Global Neural Network Software
Market Report
2024
The global Neural Network Software market size is USD 23.7 billion in 2024. The Neural Network Software market will show the strongest growth with the compound annual growth rate (CAGR) of 32.3% from 2024 to 2031. This growth can be attributed to increasing dependence on automated technology.
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 Neural Network Software market size will be USD 23.7 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 32.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Neural Network Software Market Sales Revenue 2024 | $ 23.7 Billion |
Global Neural Network Software Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 32.3% |
Market Split by Component |
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Market Split by Type |
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Market Split by Industry |
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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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Report scope is customizable as we have a huge database of Neural Network Software industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Neural Network Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Neural Network Software Market encompasses the tools and platforms used to design, train, and deploy artificial neural networks, which are essential for various applications in artificial intelligence and machine learning. These software solutions enable organizations to process and analyze large volumes of data, facilitating tasks like image and speech recognition, predictive analytics, and the natural language processing. The market is driven by the surging adoption of AI across industries like healthcare, finance, automotive, and retail, where the ability to derive actionable insights from data is crucial for innovation and competitive advantage. Despite its rapid growth, the market faces challenges such as the need for the significant computational resources and concerns over data privacy and security. Nonetheless, continuous advancements in algorithms, improved hardware capabilities, and growing investments in AI research are expected to fuel further expansion of the neural network software market, fostering new possibilities in automation and intelligent decision-making.
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In March 2024, Broadcom Inc. announced a new on-chip neural-network inference engine dubbed NetGNT (Networking General-purpose Neural-network Traffic-analyzer) in their latest Trident 5-X12 processor that can be customized using the software. (Source:https://investors.broadcom.com/news-releases/news-release-details/broadcom-introduces-industrys-first-switch-chip-neural-network#:~:text=SAN%20JOSE%2C%20Calif.%2C%20Nov,programmable%20Trident%205%2DX12%20chip.)
Top Companies Market Share in Neural Network Software Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of global revenue due to its robust technological infrastructure, high investment in AI research and development, and the presence of major tech companies and research institutions. The region's strong emphasis on innovation and early adoption of advanced technologies further solidifies its leading position in the market.
Asia-Pacific stands out as the fastest-growing region in the Neural Network Software market due to rapid technological advancements, increased investments in AI research, and a surge in demand across industries like finance, healthcare, and automotive. Government initiatives supporting digital transformation further drive the adoption and development of AI technologies in the region.
The current report Scope analyzes Neural Network Software 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
The above graph is for illustrative purposes only.
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Global Neural Network Software 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 Neural Network Software Industry growth. Neural Network Software market has been segmented with the help of its Component, Type Industry, and others. Neural Network Software 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, neural network software is the dominant category by offering powerful tools for designing, training, and deploying complex AI models essential for various industries. Its ability to process huge amount of data and learn from it enables advanced applications in image and speech recognition, natural language processing, and predictive analytics. By enhancing accuracy and efficiency in decision-making processes, neural network software becomes indispensable for businesses seeking innovation and competitive advantage. Continuous advancements in algorithms and hardware further strengthen its dominance, driving widespread adoption across diverse sectors. .
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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 Neural Network Software from 2019 to 2031. This will also help to analyze the demand for Neural Network Software 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 Type of Neural Network Software are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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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 Neural Network Software Market is witnessing significant growth in the near future.
In 2023, the Neural Network Software segment accounted for noticeable share of global Neural Network Software Market and is projected to experience significant growth in the near future.
The Data Mining and Archiving segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Oracle Corporation , Inc. 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.
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Component | Neural Network Software, Services, Platform, Others |
Type | Data Mining and Archiving, Optimization Software, Analytical Software, Visualization Software |
Industry | BFSI, Government and Defense, Energy and Utilities, Healthcare, Industrial Manufacturing, Media, Telecom and IT, Transportation and Logistics, Retail and E-Commerce, Others |
List of Competitors | Oracle Corporation, Qualcomm Technologies, Inc., SAP SE, IBM Corporation, Microsoft Corporation, Intel Corporation, Google, Inc., Alyuda Research LLC, Neural Technologies Ltd., NVIDIA Corporation, Starmind International AG, Neuralware, Ward Systems Group, Inc |
This chapter will help you gain GLOBAL Market Analysis of Neural Network Software. Further deep in this chapter, you will be able to review Global Neural Network Software 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.
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 Type 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 Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Neural Network Software market
Chapter 13 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 Neural Network Software have a significant impact on Neural Network Software market? |
What are the key factors affecting the Neural Network Software and Services of Neural Network Software Market? |
What is the CAGR/Growth Rate of Data Mining and Archiving during the forecast period? |
By type, which segment accounted for largest share of the global Neural Network Software Market? |
Which region is expected to dominate the global Neural Network Software Market within the forecast period? |
Segmentation Level 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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