LONDON–(BUSINESS WIRE)–#DeepLearningMarket–Technavio has been monitoring the deep learning market and it is poised to grow by USD 7.2 billion during 2020-2024, progressing at a CAGR of almost 45% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of almost 45%, the market growth will accelerate during the forecast period.
- What is the key factor driving the market?
- Growing application of deep learning is one of the key factors driving the market growth.
- Who are the top players in the market?
- Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. are some of the major market participants.
- Which region is expected to hold the highest market share?
- North America
- What is a major trend in the deep learning market?
- Emphasis on cloud-based deep learning is a major trend driving the growth of the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing application of deep learning has been instrumental in driving the growth of the market.
Deep Learning Market 2020-2024: Segmentation
Deep Learning Market is segmented as below:
- North America
- South America
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Deep Learning Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our deep learning market report covers the following areas:
- Deep Learning Market size
- Deep Learning Market trends
- Deep Learning Market analysis
This study identifies a growing emphasis on cloud-based deep learning as one of the prime reasons driving the deep learning market growth during the next few years.
Deep Learning Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the deep learning market, including some of the vendors such as Adapteva Inc, Alphabet Inc, Amazon.com Inc., Intel Corp, International Business Machines Corp, Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., and Sensory Inc. Backed with competitive intelligence and benchmarking, our research reports on the deep learning market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Deep Learning Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist deep learning market growth during the next five years
- Estimation of the deep learning market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the deep learning market
- 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
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Software – Market size and forecast 2019-2024
- Services – Market size and forecast 2019-2024
- Hardware – Market size and forecast 2019-2024
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increasing collaboration among vendors
- Increasing investments in deep learning
- Growing emphasis on cloud-based deep learning
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Adapteva Inc.
- Alphabet Inc.
- Amazon.com Inc.
- Intel Corp.
- International Business Machines Corp.
- Micron Technology Inc.
- Microsoft Corp.
- NVIDIA Corp.
- Qualcomm Inc.
- Sensory Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.