A $422.5 Million Global Opportunity For Artificial Neural Ne...| MENAFN.COM

Sunday, 03 July 2022 04:54 GMT

A $422.5 Million Global Opportunity For Artificial Neural Networks By 2026 - New Research From Strategyr'


(MENAFN- PR Newswire)

SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled 'Artificial Neural Networks - Global Market Trajectory & Analytics' . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE


A $422.5 Million Global Opportunity for Artificial Neural Networks by 2026 - New Research from StrategyR

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
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  • Complimentary updates for one year

Edition: 8; Released: January 2022 Executive Pool: 618 Companies: 37 - Players covered include Alyuda; Clarifai; GMDH, LLC; Google LLC; IBM Corporation; Intel Corporation; Microsoft Corporation; Neurala; Neuralware; Oracle Corporation; Qualcomm; Starmind; Ward Systems and Others. Coverage: All major geographies and key segments Segments: Application (Image Recognition, Signal Recognition, Data Mining, Other Applications); Vertical (BFSI, Retail & eCommerce, IT & Telecom, Healthcare & Life Sciences, Manufacturing, Other Verticals) Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Artificial Neural Networks Market to Reach $422.5 Million by 2026 Amid the COVID-19 crisis, the global market for Artificial Neural Networks estimated at US$138.1 Million, is projected to reach a revised size of US$422.5 Million by 2026, growing at a CAGR of 20.3% over the analysis period. Image Recognition, one of the segments analyzed in the report, is projected to record a 19.8% CAGR and reach US$189.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Signal Recognition segment is readjusted to a revised 20.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $50.4 Million in 2021, While China is Forecast to Reach $73.4 Million by 2026 The Artificial Neural Networks market in the U.S. is estimated at US$50.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$73.4 Million by the year 2026 trailing a CAGR of 19.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18% and 17.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.

Data Mining Segment to Reach US$69.1 Million by the year 2026 In the global Data Mining segment, USA, Canada, Japan, China and Europe will drive the 22.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$16.1 Million will reach a projected size of US$66.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™

Global Industry Analysts, Inc., ( ) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS: Zak AliDirector, Corporate CommunicationsGlobal Industry Analysts, Inc.Phone: 1-408-528-9966 Email: [email protected]

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