Global Artificial Neural Networks
Market Report
2025
Artificial Neural Network Market size will be USD 290 million in 2024 and will expand at a compound annual growth rate (CAGR) of 18.4% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global artificial neural network market size will be USD 290 million in 2024 and will expand at a compound annual growth rate (CAGR) of 18.4% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Artificial Neural Networks Market Sales Revenue 2024 | $ 290 Million |
Global Artificial Neural Networks Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.4% |
Market Split by Component |
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Market Split by Application |
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Market Split by Deployment Mode |
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Market Split by Industry Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Artificial Neural Networks Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An artificial neural network (ANN) is a computer technique designed to solve difficult nonlinear equations by simulating the neuronal network seen in human brains. This model's general form is known as a "black box model," which represents high dimensional, nonlinear data. Numerous disciplines, including medical science, environmental engineering, meteorology, and economics, have made substantial use of the ANN model. Furthermore, there are many practical uses for artificial neural network solutions in daily life. The previous few years have seen exponential growth in the field. In the actual world, it is mostly utilized for spell check, facial recognition software, machine translation, and other purposes.
Key Drivers for Artificial Neural Network Market
Increased demand for AI-based solutions - AI solutions are a vital business enabler because they offer the underlying resources and infrastructure required to deliver digitalization to end users. This is explained by the growing number of nations making commitments to use AI-based solutions. The market for artificial neural networks is expected to develop as demand for smarter corporate processes increases. It involves integrating cutting-edge technology and artificial intelligence (AI) solutions to optimize corporate operating procedures. Predictive maintenance and predictive quality may result from utilizing smart operations and automation trends in sectors like finance and banking.
Big Data Analytics Advances
Key Restraints for the Artificial Neural Network Market
Absence of Expert Workforce and Computational Resources
Tracking the Results of In-Process Stages Is Difficult
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(Source: https://www.microsoft.com/en-us/translator/blog/2018/05/07/translatorv3/)
Top Companies Market Share in Artificial Neural Networks Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 with a 30% market share. The Artificial Neural Network market is undergoing notable developments in the region. To test the market, a number of North American Artificial Neural Network solution providers are combining deep learning and artificial intelligence features with their current solutions. To solidify their positions in the industry, they are also implementing a variety of growth tactics.
Asia-Pacific stands out as the fastest-growing region in the Artificial Lift Systems market. Due to the significant investments made by both the public and private sectors to improve their business solutions, APAC has experienced the fastest growth rate. This has raised the demand for Artificial Neural Network solutions, which are utilized for training vast volumes of data sets with less oversight.
The current report Scope analyzes Artificial Neural Networks Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Artificial Neural Networks Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Artificial Neural Networks Industry growth. Artificial Neural Networks market has been segmented with the help of its Component, Application Deployment Mode, and others. Artificial Neural Networks market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the solution segment is expected to dominate the market. Based on components, the solution segment held the largest share of the global artificial neural network market in 2024 and is predicted to continue to do so in the years to come. This is because businesses are increasingly investing in the artificial neural network market due to the growing demand for a high degree of personalization. The services sector, on the other hand, is anticipated to grow at the fastest rate because it saves money and time when it comes to system optimization during the initial implementation phase.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Artificial Neural Networks from 2019 to 2031. This will also help to analyze the demand for Artificial Neural Networks across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Artificial Neural Networks are:
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Artificial Neural Networks Market is witnessing significant growth in the near future.
In 2023, the Solutions segment accounted for noticeable share of global Artificial Neural Networks Market and is projected to experience significant growth in the near future.
The Image Recognition segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Intel Corporation , Oracle Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Solutions, Platform/API, Services |
Application | Image Recognition, Signal Recognition, Data Mining, Others (Recommender System and Drug Discovery) |
Deployment Mode | On-premises, Cloud |
Industry Vertical | Banking, Financial Services, and Insurance (BFSI), Retail and eCommerce, Telecommunication and Information Technology (IT), Healthcare and Life Sciences, Manufacturing, Government and Defense, Transportation and Logistics, Others (Media and Entertainment, Travel and Hospitality, and Education) |
List of Competitors | Intel Corporation, Qualcomm Technologies Inc., Oracle Corporation, Amazon Web Services Inc., Microsoft Corporation, NVIDIA Corporation, Salesforce Inc., Google Inc., Hewlett Packard Enterprise Development LP, IBM Corporation |
This chapter will help you gain GLOBAL Market Analysis of Artificial Neural Networks. Further deep in this chapter, you will be able to review Global Artificial Neural Networks Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Deployment Mode Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Industry Vertical Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Artificial Neural Networks market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Solutions have a significant impact on Artificial Neural Networks market? |
What are the key factors affecting the Solutions and Platform/API of Artificial Neural Networks Market? |
What is the CAGR/Growth Rate of Image Recognition during the forecast period? |
By type, which segment accounted for largest share of the global Artificial Neural Networks Market? |
Which region is expected to dominate the global Artificial Neural Networks Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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