The Global Neuromorphic Computing Market size is estimated to grow at a CAGR of around 81.1% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Neuromorphic Computing Market Driver:
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.
Further, the IT industry, in recent years, has started looking for computing technologies that enable self-learning capacity & require minimum manual input. This has further led market players to introduce computing chips to better processing features to the IT industry. For instance:
In 2023, BrainChip Holdings Ltd teamed up with VVDN Technologies, a prominent electronics engineering and manufacturing firm, to introduce the industry's inaugural Edge box based on neuromorphic technology. This Edge box harnesses BrainChip's Akida™ processors, which mimic the human brain's structure & functionality.
Therefore, with the increasing requirement for high-performance ICs, especially across the IT & Telecom sectors, neuromorphic chips are projected to witness improved demand in coming years as well.
Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/neuromorphic-computing-market.html
Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Browse Full Report including(TOC+ List of Table and Figures): https://www.marknteladvisors.com/research-library/neuromorphic-computing-market.html
Global Neuromorphic Computing Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, 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, Silicon Storage Technology Inc., TECHiFAB GmbH, Applied Materials, Inc., Micron Technology, SK Hynix Inc., Other are looking forward to strengthening their market positions.
Have questions? Our consultant is ready to assist: https://www.marknteladvisors.com/query/talk-to-our-consultant/neuromorphic-computing-market.html
Data-Driven Insights Backed by Proven Research
We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact Us
MarkNtel Advisors
Email: sales@marknteladvisors.com
Website: www.marknteladvisors.com
Latest Press Release - https://www.marknteladvisors.com/press-release
