openPR Logo
Press release

Neuromorphic Chip Market to witness Massive Growth by 2025- aiCTX AG,  BrainChip Holdings Ltd.,  General Vision Inc

10-14-2021 07:33 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Qualitative Analysis Of Neuromorphic Chip Market Revenue & Industry Analysis By 2025

The Neuromorphic Chip Market was valued at USD 111.04 million in 2019and is expected to reach USD 366.14 million by 2025, at a CAGR of 22% over the forecast period 2020- 2025.

Neuromorphic Chip market research report adoption is becoming very essential for the businesses as it supports with the better decision making and revenue generation. The Neuromorphic Chip market prioritizing market goals and profitable market business. Today’s businesses call for the highly focused and detail-oriented information about the Neuromorphic Chip Market so that they get a clear idea about the market landscape and gives businesses clear idea of what is already available, what the Neuromorphic Chip market expects, and what can be done to outshine the Neuromorphic Chip market competitors.

MarketInsightsReports’ started selling "Neuromorphic Chip Market Report " from October 10 2021. It also describes Neuromorphic Chip market player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis and based on that recommendation on players is derived like aiCTX AG,  BrainChip Holdings Ltd.,  General Vision Inc.,  Hewlett Packard Enterprise Development LP,  IBM Corporation,  Intel Corporation,  Qualcomm Technologies Inc.,  Samsung Electronics Co. Ltd. (Samsung Advanced Institute of Technology) and among other domestic and global players. 

Get the inside scoop with Sample report-

https://www.marketinsightsreports.com/reports/01091745681/neuromorphic-chip-market-growth-trends-and-forecast-2020-2025/inquiry?Source=OpenPR&Mode=Eliza

This sample report includes:

A brief introduction to the Neuromorphic Chip market research report.
Top players in the Neuromorphic Chip market with their revenue analysis.
Selected illustrations of Neuromorphic Chip market insights and trends.
Example pages from the Neuromorphic Chip market report.

Neuromorphic Chip Market Scenario:

Neuromorphic Chip Market - Growth, Trends, and Forecast (2020 - 2025) Neuromorphic Chip market is expected to gain market growth in the forecast period of 2021 to 2027. According to MarketInsightsReports Research’ The Neuromorphic Chip Market was valued at USD 111.04 million in 2019and is expected to reach USD 366.14 million by 2025, at a CAGR of 22% over the forecast period 2020- 2025. The Asia-Pacific region has approximately 66.40% of the major share in 2019.Growing demand of the Neuromorphic Chip for industrial applications, industry will accelerate huge market growth especially in Neuromorphic Chip industry in terms of (Revenue USD), Market Drivers, and Market Restraints. Market report research and development activities, product launches in the Market helps to identify opportunities in market place.

Industry News and Updates On Neuromorphic Chip Market-

Currently, neuromorphic vendors aim to design advanced system-on-chip (SoC) that provide an interface between sensors and algorithms; which eventually results in optimally converted data spikes and spiking neural networks (SNNs). A product like Akida NSoC from BrainChip Holdings Ltd. has 1.2 million neurons and 10 billion synapses.

- Big chip players including Intel Corporation, Qualcomm Incorporated, BrainChip Holdings Ltd., HRL Laboratories LLC, IBM Corporation and many others are developing neuromorphic chips to cut short processing speed through self decision making abilities by the chips.

Key Market Trends On Neuromorphic Chip Market-

Automotive is the Fastest Growing Industry to Adapt Neuromorphic Chip

- Automotive industry is one of the fastest-growing industry for neuromorphic chips. All premium car makers are investing heavily to achieve L5 level of autonomous technology; which in turn is anticipated to generate huge demand for AI-powered neuromorphic chips.

- Due to the complexity of roadway data integration, cars automated systems need more AI than aircrafts. According to Victoria Transport Policy Institute, by 2030, 20%-40% of the automated vehicles will be available in moderate to premium price category, which means more volume of integrated neuromorphic chips will be sold by the AI chip manufacturers.

