Artificial Neural Network Market Size and Share 2020- Global Industry Demand, Covid19 Impact, Growth Factors, Research Report and Forecast

Market Research Future has declared the expansion of the "Worldwide Artificial Neural Network Market Research Report which gives Market Size, Shares, Covid19 impact, Trends, Demand and Forecasts till 2023.

Artificial Neural Network Market Scope:

The global artificial neural network market is profiled in great detail in the latest research report from Market Research Future (MRFR), providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the artificial neural network market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the artificial neural network market’s growth trajectory over the forecast period are provided in the report. The leading players in the global artificial neural network market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global artificial neural network market. The major drivers and restraints affecting the global artificial neural network market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.

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Artificial neural networks are artificial computing systems that can learn to perform tasks despite not being programmed with task-specific rules. Artificial neural networks are highly useful in pattern recognition, as they can easily learn the necessary characteristics. This has driven the usage of artificial neural networks in the healthcare sector, where they are used in image analysis, diagnosis, and drug development, among others. The rising usage of artificial intelligence (AI) in the healthcare sector is likely to be a major driver for the global artificial neural network market over the forecast period. The increasing prevalence of chronic diseases and increasing healthcare expenditure are likely to be the major drivers for the global artificial neural network market over the forecast period.

On the other hand, the lack of digitization in emerging countries is likely to be a major restraint against the artificial neural network market over the forecast period. Due to the lack of digitization in emerging regions such as Asia Pacific, Latin America, and Africa, medical professionals are reluctant to adopt AI-driven solutions. This is likely to remain a major restraint on the global artificial neural network market over the forecast period.

Artificial Neural Network Market Competitive Leaderboard:
Leading players in the global artificial neural network market include Oracle Corporation, IBM, Microsoft Corporation, Intel Corporation, Qualcomm Technologies Inc., Neuralware, Google Inc., Alyuda Research LLC, NeuroDimension Inc., SAP SE, Ward Systems Group Inc., Afiniti, Starmind International AG, SwiftKey, and Neural Technologies Ltd. Many players in the global artificial neural network market are engaged in developing software based on artificial neural networks. Expanding in emerging regions such as Asia Pacific and Latin America is also likely to be a popular tactic for players among the global artificial neural network market over the forecast period.

Artificial Neural Network Market Segmentation:
The global artificial neural network market has been segmented on the basis of type, component, application, and region.
By type, the global artificial neural network market is segmented into feedback artificial neural network, feedforward artificial neural network, and others.
By component, the global artificial neural network market is segmented into software, services, and platform.
By application, the global artificial neural network market is segmented into clinical diagnosis and prognostics, image analysis and interpretation, bioelectric signal analysis and interpretation, drug development, and others.

Artificial Neural Network Market Regional Analysis:
The Americas dominate the global artificial neural network market due to the strong presence of the healthcare sector in the region. The healthcare sector in North America is highly advanced and home to several leading players in the artificial neural network market. Companies such as Google, Intel, Microsoft, and IBM have their headquarters in the U.S., which leads to easy development of advanced technology and software related to artificial neural networks.
Europe is the second largest regional market for artificial neural networks, followed by Asia Pacific. Asia Pacific is likely to exhibit growth at a rapid pace over the forecast period due to the growing adoption of digitized healthcare platforms in countries such as China, India, and South Korea.

Read 100 page research report with ToC on " 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" : https://www.marketresearchfuture.com/reports/artificial-neural-network-market-6287

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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