The Neuromorphic Computing Market research study provides critical market data, such as growth-influencing factors, roadblocks, and opportunities and strategies for overcoming them. The study also includes industry data, such as market value, share, CAGR, size, and so on, to make market research easier for new entrants. The research also examines the economy, politics, society, law, and the environment.
Key Highlights of the Neuromorphic Computing Market Analysis include:
- The report includes historical, forecast data, which is used to make future predictions and industry analysis.
- The report includes information on regional and global trade, as well as consumption value and production capacity for each country.
- Additional essential metrics used for market growth research include Porter's five forces analysis, value chain analysis, and SWOT analysis.
- For 2020 and 2021, the study provides concise insights into how the pandemic has affected demand.
- Profiles of some of the major players in the global Neuromorphic Computing Market, which include 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.
The Global Neuromorphic Computing Market 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.
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The global Neuromorphic Computing Market research report utilizes both primary and secondary data sources. Government laws, market circumstances, competitive levels, historical data, market status, anticipated changes in linked firms, market volatility, and prospects are just a few of the industry-affecting elements studied during the research process.
Key Impact Factors of the Market:
Due to the desire for higher performing integrated circuit (ICS), the rise in artificial intelligence and machine learning (MI) demand, and the growing number of cross-industry alliances and collaborations are all propelling the market growth.
The global Neuromorphic Computing Market is segmented on the basis
By Offering
- Hardware
- Software
By Deployment
- Edge Computing
- Cloud Computing
By Application
- Signal Processing
- Image Processing
- Data Processing
- Object Detection
- Others
By End User
- Aerospace
- Military & Defense
- Automotive
- Medical
- Others
Regional Analysis for Neuromorphic Computing Market:
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia, Singapore, Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Industry News of the Market:
- 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
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