Neural Network Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Neural Network Software Market is segmented by Application (Fraud Detection, Hardware Diagnostics, and Portfolio management), End-user Vertical (BFSI, Healthcare, Retail, and Defense Agencies), and Geography (North America (United States, Canada), Europe (Germany, UK, France, and Rest of Europe), Asia Pacific (South Korea, China, Australia, and Rest of Asia-Pacific), and Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Neural Network Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Neural Network Software Industry Overview

A few players, like Intel and Nvidia, dominate the neural network software market. Still, the forecast period is expected to follow a similar trend throughout the forecast period even though many players are emerging for offering software with customization capability according to the end-user.

In June 2022, Qualcomm Technologies combined its current best-in-class AI software offerings into a single package, the Qualcomm AI Stack, to further its leadership in AI and connected intelligent edge. This will enable Qualcomm Technologies' OEM clients and developers to fully utilize the performance of our Qualcomm AI Engine when creating, optimizing, and deploying their AI applications on Qualcomm Technologies' hardware.

In October 2022, with the release of three new libraries, IBM announced an increase to its embeddable AI software portfolio. These libraries are intended to make it simpler, quicker, and more affordable for IBM Ecosystem partners, clients, and developers to create and market their own AI-powered solutions.

Neural Network Software Market Leaders

  1. Google LLC

  2. NVIDIA Corporation

  3. Intel Corporation

  4. IBM Corporation

  5. Microsoft Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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