GITNUX REPORT 2024

Global Deep Learning Industry Statistics: Explosive Growth and Market Projections

Deep Learning Industry Soaring: Market to reach $180.7B by 2025, 97M new jobs by 2025.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

73% of organizations are using or exploring deep learning for their business

Statistic 2

54% of executives say AI solutions have already increased productivity in their businesses

Statistic 3

By 2025, 70% of organizations will have operationalized AI architectures

Statistic 4

40% of organizations plan to increase their investment in AI and machine learning in 2023

Statistic 5

The adoption of deep learning in the healthcare industry is expected to grow at a CAGR of 42.8% from 2022 to 2030

Statistic 6

65% of early AI adopters report gaining a competitive advantage over their competitors

Statistic 7

By 2024, 75% of enterprises will shift from piloting to operationalizing AI

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Deep learning models consume 300 times more compute power every 3.4 months

Statistic 9

Training a single AI model can emit as much carbon as five cars in their lifetimes

Statistic 10

The carbon footprint of training a single large language model is equivalent to the emissions of a round-trip flight between New York and San Francisco

Statistic 11

AI-powered solutions could help reduce global greenhouse gas emissions by 4% by 2030

Statistic 12

Energy-efficient AI hardware could reduce the carbon footprint of AI training by up to 100 times

Statistic 13

By 2030, AI could help reduce global emissions by 2.6 to 5.3 gigatons of CO2 equivalent

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AI-enabled smart grids could reduce carbon emissions by 2.2 gigatons per year by 2030

Statistic 15

The deep learning chipset market is expected to grow from USD 6.6 billion in 2022 to USD 28.5 billion by 2027

Statistic 16

GPU-based deep learning systems are expected to hold the largest market share in the deep learning chipset market

Statistic 17

The cloud deployment mode in deep learning is expected to grow at a higher CAGR during the forecast period

Statistic 18

By 2025, 80% of emerging technologies will have AI foundations

Statistic 19

The global AI chip market size is expected to reach $194.9 billion by 2030

Statistic 20

The global deep learning market size was valued at USD 11.5 billion in 2021

Statistic 21

The deep learning market is expected to grow at a CAGR of 39.2% from 2022 to 2030

Statistic 22

By 2025, the deep learning market is projected to reach $180.7 billion

Statistic 23

The healthcare segment is expected to witness the highest CAGR of 42.8% in the deep learning market from 2022 to 2030

Statistic 24

North America held the largest revenue share of 38% in the global deep learning market in 2021

Statistic 25

The Asia Pacific region is expected to witness the fastest CAGR of 40.8% in the deep learning market from 2022 to 2030

Statistic 26

Deep learning algorithms can achieve up to 99.7% accuracy in image recognition tasks

Statistic 27

Deep learning models have achieved human-level performance in speech recognition with an error rate of 5.9%

Statistic 28

GPT-3, a deep learning language model, has 175 billion parameters

Statistic 29

Deep learning models can generate photorealistic images with up to 1024x1024 resolution

Statistic 30

AlphaFold, a deep learning system for protein structure prediction, achieved a median score of 92.4 GDT in CASP14

Statistic 31

Deep learning models can translate between languages with a BLEU score of up to 41.0

Statistic 32

The error rate for object detection in images has decreased from 28% in 2010 to less than 3% in 2020 due to deep learning

Statistic 33

The number of AI patents filed worldwide increased by 400% from 2010 to 2020

Statistic 34

In 2020, there were over 114,000 AI-related publications on arXiv

Statistic 35

The number of AI research papers published annually has increased by 300% since 2015

Statistic 36

China published 28% of all AI research papers globally in 2020

Statistic 37

The United States leads in high-impact AI research, with 40% of the top 10% most-cited AI publications

Statistic 38

Investment in AI startups increased by 115% between 2020 and 2021

Statistic 39

The number of AI startups has increased by 14 times since 2000

Statistic 40

The global AI in cybersecurity market size is expected to grow from $8.8 billion in 2019 to $38.2 billion by 2026

Statistic 41

AI-powered cybersecurity solutions can detect and respond to threats 60 times faster than manual methods

Statistic 42

78% of cybersecurity professionals believe AI will help improve cybersecurity in the next three years

Statistic 43

By 2024, AI-powered cybersecurity tools will handle over 50% of all security alerts

Statistic 44

69% of organizations fear AI will be used by attackers against them

Statistic 45

60% of organizations have implemented AI for data security

Statistic 46

By 2023, 75% of large organizations will hire AI behavior forensic, privacy, and customer trust specialists

