Neuromorphic Computing Market to Grow at a CAGR of 93.78% During the Forecast Period | Leading Players: IBM Corporation, Hewlett-Packard, Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Inc.

theNeuromorphic Computing Market” research report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It uses several approaches for analyzing the data of the target market such as primary and secondary research methodologies. Neuromorphic Computing market research is an intelligence report that provides accurate and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. It includes investigations based on historical records, current statistics, and futuristic developments. It centers around the real drivers and restrictions for the key players and presents challenge status with development prospects.

Global Neuromorphic Computing was valued at USD 0.25 million in 2021 and is expected to reach at a CAGR of 93.78% during the forecast period. Neuromorphic computing is the most recent advancement in the field of artificial intelligence (AI), with an emphasis on expanding AI into areas that mimic human cognition, such as autonomous adaptations, and interpretations. This technical advancement over AI based on neural networks and algorithms, where outputs have been primarily dependent on the trend that a certain data set has seen in the past, and where the issue statement lacks any human context.

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Neuromorphic Computing Market Competitive Landscape

The market research report deals with an in-depth competitive analysis which includes company profiles of the key market players that are operating in the global market. The section also contains information related to new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding of the competitive landscape prevailing in the global market. With an emphasis on strategies, there have been several primary developments done by major companies such as IBM Corporation; Hewlett Packard; Samsung Electronics Co. Ltd.; Intel Corporation; Qualcomm Inc.; Brain Corporation; General Vision Inc.; HRL Laboratories; vicarious; CEA-Leti, Knowm Inc.; And Numenta.

Neuromorphic Computing Market segmentation overview

The market segmentation of the global Neuromorphic Computing market has been done based on technology, product, distribution channel application, vertical industry, and end-user. Apart from this, the segmentation is also being done based on the geographical landscape. The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Neuromorphic Computing market has been segmented By Offering (Hardware & Software), By Deployment (Edge Computing & Cloud Computing), By Application (Signal Processing, Image Processing, Data Processing, Object Detection), By End Users (Aerospace, Military, & Defense, Automotive, Medical)

Recent Developments in Global Neuromorphic Computing

✅ October 2020- Intel Federal LLC and Sandia National Laboratories (Sandia) have established a three-year collaboration to study use of such neuromorphic computing for graded computational issues.

✅ March 2020- Pohoiki Springs, Intel’s latest and yet most efficient neuromorphic research system, is scheduled to be finished, and will have a processing capacity of 100 million neurons.

✅ June 2019- According to Intel, an 8 million-neuron neuromorphic system comprised of 64 loihi research processors will be made available to the broader research field

Key Region/Countries are classified as follows:

The regional assessment of the Neuromorphic Computing market has been carried out in six key regions including North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. Furthermore, the report also provides deep insights into the ongoing R&D activities, revenue, innovative services, the actual status of supply and demand, and pricing strategy. Further, this report also provides details on consumption figures, export/import supply, and gross margin by region. The following regions are covered in the report are:

» 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States, Canada, and Mexico

» 𝗦𝗼𝘂𝘁𝗵 & 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Argentina, Chile, Brazil and Others

» 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

» 𝗘𝘂𝗿𝗼𝗽𝗲: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

» 𝗔𝘀𝗶𝗮-𝗣𝗮𝗰𝗶𝗳𝗶𝗰: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

Most Frequently Asked Questions:

➣ What is the projected market size & growth rate of the Neuromorphic Computing Market?

➣ What are the main driving forces behind the Neuromorphic Computing Market’s expansion?

➣ What are the leading companies present in the Neuromorphic Computing Market?

➣ Which market segments does the Neuromorphic Computing Market cover?

➣ During the forecast period, which region or sub-segment is anticipated to lead the market?

The major points covered in the table of contents:

📌 Overview: This part provides a summary of the report, as well as a broad overview of the global Neuromorphic Computing Market, to offer an understanding of the nature and contents of the research study.

📌 Market Analysis: The research forecasts the market share of key segments of the Neuromorphic Computing Market with accuracy and reliability. This study may be used by industry participants to make strategic investments in key growth areas of the Neuromorphic Computing Market.

📌 Analysis of Leading Players’ Strategies: This report can be used by market participants to acquire a competitive advantage over their rivals in the Neuromorphic Computing Market.

📌 Regional Growth Analysis: The report covers all of the key areas and countries. The regional analysis will assist market players in tapping into untapped regional markets, developing unique regional strategies, and comparing the growth of all regional markets.

📌 Market Forecasts: Report purchasers will get access to precise and validated estimations of the entire market size in terms of both value and volume. The study also includes estimates for the Neuromorphic Computing Market in terms of consumption, production, sales, and other factors.

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