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Neural Network Market - Expected to Reach $45.8 Billion by 2023 - Research and Markets
[December 13, 2017]

Neural Network Market - Expected to Reach $45.8 Billion by 2023 - Research and Markets


The "Neural Network Market (2017-2023)" report has been added to Research and Markets' offering.

The Global Neural Network Market is expected to attain a market size of $45.8 billion by 2023, growing at a CAGR of 30.7% during the forecast period.

The demand for neural network market is driven due to growing IT expenditure in many of the emerging nations, and need for technological advancements that is vital to optimize workflow. Neural Network Market encompasses a wide range of practices, tools, solutions, and techniques interrelated closely to a system of hardware and software. The functionalities are that of a human brain, used in conjunction with various deep learning technologies to solve pattern recognition or signal processing problems. The process, with the help of neural net and deep learning, is used to deliver improved analytical output, and at the same tme optimizing profits for different business processes. Neural networks are widely used in weather forecasting, handwriting recognition, oil-exploration data analysis, facial recognition, speech-to-text transcription, and others.



Based on Types, the market report segments the market into Software and Services. Software is further categorised in Analytical Software, Optimization Software, Visualization Software, and Data Mining & Archiving. Based on Verticals, the Neural Network Market is segmented into BFSI, Public Sector, Business Function, Healthcare, Manufacturing, Retail, Telecom & IT, Aerospace & Defence, and Others.

Companies Mentioned


  • Neural Technologies Limited
  • Microsoft (News - Alert) Corporation (Swiftkey)
  • Starmind International AG
  • Afiniti (TRG Holdings, LLC.)
  • Ward Systems Group, Inc.
  • GMDH LLC.
  • Neurodimension, Inc.
  • NeuralWare
  • Alyuda Research, Llc.
  • Olsoft Llc.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Global Neural Network Market

4. Global Neural Network Market by Vertical

5. Global Neural Network Market by Region

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/qwswpp/neural_network


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