GITNUX MARKETDATA REPORT 2024

The Most Surprising Deep Learning Statistics And Trends in 2024

Statistic 1

"Deep learning market size is projected to reach $93.34 billion by 2028."

Sources Icon

Statistic 2

"Google's BERT is a deep learning model with 340 million parameters."

Sources Icon

Statistic 3

"The number of deep learning patents doubled from 2017 to 2021."

Sources Icon

Statistic 4

"The deep learning market is expected to have a CAGR of 22.4% from 2021 to 2028."

Sources Icon

Statistic 5

"Nearly 90% of startups in the AI sector focus on deep learning."

Sources Icon

Statistic 6

"Deep learning reduces loan default rates by 76% when applied in financial services."

Sources Icon

Statistic 7

"TensorFlow, a popular deep learning framework, has over 150,000 stars on GitHub as of 2023."

Sources Icon

Statistic 8

"Over 60% of deep learning research papers published in 2019 came from China and the USA."

Sources Icon

Statistic 9

"Deep learning models have 10x more parameters than traditional machine learning models."

Sources Icon

Statistic 10

"80% of all deep learning applications are written in Python."

Sources Icon

Statistic 11

"Deep learning in healthcare is expected to grow at a CAGR of 48.0% from 2022 to 2030."

Sources Icon

Statistic 12

"Deep learning has improved image recognition accuracy from 70% to more than 95%."

Sources Icon

Statistic 13

"In 2019, 72% of companies were investing in deep learning."

Sources Icon

Statistic 14

"Deep learning can reduce costs by 10% to 15% in manufacturing."

Sources Icon

Statistic 15

"Deep learning accounted for 13% of AI-related job postings in 2020."

Sources Icon

Statistic 16

"The deep learning-based NLP market is expected to grow at a CAGR of 27.6% from 2020 to 2025."

Sources Icon

Statistic 17

"61% of businesses have implemented deep learning in some capacity."

Sources Icon

Statistic 18

"NVIDIA's revenue from GPU sales for deep learning surged by 145% in 2020."

Sources Icon

Statistic 19

"In 2020, AWS dominated the deep learning cloud market with a 32% share."

Sources Icon

Statistic 20

"Pytorch, another deep learning framework, has over 50,000 stars on GitHub as of 2023."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!