COVID-19 Impacts: Deep Learning Market Will Accelerate at a CAGR of almost 45% through 2020-2024 | Growing Application of Deep Learning to Boost Growth | Technavio - Business

Technavio has announced its latest market research report titled Global Deep Learning Market 2020-2024

Posted 3 hours ago

LONDON–(BUSINESS WIRE)–Jul 30, 2020–

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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Technavio has announced its latest market research report titled Global Deep Learning Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please request Free Sample Report on Covid-19 Impact

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?

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:

Type
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America

To learn more about the global trends impacting the future of market research, download a free sample:https://www.technavio.com/talk-to-us?report=IRTNTR41147

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

Overview
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

About Us

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200730005779/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ELECTRONIC DESIGN AUTOMATION

SOURCE: Technavio Research

PUB: 07/30/2020 05:00 PM/DISC: 07/30/2020 05:01 PM