Artificial Neural Network Market Research Report – Forecast to 2027

Artificial Neural Network Market Research Report: By Type (Feedback Artificial Neural Network, Feedforward Artificial Neural Network, Other), Component (Software, Services, Other), Application (Drug Development, Others) – Forecast Till 2027

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

Artificial Neural Network Market Overview


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


An Artificial Neural Network is a computational model which looks like the capacity and construction of the human cerebrum's neuron framework. The development of artificial brainpower and expanding reception of the Artificial Neural Network organization in the medical services area are the significant drivers for the Artificial Neural Network Market. Factors like the expanding medical care use, developing number of hospitalizations and expanding predominance of constant sicknesses add to the Artificial Neural Network Industry Outlook development. 


In addition, counterfeit neural organizations give critical advantages in clinical exploration, which is relied upon to fuel the Artificial Neural Network Market development during the estimated time frame. Besides, attributable to the developing reception of Artificial Neural networks, many organizations are occupied with creating artificial neuron network-based programming. For example, MAQ programming by Microsoft executes an Artificial Neural Network to gain from the chronicled information and foresee the future qualities. 


Artificial Neural Network (ANN) is a crucial subset of AI that helps PC researchers work on complex undertakings, such as planning, making expectations, and perceiving patterns. Artificial Neural Network organization isn't caring for other AI calculations that do the math or coordinate information; it is a calculation that gains for a fact and rehashed undertakings performed by its clients. An Artificial Neural Network organization is otherwise called a neural organization. ANN is a computational model dependent on the capacities and design of organic neural organizations. Data that goes through the organization influences the design of the Artificial Neural Network because of the way that a neural organization learns or changes dependent on the info and yield. 


Despite the drivers, moderate digitization across arising economies and hesitance among medical care experts to take on artificial brainpower-based advances will probably hamper the development of the Artificial Neural Network market during the estimated time frame.


COVID 19 Analyses


Coronavirus is a unique worldwide general wellbeing crisis that has influenced almost every industry. The drawn-out impacts are projected to affect the business development during the figure time frame. This continuous examination intensifies this exploration system to guarantee the incorporation of basic COVID-19 issues and common ways ahead. The report conveys bits of knowledge on COVID-19 thinking about the progressions in buyer conduct and request, buying designs, re-directing the inventory network, elements of current Artificial Neural Network Market influences, and the critical mediations governments. The refreshed investigation gives insights network carries out a cycle, which is intended to consolidate the functionalities of the human mind through an assortment of profound learning advances and address complex example acknowledgment or sign handling issues. Uses of neural organization incorporate climate expectation, penmanship acknowledgment, oil-investigation information examination, facial acknowledgment, discourse to-message record, and others.


Market Dynamics


Major Drivers of the Market


Targeted consumer behavior and the estimated sales are relied upon to drive the Artificial Neural Network Market during the estimated time frame in an effective manner. Fast digitization is expected to help the organization of Artificial Neural Network stages. Moreover, a widely utilized utilization of Artificial Neural networks is in the field of prescient examination. Artificial Neural Network assists advertisers with foreseeing the result of a mission by perceiving the patterns from past promoting efforts. In contrast, Artificial Neural Network has been accessible for some time and has made this innovation incredibly helpful in advertising.



  • Significant Opportunities For The Market


The development of the Artificial Neural Network Market is enhancing its development due to the cloud-based arrangements, interest for spatial information and logical apparatuses, and expansion in market forecast solutions. Increased applications regions for profound neural organizations are relied upon to set out profitable Artificial Neural Network Industry opportunities.



  • Market Restraints


The major Artificial Neural Network Market restrain is fewer professional experts to handle the artificial neural network. This restraining factor is hampering the Artificial Neural Network Industry development during the estimated time frame.



  • Cumulative Growth Analysis


Components that can guarantee better development speed for the Artificial Neural Network Market are flooded in medical care consumption, developing some hospitalizations, and climb in the recording of constant infections. The framework is likewise known for better arrangement in research offices. Expanded interest from contenders is likewise expected to take the Artificial Neural Network Industry forward. Be that as it may, high consumption for the establishment of such framework can be preventing factor for the growth of the Artificial Neural Network Industry, in the forecasted period.


Segment Overview



  • By Types


Based on type, the worldwide Artificial Neural Network Market can be fragmented into feed-forward Artificial Neural Network, criticism Artificial Neural Network, and others. These fragments are assuming a pivotal part in shaping the complete construction. Henceforth, the development would be significant for the Artificial Neural Network market. 



  • By Components 


Based on components, the worldwide Artificial Neural Network market has been sectioned into programming, administrations, and stage. The product portion is relied upon to acquire unmistakable quality in the coming years to help the fragment work consistently. 



  • By Application


Because of the application, the worldwide Artificial Neural Network market incorporates clinical bioelectric signal examination and understanding, drug advancement, finding and prognostics, picture investigation and translation, and others. The medication improvement portion would profit from the expanding consumption of different drugs. 



  • By Region


The worldwide Artificial Neural Network market can be portioned into Asia Pacific, North America, South America, Europe, and Middle East & Africa based on region. The Asia Pacific Artificial Neural Network Industry in North America is expected to extend significantly during the gauge time frame. This is because of mechanical headway and high accentuation on innovative development in the area. The Asia Pacific is relied upon to be a rewarding Artificial Neural Network Industry during the estimated time frame because of the district's huge client base and fast digitization exercises.


Regional Analysis


According to the regional analysis, the Americas is expected to rule the worldwide Artificial Neural Network market attributable to a very much created medical care area because of countless ventures to improve neural organization innovations and high reception cutting edge innovation in the medical services area. Europe is relied upon to stand firm on the second biggest foothold in the worldwide Artificial Neural Network Industry. The Artificial Neural Network Industry development in this area is credited to the developing reception of artificial brainpower among medical services suppliers and expanding medical services consumption combined with the rising predominance of ongoing illnesses. 


