Artificial Neural Network Market Research Report – Forecast to 2023

Global Artificial Neural Network Market Research Report: By Type (Feedback Artificial Neural Network, Feedforward Artificial Neural Network, Other), by Component (Software, Services, Other), by Application (Drug Development, Others) – Forecast Till 2023

ID: MRFR/MED/4826-HCR | | Region: Bric | 100 pages

Market Scenario


The global artificial neural network market is expected to grow significantly over the forecast period. It is estimated that the global artificial neural network market is expected to grow significantly during the forecast period from 2018 to 2023.


An artificial neuron network is a computational model which resembles the function and structure of the human brain’s neuron system. The emergence of artificial intelligence and increasing adoption of the artificial neural network in the healthcare sector are the major drivers for the global artificial neural market. Factors such as the increasing healthcare expenditure, growing number of hospitalizations, and increasing prevalence of chronic diseases contribute to the growth of the market. Moreover, artificial neural networks provide significant benefits in medical research which is expected to fuel the market growth during the forecast period. Furthermore, owing to the growing adoption of artificial neuron network, many companies are engaged in developing artificial neuron network-based software. For instance, MAQ software by Microsoft implements an Artificial Neural Network (ANN) to learn from the historical data and predict the future values.


Despite the drivers, slow digitization across emerging economies and reluctance among healthcare professionals to adopt artificial intelligence-based technologies are likely to hamper the growth of the market during the assessment period.


Segmentation


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


The market, on the basis of type, has been segmented into feedback artificial neural network, feedforward artificial neural network, and others.


The market, by component, has been segmented into software, services, and platform.


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


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The artificial neural network market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European artificial neural network market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The artificial neural network market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The artificial neural network market in the Middle East & Africa has been segmented into the Middle East and Africa.


Key players


Neural Technologies Limited, SwiftKey, Starmind International AG, Afiniti, Ward Systems Group, Inc., SAP SE, NeuroDimension, Inc., Alyuda Research, LLC, Google Inc., Neuralware, Qualcomm Technologies, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, and Oracle Corporation are some of the key players in the global artificial neural network market.


Regional Market Summary


Global Artificial Neural Network Market Share (%), by Region, 2017


Artificial Neural Network Market Share.png


Source: Centers for Disease Control and Prevention (CDC), Annual Reports, Company Presentation


Geographically, the Americas is anticipated to dominate the global artificial neural network market owing to a well-developed healthcare sector, due to the presence of a large number of enterprises in the development of neural network technologies, and high adoption advanced technology in the healthcare sector. According to the Centers for Disease Control and Prevention, in 2015, the total national health expenditure was USD 3.2 trillion.


Europe is expected to hold the second largest position in the global artificial neural network market. The market growth in this region is attributed to the growing adoption of artificial intelligence among healthcare providers and increasing healthcare expenditure coupled with the rising prevalence of chronic diseases.


 The Asia-Pacific region is expected to exhibit the fastest growth throughout the forecast period owing to the accelerated economic growth of countries in the region and the growing need to control the increasing healthcare costs. These factors are also responsible for the emerging trend towards the digitization of patient records among healthcare organizations in this region.


The Middle East & Africa has the least share of the global artificial neural network market. However, this region is expected to have a potential growth opportunity for the artificial neural network market during the forecast period. The key factors driving the growth rate in this region include increasing technological implementations and rising healthcare investments.


Global Artificial Neural Network Market, by Type



  • Feedback Artificial Neural Network

  • Feedforward Artificial Neural Network

  • Others


Global Artificial Neural Network Market, by Component



  • Software

  • Services

  • Platform


Global Artificial Neural Network Market, by Application



  • Clinical diagnosis and prognostics

  • Image analysis and interpretation

  • Bioelectric signal analysis and interpretation

  • Drug development

  • Others


Global Artificial Neural Network Market, by Region



  • Americas

  • North America

  • US

  • Canada

  • South America

  • Europe

  • Western Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Western Europe

  • Eastern Europe

  • Asia-Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Middle East

  • Africa


Intended Audience



  • Artificial Neural Network Software Companies

  • Artificial Neural Network Software Providers

  • Research and Development Companies

  • Government Research Institutes

  • Academic Institutes and Universities



Frequently Asked Questions (FAQ) :


The Americas is expected to lead the Artificial Neural Network Market.