- Advanced driver assisted system (ADAS) and autonomous vehicle (AV) applications are the two primary areas where neuromorphic chip manufacturers are eyeing to enhance their market reach. Recently, in October 2017, BrainChip Holdings Ltd. supplied neuromorphic chip to one of the top automobile company in Germany to test their ADAS capability.

Ask for it and browse full report-

https://www.marketinsightsreports.com/reports/01091745681/neuromorphic-chip-market-growth-trends-and-forecast-2020-2025?Source=OpenPR&Mode=Eliza

Competitive Landscape On Neuromorphic Chip Market-

March 2019: Qualcomm launched a new system on chip (SoC) integrated with AI to enhance smart audio and IoT applications. This AI enabled SoC will provide seamless voice assistance and other connectivity applications through power-optimized chip architecture. This new product innovation is anticipated to augment the market growth for the neuromorphic chip market in the coming years.

- September 2017: Intels new self-learning chip promises to accelerate Artificial Intelligence. Intel introduced first-of-its-kind self-learning chip, codenamed Loihi. The Loihi research test chip includes digital circuits that mimic the brains basic mechanics, making machine learning faster and more efficient while requiring lower computing power.

Market Segmentation-

Market Trends-

Technological Upgradations in Neuromorphic Chip market manufacturing techniques.

Customized or Personalized Neuromorphic Chip Report According to Changing Consumer Preferences.

Adoption of Overview in Neuromorphic Chip

Market Drivers:

High Durability and Flexibility

Increasing Domestic as well as International Trades

Higher Incomes

Challenges:

Restriction Imposed by Governments Regarding Use of Particular Neuromorphic Chip

Increase in Global Neuromorphic Chip

Low-Profit Margin

Opportunities:

Introduction to Neuromorphic Chip

Minimize undesirable Environmental Effects

Regional Analysis On Neuromorphic Chip Market-

North America Expected to Hold Major Share over the Forecast Period

- North America is currently one of the major market share holder for neuromorphic chips with presence of top vendors in the U.S. Latest technological breakthroughs have assisted the advancement of new X-ray tubes that can make the overall process more efficient and can significantly improve accuracy in various applications.

- There have been a series of new product launches, mergers, and acquisitions in North America to take the advantage of this opportunity. The major driver behind the investments has been the continuous evolution and application of new technologies to unlock enormous volumes that were previously considered non-commercial. With these series of investments, North America are set to boom over the forecast period.

COVID-19 Impact Analysis:

In this report, the pre- and post-COVID impact on the market growth and development is well depicted for better understanding of the Market based on the financial and industrial analysis. The COVID-19 pandemic has affected a number of market and Global Neuromorphic Chip Market is no exception. However, the dominating players of the Global Neuromorphic Chip Market are adamant to adopt new strategies and look for new funding resources to overcome the rising obstacles in the market growth.

Thinking One Step Ahead-

“Market Research Methodology - Perfected through Years of Diligence”

In today’s competitive world you need to think one step ahead to pursue your competitors, our research offers reviews about key players, major collaborations, union & acquisitions along with trending innovation and business policies to present a better understanding to drive the business in the correct direction.

In conclusion, the Neuromorphic Chip Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and Porters Five analysis is also incorporated in the report. We even do customized Reports for our customers; we can add the list of Manufactures or application type or product type that you need in the report.

Conclusively, this report will give you a pronounced perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Customization Of The Report-

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@marketinsightsreports.com ), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on + 1704 266 3234 to share your research requirements.

Please note, to avoid bots and virus attacks certain servers and VPN are blocked from accessing our website MarketInsightsReports.com , so if you are unable to access our website please drop us a mail on sales@marketinsightsreports.com or irfan@marketinsightsreports.com our team will get back to you asap.

