Manufacturing Segment to Register Highest Growth in United States Artificial Neural Network Market During Forecast Period
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.
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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