Neuromarketing Market Size and Share
Neuromarketing Market Analysis by Mordor Intelligence
The neuromarketing market size is USD 1.71 billion in 2025 and is forecast to reach USD 2.38 billion by 2030, reflecting a 6.84% CAGR. Expansion is fueled by the proven ability of electroencephalography-machine learning systems to predict purchase intent with 87.1% accuracy, the rise of immersive extended-reality testing environments, and the widening gap between privacy regulations and traditional consumer-insight tools. Global brands view neuromarketing platforms as infrastructure for campaign pre-testing, audience segmentation, and user-experience optimization, while investors support new ventures that bridge hardware miniaturization with cloud analytics. Strict data-protection laws, notably California SB 1223 and the European Union’s GDPR, compel vendors to embed privacy-preserving design principles that add compliance costs yet create durable competitive advantages. Consolidation is underway as larger technology companies acquire specialist firms to embed neural measurement across wider marketing-technology stacks.
Key Report Takeaways
- By end user, retail and consumer brands held 37.68% neuromarketing market share in 2024, whereas healthcare and pharma applications are projected to grow at a 7.21% CAGR through 2030.
- By technology, electroencephalography captured 40.82% of the neuromarketing market size in 2024, while functional near-infrared spectroscopy is pacing the segment with a 7.43% CAGR to 2030.
- By offering, services commanded 46.23% revenue in 2024 and software platforms are expanding at a 7.16% CAGR through 2030.
- By application, advertising and media testing accounted for 52.07% share of the neuromarketing market size in 2024 as user-experience analytics advances at an 8.09% CAGR to 2030.
- By geography, North America led with 41.87% revenue share in 2024, and Asia Pacific is advancing at a 7.97% CAGR through 2030.
Global Neuromarketing Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Increasing need for advanced marketing tools | +1.8% | North America and Europe | Medium term (2-4 years) |
| Proliferation of smartphone-based real-time experience tracking | +1.2% | Asia Pacific, spill-over to North America | Short term (≤ 2 years) |
| AI-powered predictive attention analytics adoption | +1.5% | North America and China | Medium term (2-4 years) |
| Rising demand for privacy-compliant, opt-in consumer insights | +0.9% | North America and European Union | Long term (≥ 4 years) |
| Integration of neuromarketing with immersive XR platforms | +1.1% | Developed markets globally | Medium term (2-4 years) |
| Growing venture funding in neurotechnology start-ups | +0.8% | North America and Europe | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Increasing Need for Advanced Marketing Tools
Brand marketers face fragmented digital journeys that weaken click-through and conversion metrics as proxies for engagement. EEG-based systems integrated with machine learning provide real-time readouts of cognitive load, emotional arousal, and motivational intent that correlate directly with sales lift. A landmark study reported 87.1% purchase-prediction accuracy against 64% for surveys, validating the shift toward neurobiological measurement. Consumer goods firms that deploy these tools achieve faster creative iteration, reduced media wastage, and higher return on advertising spend. Heightened competition inside crowded online marketplaces further elevates demand for deeper behavioral insight.
AI-Powered Predictive Attention Analytics Adoption
Neuromarketing vendors embed convolutional neural networks and gradient-boosting models to forecast attention patterns before campaigns launch. Training on large multi-modal datasets enables cross-cultural segmentation that distinguishes subtle emotional cues among demographic cohorts. Functional near-infrared spectroscopy studies reveal gender-specific prefrontal activation during mixed-culture adverts, allowing brands to tailor messaging by neurobiological fit.[1]Lian Duan et al., “Gender Differences in Transnational Brand Purchase Decision Toward Mixed Culture and Original Culture Advertisements: An fNIRS Study,” Frontiers in Psychology, frontiersin.org Forecasting extends beyond single creatives to long-term brand-equity trajectories, guiding budget allocation and portfolio strategy. Companies that integrate these predictive engines into media-planning workflows compress insights cycles from weeks to hours.
