Neuromorphic Computing Market is expected to grow from USD 6.6 Million in 2016 to USD 272.9 Million by 2027, at a CAGR of 86% during the forecast period.
He said the major factor driving the growth of the market is the growth of the sensor market. Increasing demand for artificial intelligence and machine learning; Increasing software adoption in applications such as continuous online learning, real-time data streaming, predictive analytics and data modeling The need for better performance ICs; Increasing demand for neuromorphic computing in applications such as video monitoring, machine vision and voice identification; End of Moore’s Law leading to new ways of computing.
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The neuromorphic computing ecosystem consists of neuromorphic chips and software providers such as IBM Corp. (U.S.), Hewlett Packard Enterprise (U.S.), Samsung Group (South Korea), Intel Corp. (U.S.), HRL Laboratories, LLC (U.S.), General Vision Inc. (U.S.), Applied Brain Research Inc. (U.S.), and BrainChip Holdings Ltd. (U.S.).
By Offering:
- Hardware
- Software
By Application:
- Image Recognition
- Signal Recognition
- Data Mining
By Industry:
- Aerospace & Defense
- IT & Telecom
- Automotive
- Medical
- Industrial
- Others
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Scope of the Report
The research study analyzes the global Neuromorphic Computing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Neuromorphic Computing Market Report
1. What was the Neuromorphic Computing Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Neuromorphic Computing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Neuromorphic Computing Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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