Overview of the global deep learning courses for NLP market
Research analysis on the global deep learning courses for NLP market identifies that the increasing applicability in customer-centric organizations will be one of the major factors that will have a positive impact on the growth of the market. The in-depth learning to work with high data volumes, high computing power, improved data storage, and efficient recognition of various aspects, especially in the areas of voice recognition and pattern recognition. The organizations are implementing these courses to enhance their product portfolio. This deep learning will enhance several features of NLP, such as sentiment analysis, that help the company gain insights about the feelings of customers, thereby enabling them to provide enhanced services to customers and predict the customers' behavior. According to the deep learning courses for NLP market analysis, Technavio’s market research analysts predict that this market will grow at a CAGR of more than 22% by 2021.
In terms of geography, Americas contribute the largest revenue share, in 2016. The major factor contributing to the growth is the increased emphasis on the adoption of AI in most of the industries across the region. The informal education segment dominates the Americas as there are many established and local players catering to the growing demand of the market.
Competitive landscape and key vendors
Owing to the presence of several local and regional vendors, this market appears to be fragmented and competitive. Vendors in this market majorly compete on the price and the mode of delivering the training. Most of them provide online learning with a few of them providing blended learning services as well. The large vendors have a strong geographic presence with training centers across multiple cities in various countries.
The leading vendors in the market are -
- Coursera
- Stanford University
- Udemy
- UpX Academy
The other prominent vendors in the market are Class Central, edX, EIT, IBM, NobleProg, Nvidia, and Udacity.
Segmentation by course and analysis of the deep learning courses for NLP market
- Informal education
- Formal education
During 2016, the informal education segment accounted for the major shares of this market. The segment includes certification courses that are catered toward providing students with the knowledge of advanced processes involving the extended application of deep learning in NLP. This factor will impact the deep learning courses for NLP market growth.
Segmentation by mode of delivery and analysis of the deep learning courses for NLP market
- Online learning
- Blended learning
The online learning segment accounted for the largest revenue share, in 2016. The online training courses involve the use of specialized software, such as Tensorflow and Python, which serve as programming languages and computing tools. The online training generally requires hands-on lab work and includes practical applications and assignments.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global deep learning courses for NLP market?
- What are the key market trends impacting the growth of the global deep learning courses for NLP market?
- What are the challenges to market growth?
- Who are the key vendors in the global deep learning courses for NLP market?
- What are the market opportunities and threats faced by the vendors in the global deep learning courses for NLP market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global deep learning courses for NLP market?
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