Global Deep Learning Market Size & Outlook, 2023-2030
Global deep learning market, 2018-2030 (US$M)
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Global deep learning market highlights
- The global deep learning market generated a revenue of USD 69,809.4 million in 2023 and is expected to reach USD 526,721.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 33.5% by 2030.
- In terms of segment, solution accounted for a revenue of USD 42,296.1 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 69,809.4 million |
| Market revenue in 2030 | USD 526,721.1 million |
| Growth rate | 33.5% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 30.9% of the global deep learning market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 63,927.4 million by 2030.
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Deep Learning Market Scope
Deep Learning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global deep learning market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to deep learning market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 60.59% in 2023. Horizon Databook has segmented the Global deep learning market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Deep Learning Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- Global Deep Learning End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Healthcare
- Retail
- Others
- Global Deep Learning Application Outlook (Revenue, USD Million, 2018-2030)
- Image Recognition
- Voice Recognition
- Video Surveillance & Diagnostics
- Data Mining
- Sentiment Analysis
- Data Extraction
- Risk and Threat Detection
- Automatic Summarization
- Content Management
- Language Scoring
- Others (Portfolio Monitoring, HR and Recruiting, and Branding and Advertising)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global deep learning market , including forecasts for subscribers. This global databook contains high-level insights into Global deep learning market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global deep learning market size, by regions, 2018-2030 (US$M)
Top 10 countries: Deep learning market size, 2023 (US$M)
Global deep learning market share, by component, 2023 & 2030 (%, US$M)
Deep learning market: Opportunity assessment by country
Global deep learning market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,949.0 | 5,879.5 | 8,514.1 | 11,863.5 | 16,101.2 | 21,569.1 | 28,514.2 | 37,193.3 | 47,858.8 | 60,738.9 | 72,146.5 | 87,627.0 | 105,029.3 | 25.4% |
| Europe | 2,733.3 | 4,180.1 | 6,213.4 | 8,880.7 | 12,354.5 | 16,951.6 | 22,936.4 | 30,596.9 | 40,232.9 | 52,137.0 | 66,023.8 | 83,765.0 | 105,695.4 | 29.9% |
| Asia Pacific | 1,808.8 | 3,037.7 | 4,958.4 | 7,782.3 | 11,888.8 | 17,913.4 | 26,616.1 | 38,989.6 | 56,299.4 | 80,353.1 | 106,812.9 | 146,820.0 | 199,736.9 | 41.1% |
| Latin America | 917.0 | 1,475.5 | 2,303.0 | 3,451.6 | 5,030.9 | 7,229.8 | 10,246.3 | 14,323.2 | 19,751.4 | 26,870.1 | 35,421.8 | 47,830.9 | 63,881.4 | 36.5% |
| MEA | 553.2 | 1,038.3 | 1,790.2 | 2,849.7 | 4,274.2 | 6,145.4 | 8,478.2 | 11,207.8 | 14,138.0 | 16,639.3 | 30,032.3 | 39,024.9 | 52,378.1 | 35.8% |
| Overall | 9,961.3 | 15,611.0 | 23,779.1 | 34,827.8 | 49,649.6 | 69,809.4 | 96,791.2 | 132,310.8 | 178,280.5 | 236,738.4 | 310,437.2 | 405,067.8 | 526,721.1 | 33.5% |
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