Europe Neural Network Market Size, Share & Trends Analysis Report By Component, By Vertical (BFSI, Retail, Healthcare, Telecom & IT, Manufacturing, Aerospace & Defense, Public Sector, Business Function), By Country and Growth Forecast, 2024 - 2031

The Europe Neural Network Market would witness market growth of 25.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Neural Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,815 million by 2031. The UK market exhibits a CAGR of 24.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 26.8% during (2024 - 2031).

The neural network market is further enhanced by progress in natural language processing (NLP), a specialized domain within artificial intelligence that emphasizes the interaction between humans and computers. Neural networks have markedly improved the functionalities of natural language processing systems, facilitating applications including voice assistants, language translation, and sentiment analysis. These systems are widely adopted in customer service, education, and entertainment, where they improve communication and user interaction.

In addition to NLP, neural networks drive innovation in computer vision, enabling machines to interpret and analyze visual information. Neural networks power applications such as facial recognition, object detection, and augmented reality, finding use cases in security, retail, and healthcare. For example, in security systems, neural networks analyze video feeds to detect unusual activities, while in retail, they enable virtual try-ons and immersive shopping experiences. In healthcare, neural networks assist in diagnosing diseases through medical imaging analysis, enhancing accuracy and efficiency.

France's manufacturing sector is at the forefront of neural network adoption, driven by the government’s "Industrie du Futur" initiative. Supported by investments exceeding €10 billion by 2023, the initiative focuses on modernizing manufacturing processes with advanced technologies, including AI-powered neural networks. According to the National Institute of Statistics and Economic Studies (INSEE), manufacturing output increased by 0.4% in April 2024 after a decline of 0.4% in March. Neural networks enhance predictive maintenance, automate production lines, and optimize industrial workflows, positioning France as a leader in integrating neural networks into manufacturing. Thus, these factors have established the region as a hub for cutting-edge applications of neural networks.

Free Valuable Insights: The Global Neural Network Market will Hit USD 160.37 Billion by 2031, at a CAGR of 26.1%

Based on Component, the market is segmented into Software (Analytical Software, Data Mining & Archiving, Optimization Software, Visualization Software, and Other Software Type), and Services. Based on Vertical, the market is segmented into BFSI, Retail, Healthcare, Telecom & IT, Manufacturing, Aerospace & Defense, Public Sector, Business Function, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Intel Corporation
• SAP SE
• NVIDIA Corporation
• nDimensional, Inc.
• OLSOFT LLC
• Oracle Corporation
• Microsoft Corporation
• Ward Systems Group, Inc.
• IBM Corporation
• Google LLC (Alphabet Inc.)

Europe Neural Network Market Report Segmentation

By Component

• Software
  • Analytical Software
  • Data Mining & Archiving
  • Optimization Software
  • Visualization Software
  • Other Software Type
• Services

By Vertical

• BFSI
• Retail
• Healthcare
• Telecom & IT
• Manufacturing
• Aerospace & Defense
• Public Sector
• Business Function
• Other Vertical

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Neural Network Market, by Component
1.4.2 Europe Neural Network Market, by Vertical
1.4.3 Europe Neural Network Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Recent Strategies Deployed in Neural Network Market
4.3 Porter Five Forces Analysis

Chapter 5. Europe Neural Network Market by Component
5.1 Europe Software Market by Country
5.2 Europe Neural Network Market by Software Type
5.2.1 Europe Analytical Software Market by Country
5.2.2 Europe Data Mining & Archiving Market by Country
5.2.3 Europe Optimization Software Market by Country
5.2.4 Europe Visualization Software Market by Country
5.2.5 Europe Other Software Type Market by Country
5.3 Europe Services Market by Country

Chapter 6. Europe Neural Network Market by Vertical
6.1 Europe BFSI Market by Country
6.2 Europe Retail Market by Country
6.3 Europe Healthcare Market by Country
6.4 Europe Telecom & IT Market by Country
6.5 Europe Manufacturing Market by Country
6.6 Europe Aerospace & Defense Market by Country
6.7 Europe Public Sector Market by Country
6.8 Europe Business Function Market by Country
6.9 Europe Other Vertical Market by Country

Chapter 7. Europe Neural Network Market by Country
7.1 Germany Neural Network Market
7.1.1 Germany Neural Network Market by Component
7.1.1.1 Germany Neural Network Market by Software Type
7.1.2 Germany Neural Network Market by Vertical
7.2 UK Neural Network Market
7.2.1 UK Neural Network Market by Component
7.2.1.1 UK Neural Network Market by Software Type
7.2.2 UK Neural Network Market by Vertical
7.3 France Neural Network Market
7.3.1 France Neural Network Market by Component
7.3.1.1 France Neural Network Market by Software Type
7.3.2 France Neural Network Market by Vertical
7.4 Russia Neural Network Market
7.4.1 Russia Neural Network Market by Component
7.4.1.1 Russia Neural Network Market by Software Type
7.4.2 Russia Neural Network Market by Vertical
7.5 Spain Neural Network Market
7.5.1 Spain Neural Network Market by Component
7.5.1.1 Spain Neural Network Market by Software Type
7.5.2 Spain Neural Network Market by Vertical
7.6 Italy Neural Network Market
7.6.1 Italy Neural Network Market by Component
7.6.1.1 Italy Neural Network Market by Software Type
7.6.2 Italy Neural Network Market by Vertical
7.7 Rest of Europe Neural Network Market
7.7.1 Rest of Europe Neural Network Market by Component
7.7.1.1 Rest of Europe Neural Network Market by Software Type
7.7.2 Rest of Europe Neural Network Market by Vertical