Increasing healthcare expenditure and rising prevalence of chronic disease is boosting market growth.

It is widely used in drug development, bioelectric signal analysis & interpretation, and others.

Different strategies used by market players to create a dominance in the Artificial Neural Network Market include partnerships, collaborations, mergers, and product launches.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Artificial Neural Network Market, by Type

6.1 Introduction

6.2 Feedback Artificial Neural Network

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3 Feedforward Artificial Neural Network

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.4 Others

Chapter 7. Global Artificial Neural Network Market, by Component

7.1 Introduction

7.2 Software

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3 Services

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.4 Platform

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 8. Global Artificial Neural Network Market, by Application

8.1 Introduction

8.2 Clinical Diagnosis and Prognostics

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.3 Image Analysis and Interpretation

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.4 Bioelectric Signal Analysis and Interpretation

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.5 Drug Development

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.6 Others

Chapter 9. Global Artificial Neural Network Market, by Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 Neural Technologies Limited

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 SwiftKey

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Starmind International AG

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Afiniti

11.4.1 Company Overview

11.4.2 Product Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Ward Systems Group, Inc.

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 SAP SE

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 NeuroDimension, Inc.

11.7.1 Overview

11.7.2 Product Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Alyuda Research, LLC.

11.8.1 Overview

11.8.2 Product Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.9 Google Inc.

11.9.1 Overview

11.9.2 Product Overview

11.9.3 Financials

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.10 Qualcomm Technologies, Inc.

11.10.1 Overview

11.10.2 Product Overview

11.10.3 Financials

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.11 Neuralware

11.11.1 Overview

11.11.2 Product Overview

11.11.3 Financials

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.12 Intel Corporation

11.12.1 Overview

11.12.2 Product Overview

11.12.3 Financials

11.12.4 Key Developments

11.12.5 SWOT Analysis

11.13 Microsoft Corporation

11.13.1 Overview

11.13.2 Product Overview

11.13.3 Financials

11.13.4 Key Developments

11.13.5 SWOT Analysis

11.14 IBM Corporation

11.14.1 Overview

11.14.2 Product Overview

11.14.3 Financials

11.14.4 Key Developments

11.14.5 SWOT Analysis

11.15 Oracle Corporation

11.15.1 Overview

11.15.2 Product Overview

11.15.3 Financials

11.15.4 Key Developments

11.15.5 SWOT Analysis

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Predictions for the Artificial Neural Network Industry

Chapter 13. Appendix

LIST OF TABLES

Table 1 Global Artificial Neural Network Market Synopsis, 2018–2023

Table 2 Global Artificial Neural Network Market Estimates and Forecast, 2018–2023 (USD Million)

Table 3 Global Artificial Neural Network Market, by Region, 2018–2023 (USD Million)

Table 4 Global Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 5 Global Artificial Neural Network Market, by Component, 2018–2023(USD Million)

Table 6 Global Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 7 North America: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 8 North America: Artificial Neural Network Market, by Component, 2018–2023 (USD Million)

Table 9 North America: Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 10 US: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 11 US: Artificial Neural Network Market, by Component, 2018–2023 (USD Million)

Table 12 US: Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 13 Canada: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 14 Canada: Artificial Neural Network Market, by Component, 2018–2023 (USD Million)

Table 15 Canada: Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 16 South America: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 17 South America: Artificial Neural Network Market, by Component, 2018–2023 (USD

Million)

Table 18 South America: Artificial Neural Network Market, by Application, 2018–2023 (USD

Million)

Table 19 Europe: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 20 Europe: Artificial Neural Network Market, by Component, 2018–2023 (USD Million)

Table 21 Europe: Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 22 Western Europe: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 23 Western Europe: Artificial Neural Network Market, by Component, 2018–2023 (USD

Million)

Table 24 Western Europe: Artificial Neural Network Market, by Application, 2018–2023 (USD

Million)

Table 25 Eastern Europe: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 26 Eastern Europe: Artificial Neural Network Market, by Component, 2018–2023 (USD

Million)

