Neuromorphic Chip Market 2021 Global Outlook - Intel Corporation, SK Hynix, IBM Corporation, Samsung Electronics Co. Ltd.

The Neuromorphic Chip Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Neuromorphic Chip Market is valued at USD 1.952 Billion in 2020, and is expecetd to reach USD 7.388 Billion in 2026, registering a CAGR of 24.51% over the forecast period 2021 - 2026.

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Top Leading Companies of Neuromorphic Chip Market are Intel Corporation, SK Hynix, IBM Corporation, Samsung Electronics Co. Ltd. (Samsung Advanced Institute of Technology), GrAI Matter Labs, Nepes Corporation, General Vision Inc., Gyrfalcon Technology Inc., BrainChip Holdings Ltd, Vicarious FPC Inc., aiCTX AG and others.

Industry News and Updates

July 2020 : A team of researchers at the National University of Singapore (NUS) developed an electronic skin system that could give robots and prosthetic devices a sense of touch in the future. Dubbed Asynchronous Coded Electronic Skin (Aces), the "e-skin" system comprises an artificial nervous system that analyses data transmitted from a network of independent sensors using the Intel Loihi neuromorphic chip. According to NUS, Acres can differentiate physical contact between different sensors in less than 60 nanoseconds the fastest ever achieved for an electronic skin technology even with large numbers of sensors.

- July 2019 : Intel launched Pohoiki Beach, an eight million-neuron neuromorphic system comprising 64 Loihi chips. Intel designed Pohoiki Beach to facilitate research being performed by its researchers and those in partners such as IBM and HP and academic researchers at MIT, Purdue, Stanford, and elsewhere.

Key Market Trends

North American is Expected to Hold Major Share over the Forecast Period

- North America is currently one of the major market shareholders for neuromorphic chips with the presence of top vendors in the United States. The latest technological breakthroughs have assisted in the advancement of new x-ray tubes, which can make the overall process more efficient and significantly improve accuracy in various applications.

- There have been a series of new product launches, mergers, and acquisitions in North America to take 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, the North American region is likely to hold the major share of the market over the forecast period.

- The United States Air Force Research Lab (AFRL) in Rome, N.Y. is working to develop neuromorphic computing for possible fielding on a drone in the next five years. AFRL is looking to use artificial intelligence (AI) and machine learning (ML) to boost processing power and give military operators analytical results, not raw data, to speed wartime decision making.

Regional Outlook of Neuromorphic Chip Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Neuromorphic Chip Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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