Rising Demand for Privacy-Compliant, Opt-In Consumer Insights
California SB 1223 classifies neural data as sensitive information, and GDPR mandates explicit consent, data minimization, and purpose limitation for neurophysiological signals. Vendors respond with federated-learning architectures that keep raw data on local devices while transmitting model updates, and with differential-privacy layers that inject statistical noise. Certifications and transparent consent flows improve consumer trust, letting brands command premium fees for responsibly sourced insight. Privacy leadership becomes a marketing differentiator that strengthens customer loyalty and reduces litigation risk.
Integration of Neuromarketing with Immersive XR Platforms
Virtual reality headsets now embed eye tracking, galvanic skin response, and brain-signal sensors that capture presence, flow, and arousal during simulated product encounters. Tests inside VR show higher behavioral-intention scores when sensory vividness and system responsiveness align, underscoring the value of immersive neuromarketing.[2]Sinh Hoang Nguyen, “Leveraging Virtual Reality Experiences to Shape Tourists' Behavioral Intentions: The Mediating Roles of Enjoyment and Immersion,” Journal of Zoological and Botanical Gardens, mdpi.com The Prophesee-Tobii partnership integrates event-based sensors for low-latency eye tracking, unlocking live attention mapping in extended-reality retail labs. Brands evaluate store layouts, packaging, and user interfaces in realistic yet controlled settings, cutting physical prototyping time and capital cost.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High capital cost of gold-standard neuroimaging (fMRI) | -1.2% | Global, hits smaller institutions hardest | Long term (≥ 4 years) |
| Fragmented regulatory landscape and data-privacy constraints | -0.8% | North America and European Union | Medium term (2-4 years) |
| Shortage of multidisciplinary talent | -0.6% | Global, acute in emerging markets | Long term (≥ 4 years) |
| Consumer skepticism over subconscious manipulation | -0.4% | Europe and North America | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
High Capital Cost of Gold-Standard Neuroimaging (fMRI)
Installing an fMRI suite can exceed USD 3 million, with recurrent maintenance topping USD 200,000 each year. Such spending is feasible for large pharmaceutical firms but unattainable for most agencies and start-ups. The capital hurdle entrenches a two-tier structure in which resource-rich organizations access high-resolution data while others rely on lower-cost EEG or eye-tracking alternatives. Portable fNIRS devices deliver roughly 75% of fMRI precision at 10% of its cost, but they cannot yet fully replicate whole-brain mapping. This constraint limits large-scale adoption and slows methodological innovation.
Fragmented Regulatory Landscape and Data-Privacy Constraints
Jurisdictions differ on whether neural signals constitute biometric or health data, forcing multinationals to maintain parallel compliance frameworks. California’s privacy law demands consumer opt-in, the European Union requires strict purpose limitation, and Chile enshrines neurorights in its constitution.[3]Tomas Zrzavy et al., “The New Regulation of Non-Medical Neurotechnologies in the European Union: Overview and Reflection,” PubMed Central, pmc.ncbi.nlm.nih.gov Legal-team overhead rises, product rollouts slow, and standardized offerings become difficult to scale. Smaller vendors lacking dedicated compliance staff struggle to enter regulated markets, constraining competitive diversity and dampening growth.
Segment Analysis
By End Users - Healthcare Adoption Accelerates
Retail and consumer brands captured 37.68% neuromarketing market share during 2024, driven by high-volume campaign testing across fast-moving consumer goods. Healthcare and pharma applications, however, are advancing at a 7.21% CAGR, the fastest among end users. The neuromarketing market size for healthcare communications will benefit from neuroscience-based content that improves patient adherence and clinical-trial engagement. Pharmaceutical marketers employ digital biomarkers to monitor cognitive side effects in real time, while hospital networks test user-experience flows of telehealth portals to reduce friction and missed appointments.
Banks and insurers integrate neural feedback into onboarding journeys that shorten form-completion times and lower abandonment. Market-research agencies embed biometric panels within traditional survey infrastructures to boost predictive validity. Academic institutions expand brain-computer-interface labs through public-private grants, particularly in Asia Pacific where governments fund translational neuroscience. Automotive and entertainment firms explore in-vehicle emotion monitoring and storyboarding optimization, rounding out a diversified end-user landscape that strengthens demand resilience.
