Neuromorphic engineering, also known as neuromorphic computing, was developed describing the use of very-large-scale integration (VLSI) systems containing electronic analog circuits to mimic neuro-biological architectures present in the nervous system.
This means that chips made using those technologies are smart and can represent the human brain. The usage of those chips makes the instrument not only more reliable but also increases its performance. The reason why voice- and gesture-controlled devices work effectively is because of those chips. The usage of these chips is not only limited to one or two functions. High tech robots, future concepts of cars, and others are anticipated to use this technology.
Increase in dependency of software in industries such as aerospace & defense, IT & telecom, and medical and modernization of industries drive the growth of the neuromorphic computing software market. Adoption of speech or biometric recognitions also boost the market. With the increase in wearable devices, IoT is also projected to fuel the growth of the market.
However, the complexity in implementing and concerns over security & privacy are some of the restraints in the path of its growth.
In 2019, the market size of Neuromorphic Chip is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Neuromorphic Chip.
This report studies the global market size of Neuromorphic Chip, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Neuromorphic Chip production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Applied Brain Research
BrainChip Holdings
General Vision
HRL Laboratories
HP Development Company
IBM Corporation
Intel Corporation
Lockheed Martin Corporation
Qualcomm Technologies
Samsung Electronics
Market Segment by Product Type
Hardware
Software
Market Segment by Application
Image Recognition
Signal Recognition
Data Mining
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Neuromorphic Chip status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Neuromorphic Chip manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Neuromorphic Chip are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Neuromorphic Chip. Industry analysis & Market Report on Neuromorphic Chip is a syndicated market report, published as Global (United States, European Union and China) Neuromorphic Chip Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Neuromorphic Chip market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.