Press release
USD 225 Million by 2023 Expected growth for Neuromorphic Computing Market Including Key Players: IBM Corp, Hewlett Packard Enterprise, Samsung Group, Intel Corp. HRL Laboratories
Description:
Neuromorphic Computing -Global Market Status and Trend Report 2018-2023 offers a comprehensive analysis on Neuromorphic Computing industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
Neuromorphic engineering is an emerging interdisciplinary field that involves designing sophisticated devices based on complex neural circuits of the brain. It uses principles of the nervous system for engineering applications to achieve a better understanding of computations occurring in actual biological circuits and utilize their unique properties of to design and implement efficient engineering products.
The main factors, which has driven research and development of neuromorphic chips, are tremendous demand for data and data analytics, miniaturization of sensors, ingress of Artificial Intelligence into software of almost all intelligent machines and high cost of further miniaturization of integrated circuits.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5110
Key Players
Some of the key players in the market are IBM Corp. (U.S.), Hewlett Packard Enterprise (U.S.), Samsung Group (South Korea), Intel Corp. (U.S.), HRL Laboratories, LLC (U.S.), General Vision Inc. (U.S.), Applied Brain Research Inc. (U.S.), and BrainChip Holdings Ltd. (U.S.) among others.
The Global Neuromorphic Computing Market is expected to reach USD 225 Million by 2023
Segmentation
The market for neuromorphic computing market is segmented on the basis of application, offering, end-user and region. On the basis of offering, the segment is further classified into hardware and software. Neuromorphic computing has a wide range of applications such as image recognition, signal recognition, data mining, object detection and many more. By end-user, the market can be segregated into five segments: automotive, consumer electronics, automotive, defense, and healthcare. The consumer electronics is expected to hold the largest share in terms of end-use application of neuromorphic computing. The usage of neuromorphic computing in self-driven and smart vehicles is expected to bring a transition in transportation and furthermore propel the growth of automotive sector. The usage of neuromorphic chips in satellites for surveillance and aerial imagery is highly in demand in the defense sector.
Software is expected to hold the largest share of neuromorphic computing market, based on offering. Software has applications in video monitoring, machine vision, and voice identification. Increasing adoption of software in industries such as aerospace & defense, IT & telecom, and medical is driving the growth of the neuromorphic computing software market.
Get Full Report @ https://www.marketresearchfuture.com/reports/neuromorphic-computing-market-5110
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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 USD 225 Million by 2023 Expected growth for Neuromorphic Computing Market Including Key Players: IBM Corp, Hewlett Packard Enterprise, Samsung Group, Intel Corp. HRL Laboratories here
News-ID: 955397 • Views: …
More Releases from Market Research Future - MRFR
Humic Acid Market Expected to Hit USD 1.14 Billion by 2032 with a Remarkable 10. …
Humic acid is an organic substance formed through the natural decomposition of plant and animal matter in the soil. It is a key component of humic substances, which also include fulvic acid and humin. Known for its ability to improve soil fertility, enhance nutrient uptake, and stimulate plant growth, humic acid has become an essential input in modern agriculture. Beyond agriculture, it finds applications in horticulture, dietary supplements, animal feed,…
Caustic Soda Market Poised to Growth USD 77.98 Billion by 2032 with Thriving CAG …
Caustic soda, also known as sodium hydroxide (NaOH), is one of the most widely used industrial chemicals in the world. It is a strong alkali with highly corrosive properties, commonly produced via the chlor-alkali process along with chlorine and hydrogen as co-products. Caustic soda plays a vital role across multiple industries, including pulp and paper, textiles, alumina refining, soaps and detergents, water treatment, food processing, and chemicals manufacturing.
The global caustic…
Trenchless Pipe Relining Market Set to Grow at an Impressive CAGR of 12.9% Throu …
Trenchless pipe relining is an advanced method of repairing and rehabilitating existing pipelines without the need for extensive excavation. It involves inserting a liner coated with resin into a damaged or corroded pipe, curing it in place, and forming a new structural lining that restores functionality and extends the pipe's service life. This technology has gained significant traction as an efficient, cost-effective, and environmentally friendly alternative to traditional open-cut pipe…
Explosives Market Set to Reach USD 40.2 Billion, with a Healthy 2.13% CAGR Till …
The explosives market encompasses the production, distribution, and application of energetic materials used across a wide range of sectors - from mining, quarrying, and construction to defense, demolition, and special industrial applications. Explosives are engineered formulations designed to release energy rapidly and are typically classified by sensitivity, velocity of detonation, and intended use. While military applications attract attention for their strategic importance, commercial explosives for mining and infrastructure development constitute…
More Releases for Neuromorphic
Prominent Neuromorphic Computing Market Trend for 2025: Brainchip Revolutionizes …
"What Are the Projected Growth and Market Size Trends for the Neuromorphic Computing Market?
The neuromorphic computing market has expanded exponentially in recent years. It is expected to grow from $1.44 billion in 2024 to $1.81 billion in 2025, with a CAGR of 25.7%. Factors that contributed to its historical growth include significant advancements in AI, the growing use of cognitive computing applications, industry collaborations in neuromorphic computing, the demand for…
Major Market Shift in Neuromorphic Chips Industry: Launch Of Innovative Neuromor …
What Is the Forecasted Market Size and Growth Rate for the Neuromorphic Chips Market?
The neuromorphic chips market has witnessed rapid growth in recent years. It is forecasted to grow from $0.68 billion in 2024 to $0.78 billion in 2025, at a CAGR of 14.8%. The historical growth can be attributed to advancements in integrated circuit performance, increased adoption of speech and biometric recognition, progress in artificial intelligence (AI) and machine…
Neuromorphic Chip Market 2024 Research Report
Neuromorphic Chip Market
Neuromorphic computing is a branch of artificial intelligence (AI) that simulates the functionality of the human neuron. This report mainly studies Neuromorphic Chip market. A neuromorphic chip is an analog data processor inspired by the biological brain.
The global Neuromorphic Chip market was valued at US$ 16 million in 2023 and is anticipated to reach US$ 1228.4 million by 2030, witnessing a CAGR of 87.8% during the forecast…
Neuromorphic Computing Market: An Overview
Neuromorphic computing is a revolutionary approach that mimics the neural structure and functioning of the human brain. This technology aims to enhance computational efficiency and capabilities by creating hardware and software systems that can process information in a manner similar to biological systems. With its ability to handle vast amounts of data with lower power consumption, neuromorphic computing is gaining traction across various sectors, including artificial intelligence, robotics, and cognitive…
Neuromorphic Computing: Revolutionizing the Future of Technology
Neuromorphic computing is an advanced area of research and development that mimics the way the human brain operates. Unlike traditional computing systems that process information in a linear and sequential manner, neuromorphic systems are designed to emulate the brain's neural architecture. This approach allows for parallel processing, greater efficiency, and the potential to solve complex tasks more efficiently than conventional computers. Neuromorphic computing relies on specialized hardware and algorithms that…
Neuromorphic Computing Market- The Neuromorphic Computing Market Are Improving T …
Neuromorphic computing or neuromorphic engineering has been described as the use of large integration systems containing numerous analog circuits allowing the replication of neuro-biological behaviors existing in a human’s nervous system. The neuromorphic computing platform consists of two vital systems based on the custom hardware architecture. Such systems are designed to program neural microcircuits by applying brain-like thought process in cognitive computing and machine learning process. This procedure enables a…
