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Deep Learning is a kind of machine learning that focuses on teaching computers fundamental human instincts. Furthermore, using deep learning, a computer system may learn to execute categorization tasks by directly evaluating complicated data, which can be in the form of images, text, or voice. Deep learning also assists end users in developing algorithms that achieve state-of-the-art (SOTA) accuracy, which is even higher than human performance.
The worldwide Deep Learning Market is growing due to increased computer capacity, lower hardware costs, and increased usage of cloud-based technologies. Furthermore, the use of deep learning in big data analytics has a beneficial influence on market growth. However, increasing complexity in hardware due to complex algorithm used in technology and lack of technical expertise & absence of standards and protocols hampers the market growth. On the contrary, cumulative spending in healthcare, travel, tourism, and hospitality industries is expected to offer remunerative opportunities for expansion of the market during the forecast period.
Source Link- https://cmi-latestreportorientedblogs.blogspot.com/2022/06/deep-learning-market-is-projected-to.html