The global market for deep learning systems is proliferating at a considerable rate, states a new research study by Transparency Market Research (TMR). The report, titled “Deep Learning Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025,” offers a descriptive picture of the kind of growth this market is displaying, by taking the driving forces, opportunities, challenges, and growth prospects in consideration. The current and the historical performance of this market has also been studied in this research report in an effort to determine its future status.
According to the research report, the global market for deep learning systems has gain remarkable impetus from the increasing need for enhanced interaction between humans and systems, which is fueling the demand for deep learning systems across the world. The increasing usage of deep learning technology across various industries, such as finance, advertisement, automotive, and medical and healthcare is also boosting this market considerably. Going forward, the market will be driven by the increasing research for the development of advanced processing hardware for deep learning in the years to come, notes the research study.
The worldwide deep learning systems market can be broadly evaluated on three front: The application, end user, and the regional presence of this market, reports the research study. Deep learning systems find significant usage in autonomous car, cyber security, data analytics, fraud detection, and various other application areas. The defense and aerospace, oil and gas, medical and healthcare, information technology (IT) and telecommunication, banking and financial, retail, industrial, and the automotive sectors have emerged as the key end users of deep learning systems across the world. Among these, the medical and healthcare sector is anticipated to register a higher demand for these systems in comparison to other end users, states the research study.
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In terms of geography, the global market for deep learning systems reports its presence across Europe, the Middle East and Africa, North America, Asia Pacific, and South America. Of these, North America has been leading the overall market and is anticipated to continue doing so over the next few years, reports the study.
The research study has also examined the competitive landscape of the worldwide market for deep learning systems at length. Research analysts have exhaustively reviewed the profiles of the leading vendors of deep learning systems to identify the market’s existing business hierarchy. Intel Corp., Hewlett Packard Enterprise Co., Google Inc., Microsoft Corp., and International Business Machines Corp. are some of the leading vendors of deep learning systems across the world mentioned in this market report.