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Ability to Provide High Performance and Power Efficiency is Driving the Neuromorphic Computing Market

05-19-2023 08:47 AM CET | IT, New Media & Software

Press release from: Global Insight Services

Ability to Provide High Performance and Power Efficiency

Neuromorphic computing is a type of computing that is inspired by the brain. It is designed to mimic the way the brain works in order to solve problems more effectively. Neuromorphic computing is still in its early stages, but it has the potential to revolutionize computing and make it more efficient and powerful.

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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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Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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