The Global Artificial Neural Network Market size to grow from USD 117 million in 2019 to USD 296 million by 2027, at a Compound Annual Growth Rate (CAGR) of 20% during the forecast period 2021-2027.
An artificial neuron network is a computational model that resembles the function and structure of the neuronal system of the human brain. The advent of artificial intelligence and the growing adoption of artificial neural networks in the medical field are major drivers for the global artificial neural market. Factors such as rising health care spending, an increasing number of hospitalizations, and the increasing prevalence of chronic diseases are contributing to the growth of the market. Additionally, artificial neural networks offer significant advantages in medical research which is expected to propel the market growth during the forecast period. Additionally, with the growing adoption of artificial neuron networks, many companies are developing software based on artificial neuron networks. For example, Microsoft’s MAQ software implements artificial neural networks (ANNs) to learn from historical data and predict future values.
(Get 15% Discount on Buying this Report)
A full report of Global Artificial Neural Network Market is available at: https://www.orionmarketreports.com/artificial-neural-network-market/58697/
Market Segments
By Application
- Image Recognition
- Signal Recognition
- Data Mining
- Others ( Recommender System and Drug Discovery)
By Deployment Mode
- On-premises
- Cloud
By 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
Key Players
Neural Technologies Limited, SwiftKey, Starmind International AG, Afiniti, Ward Systems Group, Inc., SAP SE, NeuroDimension, Inc., Alyuda Research, LLC, Google Inc., Neuralware, Qualcomm Technologies, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, and Oracle Corporation are some of the key players in the global artificial neural network market.
Scope of the Report
The research study analyzes the global Artificial Neural Network industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Artificial Neural Network Market Report
1. What was the Artificial Neural Network Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Artificial Neural Network Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Artificial Neural Network Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Artificial Neural Network market.
- The market share of the global Artificial Neural Network market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Artificial Neural Network market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Artificial Neural Network market.
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
