Deep Learning Market Share, Size, Trends, Industry Analysis Report, By Solution; By Hardware; By Application (Image Recognition, Voice Recognition); By End-use; By Region; Segment Forecast, 2023- 2032
The global deep learning market size is expected to reach USD 1,727.24 billion by 2032, according to a new study by Polaris Market Research. The report “Deep Learning Market Share, Size, Trends, Industry Analysis Report, By Solution; By Hardware; By Application (Image Recognition, Voice Recognition); By End-use; By Region; Segment Forecast, 2023–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Deep learning has become a crucial component of modern technologies, such as natural language processing, speech recognition, and autonomous vehicles. This growth is due to several factors, including the increasing availability of data and advancements in hardware, such as GPUs and FPGAs. Its applications are spreading across industries including healthcare creating growth opportunities for global market, contributing to the remarkable growth of the global market is also driven by the need for intelligent decision-making systems, growth in big data analytics, and the increasing adoption of cloud-based technologies are creating lucrative opportunities for market growth in the coming years.
In May 2021, Google Cloud introduced the Vertex AI platform. The platform aims to simplify the process of developing and deploying machine learning models by offering pre-built tools and workflows. This launch is in line with Google’s ongoing efforts to enhance its AI and ML capabilities and remain competitive in the market.
Additionally, cloud-based deep learning platforms and integration into software solutions are further accelerating market expansion. One of the primary drivers is the increasing availability of data, which has enabled deep learning algorithms to become more accurate and effective. Data availability, advanced hardware development, and various industry applications, such as finance, and retail, are expected to continue fueling the growth of the market in the future.
Deep learning market report highlights
Software segment accounted for major global market share in 2022 due to the rise in the quantity of software tools accessible to developers which enhanced the overall global market experience.
The graphics processing unit (GPU) segment dominated the global market in 2022 and accounted for high memory bandwidth and throughput. It also enhances the performance of the market which led to future market growth.
Image recognition segment is projected to grow at a fastest CAGR during the study period, which is driven by its variety of features including visual search, facial recognition
The automotive industry segment led the market with a holding of significant revenue share due to extensive need for massive computational power as a result of efficient and reliable performance.
North America region dominated the global market in 2022 on account of increasing expansion of integrating deep learning and image recognition sector in such countries.
The global key market players include Advanced Micro Devices Inc., Amazon Web Services Inc., Google LLC, IBM Corporation, Intel Corporation.
Polaris Market Research has segmented the Deep Learning market report based on solution, hardware, application, end-use and region:
Deep Learning, Solution Outlook (Revenue - USD Billion, 2019 - 2032)
Hardware
Software
Services
Deep Learning, Hardware Outlook (Revenue - USD Billion, 2019 - 2032)
Central Processing Unit (CPU)
Graphics Processing Unit (GPU)
Field Programmable Gate array (FPGA)
Application-Specific Integration Circuit (ASIC)
Deep Learning, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Image Recognition
Voice Recognition
Video Surveillance & diagnostics
Data mining
Deep Learning, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Automotive
Aerospace & Defense
Healthcare
Retail
Others
Deep Learning, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Deep Learning Market Insights
- 4.1. Deep Learning – Industry Snapshot
- 4.2. Deep Learning Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increased penetration in big data analytics
- 4.2.1.2. Improvement in deep learning algorithms
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Scalability of deep learning models
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Deep Learning Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Deep Learning Market, by Solution
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 5.3. Hardware
- 5.3.1. Global Deep Learning Market, by Hardware, by Region, 2019-2032 (USD Billion)
- 5.4. Software
- 5.4.1. Global Deep Learning Market, by Software, by Region, 2019-2032 (USD Billion)
- 5.5. Services
- 5.5.1. Global Deep Learning Market, by Services, by Region, 2019-2032 (USD Billion)
- 6. Global Deep Learning Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 6.3. Image recognition
- 6.3.1. Global Deep Learning Market, by Image recognition, by Region, 2019-2032 (USD Billion)
- 6.4. Voice recognition
- 6.4.1. Global Deep Learning Market, by Voice recognition, by Region, 2019-2032 (USD Billion)
- 6.5. Video surveillance & diagnostics
- 6.5.1. Global Deep Learning Market, by Video surveillance & diagnostics, by Region, 2019-2032 (USD Billion)
- 6.6. Data mining
- 6.6.1. Global Deep Learning Market, by Data mining, by Region, 2019-2032 (USD Billion)
- 7. Global Deep Learning Market, by End-use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 7.3. Automotive
- 7.3.1. Global Deep Learning Market, by Automotive, by Region, 2019-2032 (USD Billion)
- 7.4. Aerospace & Defence
- 7.4.1. Global Deep Learning Market, by Aerospace & Defence, by Region, 2019-2032 (USD Billion)
- 7.5. Healthcare
- 7.5.1. Global Deep Learning Market, by Healthcare, by Region, 2019-2032 (USD Billion)
- 7.6. Retail
- 7.6.1. Global Deep Learning Market, by Retail, by Region, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. Global Deep Learning Market, by Others, by Region, 2019-2032 (USD Billion)
- 8. Global Deep Learning Market, by Hardware
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 8.3. Central Processing Unit (CPU)
- 8.3.1. Global Deep Learning Market, by Central Processing Unit (CPU), by Region, 2019-2032 (USD Billion)
- 8.4. Graphics Processing Unit (GPU)
- 8.4.1. Global Deep Learning Market, by Graphics Processing Unit (GPU), by Region, 2019-2032 (USD Billion)
- 8.5. Field Programmable Gate array (FPGA)
- 8.5.1. Global Deep Learning Market, by Field Programmable Gate array (FPGA), by Region, 2019-2032 (USD Billion)
- 8.6. Application-Specific Integration Circuit (ASIC)
- 8.6.1. Global Deep Learning Market, by Application-Specific Integration Circuit (ASIC), by Region, 2019-2032 (USD Billion)
- 9. Global Deep Learning Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Deep Learning Market Assessment, By Geography, 2019-2032 (USD Billion)
- 9.3. Deep Learning Market – North America
- 9.3.1. North America: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.3.2. North America: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.3.3. North America: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.3.4. North America: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.3.5. Deep Learning Market – U.S.
