Neuromorphic Processing Market Size 2021 Demand, Global Trend, News, Business Growth, Top Key Players

The new report titled ‘Global Neuromorphic Processing Market,’ published by Emergen Research, is a vivid presentation of the global Neuromorphic Processing market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top Neuromorphic Processing market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Neuromorphic Processing industry, gathering industry-verified data from the value chain analysis.

Our sample copy includes a brief analysis of the Neuromorphic Processing market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Neuromorphic Processing market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the Neuromorphic Processing market.

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The global Neuromorphic Processing Market is projected to reach USD 11.29 billion by 2027, according to a recent report by Emergen Research. The primary factors driving the growth of the market include expansion within the sensors market; increasing demand for AI and machine learning; faster adoption of software in applications like continuous online learning, predictive analysis, real-time data streaming and data modelling; requirement for efficient ICs; accelerating demand for neuromorphic processing in applications like machine vision, video monitoring and voice identification.

The main advantage of neuromorphic chips is that they can process the knowledge faster than the regular processors, which helps the defense industry in processing battlefield data, including resource and weapon management. The growing requirement for testing and transmitting signals in this industry is mainly driving the expansion of the neuromorphic computing marketplace for the aerospace and defense industry. This is because with the help of neuromorphic computing, coding becomes secure, thereby reducing cyber threats when transmitting data from one end to another. This is another major driving factor across various industry applications.

This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Neuromorphic Processing business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Neuromorphic Processing market. It offers a systematic presentation of the company profiles of the leading market players. This section of the Neuromorphic Processing report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall Neuromorphic Processing market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

Top key Companies in Neuromorphic Processing Market are:

IBM Corp., HP Corp., Samsung Electronics Ltd., Intel Corp., HRL Laboratories, LLC, General Vision Inc., Applied Brain Research, BrainChip Holdings Ltd. and General Vision Inc. among others.

The global Neuromorphic Processing market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this Neuromorphic Processing industry.

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For the purpose of this report, Emergen Research has segmented into the global Neuromorphic Processing Market on the applications, end user and region:

Applications Outlook (Revenue, USD Billion; 2017-2027)
Signal Processing
Image Processing
Data Processing
Object Detection
Others
End User Outlook (Revenue, USD Billion; 2017-2027)
Consumer Electronics
Automotive
Healthcare
Military and Defense
Others
Key Highlights From The Report

In July 2019, an 8 million-neuron neuromorphic system named Pohoiki Beach was launched by Intel Corporation. It has 64 Loihi research chips developed for the research community. Pohoiki Beach allows the researchers to experiment with brain-inspired research chip, Loihi in order to rescale the neural-inspired algorithms that comprises of sparse coding, path planning and simultaneous localization and mapping (SLAM).
The signal recognition technology is being utilized across a wide range of applications, due to the rigorous advancements in computing power leading to the widespread adoption of mobile and cloud-based engineering, which makes it the fastest growing application for neuromorphic computing. Black lead which is expandable in nature is the most preferred flame agent. This is because any business considers this as an environmentally friendly answer to the matter.
The market is highly consolidated, with the presence of the major traditional players who are investing heavily in research and development of neuromorphic processing. Moreover, the market being in its nascent stage, neuromorphic processing includes various stakeholders that include neuromorphic hardware chip manufacturers, educational institutions, research labs, technical experts and system companies. The stakeholders are currently collaborating with one another to enhance the performance of neuromorphic computing systems.
Regional Outlook:

The report offers a comprehensive analysis of the current growth opportunities for various regions of the Neuromorphic Processing market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the Neuromorphic Processing report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/neuromorphic-processing-market

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

Target Audience of the Report:

Leading Companies
Large, medium-sized, and small enterprises
Investors
Value-Added Resellers (VARs)
Venture capitalists
Third-party knowledge providers
The report considers the following timeline for market estimation:

Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Years: 2020-2028
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Global Neuromorphic Processing Market – Table of Contents:

Market Summary:
Product Outlook:
Production, by product type
Revenue, by product type
Price, by product type
Application Outlook:
Consumption, by application
Market Share, by application
Geographical Breakdown:
Production, by region
Revenue, by region
Consumption, by region
Manufacturers’ Overview:
Production Locations and Areas Served
Product Launch, Application, and Specification
Production, Revenue, Ex-factory Price, and Gross Margin
Key Businesses
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