Artificial intelligence has impacted almost every industrial sector, and civil engineering has now joined the bandwagon.
AI is set to make construction operations more manageable, but also to make the construction business more profitable.
AI has a whole range of functions in civil engineering, which improves processes and changes the way builders and engineers work:
Construction companies use deep learning techniques to improve the quality of their construction processes.
Image recognition of photographs collected by manual drones can be used to identify areas of danger and compare them with existing blueprints to identify structural defects.
Furthermore, through reinforcement learning, AI algorithms can use trial and error techniques to identify the best practices to follow.
According to a research report "Artificial Neural Network Market by Component (Solutions, Platform/API and Services), Application (Image Recognition, Signal Recognition, and Data Mining), Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global ANN market size is expected to grow from USD 117 million in 2019 to USD 296 million by 2024, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period.
The data mining segment is expected to grow at a rapid pace in the coming years in the ANN market.
It is one of the leading applications in the ANN market due to growing demand to extract hidden predictive information from huge databases.Among services, the consulting services segment to grow at a higher CAGR during the forecast periodThe ANN market is segmented based on services into two categories, namely, managed services and professional services.
The professional services is further bifurcated into consulting services, support and maintenance services and deployment and integration.
The consulting services segment is expected to grow at a rapid pace during the forecast period, as consulting services help organizations to utilize ANN tools capabilities that uses graph structures for semantic queries with nodes, edges, and properties to represent and store connected data.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
Global Artificial Neural Network Market Research Report: By Type (Feedback Artificial Neural Network, Feedforward Artificial Neural Network, Other), by Component (Software, Services, Other), by Application (Drug Development, Others) – Forecast Till 2023Market HighlightsAn artificial neural network is a form of artificial intelligence which is based on the structure and functions of human neural networks.
The artificial neural network software can be used for medical research, drug development, clinical diagnosis of various diseases, and interpretation of clinical imaging techniques, among others.Avail a Free Sample@ https://www.medgadget.com/2020/09/artificial-neural-network-market-2020-2023-global-trends-covid19-impact-growth-factors-analysis-research-report-and-outlook.html However, slow digitization across emerging regions and reluctance among healthcare professionals to adopt artificial intelligence-based technologies are some factors that can hinder the growth of the market during the forecast period.Regional AnalysisSegmentationThe global artificial neural network market has been segmented into type, component, and application.The market, on the basis of type, has been segmented into feedback artificial neural network, feedforward artificial neural network, and others.The market, by component, has been segmented into software, services, and platform.The global artificial neural network market, by application, has been segmented into clinical diagnosis and prognostics, image analysis and interpretation, bioelectric signal analysis and interpretation, drug development, and others.Access Report Details @ https://www.marketresearchfuture.com/reports/artificial-neural-network-market-6287Global Artificial Neural Network Key PlayersSome of the prominent players in the global artificial neural network market are Starmind International AG, Neural Technologies Limited, SwiftKey, Afiniti, Ward Systems Group, Inc., SAP SE, NeuroDimension, Inc., Alyuda Research, LLC., Google Inc., Neuralware, Qualcomm Technologies, Inc., Intel Corporation, Microsoft Corporation, IBM Corporation, and Oracle Corporation.
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