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Deep Neural Networks Market : Emerging Trends and Opportunities in End-Use Industries #738
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The latest research report by Emergen Research, named ‘Global Deep Neural Networks Market - Forecast to 2032 . The report offers these individuals a vivid description of the competitive spectrum of the global Deep Neural Networks Market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
The Global Deep Neural Networks Market is projected to reach USD 5.98 billion in 2027. The market is expected to be driven owing to extensive rise in the big data analytics, emergence of the deep learning through neural networks and cognitive analytical procedures in various verticals including IT & Telecommunication, BFSI, e-commerce, and healthcare, among others.
The deep neural networks (DNN) market represents a rapidly growing segment within the artificial intelligence (AI) and machine learning industry, driven by the increasing adoption of deep learning algorithms for solving complex problems across various domains. Deep neural networks, inspired by the structure and function of the human brain, consist of multiple layers of interconnected nodes (neurons) that process and analyze vast amounts of data to extract meaningful patterns and make predictions. As businesses and organizations seek to leverage the power of AI for data-driven decision-making, the demand for DNN-based solutions continues to surge, fueling innovation and growth in the market.
Drivers of Deep Neural Networks Market Growth:
One of the primary drivers propelling the growth of the deep neural networks market is the exponential growth of data generated by digital platforms, IoT devices, and connected systems. Deep learning algorithms excel at extracting insights from large and complex datasets, enabling organizations to gain valuable insights into customer behavior, market trends, and operational performance. Moreover, advancements in computing hardware, including graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and specialized AI accelerators, facilitate the training and deployment of deep neural networks at scale, driving adoption across industries. Additionally, the increasing availability of open-source frameworks, libraries, and pre-trained models simplifies the development and implementation of DNN-based solutions, lowering barriers to entry for businesses and developers.
Major Companies and Competitive Landscape
The Deep Neural Networks Market is fairly consolidated with a few small and medium-sized market players accounting for majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective in the market. Some major players included in the market report are:
Google, Oracle, Microsoft, IBM, Qualcomm, Intel, Ward Systems, Starmind, Neurala, NeuralWare, and Clarifai, among others.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/deep-neural-networks-market
Key inclusions of the Deep Neural Networks Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
Covid impact analysis:
The study on the Global Deep Neural Networks Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Deep Neural Networks Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Deep Neural Networks Market industry. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties The Deep Neural Networks Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
To understand how our Deep Neural Networks Market can bring difference to your business strategy: https://www.emergenresearch.com/request-sample/76
Deep Neural Networks Market Segment Analysis
For the purpose of this report, Emergen Research has segmented into the global Deep Neural Networks Market on the basis of Component, Application, Deployment Mode, End-Use Verticals, and region:
Component Outlook (Revenue: USD Billion; 2017-2027)
Software & Application
Services
Application Outlook (Revenue: USD Billion; 2017-2027)
Data Preprocessing
Analytical Tools
Visualization
Optimization
Others
Deployment Mode Outlook (Revenue: USD Billion; 2017-2027)
Cloud
On-Premises
End-Use Verticals Outlook (Revenue: USD Billion; 2017-2027)
BFSI
IT & Telecommunication
Electronics & Semiconductors
Aerospace & Defense
Healthcare & Biotechnology
Energy & Utilities
Manufacturing Industries
Retail & E-Commerce
Others
Regional Analysis of the Deep Neural Networks Market :
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Deep Neural Networks Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Deep Neural Networks Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market.