Neural Network Software Market Scope
Neural network software is a software used to research, simulate, develop, and apply artificial neural networks. The software concepts adapted from biological neural networks. Neutral network software is adopted to reduce the cost and operational time in a number of businesses, its usage in the business application, such as fraud detection and risk assessment. Increasing industrial automation across the sectors and the high adoption rate of digital technologies boosting the demand for neural network software.
The market study is being classified by Type (Data Mining and Archiving Software, Data Analytical Software, Optimization Software and Visualization Software), by Application (Fraud Detection, Hardware Diagnostics, Financial Forecasting and Image Optimization) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Neural Network Software market throughout the predicted period.
Google (United States), Neurala, Inc. (United States), IBM Corporation (United States), Microsoft Corporation (United States), SAP SE (Germany), Oracle Corporation (United States), Intel Corporation (United States), Qualcomm Technologies (United States) and Neural Technologies Ltd. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Starmind International AG (Switzerland), Afiniti (United States) and AND Corporation (Ontario, Canada).
AdvanceMarketAnalytics has segmented the market of Global Neural Network Software market by Type, Application and Region.
On the basis of geography, the market of Neural Network Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Increasing Industrial Automation across the Sectors
- Increasing Use of Artificial Intelligence
- High Adoption Rate of Digital Technologies
- Increasing Adoption of Big Data Analytics
- Growing Innovation Across End-User Verticals
- Difficulty in Training Multilayer Neural Networks
Key Target AudienceNeural Network Software Companies, Neural Network Software Providers, Managed Security Service Providers, Research and Development Companies and Market Research and Consulting Firms
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