GITNUX MARKETDATA REPORT 2024

Deep Learning Industry Statistics

The deep learning industry is expected to continue growing rapidly, with a projected market size of over $18 billion by 2025.

Statistic 1

"The deep learning market was valued at USD 3.02 Billion in 2020 and is projected to reach USD 26.64 Billion by 2028."

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Statistic 2

"The deep learning market is growing at a compound annual growth rate (CAGR) of 39.2% from 2021 to 2028."

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Statistic 3

"North America dominates the global deep learning market, followed by Europe."

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Statistic 4

"Hardware holds the largest share of the deep learning market."

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Statistic 5

"The finance industry is predicted to have the fastest growth in the application of deep learning through 2028."

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Statistic 6

"Software solutions are predicted to see a CAGR of 42% through 2027 in the deep learning market."

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Statistic 7

"By 2025, 80% of enterprises will shift from piloting to operationalising AI, driving a 5X increase in streaming data and analytics infrastructures."

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Statistic 8

"The deep learning software market, which includes applications, platforms, and infrastructure software, will increase from $3 billion in 2017 to $67.2 billion by 2025."

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Statistic 9

"Research and development activities remain the largest sector using deep learning applications."

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Statistic 10

"Healthcare and automotive industries are also major sectors with a high adoption rate of deep learning models for various applications."

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Statistic 11

"The North American region is expected to occupy more than half of the deep learning market share by 2027."

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Statistic 12

"Medical and drug research constitutes 45% of the AI workload, and genomic research constitutes 29%."

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Statistic 13

"Automotive companies using deep learning are anticipated to climb from around 7,000 companies in 2020 to potentially more than 12,000 companies by 2025."

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Statistic 14

"AI patents, including deep learning, grew with a CAGR of 35% from 2010 to 2018."

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Statistic 15

"By 2022, 30% of AI (including deep learning) will rely on edge computing."

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Statistic 16

"Most companies (90%) in 2020 aimed to maintain or increase their AI (including deep learning) investments in response to COVID-19."

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Statistic 17

"In 2020, deep learning was the major AI technology where 74% of organizations invested."

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Statistic 18

"Only 22% of enterprises consider themselves successful at monitoring and scaling AI and deep learning"

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Statistic 19

"By 2025, 75% of commercial enterprise applications will use AI (including deep learning)."

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