learning Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR41147
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The deep learning market share is expected to increase by USD 6.41 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 24.57%.

This deep learning market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers deep learning market segmentation by type (software, services, and hardware) and geography (North America, Europe, APAC, South America, and MEA). The deep learning market report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. among others.

What will the Deep Learning Market Size be During the Forecast Period?

Deep Learning Market Size

Download the Free Report Sample to Unlock the Deep Learning Market Size for the Forecast Period and Other Important Statistics

 

Deep Learning Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing entry of startups is notably driving the deep learning market growth, although factors such as lack of technical expertise may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the deep learning industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Deep Learning Market Driver

The significant rise in the entry of startups is one of the key factors driving the deep learning market growth. With an increase in the number of funding through various global investors, the global deep learning market has witnessed an intrusion of startups in recent years. The major startup sector that offers global deep learning is healthcare, which is focused on drug research and development. Other areas of application in deep learning are visual recognition, fraud detection, insurance, and agriculture. This gives opportunities to vendors to increase their market shares and attract customers from a wide range of industries. Thus, the rise in startups and deep learning applications in various industries is expected to drive the market growth globally during the forecast period.

Key Deep Learning Market Challenge

One of the major challenges for deep learning market growth is the lack of technical expertise. In comparison to traditional data analysis, deep learning demands a completely different set of technical skills and expertise. There is a limited number of specialists to provide the required expertise in business problems and organizations that have budget constraints have to shy away from hiring the right talent to fulfill the needs. Moreover, it is time-consuming for organizations to find well-trained professionals with appropriate skill sets. Thus, due to the shortage of expertise is limiting the implementation of deep learning models restricting the market growth of the global deep learning market during the forecast period.

This deep learning market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Deep Learning Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Amazon.com Inc.
  • Hewlett Packard Enterprise Co.
  • Intel Corp.
  • International Business Machines Corp.
  • Micron Technology Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Qualcomm Inc.
  • Sensory Inc.

 

This statistical study of the deep learning market encompasses successful business strategies deployed by the key vendors. The deep learning market is fragmented and the vendors are deploying growth strategies such as launching new deep-learning launches, collaborating, and organizing expansions to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The deep learning market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Deep Learning Market?

Deep Learning Market Market segmentation by region

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43% of the market's growth will originate from North America during the forecast period. The US is the key market for deep learning market in North America. Market growth in this region will be faster than the growth of the market in the rest of the regions.

The increase in implementation and use of deep learning and machine learning in various industrial applications will facilitate the deep learning market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Deep Learning Market?

Deep Learning Market Segmentation

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The deep learning market share growth by the software segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the deep learning market size and actionable market insights on post COVID-19 impact on each segment.

 

Deep Learning Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 24.57%

Market growth 2021-2025

$ 6.41 billion

Market structure

Fragmented

YoY growth (%)

23.45

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 43%

Key consumer countries

US, UK, Germany, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Deep Learning Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive deep learning market growth during the next five years
  • Precise estimation of the deep learning market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the deep learning industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of deep learning market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Software - Market size and forecast 2020-2025
    • Services - Market size and forecast 2020-2025
    • Hardware - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Alphabet Inc.
    • Amazon.com Inc.
    • Hewlett Packard Enterprise Co.
    • Intel Corp.
    • International Business Machines Corp.
    • Micron Technology Inc.
    • Microsoft Corp.
    • NVIDIA Corp.
    • Qualcomm Inc.
    • Sensory Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    Deep Learning market growth will increase by $6405.06 million during 2020-2025.
    The deep learning market is expected to grow at a CAGR of 24.57% during 2020-2025.
    Technavio has segmented the deep learning market by type (Software, Services, and Hardware) and geographic (North America, Europe, APAC, South America, and MEA).
    Alphabet Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., Sensory Inc. are a few of the key vendors in the deep learning market.
    North America will register the highest growth rate of 42.64% among the other regions. Therefore, the deep learning market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the deep learning market growth are:
    • Increasing entry of startups
    The deep learning market vendors should focus on grabbing business opportunities from the software segment as it accounted for the largest market share in the base year.
    • What are the key global market and the regional market share?
    • What are the revenue-generating key market segments?
    • What are the key factors driving and challenging this market’s growth?
    • Who are the key market vendors and their growth strategies?
    • What are the latest trends influencing the growth of this market?
    • What are the variables influencing the market growth in the primary regions?
    • What are the factors influencing the growth of the parent market?
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    • Covid-19 impact and recovery analysis
    • Data on revenue-generating market segments
    • Details on the market shares of various regions
    • Five-force market analysis

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