openPR Logo
Press release

Neural Network Software Market Global Outlook 2027

06-19-2017 05:56 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

In the world of information technology, a neural network is a system which is a combination of hardware and software modeled after the operation similar to neurons in the human brain.

It is a type of artificial intelligence which mimics the understanding and analyzing the process of the human brain to extract patterns and insights from historical data to gain and deduce valuable insights out of it. For the functioning of the neural network, neural network software plays the pivotal role.

It executes various computational operations and algorithmic processes as per command to streamline the data mining process by automatically cleaning and preprocessing data. Over the forecast period, it has been anticipated that market of neural network software is expected to grow over the forecast period and register a healthy CAGR over the forecast period.

Obtain Report Details:

Neural Network Software Market: Drivers and Restraints

Across the globe, the need of the moment is big data. Business houses are adopting strategies to analyze historical data and derive insights out of it to understand better business problems.

Business houses and corporates are now leveraging on data for every business strategy to be taken. The amount of data generated at every point is enormous and runs in Exabyte. Neural network software helps in analyzing the correlation among various data points.

Banking, Financial Services, and Insurance (BFSI) sector business operations have increased manifold in recent years with the rise in the number of customers across all geographical locations.

Such financial institutions recorded the largest market share regarding adoption and implementation of neural network software, the reason for former is due to a large number of application areas in the business verticals and the growing necessity to monitor and classify data.

For instance, the insights captured and delivered from neural network allows business organizations to understand their customers and empower their workforce with various strategies and knowledge to contribute towards the growth of business.

Thus, with the help of neural network software, banks, and financial institutions can track and comprehend the risk of different transactions of their customers. Medical and healthcare industry are a significant industry related to human life.

Image based medical diagnosis is one of the key service areas in this sector, where neural network and neural network software are undergoing a lot of research for diagnosing purpose.

With the rise of data and increase in the use of software in every field associated with human life has also simultaneously given rise to various malware and viruses which can malfunction the system which will result in undesired outputs.

The use of data analytics tool and complex software such as neural network software has been gaining momentum but correspondingly skilled workforce at this moment of time across the globe is limited. These two factors possibly can act as a restraint on the growth of neural network software market.

Neural Network Software Market: Segmentation

The Neural Network Software market is segmented as follows:

Neural Network Software Market, by application

Process Modelling and Control of Plants
Machine Diagnostics
Financial Forecasting
Portfolio Management
Fraud Detection
Neural Network Software Market, by end user

Medical & Healthcare Facilities
Neural Network Software Market, by services

Professional Services
Managed Services
Neural Network Software Market: Regional Outlook

Get accurate market forecast and analysis on the Neural Network Software Market. Request a sample to stay abreast on the key trends impacting this market:

Geographically, the neural network Software market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

North America is the market leader regarding value in the neural network software market management owing to a large number of establishments present there from BFSI to healthcare facilities which has successfully implemented neural network and neural network software for various purposes.

Followed by Western Europe and Eastern Europe which has similar trend similar to North America. In APEJ region countries like India, China is too not lagging in neural network software market. Initiatives and plans are being introduced to adopt such neural networks software in various business verticals.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Neural Network Software Market Global Outlook 2027 here

News-ID: 586084 • Views: 468

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases

More Releases for Software

HR Software Market by Top Manufacturers – Zenefits Software, Kronos Software, …
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over a
HR Software Market Analysis by Top Key Players – Zenefits Software, Kronos Sof …
HR software helps HR personnel automate many necessary tasks, such as maintaining employee records, time tracking, and benefits, which allows HR professionals to focus on recruiting efforts, employee performance and engagement, corporate wellness, company culture, and so on. These human management tools can be purchased and implemented as on premise or cloud-based software. This market studies report on the Global HR Software Market is an all-inclusive study of the enterprise sectors
World HR Software Market Top Key Players 2022 - Zenefits Software, Kronos Softwa …
HR Software market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading
Global HR Software Market 2017 - Vibe HCM Software, Kronos Software, Zenefits So …
The report studies HR Software in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The HR Software market research report distils the most essential aspects of the market and presents them in the form of a comprehensive and cohesive document. The findings of this report have been obtained via a
Global Medical Software Market: by Types - Orthopedic Software, Dental Software, …
Latest industry research report on: Global Medical Software Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Request For Sample Report @ This report studies the global Medical Software market, analyzes and researches the Medical Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Philips Healthcare Varian Ge Healthcare Toshiba Medical Systems Agfa healthcare Siemens
Software Development
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients