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Neuromorphic Chip Market: Top end-user industry Aerospace & Defense, IT & Telecom, Automotive, Medical & Industrial - Global Opportunity Analysis and Industry Forecast 2017-2023

02-05-2019 07:08 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Neuromorphic Chip Market: Top end-user industry Aerospace &

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. 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.

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The market for global neuromorphic chip market is segmented on the basis of offering, application, and industry. Based on offering, the market is bifurcated into hardware and software. By application segment, it is classified into image recognition, signal recognition, and data mining. The various industrial segments are aerospace & defense, IT & telecom, automotive, medical, industrial and others.

KEY BENEFITS FOR STAKEHOLDERS:
•This report provides an extensive analysis of the current and emerging market trends and dynamics in the global neuromorphic chip market.
•The market definition along with key points for growth and the probable factors causing the restraints are discussed.
•In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2023.
•Geographically, the market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
•Exhaustive analysis of the market by type helps understand the technologies used currently along with the variants that are projected to gain prominence in the future.
•Competitive intelligence elucidates the scenario across the geographies as well as among the players.

KEY MARKET SEGMENTS:

OFFERINGS
• Hardware
• Software

APPLICATION
• Image Recognition
• Signal Recognition
• Data Mining

INDUSTRY
• Aerospace and Defense
• IT and Telecom
• Automotive
• Medical
• Industrial
• Others

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The key players mentioned include Applied Brain Research, Inc., BrainChip Holdings Ltd., General Vision, HRL Laboratories, LLC, HP Development Company L.P., IBM Corporation, Intel Corporation., Lockheed Martin Corporation, Qualcomm Technologies, Inc., and Samsung Electronics Co., Ltd.

About Allied Market Research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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