The North America Deep Learning Market would witness market growth of 33.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Deep Learning Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $178,272.5 million by 2031. The Canada market is experiencing a CAGR of 36.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 35.3% during (2024 - 2031).
The adoption of deep learning technologies has been accelerating across industries and is driven by several key trends. Organizations leverage edge computing to run deep learning algorithms closer to data sources, enabling real-time decision-making.
Moreover, this is especially pertinent in industries such as manufacturing, where machines can rapidly analyze data to facilitate predictive maintenance. The rise of IoT devices equipped with deep learning capabilities transforms various applications, from smart home automation to industrial IoT solutions, enhancing user experiences through intelligent insights.
The increasing budget in the Canadian aerospace sector is significantly influencing the growth of the deep learning market in Canada. The Government of Canada has allocated a budget of $250 million for the coming years. This initiative is administered by Canada’s regional development agencies (RDAs) and aims to provide robust support for the aerospace industry, especially due to the challenges posed by the COVID-19 pandemic.
Free Valuable Insights: The Deep Learning Market is Predict to reach USD 715.2 Billion by 2031, at a CAGR of 34.3%
Based on Solution, the market is segmented into Software, Hardware (Graphics Processing Unit (GPU), Central Processing Unit (CPU), Field Programmable Gate Array (FPGA), and Application-Specific Integration Circuit (ASIC)), and Services (Integration Services, Installation Services, and Maintenance & Support Services). Based on Application, the market is segmented into Image recognition, Voice Recognition, Video Surveillance & Diagnostics, and Data Mining. Based on End-use, the market is segmented into Aerospace & Defense, Healthcare, Automotive, Retail, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Advanced Micro Devices, Inc.
- Arm Limited (SoftBank Group Corp.)
- NVIDIA Corporation
- Clarifai, Inc.
- Google LLC
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
North America Deep Learning Market Report Segmentation
By Solution
- Software
- Hardware
- Graphics Processing Unit (GPU)
- Central Processing Unit (CPU)
- Field Programmable Gate Array (FPGA)
- Application-Specific Integration Circuit (ASIC)
- Services
- Integration Services
- Installation Services
- Maintenance & Support Services
By Application
- Image recognition
- Voice Recognition
- Video Surveillance & Diagnostics
- Data Mining
By End-use
- Aerospace & Defense
- Healthcare
- Automotive
- Retail
- Other End-use
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Deep Learning Market, by Solution
1.4.2 North America Deep Learning Market, by Application
1.4.3 North America Deep Learning Market, by End-use
1.4.4 North America Deep Learning Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Apr – 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Deep Learning Market by Solution
5.1 North America Software Market by Country
5.2 North America Hardware Market by Country
5.3 North America Deep Learning Market by Hardware Type
5.3.1 North America Graphics Processing Unit (GPU) Market by Country
5.3.2 North America Central Processing Unit (CPU) Market by Country
5.3.3 North America Field Programmable Gate Array (FPGA) Market by Country
5.3.4 North America Application-Specific Integration Circuit (ASIC) Market by Country
5.4 North America Services Market by Country
5.5 North America Deep Learning Market by Services Type
5.5.1 North America Integration Services Market by Country
5.5.2 North America Installation Services Market by Country
5.5.3 North America Maintenance & Support Services Market by Country
Chapter 6. North America Deep Learning Market by Application
6.1 North America Image recognition Market by Country
6.2 North America Voice Recognition Market by Country
6.3 North America Video Surveillance & Diagnostics Market by Country
6.4 North America Data Mining Market by Country
Chapter 7. North America Deep Learning Market by End-use
7.1 North America Aerospace & Defense Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Automotive Market by Country
7.4 North America Retail Market by Country
7.5 North America Other End-use Market by Country
Chapter 8. North America Deep Learning Market by Country
8.1 US Deep Learning Market
8.1.1 US Deep Learning Market by Solution
8.1.1.1 US Deep Learning Market by Hardware Type
8.1.1.2 US Deep Learning Market by Services Type
8.1.2 US Deep Learning Market by Application
8.1.3 US Deep Learning Market by End-use
8.2 Canada Deep Learning Market
8.2.1 Canada Deep Learning Market by Solution
8.2.1.1 Canada Deep Learning Market by Hardware Type
8.2.1.2 Canada Deep Learning Market by Services Type
8.2.2 Canada Deep Learning Market by Application
8.2.3 Canada Deep Learning Market by End-use
8.3 Mexico Deep Learning Market
8.3.1 Mexico Deep Learning Market by Solution
8.3.1.1 Mexico Deep Learning Market by Hardware Type
8.3.1.2 Mexico Deep Learning Market by Services Type
8.3.2 Mexico Deep Learning Market by Application
8.3.3 Mexico Deep Learning Market by End-use
8.4 Rest of North America Deep Learning Market
8.4.1 Rest of North America Deep Learning Market by Solution
8.4.1.1 Rest of North America Deep Learning Market by Hardware Type
8.4.1.2 Rest of North America Deep Learning Market by Services Type
8.4.2 Rest of North America Deep Learning Market by Application
8.4.3 Rest of North America Deep Learning Market by End-use
Chapter 9. Company Profiles
9.1 Advanced Micro Devices, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Arm Limited (SoftBank Group Corp.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Recent strategies and developments:
