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Recent Research Report on Deep Learning Software Market 2018 showing growth prospects and challenges within the industry

Press Release   •   Apr 10, 2018 05:10 EDT

Market Scenario

Deep Learning is a subfield of machine learning. It is concerned with algorithms inspired by the structure and function of the brain called artificial neural networks. Deep learning models are loosely related to information processing and communication patterns in a biological nervous system, for instance neural coding which attempts to define a relationship between various stimuli and associated neuronal responses in the brain. Deep learning can be supervised, semi-supervised or unsupervised. Deep learning architectures foe instance deep neural networks, deep belief networks and recurrent neural networks have been applied to fields which includes computer vision, speech recognition, natural language processing, audio recognition, social network filtering, machine translation, bioinformatics and drug design

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Increased usage of deep learning in Big Data analytics, increased adoption of cloud technology, need of computing power are some of the growth factors for Deep-Learning-Software market. Deep learning program helps in cutting down the cost of labor & machines and additionally it improves the system efficiency.

Market Segmentation

Global Deep-Learning-Software market has been segmented majorly on the basis of Applications, End Users, and region. On the basis of Applications the market is segmented as Data Mining, Image Recognition, Signal Recognition, and others. By end-user the market is divided as Banking, Financial Services and Insurance (BFSI), aerospace & defense, Healthcare and life sciences, Manufacturing Retail, Telecommunication and media and others. Geographically, global Deep-Learning-Software market is divided as North America, Europe, Asia-Pacific, and LAMEA.

Regional Analysis

In terms of geography market is divided into North America, Europe, Asia-Pacific and LAMEA. Of these North America is expected to be the largest market for Deep-Learning-Software. Heavy investments in research & developments, existence of large end-user industries and changing business dynamics, and emergence of startups are some of the factors that are fuelling the growth of deep learning market in this region.

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Key Players

Prominent player from Deep-Learning-Software market are AWS, General Vision, Google, Graphcore, IBM, Intel, Microsoft, NVIDIA, Qualcomm, Sensory Inc., and Xilinx.

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