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Artificial Neural Network Market Research By Global Size, Share, Growth, Technological Innovation, Current Trends, Opportunities And Challenges

September 11th, 2019 Market Research Future Releases

Artificial Neural Network Market Overview

An artificial neural network resembles the function and structure of the human’s brain neuron system which facilitates improved analytical output. Artificial neural network finds application in medical research, drug development, clinical diagnosis of various diseases and interpretation of clinical imaging techniques.

As per the analysis of Market Research Future (MRFR), the global artificial neural network market is poised to exhibit moderate growth and reach a significant valuation by the end of the forecast period of 2018-2023.

Free Sample PDF Available Here!! https://www.marketresearchfuture.com/sample_request/6287

The emergence of Big Data is a crucial factor in boosting the growth of the artificial neural network market. Artificial neural networks are capable of beating state-of-the-art algorithms and can extract abstract features from raw data.

The advent of artificial intelligence and the growing adoption of artificial neural network in the healthcare sector is one of the prime factors stimulating the growth of the market. Artificial neural networks find application within the medical domain for clinical diagnosis since they can solve complex problems which do not have an algorithmic solution and hence well suited in the healthcare sector.

Growing adoption of the artificial network for marketing purposes adds fuel to the growth of the global artificial neural networks market. Artificial neural networks are transforming the available set of marketing technologies by presenting better and novel tools for content creation, marketing automation, prediction of consumer behavior, and sales forecasting.

On the downside, slow digitization across developing economies and reluctance on the part of healthcare professionals towards the adoption of artificial neural network technology is likely to restrict the growth of the market over the forecast period.

Artificial Neural Network Market Segmentation

The global artificial neural network market has been segmented based on type, component, and application.

By type, the global artificial neural network market has been segmented into feedback artificial neural network, feedforward artificial neural network, and others.

By component, the global artificial neural network market has been segmented into software, services, and platform.

By application, the global artificial neural network market has been segmented into clinical diagnosis and prognostics, image analysis and interpretation, bioelectric signal analysis and interpretation, drug development, and others.

Regional Analysis

The artificial neural network market is spanned across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas is the largest market for artificial neural network and is expected to dominate the global market over the forecast period. The presence of a large number of technology giants such as Microsoft Corporation, Intel Corporation, and Google Inc. in the region who are actively engaged in the development of artificial neural network technology can be accredited for the growth of the Americas market. Also, the region tends to quickly adopt advanced technologies which further supports the growth of the artificial neural network market.

Europe is the second largest market for artificial neural network owing to the rapid adoption of the technology in the healthcare sector.

APAC is slated to be the fastest growing market for artificial neural network due to technological development in the region.

The MEA market is expected to account for the least share of the market but is expected to exhibit moderate growth which can be attributed to growing technological implementations and expanding healthcare expenditure. 

Artificial Neural Network Market Competitive Landscape

Alyuda Research, LLC., Neuralware, Ward Systems Group, Inc., Oracle Corporation, Starmind International AG, SwiftKey, Afiniti, Microsoft Corporation, Qualcomm Technologies, Inc., NeuroDimension, Inc., Neural Technologies Limited, Google Inc., Intel Corporation, SAP SE, and

IBM Corporation are some of the key players operating in the global artificial neural network market. 

Artificial Neural Network Industry Updates

  • November 2018- a fully automated crypto trading platform was launched by Napston. The groundbreaking platform is based on a distributed artificial neural network and can accurately predict the market. 
  • November 2018- the first functioning quantum neural network was developed by a group of researchers in Italy. The single-layer artificial neural network is a breakthrough technology which paves the way for quantum AI.

 OBTAIN RESEARCH REPORT DETAILS WITH TOC @  https://www.marketresearchfuture.com/reports/artificial-neural-network-market-6287

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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