The Neural Network Software Global Market Report 2023, provides comprehensive information on the neural network software market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/neural-network-software-global-market-report
The global neural network software market size is expected to grow from $21.26 billion in 2022 to $26.44 billion in 2023 at a compound annual growth rate (CAGR) of 24.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global neural network software market size is expected to reach $65.27 billion in 2027 at a CAGR of 25.34%.
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Technological advancements are a key trend gaining popularity in the neural network software market going forward. Companies operating in the neural network software market are adopting new technologies to sustain their position in the market. For instance, in March 2023, Open AI, a US-based artificial intelligence research company, launched GPT-4. GPT-4 is a natural language processing model based on deep neural network architecture and accepts image and text input to generate text outputs. GPT-4 achieves human-level performance on a variety of academic and professional benchmarks. Additionally, GPT-4 can solve novel and challenging problems across mathematics, programming, vision, law, medicine, psychology, and more.
The neural network software market is segmented:
1) By ype: Data Mining And Archiving, Analytical Software, Optimization Software, Visualization Software, Other Types
Asia-Pacific was the largest region in the neural network software market in 2022.
The table of contents in TBRC’s neural network software market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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