Artificial Neural Network Market 2025-2029
The artificial neural network market is forecasted to grow by USD 413.9 mn during 2024-2029, accelerating at a CAGR of 18.5% during the forecast period. The report on the artificial neural network market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by explosion in data volume and sophistication of data infrastructure, innovation in neural network architectures and generative ai revolution, and democratization and escalation of high-performance computing power.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's artificial neural network market is segmented as below:
By Deployment
By Component
By Application
- Image recognition
- Signal recognition
- Data mining
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the rise of native multimodal ai as one of the prime reasons driving the artificial neural network market growth during the next few years. Also, shift towards smaller, efficient, and on-device models and proliferation of autonomous ai agents for complex task execution will lead to sizable demand in the market.
The report on the artificial neural network market covers the following areas:
- Artificial Neural Network Market sizing
- Artificial Neural Network Market forecast
- Artificial Neural Network Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial neural network market vendors that include Alibaba Group Holding Ltd., Amazon Web Services Inc., Baidu Inc., Cisco Systems Inc., Fujitsu Ltd., Google LLC, Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NEC Corp., NeuralWare Inc., NVIDIA Corp., Oracle Corp., Qualcomm Inc., Salesforce Inc., SAP SE, Starmind, and Ward Systems Group Inc.. Also, the artificial neural network market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.