Neuromorphic Computing Market By Offering, Deployment, Application, Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2021-2030

Description

List of Tables

The global neuromorphic computing market size is expected to reach $8.58 billion by 2030 from $0.26 billion in 2020, growing at a CAGR of 79.00% from 2021 to 2030. Neuromorphic computing utilizes an engineering approach or method-based on the activity of the biological brain. This type of approach can make technologies more versatile and adaptable, and promote more vibrant results than other types of traditional architectures Neuromorphic computing achieves brain such as function and efficiency by building artificial neural systems, which implements neurons and synapses to transfer electrical signals using analog circuitry. This enables them to modulate the amount of electricity flowing between those nodes to mimic varying degrees of strength that naturally occurring brain signals.

Growth in popularity of deep learning and neural networks has spurred a race to develop AI-hardware specialized for neural network computations. Among handful of trends that have emerged in past few years is neuromorphic computing, which has shown promising growth, owing to its similarities to biological and artificial neural networks.

Prominent factors that impact the neuromorphic computing market growth include rise in demand for artificial intelligence and machine learning technology, high usage of software in neuromorphic computing, and rise in demand for better performing integrated circuits (ICs). However, rise in complexity of algorithms and backend operations restricts the market growth. On the contrary, increase in adoption of neuromorphic chips in the automotive industry is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect the global neuromorphic computing industry during the forecast period.

The global neuromorphic computing market is segmented on the basis of offering, deployment, application, industry vertical, and region. By offering, the market is bifurcated into hardware and software. The hardware segment is further sub segmented into processor and memory. By deployment, the market is divided into edge computing and cloud computing. By application, it is fragmented into image recognition, signal recognition, data mining, and others. Depending on industry vertical, it is separated into consumer electronics, automotive, IT & telecom, aerospace & defense, industrial, healthcare, and others.

Region-wise, the neuromorphic computing market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, owing to rise in awareness regarding benefits of neuromorphic computing in industries such as aerospace, military & defense, and healthcare.

Competitive analysis and profiles of the major neuromorphic computing market players, such as IBM Corporation (US), Intel Corporation (US), BrainChip Holdings Ltd. (US), Qualcomm Incorporated (US), Hewlett Packard Development LP (US), Samsung Electronics Ltd. (South Korea), General Vision Inc. (US), L Applied Brain Research Inc. (US), Numenta (US), and Vicarious (U.S.), are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.

Key Market Segments

By Offering

Hardware
Processor
Memory
Software

By Deployment

Edge Computing
Cloud Computing

By Application

Image Recognition
Signal Recognition
Data Mining
Others

By Industry Vertical

Automotive
IT & Telecom
Aerospace & Defense
Industrial
Healthcare
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Players
IBM Corporation
Intel Corporation
BrainChip Holdings Ltd.
Qualcomm Incorporated
Hewlett Packard Development LP
Samsung Electronics Ltd.
General Vision Inc.
Applied Brain Research Inc.
Numenta
Vicarious

Product Code: SE_2114112 / A13743

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
- 1.4.1.Primary research
- 1.4.2.Secondary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
- 2.1.1.Top impacting factors
- 2.1.2.Top investment pockets
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the neuromorphic computing
3.3.Patent analysis
- 3.3.1.By region, 2012-2020
- 3.3.2.By applicant, 2012-2020
3.4.Covid-19 impact analysis
- 3.4.1.COVID-19 outbreak
- 3.4.2.Impact on market size
- 3.4.3.End user trends, preferences, and budget impact
3.5.Market dynamics
- 3.5.1.Drivers
  - 3.5.1.1.Rising demand for artificial intelligence and machine learning technology
  - 3.5.1.2.High usage of software in neuromorphic computing
  - 3.5.1.3.Increasing demand for better performing integrated circuits (ICs)
- 3.5.2.Restraint
  - 3.5.2.1.Increasing complexity of algorithms and backend operations
- 3.5.3.Opportunity
  - 3.5.3.1.Rising adoption of neuromorphic chip in automotive industry

CHAPTER 4:NEUROMORPHIC COMPUTING MARKET, BY OFFERING

4.1.Overview
4.2.Hardware
- 4.2.1.Processor
- 4.2.2.Memory
- 4.2.3.Key market trends, growth factors, and opportunities
- 4.2.4.Market size and forecast, by region
- 4.2.5.Market analysis, by country
4.3.Software
- 4.3.1.Key market trends, growth factors, and opportunities
- 4.3.2.Market size and forecast, by region
- 4.3.3.Market analysis, by country

CHAPTER 5:NEUROMORPHIC COMPUTING MARKET, BY DEPLOYMENT

5.1.Overview
5.2.Edge Computing
- 5.2.1.Key market trends, growth factors, and opportunities
- 5.2.2.Market size and forecast, by region
- 5.2.3.Market analysis, by country
5.3.Cloud Computing
- 5.3.1.Key market trends, growth factors, and opportunities
- 5.3.2.Market size and forecast, by region
- 5.3.3.Market analysis, by country

