Artificial Neural Network (ANN) market report consists of the systematic and comprehensive market research study that provides the facts and figures in the field of marketing. The report provides market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. For sound decision making and superior management of goods and services, these days businesses are adopting a market research report solution. An excellent Artificial Neural Network (ANN) report has well interpreted and well categorized market research data that brings marketplace clearly into the focus.
An artificial neural network (ANN) is a computational model that mimics the capacity and construction of the neuron framework in the human cerebrum. The advancement of artificial brainpower and the growing acceptance of the artificial neural network organization in the medical services sector are major drivers for the artificial neural network market. Factors such as rising medical care use, an increase in hospitalizations, and an increase in the prevalence of chronic illnesses all contribute to the growth of the artificial neural network industry outlook.
Data Bridge Market Research analyses that the artificial neural network (ANN) market was valued at USD 171.58 million in 2021 and is expected to reach the value of USD 793.63 million by 2029, at a CAGR of 21.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Artificial Neural Network (ANN) market research report is mainly delivered to the users in the form of PDF or spreadsheet. However, PPT format can also be offered if the client has specified such requirement. The competitive landscape part of the report provides a clear insight into the market share analysis of key industry players. CAGR values for the market for an estimated forecast period of 2023 to 2029 are mentioned in the report which helps determine costing and investment values or strategies. By combining lot of efforts and leaving no stone unturned, this market report has been prepared. In addition, Artificial Neural Network (ANN) document also offers top to bottom assessment of the market as far as income and developing business sector is concerned.
Product definition
Artificial neural network (ANN) is a critical subset of machine learning that assists computer scientists with complex tasks such as strategizing, forecasting, and recognizing trends. Artificial neural networks are not like other machine learning algorithms that crunch numbers or organize data; instead, they learn from experience and repeated tasks performed by their users. A neural network is another name for an artificial neural network.
Some of the major players operating global Artificial Neural Network (ANN) market are
Neural Technologies Limited
- IBM Corporation (U.S.)
- nDimensional (U.S.)
- Alyuda Research, LLC. (U.S.)
- Microsoft (U.S.)
- SAP SE (Germany)
- Starmind (Switzerland)
- Afiniti (Bermuda)
- Ward Systems Group, Inc. (U.S.)
- Google LLC (U.S.)
- NeuralWare (U.S.)
- Qualcomm Technologies, Inc. (U.S.)
- Intel Corporation (U.S.)
- Oracle (U.S.)
- Microsoft (U.S.)
Key Market Segments Covered in Artificial Neural Network (ANN) Market Industry Research
Type
- Feedback Artificial Neural Network
- Feedforward Artificial Neural Network
- Other
Component
- Solutions
- Platform/API
- Services
Application
- Image Recognition
- Signal Recognition
- Data Mining
Deployment type
- Cloud
- On-premise
Organization size
- Small and Medium-Sized Enterprises
- Large Enterprises
Industry
- Banking
- Financial Services
- Insurance
- Retail and Ecommerce
- Healthcare and Life Sciences
- Others
Artificial Neural Network (ANN) Market Regional Analysis/Insights
The artificial neural network (ANN) market is analysed and market size insights and trends are provided by country, type, component, application, deployment type, organization site and industry as referenced above.
The countries covered in the artificial neural network (ANN) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The North American market is expected to have the highest demand for artificial neural networks. The United States is expected to invest significantly in the synthetic intelligence sector. Rapid technological adoption in the aerospace and defence sectors is also expected to boost market demand in the coming years.
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Drivers
- High penetration of predictive analysis
Key ANN features such as predicting consumer behavior and sales forecasting are expected to drive the artificial neural network market during the forecast period. Rapid digitization is expected to accelerate the adoption of artificial neural network platforms. Furthermore, artificial neural networks are widely used in the field of predictive analytics. By recognizing trends from previous marketing campaigns, artificial neural networks assist marketers in predicting the outcome of a campaign. While neural networks have been around for a while, the recent rise of Big Data has made this technology extremely useful in the field of marketing.
- High utilization from emerging and advanced economies
Artificial neural networks in natural language processing, chatbots, drug discovery, and stock market prediction have made the technology more popular in both emerging and advanced economies. Deep learning and AI integration with the existing ANN solution will encourage leading companies to prioritize investments in neural network software and services. The IT telecom sector will have a high demand for neural network software and services, owing to the increasing penetration of cloud computing solutions.
Furthermore, the growing popularity of PaaS, Security as a Service (SECaaS), and Function as a Service (FaaS) in the IT sector bodes well for leading companies seeking to accelerate neural network market growth. Furthermore, Convolutional Neural Network (CNN) has gained popularity in artificial intelligence (AI) applications such as natural language processing, text digitization, facial recognition, signal processing, and paranoia detection.
Opportunity
- Aggressive strategies from market players
Industry participants anticipate investing in organic and inorganic strategies to expand their market penetration into previously untapped areas. Leading companies could invest in mergers and acquisitions, research and development, product launches, and product rollouts as a result.
Restraints
- Tracking difficulties
However, the increasing difficulty in tracking the outcomes of in-process stages is a critical factor among others that will limit market growth, while extrapolation issues in ANN will be a drawback to the market during the forecast period mentioned above.
This artificial neural network (ANN) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the artificial neural network (ANN) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
How does this Artificial Neural Network (ANN) Market Insights Help?
- Global Artificial Neural Network (ANN) Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- The Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- To learn about the market strategies that are being adopted by your competitors and leading organizations
- To Increase insightful analyses of the market and have a comprehensive understanding of the “Artificial Neural Network (ANN) Market” and its commercial landscape
TABLE OF CONTENTS
- Part 01: Executive Summary
- Part 02: Scope of The Report
- Part 03: Research Methodology
- Part 04: Market Landscape
- Part 05: Pipeline Analysis
- Part 06: Market Sizing
- Part 07: Five Forces Analysis
- Part 08: Market Segmentation
- Part 09: Customer Landscape
- Part 10: Regional Landscape
- Part 11: Decision Framework
- Part 12: Drivers and Challenges
- Part 13: Market Trends
- Part 14: Vendor Landscape
- Part 15: Vendor Analysis
- Part 16: Appendix
For Detailed TOC | Follow @ https://www.databridgemarketresearch.com/toc/?dbmr=global-artificial-neural-network-ann-market
Queries Resolved In This Report:
- Which will be the specialties at which Artificial Neural Network (ANN) Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Artificial Neural Network (ANN) economy out and out and furthermore for each portion inside?
- Which will be the Artificial Neural Network (ANN) application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global Artificial Neural Network (ANN) market opportunity?
- How Artificial Neural Network (ANN) Market share advance vacillations their value from various assembling brands?
WHO SHOULD BUY THE GLOBAL ARTIFICIAL NEURAL NETWORK (ANN) REPORT?
People looking to enrich the decision-making capability by following points must buy the report:
- Breakdown of market share of the top Artificial Neural Network (ANN) industry players
- Evaluations of market share for the regional and country level sectors
- Estimation of Artificial Neural Network (ANN) market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
- Tactical recommendation for the newbies
- Tactical recommendation in primary business industries based on the Artificial Neural Network (ANN) market forecast
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