Neuromorphic Computing Industry Outlook to 2023 – IBM Corporation, Hewlett Packard , Samsung Electronics co Ltd., Intel Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., HRL Laboratories, Vicarious, CEA-Leti

Feb 2019, New York, USA(News)- Global Neuromorphic Computing Market to reach USD 8.9 billion by 2025.

Global Neuromorphic Computing Market valued approximately USD 1.6 billion in 2016 is anticipated to grow with a healthy growth rate of more than 21% over the forecast period 2017-2025. The major factors driving the growth of the market include growth in the sensors market; rising demand for artificial intelligence and machine learning; increasing adoption of software in applications such as continuous online learning, real-time data streaming, predictive analysis, and data modelling; need for better performing ICs; growing demand for neuromorphic computing in applications such as video monitoring, machine vision, and voice identification; and the end of Moore’s law leading to new ways of computing. The emerging trend of combining neuroscience computation and embodied models has led to an upsurge in demand for design and development of neuromorphic chips for brain-based robots and cognitive robots. Rising need for machine learning tools has further contributed to industry expansion.

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Major Market Players
IBM Corporation, Hewlett Packard , Samsung Electronics co Ltd., Intel Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., HRL Laboratories, Vicarious, CEA-Leti

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By Application:
§ Signal Processing
§ Image Processing
§ Data Processing
§ Object Detection

By End Use:
§ Consumer Electronics
§ Automotive
§ Healthcare
§ Military & Defence

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Research Objective:
To study and analyze the global Neuromorphic Computing consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Neuromorphic Computing market by identifying its various sub-segments.
Focuses on the key global Neuromorphic Computing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Neuromorphic Computing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Neuromorphic Computing sub-markets, with respect to key regions (along with their respective key countries).

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