DARQ Technology Market Expected To Rise at a CAGR 16.5% During 2020–2025


Posted January 21, 2021 by rohitkurup99

Advances in Deep Learning Driving the Growth of DARQ Technology Market

 
DARQ technology Market has generated a revenue of $640 million in 2019 and expected to rise at a CAGR 16.5% during 2020-2025. Artificial intelligence, a part of DARQ technology has the highest market growth due to its wider applications adoption. AI Technology is associated with human intelligence with similar characteristics such as language comprehension, reasoning, learning, problem-solving, and so on.

Key Takeaways
AI Software, one of DARQ's software, held the highest market share due to increasing data, increasing the growth of cloud-based applications and services, demand for virtual technical assistants in 2019.
Healthcare segment is anticipated to deploy the DARQ Technology in treatment innovations, drug discovery, DNA data and others consequently impelling the market growth during the forecast period.
North America region dominated the AI Technology market that was valued at the US $269 billion in 2019 and is projected to reach US $x billion by 2025. Technological advancements, the rapid pace of digitalization and increasing adoption of advanced services that are more reliable, secure and safe is propelling the growth of DARQ Technology Market.

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Geography Type-segment analysis
North America dominated the market for DARQ Technology. As of 2019, the region accounted for a leading market share in the DARQ Technology market of around 48%. In October 2018 to address the social and economic problems, google raised a fund of $25million for artificial intelligence research, which in turn will create more opportunities for DARQ technology market during the forecast period 2020-2025. Key factors DARQ Technology market growth in this region are rising technological advancements in the field of natural language processing, machine learning, and analytical tools.

Drivers

Abundant data 
Advances in Deep Learning

Market Landscape 
Partnerships and acquisitions along with product launches are the key strategies of the players in the DARQ Technology Market. The 10 major players in the DARQ Technology Market include IBM Corporation, Accenture PLC, Chain Inc., Apple Inc., Baidu, Qualcomm Technologies Inc., Northern Digital Inc., D-Wave Systems Inc., Google Inc., and Cambridge Quantum Computing Limited among others.

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Issued By rohitkurup99
Country India
Categories Business , Reports , Technology
Tags darq technology market , darq technology market analysis , darq technology market trends
Last Updated January 21, 2021