Address:
Market Insights Reports
4893, Pepper drive, Harrisburg ,NC 28075,United States
Irfan Tamboli (Head of Sales)
Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us-
MarketInsightsReports delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses with various verticals like Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Chip Market to witness Massive Growth by 2025- aiCTX AG,  BrainChip Holdings Ltd.,  General Vision Inc here

News-ID: 2428467 • Views: 269

More Releases from Market Insights Reports

Strain Gage Market Size, Share, Trends Analysis and Growth Forecast to 2026- VPG …
The Future of Strain Gage Market Professional Survey Report 2021-2026.This complete research report provides in-depth analysis of the value in terms of segmental analysis, industry drivers, market size, regulatory policies, upcoming technologies and estimations on the Strain Gage Market across regional levels as well as from a universal perspective. This reports offers quality information on key market trends, product types and their scope, competitive landscape, industry overview with growth analysis,
RF Coax Connector Market Analysis and Prediction by Leading Manufacturers, Appli …
The Future of RF Coax Connector Market Professional Survey Report 2021-2026.This complete research report provides in-depth analysis of the value in terms of segmental analysis, industry drivers, market size, regulatory policies, upcoming technologies and estimations on the RF Coax Connector Market across regional levels as well as from a universal perspective. This reports offers quality information on key market trends, product types and their scope, competitive landscape, industry overview with
Electronic Counter Market Trends and Growth Rate, Product & Application Segmenta …
The Future of Electronic Counter Market Professional Survey Report 2021-2026.This complete research report provides in-depth analysis of the value in terms of segmental analysis, industry drivers, market size, regulatory policies, upcoming technologies and estimations on the Electronic Counter Market across regional levels as well as from a universal perspective. This reports offers quality information on key market trends, product types and their scope, competitive landscape, industry overview with growth analysis,
Automotive Motor Global  Market to 2026 Analysis and In-depth Research on Size, …
The Future of Automotive Motor Market Professional Survey Report 2021-2026.This complete research report provides in-depth analysis of the value in terms of segmental analysis, industry drivers, market size, regulatory policies, upcoming technologies and estimations on the Automotive Motor Market across regional levels as well as from a universal perspective. This reports offers quality information on key market trends, product types and their scope, competitive landscape, industry overview with growth analysis,

All 5 Releases


More Releases for Chip

Global Chip Inductors Market Research Report 2018
The central subtleties related with Chip Inductors advertise simply like the item definition, cost, style of utilization, Chip Inductors showcase request and give insights region unit lined amid this report Global Chip Inductors Market players can encourage all the market players in examining the latest patterns and Chip Inductors business ways. The Chip Inductors showcase upheld advancement openings, development restricting elements and the possibility of venture can gauge the Chip
GNSS Chip Market Prosper Period of 2025
Global GNSS Chip Market: Overview A global navigation satellite system (GNSS) allows the function of pinpointing the geographical position of a user’s receiver located anywhere on the earth. GNSSs make use of a group of orbiting satellites operating in synchronicity with a ground stations network. Currently, there has three systems in operation, viz. the global orbiting navigation satellite system (GLONASS) of the Russian Federation, global position system (GPS) of the
GNSS Chip Market - Arising Opportunities 2017 - 2025
Global GNSS Chip Market: Overview A global navigation satellite system (GNSS) allows the function of pinpointing the geographical position of a user’s receiver located anywhere on the earth. GNSSs make use of a group of orbiting satellites operating in synchronicity with a ground stations network. Currently, there has three systems in operation, viz. the global orbiting navigation satellite system (GLONASS) of the Russian Federation, global position system (GPS) of the
Global Chip-on-board LED Market by Product (Lateral Chip, Vertical Chip, Flip Ch …
ReportsWeb.com has announced the addition of the “Global Chip-on-board LED Market Research Report 2018” The report detailed insights about the aspects responsible for augmenting as well as restraining market growth. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Chip-on-board (CoB) LED in these regions, from 2013 to 2025 (forecast), covering United States EU China Japan South Korea Taiwan Get sample of report @ http://www.reportsweb.com/inquiry&RW00011719117/sample
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
Organ-on-a-chip Market
Organ-on-a-chip is gaining prominence on the backdrop of regulatory measures on animal testing and growing complexity in therapeutic applications. Various players are trying to capitalize on lucrative growth opportunities in the organ-on-a-chip devices market. It is a unique cell culture process, wherein biomimetic microsystem is used as a platform. These devices are built on silicone, which can be used to grow internal organs. This finds application in organ transplantation and also