Neuromorphic Computing Market 2018 Global Trends, Emerging Technologies, Competitive Landscape, Size, Industry Growth and Segments by Forecast to 2023
Global Neuromorphic Computing Market is expected to grow at 49% CAGR through the forecast period.The market for neuromorphic computing market is segmented on the basis of application, offering, end-user and region. On the basis of offering, the segment is further classified into hardware and softwareSoftware is expected to hold the largest share of neuromorphic computing market, based on offering. Software has applications in video monitoring, machine vision, and voice identification. Increasing adoption of software in industries such as aerospace & defense, IT & telecom, and medical is driving the growth of the neuromorphic computing software market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5110
The interdisciplinary nature of neuromorphic computing has created a huge scope for the development of the market. Market intensive reports related to the semiconductors and electronics industry among others recently have been made available by Market Research Future which issues reports on this industry. The market is predicted to achieve USD 225 Mn in revenues over the forecast period.
The combination of biological neural networks as analogue or digital copies on electronic circuits has enabled higher growth of the market. As neuromorphic computing is much more effective and efficient than the traditional approaches, it has garnered a growing user base. Key features such as energy efficiency, robustness, and execution speed are increasing the demand for the market significantly. Several major chip makers are already producing the neuromorphic computing chip, and the rate is expected to develop significantly. Expedited efforts through the IT industry are speeding up the process to get their AI services into the hands of users, which are powered majorly by neuromorphic computing chips. However, the market that could find its growth restrained due to lack of R&D investments and knowledge about neuromorphic computing among consumers.
The segmentation of the neuromorphic computing market is carried out on the basis of offering, application, end-user and region. On the basis of the offerings, the segment comprises of hardware and software. The wide range of applications of the neuromorphic computing market includes object detection, signal recognition, image recognition, data mining and many more. The regions included in the market are Asia Pacific, Europe, North America and rest of the world. The end-user segment of the market comprises of segments such as consumer electronics, automotive, defense, automotive, and healthcare.
IBM Corp. (U.S.)
Hewlett Packard Enterprise (U.S.)
Samsung Group (South Korea)
Intel Corp. (U.S.)
HRL Laboratories, LLC (U.S.)
General Vision Inc. (U.S.)
Applied Brain Research Inc. (U.S.)
BrainChip Holdings Ltd. (U.S.)
Access Report PR @ https://www.marketresearchfuture.com/press-release/neuromorphic-computing-market
Detailed Regional Analysis:
The region wise segmentation of the market observes that the North America region is controlling the neuromorphic computing market globally. The nations such as the U.S., and Canada have a major share in the neuromorphic computing market globally. The key market in the North American region which contributes to the global market growth is the image recognition industry. The mounting demand for automation in nations such as China, South Korea, Brazil, and India is prompting the market growth in the Asia Pacific region. The European market is also achieving momentum due to the upsurge of opportunities for neuromorphic projects.
Global Competitive Analysis:
The key trends and players have established a positive tone for development. The competitors in the market are persistently trying to establish leading market positions through new policies and strategies. The experienced management in the companies operating in the market are creating business models which can bring about a fruitful phase of development. The competitors in the market are trying to succeed commercially by ensuring demand and supply are in balance. The contenders in the market are also leveraging their competitive advantages to secure their growth in the market. The momentum of the market’s growth has altered the competitive backdrop of the market. The market development by competitors also comprises of strong risk management.
Jan 2018 Intel has recently announced a milestone in its efforts to research and develop future computing technologies in neuromorphic computing. Intel's research into neuromorphic computing comprises of a new computing paradigm that draws inspiration from the functioning of the brain. This will aid in unlocking the exponential gains in power and performance efficiency for the future of artificial intelligence. To this end, they have developed a neuromorphic research chip, code-named "Loihi," which consist of digital circuits that impersonate the brain's basic operation. The Loihi chip combines training and inference on a single chip with the objective of making machine learning extra power efficient. Neuromorphic chips could eventually be used anywhere real world data needs to be processed in developing real-time environments. In the start of this year, Intel has planned to share the Loihi test chip with the top university and research institutions while relating it to more complex data sets and problems.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
LIST OF TABLES
Table 1 Global Neuromorphic Computing Market: By Region, 2017-2023
Table 2 North America Neuromorphic Computing Market: By Country, 2017-2023
Table 3 Europe Neuromorphic Computing Market: By Country, 2017-2023
Access Report Details @ https://www.marketresearchfuture.com/reports/neuromorphic-computing-market-5110
LIST OF FIGURES
FIGURE 1 Global Neuromorphic Computing Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Neuromorphic Computing Market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