9.2.3.1 Partnerships, Collaborations, and Agreements:
9.2.3.2 Product Launches and Product Expansions:
9.2.4 SWOT Analysis
9.3 NVIDIA Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Clarifai, Inc.
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Partnerships, Collaborations, and Agreements:
9.4.2.2 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 Google LLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 IBM Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional & Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Intel Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Microsoft Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Product Launches and Product Expansions:
9.9.5 SWOT Analysis
9.10. Samsung Electronics Co., Ltd. (Samsung Group)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 North America Deep Learning Market, 2020 - 2023, USD Million
TABLE 2 North America Deep Learning Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Deep Learning Market
TABLE 4 Product Launches And Product Expansions– Deep Learning Market
TABLE 5 Acquisition and Mergers– Deep Learning Market
TABLE 6 North America Deep Learning Market by Solution, 2020 - 2023, USD Million
TABLE 7 North America Deep Learning Market by Solution, 2024 - 2031, USD Million
TABLE 8 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 10 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 11 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Deep Learning Market by Hardware Type, 2020 - 2023, USD Million
TABLE 13 North America Deep Learning Market by Hardware Type, 2024 - 2031, USD Million
TABLE 14 North America Graphics Processing Unit (GPU) Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Graphics Processing Unit (GPU) Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Central Processing Unit (CPU) Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Central Processing Unit (CPU) Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Field Programmable Gate Array (FPGA) Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Field Programmable Gate Array (FPGA) Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Application-Specific Integration Circuit (ASIC) Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Application-Specific Integration Circuit (ASIC) Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Deep Learning Market by Services Type, 2020 - 2023, USD Million
TABLE 25 North America Deep Learning Market by Services Type, 2024 - 2031, USD Million
TABLE 26 North America Integration Services Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Integration Services Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Installation Services Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Installation Services Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Maintenance & Support Services Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Maintenance & Support Services Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Deep Learning Market by Application, 2020 - 2023, USD Million
TABLE 33 North America Deep Learning Market by Application, 2024 - 2031, USD Million
TABLE 34 North America Image recognition Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Image recognition Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Voice Recognition Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Voice Recognition Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Video Surveillance & Diagnostics Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Video Surveillance & Diagnostics Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Data Mining Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Data Mining Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Deep Learning Market by End-use, 2020 - 2023, USD Million
TABLE 43 North America Deep Learning Market by End-use, 2024 - 2031, USD Million
TABLE 44 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 48 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 49 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 50 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Other End-use Market by Country, 2020 - 2023, USD Million
TABLE 53 North America Other End-use Market by Country, 2024 - 2031, USD Million
TABLE 54 North America Deep Learning Market by Country, 2020 - 2023, USD Million
TABLE 55 North America Deep Learning Market by Country, 2024 - 2031, USD Million
TABLE 56 US Deep Learning Market, 2020 - 2023, USD Million
TABLE 57 US Deep Learning Market, 2024 - 2031, USD Million
TABLE 58 US Deep Learning Market by Solution, 2020 - 2023, USD Million
TABLE 59 US Deep Learning Market by Solution, 2024 - 2031, USD Million
TABLE 60 US Deep Learning Market by Hardware Type, 2020 - 2023, USD Million
TABLE 61 US Deep Learning Market by Hardware Type, 2024 - 2031, USD Million
TABLE 62 US Deep Learning Market by Services Type, 2020 - 2023, USD Million
TABLE 63 US Deep Learning Market by Services Type, 2024 - 2031, USD Million
TABLE 64 US Deep Learning Market by Application, 2020 - 2023, USD Million
TABLE 65 US Deep Learning Market by Application, 2024 - 2031, USD Million
TABLE 66 US Deep Learning Market by End-use, 2020 - 2023, USD Million
TABLE 67 US Deep Learning Market by End-use, 2024 - 2031, USD Million
