Neuromorphic Computing Market Overview

As per recent research by MarkNtel Advisors, the global Neuromorphic Computing Market is estimated to grow at a CAGR of around 81.1% during the forecast period, i.e., 2024-30.

Neuromorphic Computing Market Dynamics

Market Drivers : Rising Demand for High-performance Integrated Circuits (ICs) –

The limitations of reducing the size & number of transistors on integrated circuits (ICs) have been creating the demand for new-generation and highly effective neuromorphic chips across the globe. End-user industries like consumer electronics, automotive, etc., have been observed to prefer neuromorphic chips as they offer a substantial boost in processing power, enabling more complex computations & data handling in comparison to traditional chips.

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Neuromorphic Computing Market Segmentation Overview 2024-2030: Key Factors

By Component

-Hardware- Market Size & Forecast 2019-2030, USD Million

-Processor- Market Size & Forecast 2019-2030, USD Million

-Memory Modules- Market Size & Forecast 2019-2030, USD Million

-Software- Market Size & Forecast 2019-2030, USD Million

-Services- Market Size & Forecast 2019-2030, USD Million

By Deployment

-Cloud Computing- Market Size & Forecast 2019-2030, USD Million

-Edge Computing- Market Size & Forecast 2019-2030, USD Million

By Application

-Image Recognition- Market Size & Forecast 2019-2030, USD Million

-Signal Recognition- Market Size & Forecast 2019-2030, USD Million

-Data Mining- Market Size & Forecast 2019-2030, USD Million

-Others (Cognitive Computing, Neuroscience Research, etc.) - Market Size & Forecast 2019-2030, USD Million

By End User

-Consumer Electronics- Market Size & Forecast 2019-2030, USD Million

-IT & Telecommunication- Market Size & Forecast 2019-2030, USD Million

-Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million

-Healthcare- Market Size & Forecast 2019-2030, USD Million

-Industrial Manufacturing- Market Size & Forecast 2019-2030, USD Million

-Automotive- Market Size & Forecast 2019-2030, USD Million

-Others (BFSI, Education, etc.) - Market Size & Forecast 2019-2030, USD Million

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Neuromorphic Computing Market Geographical Insights:

By Region:

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Key Players and Competitive Strategies in the Neuromorphic Computing Market

Several prominent players dominate the Neuromorphic Computing Market, including:

• International Business Machines Corporation
• Brain Corporation
• Prophesee S.A.
• General Vision inc
• Hewlett Packard Company
• Intel Corporation
• Knowm Inc
• Qualcomm Technologies Inc
• Samsung Electronics Co. Ltd
• Other

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Questions Addressed in this Study

1.How big is the Neuromorphic Computing Market Size?

2.What is the Neuromorphic Computing Market Growth?

3.Who are the key players of the Neuromorphic Computing Market?

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