Table 27 Eastern Europe: Artificial Neural Network Market, by Application, 2018–2023 (USD

Million)

Table 28 Asia-Pacific: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 29 Asia-Pacific: Artificial Neural Network Market, by Component, 2018–2023 (USD Million)

Table 30 Asia-Pacific: Artificial Neural Network Market, by Application, 2018–2023 (USD Million)

Table 31 Middle East & Africa: Artificial Neural Network Market, by Type, 2018–2023 (USD Million)

Table 32 Middle East & Africa: Artificial Neural Network Market, by Component, 2018–2023

(USD Million)

Table 33 Middle East & Africa: Artificial Neural Network Market, by Application, 2018–2023

(USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Artificial Neural Network Market

Figure 3 Segmentation Market Dynamics for Global Artificial Neural Network Market

Figure 4 Global Artificial Neural Network Market Share, by Type, 2017

Figure 5 Global Artificial Neural Network Market Share, by Component, 2017

Figure 6 Global Artificial Neural Network Market Share, by Application, 2017

Figure 7 Global Artificial Neural Network Market Share, by Region, 2017

Figure 8 North America: Artificial Neural Network Market Share, by Country, 2017

Figure 9 Europe: Artificial Neural Network Market Share, by Country, 2017

Figure 10 Asia-Pacific: Artificial Neural Network Market Share, by Country, 2017

Figure 11 Middle East & Africa: Artificial Neural Network Market Share, by Country, 2017

Figure 12 Global Artificial Neural Network Market: Company Share Analysis, 2017 (%)

Figure 13 Neural Technologies Limited: Key Financials

Figure 14 Neural Technologies Limited: Segmental Revenue

Figure 15 Neural Technologies Limited: Geographical Revenue

Figure 16 SwiftKey: Key Financials

Figure 17 SwiftKey: Segmental Revenue

Figure 18 SwiftKey: Geographical Revenue

Figure 19 Starmind International AG: Key Financials

Figure 20 Starmind International AG: Segmental Revenue

Figure 21 Starmind International AG: Geographical Revenue

Figure 22 Afiniti: Key Financials

Figure 23 Afiniti: Segmental Revenue

Figure 24 Afiniti: Geographical Revenue

Figure 25 Ward Systems Group, Inc.: Key Financials

Figure 26 Ward Systems Group, Inc.: Segmental Revenue

Figure 27 Ward Systems Group, Inc. Geographical Revenue

Figure 28 SAP SE: Key Financials

Figure 29 SAP SE: Segmental Revenue

Figure 30 SAP SE: Geographical Revenue

Figure 31 NeuroDimension, Inc.: Key Financials

Figure 32 NeuroDimension, Inc.: Segmental Revenue

Figure 33 NeuroDimension, Inc.: Geographical Revenue

Figure 34 Alyuda Research, LLC: Key Financials

Figure 35 Alyuda Research, LLC: Segmental Revenue

Figure 36 Alyuda Research, LLC: Geographical Revenue

Figure 37 Google Inc.: Key Financials

Figure 38 Google Inc.: Segmental Revenue

Figure 39 Google Inc.: Geographical Revenue

Figure 40 Qualcomm Technologies, Inc.: Key Financials

Figure 41 Qualcomm Technologies, Inc.: Segmental Revenue

Figure 42 Qualcomm Technologies, Inc.: Geographical Revenue

Figure 43 Neuralware: Key Financials

Figure 44 Neuralware: Segmental Revenue

Figure 45 Neuralware: Geographical Revenue

Figure 46 Intel Corporation: Key Financials

Figure 47 Intel Corporation: Segmental Revenue

Figure 48 Intel Corporation: Geographical Revenue

Figure 49 Microsoft Corporation: Key Financials

Figure 50 Microsoft Corporation: Segmental Revenue

Figure 51 Microsoft Corporation: Geographical Revenue

Figure 52 IBM Corporation: Key Financials

Figure 53 IBM Corporation: Segmental Revenue

Figure 54 IBM Corporation: Geographical Revenue

Figure 55 Oracle Corporation: Key Financials

Figure 56 Oracle Corporation: Segmental Revenue

Figure 57 Oracle Corporation: Geographical Revenue