Global Neural Network Market Report By Component (Software, Services), By Industry Vertical (BFSI, IT & Telecom, Aerospace & Defense, Public Sector, Retail, Healthcare, Manufacturing, Energy & Utilities, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030
The global demand for Neural Network Market is presumed to reach the market size of nearly USD 153.23 BN by 2030 from USD 21.8 BN in 2022 with a CAGR of 27.6% under the study period 2023 - 2030.
A neural network represents a computational framework inspired by the human brain structure and its operation. It falls within the realm of artificial intelligence (AI) and machine learning and comprises interconnected nodes, often referred to as artificial neurons, systematically arranged into layers. These artificial neurons work together to process and analyze complex data, recognize patterns, and make predictions or decisions based on that data.
First and foremost, the rapid advancement of Artificial Intelligence (AI) technologies is propelling the market forward. Neural networks, a fundamental component of AI, are being integrated into various industries to automate tasks, improve decision-making, and enhance overall efficiency. The explosion of big data, coupled with the need to extract valuable insights from massive datasets, has further accelerated the adoption of neural networks. Their ability to process and analyze complex data is crucial for data analytics and predictive modeling. Deep learning, a subset of neural networks, is gaining prominence, particularly in applications such as image and speech recognition, NLP, and autonomous vehicles, driving the demand for these sophisticated models. These networks are also making significant contributions to sectors like healthcare, finance, robotics, and cybersecurity. Their applications range from medical image analysis and disease diagnosis to fraud detection and autonomous vehicle development. Government initiatives, along with regulatory support for AI adoption, are further fostering market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of neural network. The growth and trends of neural network industry provide a holistic approach to this study.
This section of the neural network market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Industry Vertical
IT & Telecom
Aerospace & Defense
Energy & Utilities
This section covers the regional outlook, which accentuates current and future demand for the Neural Network market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Neural Network Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Neural Network market include Afiniti, Alyuda Research, LLC, GMDH Inc., Neural Technologies Limited, NeuralWare, nDimensional, OLSOFT LLC, Starmind, SWIFTKEY (Microsoft Corporation), Ward Systems Group, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . NEURAL NETWORK – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Component
3.7.2 Market Attractiveness Analysis By Industry Vertical
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL NEURAL NETWORK MARKET ANALYSIS BY COMPONENT
5.1 Overview by Component
5.2 Historical and Forecast Data
5.3 Analysis by Component
5.4 Software Historic and Forecast Sales by Regions
5.5 Services Historic and Forecast Sales by Regions
6 . GLOBAL NEURAL NETWORK MARKET ANALYSIS BY INDUSTRY VERTICAL
6.1 Overview by Industry Vertical
6.2 Historical and Forecast Data
6.3 Analysis by Industry Vertical
6.4 BFSI Historic and Forecast Sales by Regions
6.5 IT & Telecom Historic and Forecast Sales by Regions
6.6 Aerospace & Defense Historic and Forecast Sales by Regions
6.7 Public Sector Historic and Forecast Sales by Regions
Frequently Asked Questions (FAQs) about this Report
The Global Neural Network Market size was valued at USD 21.8 BN in 2022.
The Worldwide Neural Network Market growth is estimated to grow by around 27.6% from 2023 to 2030.
Asia Pacific occupies the highest market share in the Global Neural Network Market.
The Global Neural Network Market is segmented by Component (Software, Services), by Industry Vertical (BFSI, IT & Telecom, Aerospace & Defense, Public Sector, Retail, Healthcare, Manufacturing, Energy & Utilities, Others).
The leading players in the Global Neural Network Market are Afiniti, Alyuda Research, LLC, GMDH Inc., Neural Technologies Limited, NeuralWare, nDimensional, OLSOFT LLC, Starmind, SWIFTKEY (Microsoft Corporation), Ward Systems Group Inc.