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Neuromorphic Computing Market Size, Trends, Key Players, Demand Analysis, Regional Outlook and Forecast

Submitted by Animesh233 on Fri, 09/16/2022 - 05:36

Market Overview:

The requirement for better performing ICs, expansion popular for computerized reasoning and AI, and expanding the number of cross-industry organizations and joint efforts are key variables driving the development of the market. Computerized reasoning (AI) is being taken on in ventures like clinical, media, diversion, telecom, utility, aviation, military, customer gadgets, food, refreshments, and funneling.

Neuromorphic Computing Market is predicted to touch USD 8,351 Million at a whopping 21% CAGR between 2020- 2030, reveals the latest Market Research Future (MRFR) report.

A mix of AI frameworks and AI is set to reform the business climate with savvy choices. Notwithstanding, a few variables, for example, the absence of information about neuromorphic registering and complex calculations expanding the intricacy of planning equipment of neuromorphic chips, are obstructing the development of the neuromorphic figuring market. Additionally, matching a human's adaptability and capacity to gain from unstructured upgrades information can go about as a critical test in the market during the figure time frame.

Market Segmentation:

Neuromorphic Computing Market has been bifurcated dependent on Offering, End User, and Application.

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Programming Segment to Lead Neuromorphic Computing Market

In light of offering, the neuromorphic figuring market is fragmented into programming and equipment. Of these, the product portion will lead the market over the gauge time frame, while the neuromorphic figuring equipment section is anticipated to develop at the most elevated CAGR by 2025.

Picture Recognition Segment to Dominate Neuromorphic Computing Market

The worldwide neuromorphic registering applications incorporate article location, information mining, signal acknowledgment, picture acknowledgment, and others. Of these, the picture acknowledgment portion will rule the market over the conjecture time frame.

Customer Electronics Segment to Spearhead Neuromorphic Computing Market

End client divides the worldwide neuromorphic registering market divided into modern, IT and broadcast communications, aviation and safeguard, purchaser gadgets, auto, and others. Of these, buyer gadgets will initiate the market over the conjecture time frame.

Regional Analysis

North America to Lead Neuromorphic Computing Market
By district, the worldwide neuromorphic figuring market report covers the amazing open doors and late patterns across Europe, North America, the Asia Pacific (APAC), and the Rest of the World.

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The presence of vital participants like Qualcomm Incorporated, Intel Corporation, and IBM Corporation, developing requirement for AI-based applications, expanding reception in Mexico, Canada, and the US, blasting industry verticals like buyer gadgets, advanced mechanics innovation, aviation, and guard, and customer acknowledgment for new advances are adding to the worldwide neuromorphic registering market development in the locale.

Europe to Hold Second-Largest Share Neuromorphic Computing Market
The worldwide neuromorphic registering market in Europe is anticipated to hold the second-biggest offer over the estimated time frame. Developing reception of IoT-based frameworks, AI, and AI, in various enterprises, including aviation and protection, IT and telecom, auto, and others, and developing interest for better effectiveness and efficiency of the general cycle are adding to the worldwide neuromorphic figuring market development in the area.

Key Players

Invitation AG (Switzerland)
aiCTX AG (Switzerland)
Aspinity Inc (US)
Numenta(US)
Vicarious (US)
General Vision(US)
Qualcomm Incorporated (US)
HRL Laboratories (US)
Hewlett Packard Development LP (US)
BrainChip Holdings Ltd (Australia)
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Table Of Content
1 EXECUTIVE SUMMARY

1.1 GLOBAL NEUROMORPHIC COMPUTING MARKET, BY OFFERING 14

1.2 GLOBAL NEUROMORPHIC COMPUTING MARKET, BY APPLICATION 15

1.3 GLOBAL NEUROMORPHIC COMPUTING MARKET, BY END-USER 16

1.4 GLOBAL NEUROMORPHIC COMPUTING MARKET, BY REGION 17

2 MARKET INTRODUCTION

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 RESEARCH OBJECTIVE 18

2.4 MARKET STRUCTURE 19

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 20

3.2 PRIMARY RESEARCH 21

3.3 SECONDARY RESEARCH 22

3.4 MARKET SIZE ESTIMATION 22

3.5 FORECAST MODEL 24

3.6 LIST OF ASSUMPTIONS 25

4 MARKET DYNAMICS

Continued...

5 MARKET FACTOR ANALYSIS

Continued...

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