By Component (Hardware, Software, Services), By Deployment (Cloud Computing, Edge Computing), By Application (Image Recognition, Signal Recognition, Data Mining, Others), By End Us......er (Consumer Electronics, IT & Telecommunication, Aerospace & Defense, Healthcare, Industrial Manufacturing, Automotive, Others), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (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) Read more
- ICT & Electronics
- Nov 2023
- 187
- PDF, Excel, PPT
Market Definition
Neuromorphic Computing is a specialized computing that utilizes structure from the human brain, i.e., neurons. It is based on the replication of neural networks, which is used in artificial environment to generate human-specific responses, including image recognition, speech recognition, data processing, etc. It leverages hardware inspired by the human brain and includes specialized chips & circuits that are generally used in devices based on artificial intelligence.
Market Insights & Analysis: Global Neuromorphic Computing Market (2024-30):
The Global Neuromorphic Computing Market is estimated to grow at a CAGR of around 81.1% during the forecast period, i.e., 2024-30. The major factor that has been driving the growth of the market is the rising demand for AI & ML technologies across various end-user industries. In line with the automation of industrial and manufacturing units across countries like India, the UAE, China, etc., companies have been largely inclining toward the integration of AI and ML software across their industrial units. To regulate & monitor large volumes of data across these industries, the demand for energy-efficient and effective integrated chips has enhanced, fueling the demand for neuromorphic computing software during the historical years.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 81.1% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Singapore, Rest of Asia-Pacific | |
| South America: Brazil, Rest of South America | |
| Middle East & Africa: GCC, South Africa Rest of MEA | |
| Key Companies Profiled | 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 |
| Unit Denominations | USD Million/Billion |
Further, in recent years, the demand for neuromorphic computing technologies has improved across the healthcare sector. This has been coming after the improved need for AI & ML software across the healthcare segments, including cardiology, neurology, etc. Moreover, artificial intelligence has been in high demand for the diagnosis and monitoring of cardiac and neural diseases, as it allows us to easily process and interpret the large volume of data coming from these diagnostic devices. Therefore, as the demand for AI and ML software would improve further across the healthcare segment, the need for better computing software like neuromorphic computing would also enhance in the forthcoming years.
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.
Global Neuromorphic Computing Market Research Report (2024-2030) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Neuromorphic Computing Market Patent Analysis
- Global Neuromorphic Computing Market Start-up Ecosystem
- Entrepreneurial Activity
- Year-on-Year Funding Received
- Funding Received by Top Companies
- Key Investors Active in the Market
- Series-wise Funding Received
- Seed Funding
- Angel Investing
- Venture Capitalist (VC) Funding
- Others
- Global Neuromorphic Computing Market Trends & Developments
- Global Neuromorphic Computing Market Dynamics
- Growth Drivers
- Challenges
- Global Neuromorphic Computing Market Regulations, Policies & Standards
- Global Neuromorphic Computing Market Hotspots & Opportunities
- Global Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- 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
- Hardware- 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
- By Company
- Competition Characteristics
- Revenue Shares & Analysis
- By Component
- Market Size & Analysis
- North America Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Mexico Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Rest of South America
- Brazil Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User - Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User - Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Spain Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- GCC
- South Africa
- Rest of MEA
- GCC Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Africa Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By Deployment- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- India
- Japan
- South Korea
- Singapore
- Rest of Asia-Pacific
- China Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User - Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User - Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Korea Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Singapore Neuromorphic Computing Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Component- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Neuromorphic Computing Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profiles
- International Business Machines Corporation
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Brain Corporation
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Prophesee S.A.
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- General Vision, inc
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hewlett Packard Company
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Intel Corporation
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Knowm Inc
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Qualcomm Technologies, Inc
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Samsung Electronics Co., Ltd
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Silicon Storage Technology Inc.
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- TECHiFAB GmbH
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Applied Materials, Inc.
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Micron Technology
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SK Hynix Inc.
- Business Description
- Technology Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- International Business Machines Corporation
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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