The Global Neuromorphic Computing Market reached USD 48.3 million in 2022 and is projected to witness lucrative growth by reaching up to USD 6,801.9 million by 2030. The global neuromorphic computing market is expected to exhibit a CAGR of 91.5% during the forecast period (2024-2031).
Neuromorphic Computing Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Neuromorphic computing is a field of computing that designs hardware and software systems inspired by the structure, function, and plasticity of the human brain. It aims to create energy-efficient, brain-like systems capable of processing sensory data, learning in real-time, and adapting autonomously. This approach uses specialized architectures such as spiking neural networks (SNNs) and neuromorphic chips to emulate neural behavior.
List of the Key Players in the Neuromorphic Computing Market:
Brain Corporation, CEA-Leti, General Vision, inc, Hewlett Packard Company, HRL Laboratories, LLC, International Business Machines Corporation, Intel Corporation, Knowm Inc, Qualcomm Technologies, Inc, and Samsung Electronics Co., Ltd among others.
Industry Development:
In June 2023, researchers at Los Alamos National Laboratory developed a novel interface-type memristive device aimed at replicating the brain’s unmatched computing capabilities. Their findings suggest that this device could be used to build artificial synapses for next-generation neuromorphic computing systems.
Research Process:
Both primary and secondary data sources have been used in the global Neuromorphic Computing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Neuromorphic Computing Market:
By Offering: Hardware, Software
By Deployment: Edge Computing, Cloud Computing
By Application: Image Recognition, Signal Recognition, Data Mining, Others
By End-user: Consumer Electronics, Automotive, IT & Telecom, Aerospace & Defense, Healthcare, Others
Regional Analysis for Neuromorphic Computing Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Neuromorphic Computing market?
➠ Who are the leading manufacturers in the global Neuromorphic Computing industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Neuromorphic Computing industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Neuromorphic Computing market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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