openPR Logo
Press release

Neuromorphic Chip Market to Reach USD 10.81 Billion by 2026, Driven by 20.7% CAGR in Cognitive Computing Demand

07-23-2025 08:19 AM CET | IT, New Media & Software

Press release from: Future Market Insights Inc.

Neuromorphic Chip Market

Neuromorphic Chip Market

The global neuromorphic chip market is on the cusp of a transformative expansion, projected to surge from over USD 1,420 Million in 2015 to an approximate value of USD 10,810 Million by the end of 2026, demonstrating a remarkable Compound Annual Growth Rate (CAGR) of 20.7% over the forecast period (2016-2026). This significant growth represents an incremental dollar opportunity exceeding USD 9,170 Million, driven by the escalating demand for advanced AI and cognitive computing solutions.

Rising Interest in Market Trends: Our Detailed Report Provides Essential Insights!https://www.futuremarketinsights.com/reports/neuromorphic-chip-market

North America: A Dominant Force in Neuromorphic Innovation

North America is set to emerge as the most attractive and pivotal region in the global neuromorphic chip landscape. Valued at over USD 400 Million in 2015, the North American market is forecast to surpass USD 2,700 Million by 2026, expanding at a robust CAGR of 19.7%. This regional boom is anticipated to generate an incremental dollar opportunity of more than USD 2,300 Million, underscoring its critical role in shaping the future of AI hardware.

The region's ascendancy is fueled by a dynamic convergence of cutting-edge and existing technologies across diverse verticals, including automotive and aerospace & defense. Neuromorphic chips, designed to mimic the human brain's neural networks, are undergoing rigorous testing for applications in unmanned drones. A prime example is the development of chips capable of complex pattern matching algorithms, enabling drones to identify and store environmental signal patterns for enhanced spatial recognition. In the automotive sector, these chips, integrated with signal processing technologies, promise to empower drivers with real-time, data-driven insights for improved decision-making.

Government initiatives, particularly in the USA, are playing a crucial role in accelerating research and development of these advanced technologies. Programs like DARPA's 2013 project, aimed at developing neuromorphic chip technology comparable to a mammal's brain, highlight strategic collaborations with industry leaders like IBM Corporation and HRL Laboratories, LLC, fostering innovation and market adoption.

Segmental Growth: Image Recognition and Consumer Electronics Lead the Charge

Within the North American neuromorphic chip market, the image recognition segment is projected to be the most lucrative in terms of revenue, while the signal recognition segment is poised for high year-over-year growth, with an estimated CAGR of 21.2% during the forecast period.

From an end-use industry perspective, the consumer electronics segment is expected to lead growth with an impressive CAGR of 25.0%. The aerospace & defense sector is anticipated to be the most attractive segment overall. The automotive segment, valued at over USD 80 Million in 2015, is projected to reach nearly USD 530 Million by 2026, growing at a CAGR of 18.4%. This robust growth across segments underscores the broad applicability and transformative potential of neuromorphic technology.

Competitive Landscape: Strategic Investments and Collaborations Drive Innovation

The neuromorphic chip market is characterized by intense competition, with leading players strategically investing in R&D, intellectual property, and collaborative partnerships to secure market dominance.

IBM Corporation: A perennial leader in innovation, IBM was awarded 7,355 patents in the USA in 2015, marking its 23rd consecutive year at the top. Its participation in DARPA's neuromorphic projects highlights its commitment to pushing the boundaries of cognitive computing.

Intel Corporation: With a substantial R&D investment of USD 12.1 Billion in 2015, Intel is focused on developing proprietary technologies that reinforce its leadership position in advanced computing.

General Vision: Demonstrating the power of strategic alliances, General Vision collaborated with Mando-Hella Electronics Corp. in September 2016. This partnership aims to integrate NeuroMem technology into advanced driver assistance and monitoring systems, enabling sophisticated image and multisensory pattern recognition for the automotive industry.

Hewlett Packard Labs: Focused on translating advanced technologies into innovative products, Hewlett Packard Labs is dedicated to propelling company growth, maintaining industry leadership, and sustaining competitive advantage through its research efforts.

HRL Laboratories, LLC: By consistently widening its product portfolio and exploring new application areas, HRL Laboratories is strategically gaining a competitive edge in this evolving market.

As the market matures, challenges such as the complexity of chip design, the need for significant R&D capital, and the ongoing development of robust software ecosystems will require continued collaboration between industry, academia, and government. However, the immense potential for brain-inspired AI and the proactive strategies of key players position the neuromorphic chip market, particularly in North America, for sustained and significant growth.

