Japan Deep Learning Market By Offering (Hardware, Software, and Services), By Application (Image Recognition, Signal Recognition, and Data Mining), By End-User Industry (Healthcare, Retail, Automotive, Security, Manufacturing, and Others), By Architecture (RNN, CNN, DBN, DSN, and GRU), and By Region, Competition Forecast and Opportunities 2027

The Japan deep learning market is expected to grow at an impressive CAGR in the forecast period, FY2023-FY2027. High demand from the manufacturing industry, supportive government policies, and declining hardware costs are the primary factors driving the growth of the Japan deep learning market throughout the forecast period.

Adoption of Deep Learning Technology by Manufacturing Industry Drives the Market Growth

The Japanese government is promoting advanced technologies to increase productivity profit and minimize the loss incurred in organizations. The presence of well-developed technological infrastructure and allocation for huge funds by the government for research & development activities support the easy implementation of advanced technology in existing infrastructure. Japan is leading the world in industrial robot technology and plans to integrate the robotic technology with an open-source deep learning framework for better results. Manufacturing industries are using industrial robots to streamline and optimize their operations. The addition of deep learning technology enables the industrial robot to make accurate judgments during complex processes by learning from past examples and can share the knowledge instantaneously with other present industrial robots. Industrial robots can make informed decisions to select the best position to pick up the block from a disorganized pile Using image recognition with three-dimensional images and deep learning. By using deep learning technology, industrial robots can detect and prevent malfunctions beforehand, which ensures increased productivity in the manufacturing industries.

High Demand for Self-Driving Cars Boosts the Market growth

Project announced by the government, “Road to the L4,” aiming to boost the proliferation of advanced mobility services in the country, including level 4 autonomous driving, is expected to create lucrative opportunities for the Japan deep learning market. In rural areas, older people cannot drive vehicles with great accuracy, which results in a rise in the number of road accidents. Also, the ministry of economy, trade, and industry (METI) has planned to develop 40 autonomous taxi test sites nationwide by 2025. Autonomous vehicles or self-driving cars use deep learning technology to prevent the occurrence of road casualties and enhance the quality of life of consumers. The introduction of autonomous vehicles to support the growing geriatric population and development of supportive road infrastructure is expected to accelerate the Japan deep learning market growth through the next five years.

Increased Adoption of Deep Learning Technology by Healthcare Industry Supports the Market Demand

The rise in the adoption of advanced technologies by the healthcare industry to improve customer experience and maintain the patient's record efficiently is positively impacting the market demand. The growing geriatric population and the surge in efforts and investments by the leading government to improve the elderly care services is accelerating the adoption of deep learning technology across the healthcare vertical. Deep learning technology can also be used to reduce the time wasted in recognizing and categorizing the patient belongings and optimize the process of room allocation. Increased penetration of telehealth and patient monitoring devices is further expected to fuel the Japan deep learning market growth for the next five years.

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Market Segmentation

The Japan deep learning market is segmented into offering, application, end-user industry, architecture, company, and regional distribution. Based on offering, the market is divided into hardware, software, and services. Based on application, the market is divided into image recognition, signal recognition, and data mining. Based on end-user industry, the market is divided into healthcare, retail, automotive, security, manufacturing, and others. Based on architecture, the market is divided into RNN, CNN, DBN, DSN, and GRU. The market is also studied on the basis of regional distribution and the regions are majorly divided into Hokkaido & Tohoku, Kanto, Chubu, Kansai, Chugoku, Shikoku, and Kyushu.

Market Players

Amazon Web Services (AWS), Google Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Preferred Networks, Abeja Inc., Cinnamon Inc., Ubie, and Ascent Robotics, are the major market players operating in the Japan deep learning market.