Note: Segment shares of all individual segments available upon report purchase
By Technology - fNIRS Gains Momentum
Electroencephalography held 40.82% revenue in 2024 thanks to well-established research protocols and shrinking sensor costs. Functional near-infrared spectroscopy is growing 7.43% annually, narrowing the gap by offering mobile, fiber-less caps that map prefrontal blood oxygenation while users browse physical aisles or virtual storefronts. The neuromarketing market size for fNIRS solutions will expand as headset manufacturers embed optical diodes inside mixed-reality devices. Eye-tracking modules benefit from integration into smart glasses that assess driver distraction and retail shelf gaze.
Functional magnetic resonance imaging remains indispensable for high-resolution studies of subconscious brand associations, even as budget pressures favor lighter modalities. Wearable biometrics that combine galvanic skin response with photoplethysmography enable continuous emotion tracking during day-long consumer safaris. Emerging brain-sensing earbuds and neuromorphic sensors sit at the frontier, promising hands-free passive data streams that could reshape methodological norms once reliability thresholds are met.
By Offering - Platforms Scale Faster Than Services
Services dominated with 46.23% revenue in 2024 because most projects still require custom study design, specialized hardware setup, and cross-modal data fusion. Software platforms are advancing 7.16% per year as vendors deliver turnkey dashboards that automate signal cleaning, feature extraction, and marketing-mix recommendations. Bundling cloud APIs lets brand teams ingest neuromarketing data inside existing customer-data platforms without coding, lowering adoption friction for non-scientists.
Hardware suppliers push miniaturization that aligns with the do-it-yourself ethos of platform buyers. Smart Eye’s acquisition of iMotions merges multimodal analytics with automotive sensing, creating integrated toolkits that blur the line between device and software categories.[4]Peter Hartzbech, “From Peter Hartzbech: iMotions Joins Smart Eye,” imotions.com Subscription-based packages that pair headsets with analytic licenses deepen recurring revenue and reduce upfront cost, accelerating the shift away from one-off consulting engagements.
Note: Segment shares of all individual segments available upon report purchase
By Application - UX Analytics Outpaces Traditional Testing
Advertising and media testing held 52.07% of neuromarketing market size in 2024 after decades of use in commercial pre-screening. User-experience and digital-analytics projects are expanding 8.09% annually, reflecting the strategic priority of optimizing e-commerce funnels, app navigation, and in-car infotainment. Brands report conversion-rate lifts exceeding 20% when neural metrics guide interface design instead of conventional heat-map analysis.
Packaging teams employ virtual reality shelves to evaluate color schemes and typography, reducing physical mockup cycles. Retailers place ceiling-mounted eye-tracking cameras that map dwell and path, integrating neuro-derived affect scores for holistic in-store analytics. Pricing strategists analyze heartbeat-coupled EEG to detect stress thresholds during dynamic-pricing tests. Political and social-campaign strategists emerge as new clients, using neuromarketing to craft emotionally resonant messages in crowded information ecosystems.
Geography Analysis
North America commanded 41.87% neuromarketing market share in 2024, reflecting deep venture-capital pools, academic brain-science clusters, and clear privacy guidance. United States funding for neurotechnology reached USD 2.3 billion across 129 deals that year, catalyzing breakthrough sensor designs and AI pipelines. Canada supplements with public grants that encourage cross-border consortia, while Mexico’s consumer-goods companies adopt budget-friendly eye-tracking as digital advertising sophistication rises. Acquisition activity, such as Apple’s USD 22 million purchase of Datakalab, underscores the region’s appetite for embedded neural-analysis capability.
