The Artificial Neural Network Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the artificial neural network has experienced rapid growth recently. It is projected to increase from $0.49 billion in 2024 to $0.58 billion in 2025, with a compound annual growth rate (CAGR) of 17.80%.
The Artificial Neural Network Global Market is predicted to expand to a market size of $1.11 billion by 2029, with a compound annual growth rate (CAGR) of 17.44%.
Download Your Free Sample of the 2025 Artificial Neural Network Market Report and Uncover Key Trends Now!The key drivers in the artificial neural network market are:
•Rising demand for artificial intelligence across various industries
•Increasing demand for cloud-based services
•Growing use of voice assistants and conversational AI
•Escalating usage in drug discovery and healthcare sector
The artificial neural network market covered in this report is segmented –
1) By Component: Solutions, Platform Or Application Programming Interface (API), Services
2) By Deployment Mode: On-Premises, Cloud
3) By Enterprise: Large Enterprises, Small And Medium Enterprises
4) By Application: Image Recognition, Signal Recognition, Data Mining
5) By End-User: Banking, Financial Services, and Insurance (BFSI), Retail And E-Commerce, IT And Telecom, Manufacturing, Healthcare, Automotive
Subsegments:
1) By Solutions: Software Solutions, Hardware Solutions, Deployment Solutions, Data Management Solutions
2) By Platform Or Application Programming Interface (API): Cloud-Based Platforms, On-Premise Platforms, Open-Source APIs, Proprietary APIs
3) By Services: Consulting Services, Integration And Deployment Services, Support And Maintenance Services, Managed Services
The key trends in the artificial neural network market are:
•Advancements in machine learning and neural networks are emerging as a significant trend.
•The integration of artificial neural networks with big data and analytics is becoming increasingly important.
•Connectivity between artificial neural networks and IoT and edge computing is a notable upcoming trend.
•Hybrid cloud and edge integration and integration with 5G networks are significant future trends.
Major players in the artificial neural network market are:
• Google Inc.
• Microsoft Corporation
• Amazon Web Services Inc.
• Intel Corporation
• IBM Corporation
• Qualcomm Technologies Inc.
• Oracle Corporation
• SAP SE
• Hewlett Packard Enterprise Development LP
• NVIDIA Corporation
• Salesforce Inc.
• Rockwell Automation Inc.
• OpenAI Inc.
• H2O.ai Inc.
• Anaconda Inc.
• Clarifai Inc.
• Neurala Inc.
• Ward Systems Group
• BrainChip Holdings Ltd.
• NeuroDimension Inc.
North America was the largest region in the artificial neural network market in 2024