How big is the Deep Learning Market?

The Deep Learning Market size is expected to reach USD 24.73 billion in 2024 and grow at a CAGR of 41.10% to reach USD 138.36 billion by 2029. Read More

What is the current Deep Learning Market size?

In 2024, the Deep Learning Market size is expected to reach USD 24.73 billion. Read More

Who are the key players in Deep Learning Market?

Facebook Inc., Google LLC, Microsoft Corporation, IBM Corporation and Amazon Web Services Inc. are the major companies operating in the Deep Learning Market. Read More

Which is the fastest growing region in Deep Learning Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Deep Learning Market?

In 2024, the North America accounts for the largest market share in Deep Learning Market. Read More

What years does this Deep Learning Market cover, and what was the market size in 2023?

In 2023, the Deep Learning Market size was estimated at USD 17.53 billion. The report covers the Deep Learning Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Deep Learning Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Deep Learning Market - Size, Analysis, Industry Share & Research

Deep Learning Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

the Report Covers Global Deep Learning Market Growth and is Segmented by Offering Type (Hardware, Software, and Services), End-User Industry (BFSI, Retail, Manufacturing, Healthcare, Automotive, Telecom, and Media), Application (Image Recognition, Signal Recognition, Data Processing), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). the Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Deep Learning Industry Overview

The deep learning market is fragmented as it consists of several large players, such as IBM, Google, and Microsoft, among others, with substantial industrial experience in big data/analytical platforms. Other new entrants also have been making their way into the market and have been successfully increasing the number of use cases of deep learning across industries. Prominent new entrants that have made a significant impact on the market include H2O.ai, KNIME, and Dataiku.

In November 2023 - In a step towards advancing the realm of machine learning (ML) technologies and artificial intelligence (AI) within the telecommunications industry, Telenor and Ericsson have signed an (MoU) for a three-year collaboration that aims to explore, develop, and test advanced AI/ML solutions towards enhancing energy efficiency without compromising on the quality of connectivity in mobile networks.

In October 2022, Zendesk Inc. announced the launch of a new AI solution, Intelligent Triage and Smart Assist, empowering businesses to triage customer support requests automatically and access valuable data at scale.

In September 2022, Altair, a company providing computational science and artificial intelligence, announced the acquisition of rapid miner, a leader in advanced data analytics and machine learning (ML) software. With this acquisition, Altair's looking forward to strengthening its end-to-end data analytics (DA) portfolio.