Manufacturing Segment to Register Highest Growth in United States Artificial Neural Network Market During Forecast Period
Growing popularity of artificial intelligence and increasing adoption of the artificial neural networks in the healthcare industry to drive United States artificial neural network market
According to TechSci Research report, “United States Artificial Neural Network Market By Component, By Application, By Deployment Mode, By Organization Size, By Industry Vertical, By Region, Forecast & Opportunities, 2025”, the United States artificial neural network market is expected to grow at a formidable rate of around 10% during the forecast period on account of the increasing demand to detect complex non-linear relationships between variables and recognize patterns in big data. Additionally, the availability of improved analytical tools and prediction solutions are further expected to drive the market during forecast period. However, extrapolation issues in artificial neural networks can hamper the growth of market during forecast period. Furthermore, difficulty in tracking the outcomes of in-process stages further restrict the growth of market.
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The United States artificial neural network market is segmented based on component, application, deployment mode, organization size, industry vertical, company and region. Based on deployment mode, the market can be bifurcated into cloud and on-premises. The cloud-based deployment model is expected to witness significant growth during forecast period. This can be accredited to the associated benefits such as easy maintenance of generated data, cost-effectiveness, scalability and effective management. Based on industry vertical, the market can be segregated into banking, financial services & insurance, retail & ecommerce, IT & telecom, manufacturing, healthcare & life sciences, and others. The manufacturing segment is expected to register the highest growth during the forecast period owing to the growing demand to predict the mechanical proprieties of processed products based on given technological parameters.
Key Players :
Google, IBM, Oracle, Microsoft, Intel, Qualcomm, Ward Systems, GMDH, LLC, NeuralWare, Clarifai and others are some of the leading players operating in United States artificial neural network market.
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“United States artificial neural network market is expected to witness significant growth over the coming years, owing to the presence of well-developed healthcare sector, existence of a large number of enterprises for the expansion of neural network technologies and a high acceptance of advanced technologies in the healthcare industry in the country. Additionally, many artificial neural network solution providers in United States are experimenting in the artificial neural network market by integrating AI, and deep learning functionalities with their existing artificial neural network solutions.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Artificial Neural Network Market By Component, By Application, By Deployment Mode, By Organization Size, By Industry Vertical, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States artificial neural network market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States artificial neural network market.
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