Global Neuromorphic Chip Market By Overview
Introduction
A neuromorphic chip is an analogue data processor inspired by the biological brain. Neuromorphic chip is the design of an artificial synapse that can precisely control the strength of an electric current flowing across it, similar to the way ions flow between neurons in the brain.
Global Neuromorphic Chip Market By Dynamics
The increasing demand for artificial intelligence-based on microchips by using a neuromorphic chip which is the major propelling factor for the growth of the global market. For instance, Intel released the new neuromorphic prototype that simulates a total of 130,000 neurons and 130 million synapses, all capable of communicating with each other. Additionally, it also provides security and uses in the investigation of the crime which is another fueling factor for the growth of the global market. However, the need for a high level of precision and complexity in hardware design which is the main restraining factor for the growth of the target market. Moreover, to improve neuromorphic chip there is need for significant initial investment which is another hampering factor for the growth of the global market.
Global Neuromorphic Chip Market By Segmentation
The global neuromorphic chip market is segmented based on application, end-user, and region.
Based on application, the global market is classified into single processing, image recognition, data processing, and others. Others are the dominating segment it includes automotive, consumer electronics due to increase use of automotive and electronics. Based on end-user, the target market is bifurcated into aerospace & defence, healthcare, and others.
Based on the region the global neuromorphic chip market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia- Pacific is the dominating region in the target market due to increasing security concern and increasing adoption of the aerospace technology. Europe region is expected to dominate the global market over the forecast period due to increasing healthcare concern and for the defence purpose.
Global Neuromorphic Chip Market, By Application:
- Single Processing
- Image Recognition
- Data Processing
- Others
Global Neuromorphic Chip Market, By End- User:
- Aerospace & Defense
- Healthcare
- Others
Global Neuromorphic Chip Market, By Region:
- North America
- North America Neuromorphic Chip Market, By Application
- North America Neuromorphic Chip Market, By End- User
- North America Neuromorphic Chip Market, By Country
- U.S.
- Canada
- Europe
- Europe Neuromorphic Chip Market, By Application
- Europe Neuromorphic Chip Market, By End- User
- Europe Neuromorphic Chip Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Neuromorphic Chip Market, By Application
- Asia Pacific Neuromorphic Chip Market, By End- User
- Asia Pacific Neuromorphic Chip Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Neuromorphic Chip Market, By Application
- Latin America Neuromorphic Chip Market, By End- User
- Latin America Neuromorphic Chip Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Neuromorphic Chip Market, By Application
- Middle East & Africa Neuromorphic Chip Market, By End- User
- Middle East & Africa Neuromorphic Chip Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Neuromorphic Chip Market By Key Players
The key players operating the global neuromorphic chip market involves Hewlett Packard Enterprise Co., Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., IBM Corporation, Brain Corporation, and General Vision Inc. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in 2017, the labs of Hewlett Packard have been in collaboration with the government (US Office of Science and Technology) and the industry becomes partners which are interested in neuromorphic chip computing to develop the technology.
Global Neuromorphic Chip Market By Key Issues Addressed
- What is the total revenue potential of the global neuromorphic chip market? How that market is expected to grow during the study period?
- What are some of the major growth opportunities in the neuromorphic chip market?
- Which companies are the major players in the neuromorphic chip market?
Global Neuromorphic Chip Market By Company Profile
- Hewlett Packard Enterprise Co.
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- Company Overview
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- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategy
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- Samsung Electronics Co. Ltd.
- Intel Corporation
- Qualcomm Technologies Inc.
- IBM Corporation
- Brain Corporation
- General Vision Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Neuromorphic Chip Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Application
- Market Snippet, By End- User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Neuromorphic Chip Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Single Processing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Image Recognition
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Data Processing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Neuromorphic Chip Market, By End- User, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Aerospace & Defense
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Neuromorphic Chip Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End- User, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End- User, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End- User, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End- User, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End- User, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Hewlett Packard Enterprise Co
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Samsung Electronics Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Intel Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Qualcomm Technologies Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IBM Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brain Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Vision Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Prominent.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
neuromorphic chip market accounted for US $1.952Bn in 2020 and is projected to register a moderate CAGR of 24.60%
The market report has been segmented based on application, end-user, and region.
The Neuromorphic Chip Market is driven by factors such as the increasing demand for artificial intelligence (AI) applications, advancements in neuromorphic computing technologies, and the need for energy-efficient and high-performance computing solutions.
the complexity of neuromorphic chip design, challenges in achieving mass production at cost-effective prices, and the need for standardization in neuromorphic computing architectures.
The report covers regions globally, with a focus on areas experiencing significant developments in AI and semiconductor industries. It's essential to refer to the latest reports for updated information on the dominant region in the Neuromorphic Chip Market.
The prominent player operating in the global neuromorphic chip market includes Hewlett Packard Enterprise Co., Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Technologies Inc., IBM Corporation, Brain Corporation, and General Vision Inc.