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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