Global neural network software market was valued at US$4,026.6 mn and is expected to reach US$26,021.1 mn by the end of 2025, expanding at a CAGR of 22.9% during the forecast period from 2017 to 2025.
Neural network software is primarily used to research, simulate, develop, and implement artificial neural networks as well as software concepts improved from biological neural networks. There are certain cases in which a wider range of adaptive systems like artificial intelligence and machine learning are also considered.
To carefully study about the global market for neural network software, Market Research Hub (MRH) has added a new report to its wide repository titled “Neural Network Software Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”. The study offers a complete perspective on the market’s growth based on revenue (in US$ Mn) covering different geographical regions.
Furthermore, key industry players are analyzed in this study for the period until 2025.
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This research report starts with market definition and scope; this is followed by key research objectives and research highlights. Furthermore, readers can gain knowledge about the assumptions and research methodology.
This section discourses market overview which talks about market dynamics and trends such as drivers, restraints and opportunities which affect the current nature and future position of the concerned neural network software market.
Further, porter’s five forces analysis gives a brief analysis concerned with the level of competition within the neural network software industry offering business strategy as well as competitive attractiveness prevailing in the neural network software market. Also, this section includes key industry developments shelling significant advances achieved by leading market players over the period of time.
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The next section of the report focuses on the market segmentation. Based on software type, the market is bifurcated in terms of data mining and archiving, optimization software, analytical software and visualization software.
Moreover, in terms of industry vertical, the overall market has been divided into BFSI, government & utilities, manufacturing, healthcare, telecom, oil & gas and IT and retail & e-commerce. The final section talks about the competitive analysis discoursing all the major players from the global neural network software market.
Some of the prime companies mentioned in the report are Microsoft Corporation, SAP SE, Oracle Corporation, Intel Corporation, IBM Corporation, Google Inc., QUALCOMM Incorporated, Neural Technologies Limited., Afiniti and Alyuda Research, LLC. Prominent details such as financials, SWOT analysis, business strategies, and other such strategic information connected to these players has been suitably provided as part of company profiling.
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