Frequently asked questions:
Deep learning market is expected to grow at a CAGR of 34.5% from 2021 to 2027, from US$ 2.7 billion in 2020 to US$ 21.1 billion in 2027.
The availability of insufficient structured data is one of the market’s significant potentials for increasing demand for deep learning solutions.
Increased use of cloud-based technologies, improved processing power, and lower hardware prices are some of the market’s driving forces.
In the global deep learning industry, North America accounts the dominating position.
Deep learning is dominated by image recognition application.