Neuromarketing Market Size and Share

Neuromarketing Market (2025 - 2030)
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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.

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.

Neuromarketing Market: Market Share by End Users
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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.

Neuromarketing Market: Market Share by Offering
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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.

Neuromarketing Market CAGR (%), Growth Rate by Region
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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

  1. Immersion Neuroscience

  2. Buyology Inc.

  3. Merchant Mechanics Inc.

  4. Emotion Research LAB

  5. The Nielsen Company LLC (Nielsen Consumer Neuroscience)

  6. *Disclaimer: Major Players sorted in no particular order
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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.

Table of Contents for Neuromarketing Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Need for Advanced Marketing Tools
    • 4.2.2 Proliferation of Smartphone-Based Real-Time Experience Tracking
    • 4.2.3 AI-Powered Predictive Attention Analytics Adoption
    • 4.2.4 Rising Demand for Privacy-Compliant, Opt-In Consumer Insights
    • 4.2.5 Integration of Neuromarketing with Immersive XR Platforms
    • 4.2.6 Growing Venture Funding in Neurotechnology Start-Ups
  • 4.3 Market Restraints
    • 4.3.1 High Capital Cost of Gold-Standard Neuroimaging (fMRI)
    • 4.3.2 Fragmented Regulatory Landscape and Data Privacy Constraints
    • 4.3.3 Shortage of Multidisciplinary Talent
    • 4.3.4 Consumer Skepticism over Subconscious Manipulation
  • 4.4 Industry Ecosystem Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Impact of Macroeconomic Factors
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By End Users
    • 5.1.1 Banking, Financial Services and Insurance
    • 5.1.2 Retail and Consumer Brands
    • 5.1.3 Market Research Agencies
    • 5.1.4 Scientific Institutions
    • 5.1.5 Healthcare and Pharma
    • 5.1.6 Other End Users
  • 5.2 By Technology
    • 5.2.1 Electroencephalography (EEG)
    • 5.2.2 Functional Magnetic Resonance Imaging (fMRI)
    • 5.2.3 Eye Tracking
    • 5.2.4 Biometrics (GSR, Heart Rate)
    • 5.2.5 Facial Coding / Emotion AI
    • 5.2.6 Functional Near-Infrared Spectroscopy (fNIRS)
    • 5.2.7 Other Technologies
  • 5.3 By Offering
    • 5.3.1 Hardware / Devices
    • 5.3.2 Software / Platforms
    • 5.3.3 Services
  • 5.4 By Application
    • 5.4.1 Advertising and Media Testing
    • 5.4.2 Product and Packaging Design
    • 5.4.3 User Experience and Digital Analytics
    • 5.4.4 Retail and In-Store Analytics
    • 5.4.5 Pricing Research
    • 5.4.6 Political and Social Campaign Testing
    • 5.4.7 Other Applications
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 France
    • 5.5.3.3 United Kingdom
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia and New Zealand
    • 5.5.4.6 Rest of Asia Pacific
    • 5.5.5 Middle East
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle East
    • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Egypt
    • 5.5.6.3 Nigeria
    • 5.5.6.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 The Nielsen Company LLC
    • 6.4.2 Neurons Inc.
    • 6.4.3 Immersion Neuroscience Inc.
    • 6.4.4 NVISO SA
    • 6.4.5 Cadwell Industries Inc.
    • 6.4.6 Compumedics Limited
    • 6.4.7 Merchant Mechanics Inc.
    • 6.4.8 Neural Sense (Pty) Ltd
    • 6.4.9 SR Labs SRL
    • 6.4.10 Synetiq Ltd.
    • 6.4.11 Mindspeller BV
    • 6.4.12 MindMetriks LLC
    • 6.4.13 Uniphore Technologies Inc.
    • 6.4.14 Tobii AB
    • 6.4.15 iMotions A/S
    • 6.4.16 Bitbrain Technologies SL
    • 6.4.17 Emotiv Inc.
    • 6.4.18 Shimmer Research Ltd.
    • 6.4.19 Myndlift Ltd.
    • 6.4.20 Blackbox Biometrics LLC
    • 6.4.21 Innerscope Research Inc.
    • 6.4.22 Eye Square GmbH
    • 6.4.23 HCL Technologies Limited (Neuromarketing Practice)
    • 6.4.24 Spark Neuro Inc.
    • 6.4.25 Affectiva Inc.
    • 6.4.26 Sensory Logic Inc.
    • 6.4.27 Neurotrend LLC
    • 6.4.28 SalesBrain LLC
    • 6.4.29 NeuroVision Marketing LLC
    • 6.4.30 Neuro-Insight Pty Ltd

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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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.

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
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
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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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