PUBLISHER: KBV Research | PRODUCT CODE: 1575704
PUBLISHER: KBV Research | PRODUCT CODE: 1575704
The Asia Pacific Deep Learning Market would witness market growth of 35% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Deep Learning Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $56,580.3 million by 2031. The Japan market is registering a CAGR of 34.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 35.9% during (2024 - 2031).
Deep learning technologies are employed across numerous industries, revolutionizing how businesses operate and making decisions. Deep learning algorithms analyze medical images (e.g., X-rays, MRIs, and CT scans) to detect anomalies such as tumours or fractures.
Tools like Google Translate utilize deep learning to provide more accurate translations by understanding context and idiomatic expressions, improving over traditional rule-based methods. Companies can use deep learning to analyze social media posts and consumer reviews to gauge public opinion on products or services, facilitating data-driven decision-making.
The growing hospital sector in India is significantly influencing the expansion of the deep learning market, driven by increasing investments and advancements in healthcare technology. As per the National Investment Promotion and Facilitation Agency of India, the hospital industry, comprising 80% of the healthcare sector, is witnessing substantial interest from domestic and international investors. This influx of investment enhances the infrastructure and capacity of hospitals and accelerates the adoption of advanced technologies, including deep learning.
Based on Solution, the market is segmented into Software, Hardware (Graphics Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA), and Application-Specific Integration Circuit (ASIC)), and Services (Integration Services, Installation Services, and Maintenance & Support Services). Based on Application, the market is segmented into Image recognition, Voice Recognition, Video Surveillance & Diagnostics, and Data Mining. Based on End-use, the market is segmented into Aerospace & Defense, Healthcare, Automotive, Retail, and Other End-use. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Deep Learning Market Report Segmentation
By Solution
By Application
By End-use
By Country