The Asia-Pacific area is relied upon to display the quickest development throughout the estimated period attributable to the sped-up financial development of nations in the locale and the developing need to control the expanding medical care costs. These elements are likewise liable for the arising pattern towards digitizing patient records among medical care associations. The Middle East and Africa have a minimal portion of the worldwide Artificial Neural Network Industry. Be that as it may, this locale is relied upon to have a potential development opportunity for the Artificial Neural Network market during the figure time frame. The key elements driving the development rate in this district incorporate expanding mechanical executions and rising medical services ventures.


Competitive Landscape


The major key players of the Artificial Neural Network market are mentioned below:-



  • Neural Technologies Limited

  • IBM Corporation

  • Neuro Dimension, Inc.

  • Alyuda Research

  • Microsoft Corporation

  • SAP SE

  • Swift Key

  • Starmind International AG

  • Afiniti

  • Ward Systems Group, Inc.

  • LLC, Google Inc.

  • Neuralware

  • Qualcomm Technologies, Inc.

  • Intel Corporation

  • Oracle Corporation


Recent Developments



  • In May 2018, Microsoft delivered the new Microsoft Translator custom component, which empowers clients to apply customizations to content and discourse interpretation work processes.


Report Overview


The Artificial Neural Network Market or overviews are as follows:



  • Global Market Share Overview

  • COVID 19 impact on Global Market

  • Global Market dynamics

  • Market Value chain analysis 

  • Market Overview

  • Regional Analysis as per the Market Forecast

  • Market Competitive Landscape

  • Market Trends Developments


This report highlights the growth aspects of the global Market Growth Analysis. Along with that, this report also intends to put up the competitive landscape and recent developments on the table to explain this global Market Analysis.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   2020-2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Component, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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
  Key Market Opportunities   New product launches and R&D Amongst major Companies
  Key Market Drivers

  • Increasing adoption of the artificial neural network
  • Increasing healthcare expenditure
  • Growing number of hospitalizations
  • Increasing prevalence of chronic diseases


  • Speak to Analyst Ask for Customization

    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, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.3 Feedforward Artificial Neural Network

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    6.4 Others

    Chapter 7. Global Artificial Neural Network Market, by Component

    7.1 Introduction

    7.2 Software

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.3 Services

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    7.4 Platform

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    Chapter 8. Global Artificial Neural Network Market, by Application

    8.1 Introduction

    8.2 Clinical Diagnosis and Prognostics

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.3 Image Analysis and Interpretation

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.4 Bioelectric Signal Analysis and Interpretation

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    8.5 Drug Development

    Market Estimates & Forecast, by Region, 2020-2027

    Market Estimates & Forecast, by Country, 2020-2027

    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, 2020-2027

    Table 2 Global Artificial Neural Network Market Estimates and Forecast, 2020-2027 (USD Million)

    Table 3 Global Artificial Neural Network Market, by Region, 2020-2027 (USD Million)

    Table 4 Global Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 5 Global Artificial Neural Network Market, by Component, 2020-2027(USD Million)

    Table 6 Global Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 7 North America: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 8 North America: Artificial Neural Network Market, by Component, 2020-2027 (USD Million)

    Table 9 North America: Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 10 US: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 11 US: Artificial Neural Network Market, by Component, 2020-2027 (USD Million)

    Table 12 US: Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 13 Canada: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 14 Canada: Artificial Neural Network Market, by Component, 2020-2027 (USD Million)

    Table 15 Canada: Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 16 South America: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 17 South America: Artificial Neural Network Market, by Component, 2020-2027 (USD

    Million)

    Table 18 South America: Artificial Neural Network Market, by Application, 2020-2027 (USD

    Million)

    Table 19 Europe: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 20 Europe: Artificial Neural Network Market, by Component, 2020-2027 (USD Million)

    Table 21 Europe: Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 22 Western Europe: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 23 Western Europe: Artificial Neural Network Market, by Component, 2020-2027 (USD

    Million)

    Table 24 Western Europe: Artificial Neural Network Market, by Application, 2020-2027 (USD

    Million)

    Table 25 Eastern Europe: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 26 Eastern Europe: Artificial Neural Network Market, by Component, 2020-2027 (USD

    Million)

    Table 27 Eastern Europe: Artificial Neural Network Market, by Application, 2020-2027 (USD

    Million)

    Table 28 Asia-Pacific: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 29 Asia-Pacific: Artificial Neural Network Market, by Component, 2020-2027 (USD Million)

    Table 30 Asia-Pacific: Artificial Neural Network Market, by Application, 2020-2027 (USD Million)

    Table 31 Middle East & Africa: Artificial Neural Network Market, by Type, 2020-2027 (USD Million)

    Table 32 Middle East & Africa: Artificial Neural Network Market, by Component, 2020-2027

    (USD Million)

    Table 33 Middle East & Africa: Artificial Neural Network Market, by Application, 2020-2027

    (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, 2020

    Figure 5 Global Artificial Neural Network Market Share, by Component, 2020

    Figure 6 Global Artificial Neural Network Market Share, by Application, 2020

    Figure 7 Global Artificial Neural Network Market Share, by Region, 2020

    Figure 8 North America: Artificial Neural Network Market Share, by Country, 2020

    Figure 9 Europe: Artificial Neural Network Market Share, by Country, 2020

    Figure 10 Asia-Pacific: Artificial Neural Network Market Share, by Country, 2020

    Figure 11 Middle East & Africa: Artificial Neural Network Market Share, by Country, 2020

    Figure 12 Global Artificial Neural Network Market: Company Share Analysis, 2020 (%)

    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