Deep Learning Systems Market, By Product Type (Hardware, Software, and Services), By End-User (BFSI, Retail, and Healthcare), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

The deep learning systems market was valued at US$1.64 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 40.8% to reach US$193.01 billion by 2030.

A deep learning system is a branch of artificial intelligence that uses artificial neural networks organized into hierarchical layers to perform machine learning. Artificial neural networks (ANNs) are constructed similarly to the human brain, with interconnected neuron nodes. The deep learning system uses high-level model abstractions and nonlinear transformations in enormous databases. Numerous businesses employ deep learning systems to generate essential data for improved decision-making, such as creative product concepts and customer feedback.