Deep Learning Market Size to Surpass USD 858.69 Billion by
From GlobeNewswire: 2025-03-28 10:00:00
The Deep Learning Market was valued at USD 72.31 billion in 2023, projected to reach USD 858.69 billion by 2032 with a CAGR of 31.69%. Major players include NVIDIA, Intel, Xilinx, Samsung Electronics, and more. Advancements in AI hardware are driving growth, with North America leading in revenue at 40%.
The U.S. Deep Learning Market is set to grow from USD 20.61 billion in 2023 to USD 328.36 billion by 2032, driven by AI technology advancements and increased adoption. Image recognition is the leading application segment, while data mining is the fastest-growing, with a CAGR of 34.98% from 2024-2032.
Software dominates the Deep Learning Market with a 48% market share in 2023, fueled by AI-enabled applications. Hardware is the fastest-growing segment with a 33.63% CAGR, driven by demand for high-performance infrastructure like GPUs and TPUs. Automotive leads in end-use, while healthcare is the fastest-growing segment.
North America held the largest revenue share of 40% in the Deep Learning Market in 2023, with a strong presence of top AI companies and robust R&D. The Asia Pacific region is expected to grow at a CAGR of 33.73% from 2024-2032, driven by rapid adoption of AI technologies in various sectors. Government initiatives, booming AI startup activity, and advancements in Smart City projects and automation are driving the region’s strong growth trajectory. NVIDIA CEO introduced the GeForce RTX 50 Series GPUs with a new Blackwell AI chip. Microsoft extended collaboration with OpenAI for Copilot and Azure OpenAI Service. Access the complete report details of the Deep Learning Market Analysis Report 2024-2032 for more information. SNS Insider offers consulting services for Go To Market Assessment, Total Addressable Market (TAM) Assessment, and Competitive Benchmarking and Market Share Gain. SNS Insider is a leading market research and consulting agency, providing clients with current, accurate market data, consumer insights, and opinions to make confident decisions.
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