- 9.3.5.1. U.S.: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.3.5.2. U.S.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.3.5.3. U.S.: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.3.5.4. U.S.: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.3.6. Deep Learning Market – Canada
- 9.3.6.1. Canada: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.3.6.2. Canada: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.3.6.3. Canada: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.3.6.4. Canada: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4. Deep Learning Market – Europe
- 9.4.1. Europe: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.2. Europe: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.3. Europe: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.4. Europe: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.5. Deep Learning Market – UK
- 9.4.5.1. UK: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.5.2. UK: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.5.3. UK: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.5.4. UK: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.6. Deep Learning Market – France
- 9.4.6.1. France: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.6.2. France: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.6.3. France: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.6.4. France: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.7. Deep Learning Market – Germany
- 9.4.7.1. Germany: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.7.2. Germany: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.7.3. Germany: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.7.4. Germany: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.8. Deep Learning Market – Italy
- 9.4.8.1. Italy: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.8.2. Italy: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.8.3. Italy: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.8.4. Italy: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.9. Deep Learning Market – Spain
- 9.4.9.1. Spain: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.9.2. Spain: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.9.3. Spain: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.9.4. Spain: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.10. Deep Learning Market – Netherlands
- 9.4.10.1. Netherlands: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.10.2. Netherlands: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.10.3. Netherlands: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.10.4. Netherlands: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.4.11. Deep Learning Market – Russia
- 9.4.11.1. Russia: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.4.11.2. Russia.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.4.11.3. Russia: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.4.11.4. Russia: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5. Deep Learning Market – Asia Pacific
- 9.5.1. Asia Pacific: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.2. Asia Pacific: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.3. Asia Pacific: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.4. Asia Pacific: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.5. Deep Learning Market – China
- 9.5.5.1. China: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.5.2. China.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.5.3. China: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.5.4. China: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.6. Deep Learning Market – India
- 9.5.6.1. India: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.6.2. India.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.6.3. India: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.6.4. India: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.7. Deep Learning Market – Japan
- 9.5.7.1. Japan: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.7.2. Japan.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.7.3. Japan: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.7.4. Japan: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.8. Deep Learning Market – Malaysia
- 9.5.8.1. Malaysia: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.8.2. Malaysia.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.8.3. Malaysia: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.8.4. Malaysia: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.9. Deep Learning Market – Indonesia
- 9.5.9.1. Indonesia: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.9.2. Indonesia.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.9.3. Indonesia: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.9.4. Indonesia: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.5.10. Deep Learning Market – South Korea
- 9.5.10.1. South Korea: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.5.10.2. South Korea.: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.5.10.3. South Korea: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.5.10.4. South Korea: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.6. Deep Learning Market – Middle East & Africa
- 9.6.1. Middle East & Africa: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.6.2. Middle East & Africa: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.6.3. Middle East & Africa: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.6.4. Middle East & Africa: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.6.5. Deep Learning Market – Saudi Arabia
- 9.6.5.1. Saudi Arabia: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.6.5.2. Saudi Arabia: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.6.5.3. Saudi Arabia: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.6.5.4. Saudi Arabia: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.6.6. Deep Learning Market – South Africa
- 9.6.6.1. South Africa: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.6.6.2. South Africa: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.6.6.3. South Africa: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.6.6.4. South Africa: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.6.7. Deep Learning Market – Israel
- 9.6.7.1. Israel: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.6.7.2. Israel: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.6.7.3. Israel: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.6.7.4. Israel: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.6.8. Deep Learning Market – UAE
- 9.6.8.1. UAE: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.6.8.2. UAE: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.6.8.3. UAE: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.6.8.4. UAE: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.7. Deep Learning Market – Latin America
- 9.7.1. Latin America: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.7.2. Latin America: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.7.3. Latin America: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.7.4. Latin America: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.7.5. Deep Learning Market – Mexico
- 9.7.5.1. Mexico: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.7.5.2. Mexico: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.7.5.3. Mexico: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.7.5.4. Mexico: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.7.6. Deep Learning Market – Brazil
- 9.7.6.1. Brazil: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.7.6.2. Brazil: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.7.6.3. Brazil: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.7.6.4. Brazil: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 9.7.7. Deep Learning Market – Argentina
- 9.7.7.1. Argentina: Deep Learning Market, by Solution, 2019-2032 (USD Billion)
- 9.7.7.2. Argentina: Deep Learning Market, by Hardware, 2019-2032 (USD Billion)
- 9.7.7.3. Argentina: Deep Learning Market, by Application, 2019-2032 (USD Billion)
- 9.7.7.4. Argentina: Deep Learning Market, by End-use, 2019-2032 (USD Billion)
- 10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
- 11. Company Profiles
- 11.1. Advanced Micro Devices
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Amazon Web Services
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Google
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. IBM Corporation
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Intel Corporation
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Microsoft
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. NVIDIA Corporation
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Qualcomm Technologies
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Samsung
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Xilinx
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. ARM
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. Clarifai, Inc
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. Entilic
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development
- 11.14. HyperVerge
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Benchmarking
- 11.14.4. Recent Development
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