The demand within the global deep learning market is growing at a sturdy pace in recent times. The popularity of automation technologies has made it mandatory for researchers to go a notch higher in terms of technological progress. Therefore, deep learning has become the catchphrase of renowned scientists who are planning to cause disruptions in the domain of automation. Deep learning technologies are not just used to add a layer of sophistication across the residential and commercial sector. Furthermore, use of deep learning technologies in conjunction with artificial intelligence and machine learning has helped in developing multiple industries.
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In this blog by TMR Research, several factors pertaining to the expansion of the deep learning market have been enunciated. The blog looks into the contemporary-day trends within the domain of technology and automation, with the intent to understand market growth.
Smart Grids to Emerge as Key Application Segment
The development of smart cities has become an important goal for national and regional governments. The need for energy optimization and growth has created new avenues for the development of smart grids. Therefore, the total volume of revenues within the global deep learning market is slated to escalate in the coming years. Furthermore, deep learning technologies are also used across the commercial sector for improved planning of spaces and movement areas.
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North America to Lead Market Growth
The demand within the North America deep learning market is expected to outdo all other regional segments. The stellar size and notable presence of automaton technologies in the US has given a thrust to market growth. Furthermore, the use of deep learning technologies in healthcare also birthed in the US. Other key segments of the deep learning market are Europe and Asia Pacific.