Statistic 47

40% of organizations have experienced an AI-related security breach or attack

Statistic 48

86% of executives say it's important to ensure the ethical development of AI solutions

Statistic 49

Only 25% of organizations have a comprehensive AI governance framework in place

Statistic 50

73% of consumers are concerned about the ethical implications of AI

Statistic 51

By 2023, all personnel hired for AI development and training will have to demonstrate expertise in responsible AI

Statistic 52

84% of C-suite executives believe they must leverage AI to achieve their growth objectives

Statistic 53

Only 37% of organizations have defined processes for identifying AI bias

Statistic 54

Deep learning is expected to create 97 million new jobs by 2025

Statistic 55

The demand for AI and machine learning specialists is expected to grow by 71% between 2021 and 2025

Statistic 56

74% of organizations consider AI and machine learning as the most important skills to hire for in the next five years

Statistic 57

The average salary for a deep learning engineer in the United States is $146,085 per year

Statistic 58

By 2025, 50% of enterprises will have devised AI orchestration platforms to operationalize AI

Statistic 59

85% of AI and machine learning projects fail to deliver, often due to lack of skilled professionals

Statistic 60

The number of AI and machine learning job postings on LinkedIn increased by 74% annually from 2016 to 2020

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Summary

  • The global deep learning market size was valued at USD 11.5 billion in 2021
  • The deep learning market is expected to grow at a CAGR of 39.2% from 2022 to 2030
  • By 2025, the deep learning market is projected to reach $180.7 billion
  • The healthcare segment is expected to witness the highest CAGR of 42.8% in the deep learning market from 2022 to 2030
  • North America held the largest revenue share of 38% in the global deep learning market in 2021
  • The Asia Pacific region is expected to witness the fastest CAGR of 40.8% in the deep learning market from 2022 to 2030
  • The deep learning chipset market is expected to grow from USD 6.6 billion in 2022 to USD 28.5 billion by 2027
  • GPU-based deep learning systems are expected to hold the largest market share in the deep learning chipset market
  • The cloud deployment mode in deep learning is expected to grow at a higher CAGR during the forecast period
  • By 2025, 80% of emerging technologies will have AI foundations
  • The global AI chip market size is expected to reach $194.9 billion by 2030
  • Deep learning algorithms can achieve up to 99.7% accuracy in image recognition tasks
  • Deep learning models have achieved human-level performance in speech recognition with an error rate of 5.9%
  • GPT-3, a deep learning language model, has 175 billion parameters
  • Deep learning models can generate photorealistic images with up to 1024x1024 resolution

Move over crystal balls, the deep learning industry stats have spoken – and theyre predicting a future so bright, you might need shades made by AI. With a global market set to skyrocket from USD 11.5 billion in 2021 to a projected $180.7 billion by 2025, it seems like deep learning algorithms are not just crunching numbers but also breaking records. From healthcare claiming the spotlight with a stellar 42.8% CAGR to the Asia Pacific region sprinting ahead at 40.8%, its clear that the future of tech is looking deeper and brighter than ever. So, buckle up as we dive into a world where even the errors are dropping faster than a mic in the hands of a well-trained neural network.

Adoption and Implementation

  • 73% of organizations are using or exploring deep learning for their business
  • 54% of executives say AI solutions have already increased productivity in their businesses
  • By 2025, 70% of organizations will have operationalized AI architectures
  • 40% of organizations plan to increase their investment in AI and machine learning in 2023
  • The adoption of deep learning in the healthcare industry is expected to grow at a CAGR of 42.8% from 2022 to 2030
  • 65% of early AI adopters report gaining a competitive advantage over their competitors
  • By 2024, 75% of enterprises will shift from piloting to operationalizing AI

Interpretation

In a world where data reigns supreme, the current statistics on deep learning and artificial intelligence present a formidable truth: resistance is futile. With 73% of organizations already delving into the realm of deep learning, and a majority of executives attesting to AI's productivity-boosting prowess, it's clear that the AI revolution is not only on the horizon but also knocking on the door. By 2025, a staggering 70% of businesses are projected to have woven AI into their operational fabric, signaling a seismic shift towards automation and efficiency. The race is on, with 40% of organizations gearing up to ramp up their investment in AI and machine learning in the near future. This trend is further magnified in the healthcare sector, where a whopping 42.8% growth in deep learning adoption is forecasted, underscoring AI's potential to revolutionize patient care. Early adopters have already tasted the sweet nectar of competitive advantage, with 65% reporting a leg up on their rivals thanks to AI. Buckle up, as by 2024, the majority of enterprises will have moved past the testing phase to fully operationalize AI, cementing its place as a cornerstone of modern business strategy. In this era of relentless innovation, it's clear that those who embrace AI will soar, while the rest risk being left in the dust of obsolescence.

