Global Neuromarketing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Neuromonitoring, Neurofeedback, Biometrics, Eye-tracking, and Others.

By End-User;

BFSI, Retail / Consumer Brands, Market Research, Scientific Institutions, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn871502101 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Neuromarketing Market (USD Million), 2021 - 2031

In the year 2024, the Global Neuromarketing Market was valued at USD 1,580.35 million. The size of this market is expected to increase to USD 2,815.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.

Neuromarketing is a burgeoning field at the intersection of neuroscience and marketing that seeks to understand consumer behavior by studying brain responses to marketing stimuli. It leverages advanced technologies such as functional magnetic resonance imaging (fMRI), electroencephalography (EEG), and biometrics to gain deeper insights into how consumers perceive and respond to various marketing strategies. By tapping into the subconscious reactions and emotional triggers that influence decision-making, neuromarketing aims to enhance the effectiveness of advertising, product design, and overall brand strategy.

The global neuromarketing market has been witnessing substantial growth as businesses recognize the value of understanding consumer psychology on a neurological level. This market growth is driven by the increasing demand for more accurate and insightful consumer insights that traditional methods like surveys and focus groups often struggle to provide. Neuromarketing offers a more direct and objective approach, bypassing the limitations of self-reporting and capturing real-time emotional and cognitive responses.

Technological advancements in neuroscience and data analytics have further propelled the expansion of the neuromarketing industry. These advancements enable researchers to analyze intricate patterns in brain activity and physiological responses, providing marketers with nuanced insights into consumer preferences, purchasing decisions, and brand perception. Moreover, the integration of AI and machine learning algorithms enhances the predictive capabilities of neuromarketing, allowing companies to tailor their marketing strategies with unprecedented precision.

The application of neuromarketing extends across various sectors including retail, advertising, media, and consumer goods, among others. Companies are increasingly investing in neuromarketing research to optimize their marketing campaigns, improve product development, and strengthen customer engagement strategies. This growing adoption is reshaping the competitive landscape as businesses strive to gain a deeper understanding of consumer behavior in an increasingly complex and data-driven market environment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Global Neuromarketing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer Behavior Insights Demand Growth
        2. Advancements in Neurotechnology Boost Adoption
        3. Increasing Marketing Effectiveness Needs
        4. Rising Investments in Market Research
        5. Growing Awareness of Brain Science
      2. Restraints
        1. Ethical Concerns and Privacy Issues
        2. High Costs of Neuroimaging Equipment
        3. Complexity in Data Interpretation
        4. Limited Understanding of Brain Signals
        5. Regulatory and Legal Challenges
      3. Opportunities
        1. Personalized Marketing Strategies Development
        2. Expansion in Healthcare and Retail
        3. Integration with AI and Big Data
        4. Emerging Markets Adoption Potential
        5. Neurofeedback and Cognitive Enhancement
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Neuromarketing Market, By Technology, 2021- 2031 (USD Million)
      1. Neuromonitoring
      2. Neurofeedback
      3. Biometrics
      4. Eye-tracking
      5. Others
    2. Global Neuromarketing Market, By End-User, 2021- 2031 (USD Million)
      1. BFSI
      2. Retail / Consumer Brands
      3. Market Research
      4. Scientific Institutions
      5. Others
    3. Global Neuromarketing Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Immersion Neuroscience
      2. Buyology Inc
      3. Merchant Mechanics Inc
      4. Emotion Research LAB
      5. The Nielsen Company LLC
      6. Neural Sense (Pty) Ltd
      7. NVISO SA
      8. Cadwell Industries Inc
      9. Compumedics Limited
      10. SR Labs SRL
      11. Synetiq Ltd
      12. Mindspeller
      13. MindMetriks
  7. Analyst Views
  8. Future Outlook of the Market