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Deep Learning Courses for NLP Market - Top 3 Drivers by Technavio
[October 20, 2017]

Deep Learning Courses for NLP Market - Top 3 Drivers by Technavio


Technavio market research analysts forecast the global deep learning courses for NLP market to grow at a CAGR of more than 22% during the forecast period, according to their latest report.

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Technavio has published a new report on the global deep learning courses for NLP market from 2017-20 ...

Technavio has published a new report on the global deep learning courses for NLP market from 2017-2021. (Graphic: Business Wire)

The market study covers the present scenario and growth prospects of the global deep learning courses for NLP market for 2017-2021. The report also lists online learning and blended learning as the two modes of delivery, of which the online segment accounted for more than 53% of the market share in 2016.

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Technavio analysts highlight the following three market drivers that are contributing to the growth of the global deep learning courses for NLP market:

  • Increasing applicability in customer-centric organizations
  • Increasing enrollments in machine learning courses
  • Increasing government initiatives to aid research

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Increasing applicability in customer-centric organizations

The main reason behind the wide application of deep learning courses for NLP is attributed to its complex data-driven applications and ability of deep learning to work efficiently with high data volumes. It also exhibits efficient recognition of various aspects, especially in the areas of voice and pattern recognition. The rapid data being generated in different end-user industries, especially the service based industry, is providing traction to the industry.


Many organizations are incorporating deep learning technology in their product portfolio to gain a competitive advantage over other competitors. The deep learning approaches have generated high-performance results when applied to NLP. As deep learning models can easily be trained with a single end-to-end mode, they do not require traditional engineering features and can help businesses. Deep learning can enhance several features of NLP, such as sentiment analysis, which can help companies gain insights into the feelings of customers, thereby enabling them to provide enhanced services to customers and predict the customers' behavior.

Increasing enrollments in machine learning courses

Due to the increased popularity of AI, NLP, and deep learning, many students are enrolling in such courses, creating a need for more number of institutes and vendors that provide such training and certification courses. The concept of machine learning is sweeping through industries and transforming scientific research. This has had a profound impact in the formal education sector that comprises institutions that provide graduate and postgraduate courses. For instance, enrollments in the Introduction to Machine Learning, an undergraduate course, nearly tripled in the past few years at the University of California, Berkeley.

"This growth in student's enrollment can be attributed to the growing applicability of machine learning, deep learning, and NLP as it holds a huge potential for industries such as the healthcare, financial services, and other industries. This is further complemented by the growing demands for students' proficient in the field of deep learning, machine learning, and NLP in the job market," says Jhansi Mary, a lead analyst at Technavio for K12 and higher education research.

Increasing government initiatives to aid research

Owing to the extended usability and increasing applicability of deep learning and NLP, governments across the globe are taking an exclusive interest in the field of research and development of deep learning algorithms in NLP and AI. For instance, the NDRC of China has approved a plan to set up a national engineering lab that specifically caters to the research and development in the implementation of deep learning technologies to compete with the leading countries, i.e., North America and the UK.

"Governments are encouraging research to explore ways in which the concepts of deep learning and NLP can be applied in daily lives. Even search engine giants, such as Google (News - Alert), are actively studying the field of deep learning applied in NLP. To facilitate this, Google also provides a three-month training program that trains learners in the concept of NLP using deep learning," says Jhansi.

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