Global Deep Learning Market Report 2023: Increasing Demand for Deep Learning across Industrial Sectors Bolsters Growth

Dublin, March 22, 2023 (GLOBE NEWSWIRE) -- The "Global Deep Learning Market (2023-2028) by Offerings, Applications, End-Users, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to's offering.

The Global Deep Learning Market is estimated to be USD 14.87 Bn in 2023 and is expected to reach USD 89.32 Bn by 2028, growing at a CAGR of 43.12%.

Market Dynamics

Market Drivers

  • Increasing Adoption of Cloud-Based Technology
  • Improving Computing Power
  • Increasing Demand for Deep Learning across Industrial Sectors


  • Increasing Complexity in Hardware due to Complex Algorithm
  • Absence of Standard Protocol


  • Emergence of Autonomous Robots
  • Surge in Demand for Smart Homes & Smart Cities
  • Rise in Investments in AI Startups


  • Lack of Technical Expertise

Market Segmentations

The Global Deep Learning Market is segmented based on Offerings, Applications, End-Users, and Geography.

  • By Offerings, the market is classified into Hardware, Software, and Services.
  • By Applications, the market is classified into Image Recognition, Voice Recognition, Video Surveillance & Diagnostics, and Data Mining.
  • By End-Users, the market is classified into Automotive, Aerospace & Defense, Healthcare, Manufacturing, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Deep Learning Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Deep Learning Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Deep Learning Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Attributes:

Report AttributeDetails
No. of Pages201
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$14.87 Billion
Forecasted Market Value (USD) by 2028$89.32 Billion
Compound Annual Growth Rate43.1%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Deep Learning Market, By Offerings

7 Global Deep Learning Market, By Applications

8 Global Deep Learning Market, By End-Users

9 Americas' Deep Learning Market

10 Europe's Deep Learning Market

11 Middle East and Africa's Deep Learning Market

12 APAC's Deep Learning Market

13 Competitive Landscape

14 Company Profiles

15 Appendix

Companies Mentioned

  • Alphabet Inc.
  • Amazon Web Services
  • Arm Ltd.
  • Baidu Inc.
  • Clarifai Inc.
  • Enlitic Inc.
  • FICO
  • General Vision Inc.
  • Graphcore Ltd.
  • HP, Inc.
  • IBM Corp.
  • Intel Corp.
  • KNIME Ag
  • Laminoso Technologies
  • Micron Technology Inc.
  • Microsoft Corp.
  • NVIDIA Corp.
  • Qualcomm Technologies Inc.
  • RapidMiner Inc.
  • Samasung ELectronics Co. Ltd.
  • SAP SE
  • Sensory Inc
  • Skymind Global Ltd

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Global Deep Learning Market

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