Press release
Ability to Provide High Performance and Power Efficiency is Driving the Neuromorphic Computing Market
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Key Trends
There are three key trends in neuromorphic computing technology:
Increased parallelism: Neuromorphic computing systems are designed to be highly parallel, with many processing units working in unison. This parallelism allows them to perform complex computations very rapidly.
Energy efficiency: Neuromorphic computing systems are designed to be very energy efficient. This is because they only use the amount of power needed to perform the computations they are asked to perform.
Scalability: Neuromorphic computing systems are designed to be scalable. This means that they can be easily expanded to accommodate more processing units and more data.
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Key Drivers
The key drivers of the neuromorphic computing market are its ability to provide high performance and power efficiency, as well as its potential to enable new applications in artificial intelligence (AI) and machine learning. Neuromorphic computing is a form of AI that mimics the workings of the human brain. It is well-suited for applications that require real-time processing, such as autonomous vehicles and robotics.
The neuromorphic computing market is still in its early stages of development, with only a handful of commercial products available. However, there is significant interest from both hardware and software vendors, as well as from end users. This is driving investment in research and development, and is expected to lead to rapid growth in the market over the next few years.
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Market Segments
By Deployment
Edge Computing
Cloud Computing
By Component
Hardware
Software
Services
By Application
Image Processing
Signal Processing
Data Processing
Object Detection
Others
By End-use
Consumer Electronics
Automotive
Healthcare
Others
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Key Players
IBM Corporation
Intel Corporation
Brainchip Holdings Limited
Qualcomm Technologies
HP Enterprise
HRL Laboratories LLC
Flow Neuroscience AB
Innatera Nanosystems B.V.
Aspinity, Inc.
Samsung Electronics Limited
General Vision, Inc.
Brain Corporation,
Vicarious, Inc.
Mythic, Inc.
Samsung Electronics Co., Ltd.
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