Chapter 8. Company Profiles
8.1 Intel Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 SAP SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 NVIDIA Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 nDimensional, Inc.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 OLSOFT LLC
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Microsoft Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Ward Systems Group, Inc.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 IBM Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional & Segmental Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. Google LLC (Alphabet Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis

TABLE 1 Europe Neural Network Market, 2020 - 2023, USD Million
TABLE 2 Europe Neural Network Market, 2024 - 2031, USD Million
TABLE 3 Europe Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 4 Europe Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 5 Europe Software Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Software Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 8 Europe Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 9 Europe Analytical Software Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Analytical Software Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Data Mining & Archiving Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Data Mining & Archiving Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Optimization Software Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Optimization Software Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Visualization Software Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Visualization Software Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Other Software Type Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Other Software Type Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Services Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Services Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 22 Europe Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 23 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Retail Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Retail Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Telecom & IT Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Telecom & IT Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 32 Europe Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 33 Europe Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Public Sector Market by Country, 2020 - 2023, USD Million
TABLE 36 Europe Public Sector Market by Country, 2024 - 2031, USD Million
TABLE 37 Europe Business Function Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Business Function Market by Country, 2024 - 2031, USD Million
TABLE 39 Europe Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 40 Europe Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 41 Europe Neural Network Market by Country, 2020 - 2023, USD Million
TABLE 42 Europe Neural Network Market by Country, 2024 - 2031, USD Million
TABLE 43 Germany Neural Network Market, 2020 - 2023, USD Million
TABLE 44 Germany Neural Network Market, 2024 - 2031, USD Million
TABLE 45 Germany Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 46 Germany Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 47 Germany Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 48 Germany Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 49 Germany Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 50 Germany Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 51 UK Neural Network Market, 2020 - 2023, USD Million
TABLE 52 UK Neural Network Market, 2024 - 2031, USD Million
TABLE 53 UK Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 54 UK Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 55 UK Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 56 UK Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 57 UK Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 58 UK Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 59 France Neural Network Market, 2020 - 2023, USD Million
TABLE 60 France Neural Network Market, 2024 - 2031, USD Million
TABLE 61 France Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 62 France Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 63 France Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 64 France Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 65 France Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 66 France Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 67 Russia Neural Network Market, 2020 - 2023, USD Million
TABLE 68 Russia Neural Network Market, 2024 - 2031, USD Million
TABLE 69 Russia Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 70 Russia Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 71 Russia Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 72 Russia Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 73 Russia Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 74 Russia Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 75 Spain Neural Network Market, 2020 - 2023, USD Million
TABLE 76 Spain Neural Network Market, 2024 - 2031, USD Million
TABLE 77 Spain Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 78 Spain Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 79 Spain Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 80 Spain Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 81 Spain Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 82 Spain Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 83 Italy Neural Network Market, 2020 - 2023, USD Million
TABLE 84 Italy Neural Network Market, 2024 - 2031, USD Million
TABLE 85 Italy Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 86 Italy Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 87 Italy Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 88 Italy Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 89 Italy Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 90 Italy Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 91 Rest of Europe Neural Network Market, 2020 - 2023, USD Million
TABLE 92 Rest of Europe Neural Network Market, 2024 - 2031, USD Million
TABLE 93 Rest of Europe Neural Network Market by Component, 2020 - 2023, USD Million
TABLE 94 Rest of Europe Neural Network Market by Component, 2024 - 2031, USD Million
TABLE 95 Rest of Europe Neural Network Market by Software Type, 2020 - 2023, USD Million
TABLE 96 Rest of Europe Neural Network Market by Software Type, 2024 - 2031, USD Million
TABLE 97 Rest of Europe Neural Network Market by Vertical, 2020 - 2023, USD Million
TABLE 98 Rest of Europe Neural Network Market by Vertical, 2024 - 2031, USD Million
TABLE 99 Key Information – Intel Corporation
TABLE 100 Key Information – SAP SE
TABLE 101 Key Information – NVIDIA Corporation
TABLE 102 Key Information – nDimensional, Inc.
TABLE 103 Key Information – OLSOFT LLC
TABLE 104 Key Information – Oracle Corporation
TABLE 105 Key Information – Microsoft Corporation
TABLE 106 Key Information – Ward Systems Group, Inc.
TABLE 107 Key Information – IBM Corporation
TABLE 108 Key Information – Google LLC

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Neural Network Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Neural Network Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Neural Network Market
FIG 6 Europe Neural Network Market share by Component, 2023
FIG 7 Europe Neural Network Market share by Component, 2031
FIG 8 Europe Neural Network Market by Component, 2020 - 2031, USD Million
FIG 9 Europe Neural Network Market share by Vertical, 2023
FIG 10 Europe Neural Network Market share by Vertical, 2031
FIG 11 Europe Neural Network Market by Vertical, 2020 - 2031, USD Million
FIG 12 Europe Neural Network Market share by Country, 2023
FIG 13 Europe Neural Network Market share by Country, 2031
FIG 14 Europe Neural Network Market by Country, 2020 - 2031, USD Million
FIG 15 SWOT Analysis: Intel corporation
FIG 16 SWOT Analysis: SAP SE
FIG 17 SWOT Analysis: NVIDIA Corporation
FIG 18 SWOT analysis: nDimensional, Inc.
FIG 19 SWOT analysis: OLSOFT LLC
FIG 20 SWOT Analysis: Oracle Corporation
FIG 21 SWOT Analysis: Microsoft Corporation
FIG 22 SWOT analysis: Ward Systems Group, Inc.
FIG 23 Recent strategies and developments: IBM Corporation
FIG 24 SWOT Analysis: IBM Corporation
FIG 25 SWOT Analysis: Google LLC