Artificial Neural Network Market Size, Business Opportunities By Leading Players, Share, Development, Expansion, Merger


The growing popularity of image processing and character recognition and increasing demand for ANN in various end-use industries such as BFSI, medical, and others are driving the global Artificial Neural Network Market revenue growth

The global Artificial Neural Network (ANN) market size was USD 160.8 Million in 2021 and register a revenue CAGR of 18.7% over the forecast period, according to a latest analysis by Emergen Research. The networks are made up of numerous linked neurons that cooperate to accomplish certain objectives. ANNs learn from examples in a manner similar to how humans do. As a result, an ANN can be trained to perform a specific task, such as character recognition or data classification. As a part of the learning process, the system must be adjusted to a connection. ANNs are extensively employed in a variety of medical disciplines, especially in cardiology. ANNs have been widely used in radiology, radiological image analysis, electronic signal analysis, and diagnostics. 

The all-encompassing report on the Artificial Neural Network market projects the prospective growth of the industry. It gives and extensive analysis of the market size, share, demand, trends, gross revenue, total earnings to draw a forecast of the growth in the years 2022 to 2030. The study estimates the potential growth of the industry and the factors responsible for the expansion of the business. The study highlights the driving forces, restrains and hurdles for the growth of the market.

To know more about the report, visit @https://www.emergenresearch.com/industry-report/artificial-neural-network-market

The study on the Global Artificial Neural Network Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Artificial Neural Network market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Artificial Neural Network industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Artificial Neural Network industry.

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Top Companies Operating in the Artificial Neural Network Market and Profiled in the Report are:

Google LLC, International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Intel Corporation, Qualcomm Technologies, Inc., Alyuda Research, LLC., Ward Systems Group, Inc., Starmind, and Clarifai Inc.

Emergen Research has segmented the global Artificial Neural Network market based on offering, deployment, application, industry vertical, and region:

  • Offering Outlook (Revenue, USD Million, 2019-2030)

    • Software
    • Services
  • Deployment Outlook (Revenue, USD Million, 2019-2030)

    • On-Premise
    • On-Cloud
  • Application Outlook (Revenue, USD Million, 2019-2030)

    • Image Processing
    • Fraud Detection
    • Data Mining
    • Others
  • Industry Vertical Outlook (Revenue, USD Million, 2019-2030)

    • BFSI
    • Medical
    • Retail and Sales
    • Others

Artificial Neural Network Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Report:

  • Study of the global Artificial Neural Network market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Artificial Neural Network market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Artificial Neural Network market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Artificial Neural Network market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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