Global Artificial Neural Network Market Projected to Reach US$ 763.17 Million by 2029 with a CAGR of 20%

21.08.2023 : Artificial Neural Network Market Report Scope and Research Methodology

This in-depth report provides detailed insights into the Global Artificial Neural Network Market, covering past and current industry status, forecasted market size, and emerging trends. The report employs accessible language to unravel complex data. Key players in the market, including market leaders, followers, and newcomers, are extensively studied.

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What are Artificial Neural Network Market Dynamics?

Rapid Digitalization & Emergence of Big Data Analysis: The exponential growth of Big Data, whether structured or unstructured, presents a challenge in terms of analysis. Artificial Neural Networks, modeled after the human brain, are the solution to deciphering this massive data. These networks have the capacity to learn and generate desired outputs, performing complex tasks with minimal impact on system performance. This efficiency in solving data analysis challenges fuels the demand for such networks, driving their growth in the technology landscape.

Lack of Trained Workforce and System Incompatibilities: While Artificial Neural Networks promise groundbreaking applications in combination with AI and deep learning, their progress hinges on adequately trained personnel. Moreover, existing system infrastructures are often incompatible with the advanced technologies required for optimal performance. This hurdle poses a restraint on the growth of the Artificial Neural Network market during the forecast period.

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What is Artificial Neural Network Market Segmentation?

Cloud Deployment Segment: The utilization of cloud-based services is prevalent among Artificial Neural Network systems, resulting in cost reduction, increased data storage capabilities, and flexible usage-based service models.

Data Mining Application Segment: Data mining, a primary purpose of Artificial Neural Networks, benefits from advancements in statistics, machine learning, artificial intelligence, and pattern recognition. This segment experiences rapid growth due to its capability in knowledge discovery from large data repositories.

by Component

Solutions
Services

by Deployment Model

On-Premises
Cloud-Based
by Applications Image Recognition
Signal Recognition
Data Mining
Others

by Industry Vertical

IT & Telecom
Energy & Utilities
BFSI
Education
Healthcare
Retail
Others

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Who are Artificial Neural Network Market Key Players?

1. Google LLC
2. Microsoft Corporation
3. IBM Corporation
4. Intel
5. Qualcomm
6. Ward Systems
7. GMDH LLC
8. Starmind
9. NeuralWare
10. Neurala
11. Clarifai
12. Afiniti
13. Alyuda Research LLC
14. SwiftKey
15. SAP SE
16. Oracle Corporation
17. OLSOFT LLC
18. NeuroDimension, Inc.
19. Others

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Table of content for the Artificial Neural Network Market includes:

1. Global Artificial Neural Network Market: Research Methodology

2. Global Artificial Neural Network Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

3. Global Artificial Neural Network Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America

COVID-19 Impact

4. Global Artificial Neural Network Market Segmentation

Global Market, by Component(2022-2029)
Global Market, by Deployment Model (2022-2029)
Global Market, by Industry Vertical (2022-2029)

5. Regional Artificial Neural Network Market (2022-2029)

Regional Market, by Component(2022-2029)
Regional Market, by Deployment Model (2022-2029)
Regional Market, by Industry Vertical (2022-2029)
Regional Market, by Country (2022-2029))

6. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

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Regional Insights:
North America is expected to lead the market, driven by the swift adoption of Artificial Intelligence technologies by various organizations in the region. Technological advancements and a growing demand for intelligent business processes contribute to the market's expansion in North America.

Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2022)
Past Pricing and price curve by region (2017 to 2022)
Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023-2029
Industrial Manipulator Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation - A detailed analysis by Type, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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