Environmental Impact and Sustainability

  • Deep learning models consume 300 times more compute power every 3.4 months
  • Training a single AI model can emit as much carbon as five cars in their lifetimes
  • The carbon footprint of training a single large language model is equivalent to the emissions of a round-trip flight between New York and San Francisco
  • AI-powered solutions could help reduce global greenhouse gas emissions by 4% by 2030
  • Energy-efficient AI hardware could reduce the carbon footprint of AI training by up to 100 times
  • By 2030, AI could help reduce global emissions by 2.6 to 5.3 gigatons of CO2 equivalent
  • AI-enabled smart grids could reduce carbon emissions by 2.2 gigatons per year by 2030

Interpretation

While Deep Learning Industry statistics may suggest that our AI models are becoming both exponentially powerful and environmentally burdensome, there is hope on the horizon. As we witness the voracious appetite for compute power of deep learning models, it becomes clear that the carbon footprint they leave behind is not to be taken lightly. However, the transformative potential of AI to mitigate climate change should not be overlooked. From reducing global greenhouse gas emissions to revolutionizing energy-efficient hardware, the dual nature of AI as both a culprit and a solution to our environmental woes is a reminder that innovation must always be accompanied by responsibility. So, as we navigate the fast-paced world of AI, let us strive not just for computational excellence, but also for a sustainable future where the algorithms that power our progress play a part in preserving our planet.

Hardware and Infrastructure

  • The deep learning chipset market is expected to grow from USD 6.6 billion in 2022 to USD 28.5 billion by 2027
  • GPU-based deep learning systems are expected to hold the largest market share in the deep learning chipset market
  • The cloud deployment mode in deep learning is expected to grow at a higher CAGR during the forecast period
  • By 2025, 80% of emerging technologies will have AI foundations
  • The global AI chip market size is expected to reach $194.9 billion by 2030

Interpretation

As the deep learning industry sees exponential growth, it's clear that technology is on a trajectory faster than an algorithm on Red Bull. With GPU-based systems reigning supreme and cloud deployment soaring higher than a data scientist's caffeine intake, the forecasted figures have more digits than a neural network's hidden layers. By 2025, AI will be as ubiquitous as internet cats, forming the backbone of 80% of emerging technologies. And with the global AI chip market set to match the GDP of some small countries by 2030, it seems artificial intelligence isn't just a buzzword – it's the future we're quick-learning to embrace.

Market Size and Growth

  • The global deep learning market size was valued at USD 11.5 billion in 2021
  • The deep learning market is expected to grow at a CAGR of 39.2% from 2022 to 2030
  • By 2025, the deep learning market is projected to reach $180.7 billion
  • The healthcare segment is expected to witness the highest CAGR of 42.8% in the deep learning market from 2022 to 2030
  • North America held the largest revenue share of 38% in the global deep learning market in 2021
  • The Asia Pacific region is expected to witness the fastest CAGR of 40.8% in the deep learning market from 2022 to 2030

Interpretation

As businesses and industries delve deeper into the realm of deep learning, the numbers speak louder than words - with a market valued at USD 11.5 billion in 2021, poised to skyrocket at a dizzying CAGR of 39.2% until 2030, reaching a projected $180.7 billion by 2025. The standout star in this tech-tainment show? The healthcare segment, sprinting ahead with a 42.8% CAGR, suggesting that even algorithms need to prioritize their health. While North America currently reigns supreme with a 38% revenue share, the Asia Pacific region is gearing up for a turbocharged race, projected to witness the fastest CAGR of 40.8% - proving that when it comes to the deep learning game, it's not just about the size of the data set, but the agility and strategy to navigate this data-driven world.

Performance and Capabilities

  • Deep learning algorithms can achieve up to 99.7% accuracy in image recognition tasks
  • Deep learning models have achieved human-level performance in speech recognition with an error rate of 5.9%
  • GPT-3, a deep learning language model, has 175 billion parameters
  • Deep learning models can generate photorealistic images with up to 1024x1024 resolution
  • AlphaFold, a deep learning system for protein structure prediction, achieved a median score of 92.4 GDT in CASP14
  • Deep learning models can translate between languages with a BLEU score of up to 41.0
  • The error rate for object detection in images has decreased from 28% in 2010 to less than 3% in 2020 due to deep learning

Interpretation

In a world where even our smartphones recognize our faces better than our friends, deep learning algorithms are strutting their stuff. With a swagger of 99.7% accuracy in image recognition tasks and a cool 5.9% error rate in speech recognition, these digital brains are giving humans a run for their money. From GPT-3's mind-boggling 175 billion parameters to AlphaFold's impressive score of 92.4 GDT in protein structure prediction, it's clear that deep learning is not just playing around. So, next time you marvel at a photorealistic image or seamlessly translated text, remember - it's all thanks to these silicon rockstars.

