Attractive Opportunities in the Neural Network Software Market

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MarketsandMarkets Presents
Neural Network Software Market worth 22.55
Billion USD by 2021 http//www.marketsandmarkets.
com/Market-Reports/neural-network-software-market-
45118197.html
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The report "Neural Network Software Market by
Type (Data Mining and Archiving, Analytical
Software, Optimization Software, and
Visualization Software), Vertical, and Region -
Global Forecast to 2021", The global neural
network software market to expand from USD 7.17
Billion in 2016 to USD 22.55 Billion by 2021, at
a Compound Annual Growth Rate (CAGR) of 33.2.
The neural network software market is growing
rapidly owing to the increasing need for data
archiving tools in order to organize the data
generated from varied end use sectors.
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Browse 72 market data tables and 47 figures
spread through 147 pages and in-depth TOC
on Neural Network Software Market by Type (Data
Mining and Archiving, Analytical Software,
Optimization Software, and Visualization
Software), Vertical, and Region - Global Forecast
to 2021 http//www.marketsandmarkets.com/Market-
Reports/neural-network-software-market-45118197.ht
mlEarly buyers will receive 10 customization
on this report.
 
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Neural Network Software Market Breakdown of
Primary Profiles 

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Analytical tool is expected to dominate the
neural network software market in terms of
software type The research study for global
neural network software market encompasses the
analysis of the market on the basis of software
types, which is further segmented into data
mining and archiving, analytical software,
visualization software, and optimization
software. The deployment of analytical software
is mainly driven by the increasing demand for
data predictive solutions across various end-use
sectors especially in Banking, Financial
Services, and Insurance (BFSI), healthcare,
energy utilities, and media.
 
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BFSI sector is expected to hold the largest
market share The neural network software end
users are segmented into BFSI, government
defense, energy utilities, media, healthcare,
industrial manufacturing, retail eCommerce,
transportation logistics, telecom IT, and
others. The BFSI sector holds the large scale
application areas for neural network technology,
which include stock market analysis, foreign
exchange perdition, and other such activities,
thereby holding the largest market share among
other end-use verticals studied for the market
analysis.

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North America is expected to be the most
lucrative market in 2016 The research study
encompasses regional market analysis for North
America, Europe, Asia-Pacific (APAC), Middle East
and Africa (MEA), and Latin America along with
some of the major countries in the specific
regions. North America is expected to hold the
largest share of the neural network software
market in 2016, followed by Europe. The rapid
developments in infrastructure and higher
adoption of digital technologies are the two
major drivers that increase the demand for the
neural network software market. Furthermore, the
U.S is the most technologically advanced region
with the presence of different business verticals
such as BFSI, healthcare, retail eCommerce,
energy utilities, and many others.

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Neural Network Software Market By Region, 2021
(USD Million)

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The prominent players in the artificial neural
network ecosystem are Google Inc. (California,
U.S.), IBM Corporation (New York, U.S.),
Microsoft Corporation (Washington DC, U.S.),
Intel Corporation (California, U.S.), Oracle
Corporation (California, U.S.), SAP SE (Waldorf,
Germany), and Qualcomm Technologies Inc.
(California, U.S.). The key innovators
concentrating mainly on neural network software
include Alyuda Research LLC (California, U.S.),
Neural Technologies Ltd. (England, U.K.), Ward
Systems Group Inc. (Maryland U.S.), Afiniti
(Washington DC, U.S.), GMDH LLC (New York, U.S.),
Starmind International AG (Küsnacht,
Switzerland), Neuralware (Pennsylvania, U.S.),
Slagkryssaren AB (Stockholm, Sweden), AND
Corporation (Ontario, Canada), and Swiftkey
(London, U.K.).

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