TABLE 68 Canada Deep Learning Market, 2020 - 2023, USD Million
TABLE 69 Canada Deep Learning Market, 2024 - 2031, USD Million
TABLE 70 Canada Deep Learning Market by Solution, 2020 - 2023, USD Million
TABLE 71 Canada Deep Learning Market by Solution, 2024 - 2031, USD Million
TABLE 72 Canada Deep Learning Market by Hardware Type, 2020 - 2023, USD Million
TABLE 73 Canada Deep Learning Market by Hardware Type, 2024 - 2031, USD Million
TABLE 74 Canada Deep Learning Market by Services Type, 2020 - 2023, USD Million
TABLE 75 Canada Deep Learning Market by Services Type, 2024 - 2031, USD Million
TABLE 76 Canada Deep Learning Market by Application, 2020 - 2023, USD Million
TABLE 77 Canada Deep Learning Market by Application, 2024 - 2031, USD Million
TABLE 78 Canada Deep Learning Market by End-use, 2020 - 2023, USD Million
TABLE 79 Canada Deep Learning Market by End-use, 2024 - 2031, USD Million
TABLE 80 Mexico Deep Learning Market, 2020 - 2023, USD Million
TABLE 81 Mexico Deep Learning Market, 2024 - 2031, USD Million
TABLE 82 Mexico Deep Learning Market by Solution, 2020 - 2023, USD Million
TABLE 83 Mexico Deep Learning Market by Solution, 2024 - 2031, USD Million
TABLE 84 Mexico Deep Learning Market by Hardware Type, 2020 - 2023, USD Million
TABLE 85 Mexico Deep Learning Market by Hardware Type, 2024 - 2031, USD Million
TABLE 86 Mexico Deep Learning Market by Services Type, 2020 - 2023, USD Million
TABLE 87 Mexico Deep Learning Market by Services Type, 2024 - 2031, USD Million
TABLE 88 Mexico Deep Learning Market by Application, 2020 - 2023, USD Million
TABLE 89 Mexico Deep Learning Market by Application, 2024 - 2031, USD Million
TABLE 90 Mexico Deep Learning Market by End-use, 2020 - 2023, USD Million
TABLE 91 Mexico Deep Learning Market by End-use, 2024 - 2031, USD Million
TABLE 92 Rest of North America Deep Learning Market, 2020 - 2023, USD Million
TABLE 93 Rest of North America Deep Learning Market, 2024 - 2031, USD Million
TABLE 94 Rest of North America Deep Learning Market by Solution, 2020 - 2023, USD Million
TABLE 95 Rest of North America Deep Learning Market by Solution, 2024 - 2031, USD Million
TABLE 96 Rest of North America Deep Learning Market by Hardware Type, 2020 - 2023, USD Million
TABLE 97 Rest of North America Deep Learning Market by Hardware Type, 2024 - 2031, USD Million
TABLE 98 Rest of North America Deep Learning Market by Services Type, 2020 - 2023, USD Million
TABLE 99 Rest of North America Deep Learning Market by Services Type, 2024 - 2031, USD Million
TABLE 100 Rest of North America Deep Learning Market by Application, 2020 - 2023, USD Million
TABLE 101 Rest of North America Deep Learning Market by Application, 2024 - 2031, USD Million
TABLE 102 Rest of North America Deep Learning Market by End-use, 2020 - 2023, USD Million
TABLE 103 Rest of North America Deep Learning Market by End-use, 2024 - 2031, USD Million
TABLE 104 Key information – Advanced Micro Devices, Inc.
TABLE 105 Key Information – Arm Limited
TABLE 106 Key Information – NVIDIA Corporation
TABLE 107 Key Information – Clarifai, Inc.
TABLE 108 Key Information – Google LLC
TABLE 109 Key Information – IBM Corporation
TABLE 110 Key Information – Intel Corporation
TABLE 111 Key Information – Microsoft Corporation
TABLE 112 Key Information – Amazon Web Services, Inc.
TABLE 113 Key Information – Samsung Electronics Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Deep Learning Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Deep Learning Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Apr – 2024, Sep) Leading Players
FIG 8 Porter’s Five Forces Analysis – Deep Learning Market
FIG 9 North America Deep Learning Market share by Solution, 2023
FIG 10 North America Deep Learning Market share by Solution, 2031
FIG 11 North America Deep Learning Market by Solution, 2020 - 2031, USD Million
FIG 12 North America Deep Learning Market share by Application, 2023
FIG 13 North America Deep Learning Market share by Application, 2031
FIG 14 North America Deep Learning Market by Application, 2020 - 2031, USD Million
FIG 15 North America Deep Learning Market share by End-use, 2023
FIG 16 North America Deep Learning Market share by End-use, 2031
FIG 17 North America Deep Learning Market by End-use, 2020 - 2031, USD Million
FIG 18 North America Deep Learning Market share by Country, 2023
FIG 19 North America Deep Learning Market share by Country, 2031
FIG 20 North America Deep Learning Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Advanced Micro Devices, Inc.
FIG 22 SWOT Analysis: Advanced Micro Devices, Inc.
FIG 23 Recent strategies and developments: Arm Limited
FIG 24 SWOT Analysis: Arm Limited
FIG 25 Recent strategies and developments: NVIDIA Corporation
FIG 26 SWOT Analysis: NVIDIA Corporation
FIG 27 Recent strategies and developments: Clarifai, Inc.
FIG 28 SWOT Analysis: Clarifai, Inc.
FIG 29 SWOT Analysis: Google LLC
FIG 30 Recent strategies and developments: IBM Corporation
FIG 31 SWOT Analysis: IBM Corporation
FIG 32 Recent strategies and developments: Intel corporation
FIG 33 SWOT Analysis: Intel corporation
FIG 34 SWOT Analysis: Microsoft Corporation
FIG 35 Recent strategies and developments: Amazon Web Services, Inc.
FIG 36 SWOT Analysis: Amazon Web Services, Inc.
FIG 37 SWOT Analysis: Samsung Electronics Co., Ltd.