Research and Development

  • The number of AI patents filed worldwide increased by 400% from 2010 to 2020
  • In 2020, there were over 114,000 AI-related publications on arXiv
  • The number of AI research papers published annually has increased by 300% since 2015
  • China published 28% of all AI research papers globally in 2020
  • The United States leads in high-impact AI research, with 40% of the top 10% most-cited AI publications
  • Investment in AI startups increased by 115% between 2020 and 2021
  • The number of AI startups has increased by 14 times since 2000

Interpretation

In the ever-evolving landscape of artificial intelligence, the numbers speak volumes: a 400% surge in AI patents filed worldwide, over 114,000 AI-related publications flooding arXiv in 2020, and a staggering 300% boost in annual AI research paper output since 2015. China emerges as a formidable force, accounting for 28% of global AI research papers, while the United States claims the high ground with 40% of the top-tier most-cited AI publications. As investment in AI startups skyrockets by 115% and the number of such startups balloons by a whopping 14 times since 2000, one thing is clear: the AI revolution is not just on the horizon; it's already here, reshaping industries and redefining the future at breakneck speed.

Security and Ethics

  • The global AI in cybersecurity market size is expected to grow from $8.8 billion in 2019 to $38.2 billion by 2026
  • AI-powered cybersecurity solutions can detect and respond to threats 60 times faster than manual methods
  • 78% of cybersecurity professionals believe AI will help improve cybersecurity in the next three years
  • By 2024, AI-powered cybersecurity tools will handle over 50% of all security alerts
  • 69% of organizations fear AI will be used by attackers against them
  • 60% of organizations have implemented AI for data security
  • By 2023, 75% of large organizations will hire AI behavior forensic, privacy, and customer trust specialists
  • 40% of organizations have experienced an AI-related security breach or attack
  • 86% of executives say it's important to ensure the ethical development of AI solutions
  • Only 25% of organizations have a comprehensive AI governance framework in place
  • 73% of consumers are concerned about the ethical implications of AI
  • By 2023, all personnel hired for AI development and training will have to demonstrate expertise in responsible AI
  • 84% of C-suite executives believe they must leverage AI to achieve their growth objectives
  • Only 37% of organizations have defined processes for identifying AI bias

Interpretation

The rapid growth and adoption of AI in the cybersecurity industry reflect both the promise and the peril of advancing technology. From lightning-fast threat detection to the potential for AI-driven attacks, the stakes have never been higher. As organizations race to fortify their defenses with AI tools, the need for ethical guidelines and responsible governance becomes increasingly urgent. It's a cyber battleground where innovation and vigilance must go hand in hand, and where the true winners will be those who not only leverage AI for growth but also prioritize ethical considerations and bias mitigation. In this high-stakes game of digital cat and mouse, the only way to stay ahead is to wield AI as a force for good with a keen eye on ensuring trust and security for all.

Workforce and Skills

  • Deep learning is expected to create 97 million new jobs by 2025
  • The demand for AI and machine learning specialists is expected to grow by 71% between 2021 and 2025
  • 74% of organizations consider AI and machine learning as the most important skills to hire for in the next five years
  • The average salary for a deep learning engineer in the United States is $146,085 per year
  • By 2025, 50% of enterprises will have devised AI orchestration platforms to operationalize AI
  • 85% of AI and machine learning projects fail to deliver, often due to lack of skilled professionals
  • The number of AI and machine learning job postings on LinkedIn increased by 74% annually from 2016 to 2020

Interpretation

In the tumultuous landscape of the Deep Learning Industry, the statistics paint a murky yet promising picture: a wave of 97 million new jobs crashing onto the shore of 74% of organizations that view AI and machine learning skills as the holy grail of employment. With an average salary of $146,085 enticing aspiring deep learning engineers, the road to AI supremacy seems paved with gold. However, caution must be exercised as the treacherous waters of failure loom, with 85% of AI projects sinking due to a shortage of skilled professionals. Will these statistics serve as the compass guiding enterprises towards success, or will they lead to yet another shipwreck in the unforgiving sea of data? Only time will tell if the voyage to AI enlightenment will be smooth sailing or a turbulent adventure.

References