Deep Learning Market Research Report: By Component (Hardware, Software, Service), Application (Signal Recognition, Image Recognition, Data Mining, Recommendation Engine, NLP), Industry (BFSI, Healthcare, Automotive, Manufacturing, Retail) - Global Industry Analysis and Growth Forecast to 2030

• 2020-02-01
• P&S Intelligence Report

The global deep learning market valued $3.7 billion in 2019 and is projected to reach $102.4 billion by 2030, exhibiting a CAGR of 35.2% during the forecast period (2020–2030). Rising demand for deep learning software among contact centers and increasing focus of organizations on reducing operational costs are the major factors driving the growth of the market across the globe. Among all regions, APAC is expected to record the fastest growth in the market during the forecast period. This can be attributed to the increasing economic growth, rising investment in IT infrastructure, growing adoption of advanced technologies, and surging number of AI startups in the region.