Asia Pacific is growing at a 7.97% CAGR through 2030 and will narrow the regional revenue gap as China, India, Japan, and South Korea integrate neuromarketing into omnichannel retail, gaming, and automotive experiences. Government research grants in China support neuro-AI startups that partner with global brands, while India’s direct-to-consumer platforms deploy EEG headbands in usability labs. Cultural norms that emphasize group harmony amplify the impact of social-cognition metrics, motivating local agencies to customize study protocols that capture collectivist cues. Japan’s electronics giants and South Korea’s entertainment groups pioneer immersive XR laboratories that fuse fNIRS with haptic feedback to refine product launches.
Europe maintains healthy demand anchored by Germany’s automotive heritage, France’s luxury-goods creativity, and the United Kingdom’s media-agency innovation. Stringent GDPR enforcement propels edge-analytics and federated-learning solutions that limit personal-data transfer, positioning European vendors as global benchmarks for ethical neuromarketing. Academic networks such as the Human Brain Project spin off instrumentation advances that flow into commercial offerings. Privacy-focused reputation attracts multinational brands facing rising consumer skepticism, turning compliance sophistication into a revenue catalyst. Long-run opportunities also emerge in South America, the Middle East, and Africa as digital infrastructure accelerates and multinational retailers localize omnichannel strategies.
Competitive Landscape
More than 30 active suppliers make the neuromarketing arena moderately fragmented, yet competitive intensity rises as large technology companies enter through acquisition. No single provider exceeds 15% market share, leaving room for niche specialists that differentiate on modality depth, vertical expertise, or privacy engineering. Smart Eye’s absorption of iMotions combines automotive occupant monitoring with lab-grade analytics, broadening addressable use cases. Apple’s move for Datakalab signals platform players’ interest in embedding neural-insight engines inside consumer ecosystems such as app-store ad networks and mixed-reality headsets.
Technology roadmaps diverge. Hardware-centric firms focus on dry electrodes, optode miniaturization, and edge compute. Software-centric peers invest in transformer models that fuse EEG, eye tracking, and facial coding to deliver single-score ad-effectiveness indices. Privacy-first challengers champion zero-knowledge proofs and homomorphic encryption that reassure privacy-sensitive clients. Geographic expansion strategies adjust to regulatory patchwork: U.S. vendors open data centers inside the European Union, and European vendors partner with Chinese cloud providers for compliance localization.
Strategic partnerships proliferate. The Prophesee-Tobii alliance brings event-based sensors that reduce eye-tracking latency below 10 ms, critical for action-game testing and automotive human-machine-interface development. IDUN Technologies collaborates with Analog Devices to showcase brain-sensing earbuds that may popularize passive neuromarketing data capture within audio-streaming services. Venture funding concentrates on start-ups with portable or consumer-grade form factors that unlock mass-market behavioral insights. Competitive positioning now hinges on mastery of compliance, AI scale, hardware ergonomics, and demonstrable ROI benchmarks.
Neuromarketing Industry Leaders
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Immersion Neuroscience
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Buyology Inc.
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Merchant Mechanics Inc.
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Emotion Research LAB
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The Nielsen Company LLC (Nielsen Consumer Neuroscience)
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: Prophesee and Tobii formed a strategic partnership to create low-latency event-based eye-tracking modules for extended-reality headsets.
- February 2025: Nihon Kohden acquired NeuroAdvanced Corp to bolster its EEG analytics portfolio and enter commercial neuromarketing services.
- January 2025: IDUN Technologies and Analog Devices unveiled a 4-channel brain-sensing earbud prototype at CES 2025, signaling progress toward consumer-grade neural interfaces.
- October 2024: Neurons Inc raised USD 6.98 million in funding from Google for Startups and Fairpoint Capital to expand its AI-driven neuromarketing platform globally.
Global Neuromarketing Market Report Scope
Neuromarketing is the field of marketing that uses medical technologies such as Functional Magnetic Resonance Imaging (fMRI) to study the brain's responses to marketing stimuli. It is a formal study of the brain's responses to advertising and branding and the adjustment of those messages based on feedback to elicit even better answers. Researchers use different technologies to measure specific types of brain activity in response to advertising messages. With this information, companies learn about the consumers' decision-making skills and the driving force toward their persona.