Global Neuromorphic Chip Market: Market Segmentation

By Application:
Image Recognition
Signal Recognition
Data Mining
Others

By Vertical:
Aerospace & Defence
Automotive
Consumer Electronics
Healthcare
Industrial
Others

By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excl. Japan (APEJ)
Japan
Middle East & Africa (MEA)

Unveil Market Trends: Get Your Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-1289

Have a Look at Related Research Reports:

Chip-On-Flex Market: https://www.futuremarketinsights.com/reports/chip-on-flex-market

Chip Warmers Market: https://www.futuremarketinsights.com/reports/chip-warmers-market

Chipless RFID Industry Analysis in United States: https://www.futuremarketinsights.com/reports/chipless-rfid-industry-analysis-in-united-states

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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 Reach USD 10.81 Billion by 2026, Driven by 20.7% CAGR in Cognitive Computing Demand here

News-ID: 4115421 • Views:

More Releases from Future Market Insights Inc.

Ginseng Market to Reach USD 1.25 Billion by 2035, Driven by Surging Demand for Natural Wellness Solutions
Ginseng Market to Reach USD 1.25 Billion by 2035, Driven by Surging Demand for N …
The global ginseng market is poised for significant growth, projected to expand from USD 820.31 million in 2025 to USD 1,249.7 million by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period. This robust expansion is fueled by a growing global consumer interest in traditional botanical ingredients for holistic wellness, with particular emphasis on natural remedies for energy, immunity, and cognitive support. The findings
Cultured Meat Market to Skyrocket to USD 4.18 Billion by 2035, Driven by Ethical Consumerism and Bioreactor Breakthroughs
Cultured Meat Market to Skyrocket to USD 4.18 Billion by 2035, Driven by Ethical …
The global cultured meat market is poised for exponential growth, projected to surge from an estimated USD 800.0 million in 2025 to a staggering USD 4,187.1 million by 2035, exhibiting an impressive Compound Annual Growth Rate (CAGR) of 18%. This robust expansion is fueled by an accelerating consumer shift towards ethical protein sourcing and significant advancements in cellular agriculture technologies, according to a recent market analysis. The report highlights
Cat Food Market Set for Significant Growth, Driven by Feline Health Focus and Pet Humanization
Cat Food Market Set for Significant Growth, Driven by Feline Health Focus and Pe …
The global cat food market is projected to expand significantly, growing from USD 66,603.2 million in 2025 to USD 91,262.3 million by 2035, demonstrating a Compound Annual Growth Rate (CAGR) of 3.2% over the forecast period. This steady expansion is largely influenced by a heightened focus on feline health and the deepening emotional bond between owners and their pets. While North America remains the largest revenue contributor, emerging
Brain Health Supplement Market Poised for Explosive Growth, Set to Reach USD 16.1 Billion by 2035
Brain Health Supplement Market Poised for Explosive Growth, Set to Reach USD 16. …
The global brain health supplement market is on the cusp of significant expansion, projected to nearly double in value from USD 8,683.8 million in 2025 to a staggering USD 16,131.5 million by 2035. This robust growth signifies a Compound Annual Growth Rate (CAGR) of 6.4% over the next decade, driven by escalating awareness of cognitive well-being and a global shift towards preventive health solutions. The burgeoning demand is largely

All 5 Releases


More Releases for USD

Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious
Nitrocellulose Market Projected to Hit USD USD 885.32 Mn. by 2030
𝐍𝐢𝐭𝐫𝐨𝐜𝐞𝐥𝐥𝐮𝐥𝐨𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at USD 572.34 Mn. in 2023, and it is expected to reach USD 885.32 Mn. by 2030 with a CAGR of 6.43% during the forecast period. 𝐍𝐢𝐭𝐫𝐨𝐜𝐞𝐥𝐥𝐮𝐥𝐨𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Nitrocellulose, also known as cellulose nitrate, is a highly flammable chemical synthesized by nitrating cellulose with a mixture of nitric and sulfuric acids. Originally used as a substitute for gunpowder, it has since found applications in various industries,
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope: Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market In-Depth Exploration of the global Biometrics
Body Composition Analyzers: USD 0.66B in 2023, Projected to Reach USD 1.39B by 2 …
Body Composition Analyzers Market Scope: Key Insights : Body Composition Analyzers Market size was valued at USD 0.60 billion in 2022 and is poised to grow from USD 0.66 billion in 2023 to USD 1.39 billion by 2031, growing at a CAGR of 9.80% during the forecast period (2024-2031). Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/body-composition-analyzers-market In-Depth Exploration of the global Body Composition Analyzers Market: This report
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants. As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to