Deep Learning Market to Grow at an Astounding CAGR of 65.3%

MarketsandMarkets in a research report on the Deep Learning market, predicts that the market revenues will grow at an astounding CAGR of 65.3% to touch $1,722.9 million by 2022. Deep Learning is a branch of Machine Learning which uses multiple layer algorithms to model abstractions for data mining. It is also called as deep structured learning, deep machine learning or hierarchical learning. By digging deep through many layers, Deep Learning can harness huge amounts of computational power. This makes it easier to translate speech and recognize objects, thereby improving Artificial Intelligence (AI). Deep Learning is mainly useful for image recognition, signal recognition, data mining and other similar applications. The market for data mining applications is predicted to have the highest CAGR growth till 2022, as Deep Learning is being increasingly…

Link to Full Article: Deep Learning Market to Grow at an Astounding CAGR of 65.3%

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!