To overcome this obstacle, companies should focus on providing skills and required training to their workforce, in order to keep up in this digital era.įurthermore, to provide better understanding of internal and external marketing factors, the multi-dimensional analytical tools such as SWOT and PESTEL analysis have been implemented in the global Neural Network Software Market report. In addition to that, the growth of the global Neural Network Software Market might also be obstructed by lack of skilled professionals. This has driven many nations to compile laws (such as European Union's GDPR and U.S.'s CLOUD Act) in an attempt to protect their citizens' data. With increasing availability of internet access leading to rising number of internet users, there is vast amount of user information that is being stored online through cloud services. Not only the ever growing IT sector brings with it numerous advancements, it also creates fair amount of challenges when it comes to security concerns pertaining to data storage among the users. Additionally, growth in global economy coupled with various initiatives proposed by governments of different nations to meet their policy objectives is estimated to hone the growth of the global Neural Network Software Market in upcoming years. The highest was recorded in Hong Kong, with 51.7% in 2017, followed by Philippines, Singapore and Malaysia. According to the statistics provided by United Nations Conference on Trade and Development (UNCTAD), the total export (%) of ICT goods such as computers, peripheral, communication and electronic equipment among other IT goods around the world grew from 10.62% in 2011 to 11.51% in 2017. With hundreds of devices getting connected to internet every second, the worldwide Neural Network Software Market in various industries is estimated to provide value-producing prospects in the global Neural Network Software Market, which is further anticipated to significantly boost the market revenue throughout the forecast period, i.e., 2023-2033.Īccess Free PDF With Graphs and Charts : įrom last two decades, the investments by ICT industry has contributed extensively in strengthening the developed, developing and emerging countries' economic growth. In the next two years, more than 20 billion devices are predicted to be connected to internet. Be it artificial intelligence (AI), internet of things (IoT) or digital reality, the increased rate of technological advancements around the world is directly proportional to the growth of global Neural Network Software Market.
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