About Deep Learning Neural Networks
The deep learning neural networks (DDNs) refers to the machine learning-based technology that is basically used for diagnosis- solving prediction, decision making, decision and problems based on a well-defined computational architecture and more. It helps to draw out a higher level of features from the raw input. The complex deep learning neural networks have multiple layers and each layer signifies the mathematical manipulation. The Deep Learning Neural Networks are used in various applications such as speech recognition, audio recognition, computer vision, and many others.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Deep Learning Neural Networks market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ALPHABET INC. (United States), IBM (United States), MICRON TECHNOLOGIES, INC. (United States), Neural Technologies Limited (United Kingdom), NEURODIMENSION, INC. (United States), NVIDIA CORPORATION (United States), SKYMIND INC (United States), SAMSUNG (South Korea), Qualcomm Technologies, Inc. (United States), Intel Corporation (United States), Amazon Web Services, Inc. (United States) and Microsoft Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sensory Inc. (United States) and Xilinx Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Deep Learning Neural Networks market by , Application (Image Recognition, Natural Language Processing, Speech Recognition and Data Mining) and Region.
On the basis of geography, the market of Deep Learning Neural Networks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Hardware will boost the Deep Learning Neural Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Banking will boost the Deep Learning Neural Networks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Targeting specific industries
Market Growth Drivers:
Rapidly Increasing Digitization, Boosting the Global Deep Learning Neural Networks Market and Increased Demand of Cloud Computing for Businesses and Demand for Predictive Solutions and Image Recognition
Challenges:
Lack of Flexibility and Multitasking
Restraints:
Increasing Complexity Due to Complex Algorithm Used in Technology
Opportunities:
Cumulative Spending in Healthcare, Travel, Tourism, and Hospitality Industries and Increasing Awareness About the Deep Learning Neural Networks
Market Leaders and their expansionary development strategies
In October 2023, Google and Samsung announced a partnership to develop new AI chips for mobile devices. The partnership will combine Google's expertise in AI software with Samsung's expertise in semiconductor manufacturing. The two companies will work together to develop new chips that are optimized for AI applications, which could make it possible to run more sophisticated AI models on mobile devices.
In June 2023, Nvidia launched Grace Hopper, a supercomputer powered by Nvidia's H100 Tensor Cores. Grace Hopper is one of the most powerful supercomputers in the world and will be used to solve some of the world's most challenging problems.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.