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Neuromarketing Market Valued US$ 2.99 Billion and Projected Grow at 8.5% CAGR by 2032

Neuromarketing Market

Neuromarketing Market

New York, April 02, 2024 (Polaris Market Research) The demand for Neuromarketing is projected to rise as more and more organizations prioritize innovative and customer-centric marketing strategies that improve customer loyalty, retention, and satisfaction. The global Neuromarketing Market was valued at USD 1.44 Billion in 2023 and is expected to grow to USD 2.99 Billion by 2032, exhibiting a CAGR of 8.5% during the forecast period of 2024 to 2032.

Neuromarketing is any marketing or market research activity that uses neuroscience methods and techniques to study and analyze how people's brains respond to advertising and other brand-related messages. It aims at discovering customer needs, motivations and preferences that traditional techniques such as focus groups and surveys can't reveal.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/neuromarketing-market/request-for-sample

The technology for neuromarketing is primarily divided into two groups: those that measure the brain's neurological activity and the ones that infer neurological responses by proxy. The former includes SST, fMRI, and EEG, whereas the latter takes the form of facial coding, eye tracking, and biometric data such as heart rate monitoring.

Neuromarketing assists marketers with identifying customer responses to different marketing materials, developing new strategies, enhancing customer experience, and increasing sales. Also, it can be used to gain a competitive advantage in the specific sector. Neuromarketing finds end uses in BFSI, retail brands, market research, and scientific institutions. It's typically used for product design testing, UX testing, cross-platform testing, audio brand testing, and rebranding.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The neuromarketing market is characterized by a diverse landscape of industry participants providing a wide range of services and solutions. Key players are continuously investing in advanced technology to improve the accuracy and efficiency of neuromarketing research. Some of the
major players operating in the industry are:

โ€ข Nielsen Consumer Neuroscience
โ€ข Emotion Research LAB
โ€ข iMotions
โ€ข Neuro-Insight
โ€ข Noldus Information Technology
โ€ข Neural Sense (Pty) Ltd
โ€ข NVISO SA
โ€ข Cadwell Industries Inc.
โ€ข Neurons Inc India
โ€ข OptimalHRGroup Neuromarketing

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3714/2

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐“๐ž๐ฌ๐ญ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž ๐“๐ฒ๐ฉ๐ž

โ€ข Semantic Priming
โ€ข Affective Priming
โ€ข Implicit Association Test (IAT)

๐๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

โ€ข Functional Magnetic Resonance Imaging (FMRI)
โ€ข Electroencephalography (EEG)
โ€ข Eye Tracking
โ€ข Positron Emission Tomography (PET)
โ€ข Magneto Encephalography (MEG)
โ€ข Others

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/neuromarketing-market

๐๐ž๐ฎ๐ซ๐จ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Implicit Association Test (IAT) segment dominated the market with largest market share due to its widespread adoption across various industries.

โ€ข Functional Magnetic Resonance Imaging (FMRI) segment accounted for largest market share due to its ability to provide detailed insights of brains.

โ€ข Retail/consumer brand segment held the maximum market share due to increasing focus on understanding consumer behavior.

โ€ข North America region dominated the market due to its significant investment in market research and advertising.

โ€ข The global players include Nielsen Consumer Neuroscience, Emotion Research LAB, iMotions, Neuro-Insight, NVISO SA, Cadwell Industries Inc., Neurons Inc India, and OptimalHRGroup Neuromarketing.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐€๐Ÿ ๐Œ๐ข๐ฅ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3418711/a2-milk-market-share-to-rise-at-11-6-cagr-to-reach-usd-5-79

๐Ž๐ฅ๐ข๐ฏ๐ž ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3418725/olive-oil-market-anticipates-a-valuation-of-usd-20-03-billion

๐Š๐ข๐ฆ๐œ๐ก๐ข ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3418751/kimchi-market-projection-usd-6408-65-million-valuation

๐ƒ๐ž๐ฐ๐š๐ญ๐ž๐ซ๐ข๐ง๐  ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3418763/dewatering-pumps-market-envisioned-at-usd-11-626-93-million

๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐’๐ข๐ฆ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.openpr.com/news/3418763/dewatering-pumps-market-envisioned-at-usd-11-626-93-million

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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