+1 646 845 9312
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Neuromorphic Computing Market 2018 Global Trends, Emerging Technologies, Competitive Landscape, Size, Industry Growth and Segments by Forecast to 2023 here
News-ID: 1423391 • Views: 406
More Releases from Market Research Future
Medical Aesthetics Industry Size, Market Growth, Key Company Profile, Comprehens …
The “Global Medical Aesthetics Market Is Showing High Probabilities Of Achieving A CAGR Of 11% Between 2018 And 2023”. Medical aesthetics Industry covers the aesthetical aspect of the healthcare sector and includes well-being, noticeable skin changes, peripheral appearance, and image of the patient. Medical aesthetics include fuses beauty and healthcare services and are getting substantial traction not just from demand for upliftment of the looks but anti-aging as well. There are several
Clinical Trial Management System Market Demand, Industry Share, Size, Applicatio …
Clinical Trial Management System Market Analysis by Type (Enterprise Clinical Trial Management System), Delivery Model (Licensed Enterprise), Component (Service) and End-User (Medical Device Manufacturers), and Regional Competitive Share, Size and Trends, 2018-2023 Market Overview Clinical Trial Management System Market is mostly a software system which helps to plan, prepare, and manage a large amount of clinical trials data that is produced by biotechnological and pharmaceutical companies. Drug research has gained momentum in
Reusable Satellite Launch Vehicle (RSLV) Market 2019-2023 | Report Information b …
Global Reusable Satellite Launch Vehicle Market Report Information by Configuration (Single Stage, Multiple Stage), by Type (Partially Reusable, Fully Reusable), Vehicle Weight (Up to 4,000lbs, 4000-9000lbs, Over 9000lbs), & by Region - Forecast Till 2023 The Reusable satellite launch vehicle market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023. The key players in the reusable satellite launch vehicle market are Airbus S.A.S
Bakery Enzymes Market Global Research Report and Top Key Players: AB Enzymes Gmb …
Market Overview The increasing demand for bakery products in the food and beverage industry including, bread, cookies, and pastries are raising the demand for bakery enzymes at a global level. Enzymes are an important ingredient used in most bakery products. There are two scenarios regarding the use of enzymes, either the enzymes are used to convert the raw material into the main product, or the enzymes are used as additives to
More Releases for Neuromorphic
Neuromorphic Chip Market: U.S. Neuromorphic Chip Market Projected to Register Hi …
The global neuromorphic chip market is expected to witness a significant surge by the end of 2026. The market will record a CAGR of 20.7% within the forecast period (2016 – 2026). The value of the global neuromorphic chip market crossed US$ 1,420 Mn in 2015 and is expected to touch an approximate value of US$ 10,810 Mn by the end of 2026. The market is likely to showcase an
Neuromorphic Computing Market Lucrative Opportunities Across Globe
Neuromorphic computing or neuromorphic engineering has been described as the use of large integration systems containing numerous analog circuits allowing the replication of neuro-biological behaviors existing in a human’s nervous system. The neuromorphic computing platform consists of two vital systems based on the custom hardware architecture. Such systems are designed to program neural microcircuits by applying brain-like thought process in cognitive computing and machine learning process. This procedure enables a
Neuromorphic Chip Market Lucrative in Various Regions
Technological advancements in the open-ended dominion of Artificial Intelligence (AI) are demanding advanced neuromorphic chips to serve as processors from machine learning and automated reasoning operations. According to a latest research by Future Market Insights, development of AI systems is fuelling the growth of global demand for neuromorphic chips. Scientists and researchers developing diverse AI platforms are integrating neuromorphic chips to improve smart functioning and reasoning abilities of machines. Governments from
Neuromorphic Chip Market Lucrative in Industrial Sectors
Neuromorphic chips, the electronic chips inspired from the human brain, which works with the help of signals sent and received through a network of millions of neurons, are witnessing a significant rise in applications and expected to bring massive changes in the way machines operate. Encouraging advancements seen in the field of miniaturized integrated circuits and the increased use of such miniature electronic chips across sectors such as medical devices
Global Neuromorphic Chip Market 2017 - IBM , Qualcomm
Global Neuromorphic Chipmarket 2017 Research Report offers a complete and in-depth analysis of the growth rate of the Neuromorphic Chip industry. In the first section, Neuromorphic Chip Market report presents the overview of Neuromorphic Chip industry which includes definitions, classifications, applications and Neuromorphic Chip industry chain structure. Global Neuromorphic Chip Market further includes Neuromorphic Chip development history, competitive analysis of Neuromorphic Chip industry. Top leading Manufacturers Analysis of Neuromorphic Chip:- 1IBM 2Qualcomm 3General Vision 4Audience 5Numenta 6HP 7Samsung Group 8Intel 9HRL
Global Neuromorphic Chip Market Research Report 2016
The study presents a comprehensive overview of the global Neuromorphic Chip Market and delves into discussing the growth drivers, restraints, and potential opportunities. It provides an executive level blueprint on the market, with key focus on evaluating the market trends exhibited in the emerging regional markets. In a coherent chapter-wise format the report presents the historical data and statistics of the market and evaluates how the demand and supply trends