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The Global Deep Learning Market size is expected to reach $256.2 billion by 2023, rising at a market growth of 31% CAGR during the forecast period. Deep learning offers faster and better memory utilization than traditional computing systems. New technologies such as natural language processing and visual data mining have been developed using deep learning techniques to enhance product offerings. Complexity of hardware due to complex algorithm used in deep learning technology, lack of technical expertise and absence of standards and protocols would limit the growth of the technology during the forecast period.
Based on Type, the Deep Learning market segments the market into Software, Hardware, and Services. Services Type includes Professional and Managed Services. Based on End User, the market report segments the market into Security, Marketing, Healthcare, Retail, Manufacturing, Automotive, Agriculture, and Others. Based on Application, the Deep Learning market segments the market into Image Recognition, Signal Recognition, Data Mining, and Others. Based on Regions, the Deep Learning market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the competition analysis of key stake holders of the Global Deep Learning Market.
Key companies profiled in the report include Amazon.com, Inc. (Amazon Web Services), Google, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Samsung Electronics Co. Ltd., Micron Technology, Inc., Qualcomm Incorporated, Nvidia Corporation, and Sensory, Inc.