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 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 key factors driving revenue growth of the global Artificial Neural Network market.
The Artificial Neural Network Market report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Artificial Neural Network market and pinpoint the fundamental growth trends.
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Competitive Terrain:
The global Artificial Neural Network industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed 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
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Additional information offered by the report:
- Along with a complete overview of the global Artificial Neural Network market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Artificial Neural Network market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
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
Radical Highlights of the Artificial Neural Network Market Report:
- Comprehensive overview of the Artificial Neural Network market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Artificial Neural Network market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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