The Neuromarketing Market is Segmented by End-user Industry (BFSI, Retail/Consumer Brands, Market Research, and Scientific Institutions) and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| Banking, Financial Services and Insurance |
| Retail and Consumer Brands |
| Market Research Agencies |
| Scientific Institutions |
| Healthcare and Pharma |
| Other End Users |
| Electroencephalography (EEG) |
| Functional Magnetic Resonance Imaging (fMRI) |
| Eye Tracking |
| Biometrics (GSR, Heart Rate) |
| Facial Coding / Emotion AI |
| Functional Near-Infrared Spectroscopy (fNIRS) |
| Other Technologies |
| Hardware / Devices |
| Software / Platforms |
| Services |
| Advertising and Media Testing |
| Product and Packaging Design |
| User Experience and Digital Analytics |
| Retail and In-Store Analytics |
| Pricing Research |
| Political and Social Campaign Testing |
| Other Applications |
| North America | United States |
| Canada | |
| Mexico | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Europe | Germany |
| France | |
| United Kingdom | |
| Italy | |
| Spain | |
| Russia | |
| Rest of Europe | |
| Asia Pacific | China |
| Japan | |
| India | |
| South Korea | |
| Australia and New Zealand | |
| Rest of Asia Pacific | |
| Middle East | Saudi Arabia |
| United Arab Emirates | |
| Turkey | |
| Rest of Middle East | |
| Africa | South Africa |
| Egypt | |
| Nigeria | |
| Rest of Africa |
| By End Users | Banking, Financial Services and Insurance | |
| Retail and Consumer Brands | ||
| Market Research Agencies | ||
| Scientific Institutions | ||
| Healthcare and Pharma | ||
| Other End Users | ||
| By Technology | Electroencephalography (EEG) | |
| Functional Magnetic Resonance Imaging (fMRI) | ||
| Eye Tracking | ||
| Biometrics (GSR, Heart Rate) | ||
| Facial Coding / Emotion AI | ||
| Functional Near-Infrared Spectroscopy (fNIRS) | ||
| Other Technologies | ||
| By Offering | Hardware / Devices | |
| Software / Platforms | ||
| Services | ||
| By Application | Advertising and Media Testing | |
| Product and Packaging Design | ||
| User Experience and Digital Analytics | ||
| Retail and In-Store Analytics | ||
| Pricing Research | ||
| Political and Social Campaign Testing | ||
| Other Applications | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Europe | Germany | |
| France | ||
| United Kingdom | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Rest of Europe | ||
| Asia Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Australia and New Zealand | ||
| Rest of Asia Pacific | ||
| Middle East | Saudi Arabia | |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Egypt | ||
| Nigeria | ||
| Rest of Africa | ||
Key Questions Answered in the Report
How large is the neuromarketing market in 2025 and what is its growth outlook?
The neuromarketing market size is USD 1.71 billion in 2025 and is projected to expand to USD 2.38 billion by 2030, registering a 6.84% CAGR.
Which end-user segment is growing fastest in neuromarketing adoption?
Healthcare and pharma applications lead growth at a 7.21% CAGR through 2030 as firms apply neuroscience to patient engagement and drug-marketing strategies.
What technology segment is gaining share against electroencephalography?
Functional near-infrared spectroscopy is pacing at a 7.43% CAGR due to its portability and integration with immersive platforms, narrowing the gap with EEG.
Which region offers the highest growth potential for neuromarketing vendors?
Asia Pacific is the fastest-growing geography with a 7.97% CAGR, driven by rapid digitalization and supportive government investment in neurotechnology.
How do privacy regulations influence neuromarketing platform design?
Laws such as California SB 1223 and GDPR force vendors to adopt opt-in consent, federated learning, and differential privacy, adding compliance cost but creating trust-based competitive advantages.
What recent strategic moves signal consolidation in the neuromarketing field?
Apple's USD 22 million purchase of Datakalab and Smart Eye's acquisition of iMotions demonstrate growing interest from technology majors seeking embedded neural-insight capabilities.
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