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Deep Learning Market | Growing Application of Deep Learning to Boost the Market Growth | TechnavioThe deep learning market size is poised to grow by USD 7.2 billion during 2020-2024, progressing at a CAGR of almost 45% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013006083/en/ Technavio has announced its latest market research report titled Global Deep Learning Market 2020-2024 (Graphic: Business Wire) Deep learning is popularly used in machine learning, which involves the use of artificial neural networks with several degrees of layers. Moreover, each of these layers has a certain degree of functionality and is mainly used for representing vast amounts of data to ease the process of decision making. Furthermore, the application of deep learning-powered applications widens as massive volumes of digital data are produced at an unprecedented rate across industries. Additionally, the increase in funding in the field of deep learning has encouraged several start-ups to apply this technology across a wide range of industry verticals. For instance, fraud detection, visual recognition, logistics, insurance, and agriculture are some of the application areas of deep learning. Therefore, the increasing number of startups, coupled with the widening application of deep learning, will drive the growth of the global deep learning market during the forecast period. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Report Highlights:
View market snapshot before purchasing Growing Emphasis on Cloud-based Deep Learning will be a Key Market Trend There is a growing emphasis on cloud-based deep learning, one of the critical deep learning market trends, as it provides support for scalability, visualization, and storage of massive amounts of structured and unstructured data. The use of cloud computing in deep learning allows the integration of large datasets for training algorithms. Owing to the database scalability of cloud computing, deep learning networks can take advantage of multiple processors and help distribute workloads efficiently across different processor types. Cloud computing in deep learning also helps users speed up the training of deep learning models by using clusters of GPUs and CPUs to perform complex matrix operations. Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Deep Learning Market 2020-2024: Key Highlights
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
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.
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