| Product Code: ETC4397785 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India artificial neural network market import shipments showcased strong growth with a notable CAGR from 2020 to 2024. The growth rate between 2023 and 2024, although slightly lower, still displayed a healthy expansion trend, indicating sustained market momentum and potential for further growth in the coming years.
Artificial neural networks (ANNs) are a fundamental component of AI and machine learning. In India, the market for ANNs is growing as organizations apply these algorithms for tasks like image recognition, natural language processing, and predictive modeling. ANNs play a pivotal role in enabling machines to mimic human-like learning and decision-making.
The India Artificial Neural Network market is experiencing substantial growth as artificial neural networks are at the core of many AI applications. The ability of neural networks to mimic the human brain`s learning and decision-making processes makes them a critical driver in AI development. Applications span across various industries, including healthcare, finance, and robotics, where neural networks are used for tasks like image recognition, natural language processing, and predictive modeling.
The artificial neural network market faces challenges in terms of interpretability and explainability. As these neural networks become more complex, understanding how they arrive at their decisions is critical, especially in fields like healthcare and finance where transparency is essential.
Artificial neural networks have played a vital role in various applications, especially in healthcare and finance, during the pandemic. These networks are used in predictive modeling, risk assessment, and diagnosis, among other applications. The need for real-time decision support and predictive analytics has driven the adoption of artificial neural network solutions, making this market more relevant and significant.
In the India Artificial Neural Network market, several key players have made significant strides in the development and deployment of artificial neural network solutions. Notable companies such as Infosys Limited, Wipro Limited, Tata Consultancy Services (TCS), and Cognizant Technology Solutions have been at the forefront of integrating artificial neural networks into various applications, including pattern recognition, machine learning, and predictive analytics. These companies offer cutting-edge neural network technologies and consulting services, empowering businesses across India to harness the power of artificial intelligence and deep learning for enhanced decision-making and problem-solving.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Artificial Neural Network Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Artificial Neural Network Market Revenues & Volume, 2021 & 2031F |
3.3 India Artificial Neural Network Market - Industry Life Cycle |
3.4 India Artificial Neural Network Market - Porter's Five Forces |
3.5 India Artificial Neural Network Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 India Artificial Neural Network Market Revenues & Volume Share, By Applications , 2021 & 2031F |
3.7 India Artificial Neural Network Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.8 India Artificial Neural Network Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Artificial Neural Network Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of artificial intelligence technology across various industries in India |
4.2.2 Growing demand for automation and predictive analytics solutions |
4.2.3 Technological advancements in artificial neural networks leading to improved performance and efficiency |
4.3 Market Restraints |
4.3.1 High implementation costs associated with artificial neural network technology |
4.3.2 Lack of skilled professionals in the field of artificial intelligence and neural networks in India |
4.3.3 Concerns regarding data privacy and security hindering the adoption of artificial neural network solutions |
5 India Artificial Neural Network Market Trends |
6 India Artificial Neural Network Market, By Types |
6.1 India Artificial Neural Network Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Artificial Neural Network Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 India Artificial Neural Network Market Revenues & Volume, By Solutions , 2021-2031F |
6.1.4 India Artificial Neural Network Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Artificial Neural Network Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Artificial Neural Network Market Revenues & Volume, By Image Recognition, 2021-2031F |
6.2.3 India Artificial Neural Network Market Revenues & Volume, By Signal Recognition, 2021-2031F |
6.2.4 India Artificial Neural Network Market Revenues & Volume, By Data Mining, 2021-2031F |
6.2.5 India Artificial Neural Network Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Artificial Neural Network Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 India Artificial Neural Network Market Revenues & Volume, By On-premises, 2021-2031F |
6.3.3 India Artificial Neural Network Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 India Artificial Neural Network Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 India Artificial Neural Network Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 India Artificial Neural Network Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.4.4 India Artificial Neural Network Market Revenues & Volume, By Telecommunication and Information Technology (IT), 2021-2031F |
6.4.5 India Artificial Neural Network Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.6 India Artificial Neural Network Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.7 India Artificial Neural Network Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.4.8 India Artificial Neural Network Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 India Artificial Neural Network Market Revenues & Volume, By Others, 2021-2031F |
7 India Artificial Neural Network Market Import-Export Trade Statistics |
7.1 India Artificial Neural Network Market Export to Major Countries |
7.2 India Artificial Neural Network Market Imports from Major Countries |
8 India Artificial Neural Network Market Key Performance Indicators |
8.1 Rate of adoption of artificial neural network solutions across different sectors in India |
8.2 Number of research and development initiatives focused on enhancing artificial neural network technology in the country |
8.3 Percentage increase in investments in artificial intelligence startups and projects in India |
9 India Artificial Neural Network Market - Opportunity Assessment |
9.1 India Artificial Neural Network Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 India Artificial Neural Network Market Opportunity Assessment, By Applications , 2021 & 2031F |
9.3 India Artificial Neural Network Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.4 India Artificial Neural Network Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Artificial Neural Network Market - Competitive Landscape |
10.1 India Artificial Neural Network Market Revenue Share, By Companies, 2024 |
10.2 India Artificial Neural Network Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |