Recent Research Says Neural Network Software Market Will Hit Healthy CAGR Between 2017 to 2027
Future Market Insights has announced the addition of the “Neural Network Software Market: Global Industry Analysis and Opportunity Assessment, 2017 - 2027" report to their offering.
Valley Cottage, NY -- (SBWire) -- 12/15/2017 --Neural Network Software is rapidly growing in the market due to its technological advancement for data analysis by reducing the time and cost in many enterprises. In many enterprises the use of neural network software is widely used for their business applications such as risk assessment or fraud detection. The important fields in which neural network software application is used in trading, financial operations, product maintenance and business analytics.
Neural Network Software Market: Drivers and Challenges
The major driver for neural network market growth is the rise in data archiving tools to organize the huge amount of unorganized data generated from diverse end users. In addition to that, there is increase in demand for predicting solutions and higher adoption of digital technologies is another driving factor for neural network software market.
However, due to slow digitization rate across evolving economies and lack of technical expertise and operational challenges are the major restraining factor for the neural network software market growth.
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Neural Network Software Market: Segmentation
Segmentation on the basis of type:
Data Mining and Archiving
Segmentation on the basis of industry
IT and Telecommunications
Energy and Utilities
Defense and Government
Transportation and Logistics
Neural Network Software Market: key players
Some of the key players for Neural Network Software Markets are Afiniti, Alyuda Research, Llc, GMDH, Llc, Google Inc, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Neural Technologies Limited, Neuralware, Oracle Corporation, Qualcomm Technologies, Inc., Sap Se, Slagkryssaren Ab, Starmind International Ag, Swiftkey, Ward Systems Group, Inc.
Market: Regional Overview
Neural Network Software Market is currently dominated by North America due to its advanced technology.Asia Pacific Neural Network Software Market is expected to have the highest growth rate.
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