Latin America Deep Learning Market Size & Outlook
Latin America deep learning market, 2018-2030 (US$M)
Related Markets
Latin America deep learning market highlights
- The Latin America deep learning market generated a revenue of USD 7,229.8 million in 2023.
- The market is expected to grow at a CAGR of 36.5% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 7,229.8 million |
| Market revenue in 2030 | USD 63,881.4 million |
| Growth rate | 36.5% (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 |
| Key market players worldwide | Advanced Micro Devices Inc, ARM Holdings PLC ADR, Alphabet Inc Class A, International Business Machines Corp, Intel Corp, Microsoft Corp, NVIDIA Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.4% of the global deep learning market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 199,736.9 million by 2030.
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Deep Learning Market Scope
Deep Learning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 60.42% in 2023. Horizon Databook has segmented the Latin America deep learning market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Deep Learning Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- Latin America Deep Learning End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Healthcare
- Retail
- Others
- Latin America 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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Target buyers of Latin America deep learning market databook
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Our clientele includes a mix of deep learning market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America deep learning market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America deep learning market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America deep learning market size, by country, 2018-2030 (US$M)
Latin America Deep Learning Market Outlook Share, 2023 & 2030 (US$M)
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