Strong growth expected in deep learning market

Strong growth expected in deep learning market

Deep Learning Market is expected to be worth $1.72 billion by 2022, growing at a CAGR of 65.3 percent between 2016 and 2022, a report from Research and Markets showed. In terms of application, this market includes services like Image Recognition, Signal Recognition, Data Mining.  It also includes hardware and software. The research firm said the deep learning market has a huge potential across various industries such as advertisement, finance, and automotive. The major factors driving the deep learning market globally are the robust R&D for the development of better processing hardware and increasing adoption of cloud-based technology for deep learning. Further, the research firm noted that the deep learning market for data mining application is expected to grow at the highest CAGR between 2016 and 2022. Moreover, the increasing usage of deep learning…


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