CHAPTER 6:NEUROMORPHIC COMPUTING MARKET, BY APPLICATION

6.1.Overview
6.2.Image Recognition
- 6.2.1.Key market trends, growth factors, and opportunities
- 6.2.2.Market size and forecast, by region
- 6.2.3.Market analysis, by country
6.3.Signal Recognition
- 6.3.1.Key market trends, growth factors, and opportunities
- 6.3.2.Market size and forecast, by region
- 6.3.3.Market analysis, by country
6.4.Data Mining
- 6.4.1.Key market trends, growth factors, and opportunities
- 6.4.2.Market size and forecast, by region
- 6.4.3.Market analysis, by country
6.5.Others
- 6.5.1.Key market trends, growth factors, and opportunities
- 6.5.2.Market size and forecast, by region
- 6.5.3.Market analysis, by country

CHAPTER 7:NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY VERTICAL

7.1.Overview
7.2.Consumer electronics
- 7.2.1.Key market trends, growth factors, and opportunities
- 7.2.2.Market size and forecast, by region
- 7.2.3.Market analysis, by country
7.3.Automotive
- 7.3.1.Key market trends, growth factors, and opportunities
- 7.3.2.Market size and forecast, by region
- 7.3.3.Market analysis, by country
7.4.IT & Telecom
- 7.4.1.Key market trends, growth factors, and opportunities
- 7.4.2.Market size and forecast, by region
- 7.4.3.Market analysis, by country
7.5.Aerospace & Defense
- 7.5.1.Key market trends, growth factors, and opportunities
- 7.5.2.Market size and forecast, by region
- 7.5.3.Market analysis, by country
7.6.Industrial
- 7.6.1.Key market trends, growth factors, and opportunities
- 7.6.2.Market size and forecast, by region
- 7.6.3.Market analysis, by country
7.7.Healthcare
- 7.7.1.Key market trends, growth factors, and opportunities
- 7.7.2.Market size and forecast, by region
- 7.7.3.Market analysis, by country
7.8.Others
- 7.8.1.Key market trends, growth factors, and opportunities
- 7.8.2.Market size and forecast, by region
- 7.8.3.Market analysis, by country

CHAPTER 8:NEUROMORPHIC COMPUTING MAREKT, BY REGION

8.1.Overview
8.2.North America
- 8.2.1.Key market trends, growth factors, and opportunities
- 8.2.2.Market size and forecast, by offering
- 8.2.3.Market size and forecast, by deployment
- 8.2.4.Market size and forecast, by application
- 8.2.5.Market size and forecast, by industry vertical
- 8.2.6.Market analysis, by country
  - 8.2.6.1.U.S.
  - 8.2.6.1.1.Market size and forecast, by offering
  - 8.2.6.1.2.Market size and forecast, by deployment
  - 8.2.6.1.3.Market size and forecast, by application
  - 8.2.6.1.4.Market size and forecast, by Industry Vertical
  - 8.2.6.2.Canada
  - 8.2.6.2.1.Market size and forecast, by offering
  - 8.2.6.2.2.Market size and forecast, by deployment
  - 8.2.6.2.3.Market size and forecast, by application
  - 8.2.6.2.4.Market size and forecast, by Industry Vertical
  - 8.2.6.3.Mexico
  - 8.2.6.3.1.Market size and forecast, by offering
  - 8.2.6.3.2.Market size and forecast, by deployment
  - 8.2.6.3.3.Market size and forecast, by application
  - 8.2.6.3.4.Market size and forecast, by industry vertical
8.3.Europe
- 8.3.1.Key market trends, growth factors, and opportunities
- 8.3.2.Market size and forecast, by offering
- 8.3.3.Market size and forecast, by deployment
- 8.3.4.Market size and forecast, by application
- 8.3.5.Market size and forecast, by industry vertical
- 8.3.6.Market analysis, by country
  - 8.3.6.1.UK
  - 8.3.6.1.1.Market size and forecast, by offering
  - 8.3.6.1.2.Market size and forecast, by deployment
  - 8.3.6.1.3.Market size and forecast, by application
  - 8.3.6.1.4.Market size and forecast, by industry vertical
  - 8.3.6.2.Germany
  - 8.3.6.2.1.Market size and forecast, by offering
  - 8.3.6.2.2.Market size and forecast, by deployment
  - 8.3.6.2.3.Market size and forecast, by application
  - 8.3.6.2.4.Market size and forecast, by industry vertical
  - 8.3.6.3.France
  - 8.3.6.3.1.Market size and forecast, by offering
  - 8.3.6.3.2.Market size and forecast, by deployment
  - 8.3.6.3.3.Market size and forecast, by application
  - 8.3.6.3.4.Market size and forecast, by industry vertical
  - 8.3.6.4.Italy
  - 8.3.6.4.1.Market size and forecast, by offering
  - 8.3.6.4.2.Market size and forecast, by deployment
  - 8.3.6.4.3.Market size and forecast, by application
  - 8.3.6.4.4.Market size and forecast, by industry vertical
  - 8.3.6.5.Rest of Europe
  - 8.3.6.5.1.Market size and forecast, by offering
  - 8.3.6.5.2.Market size and forecast, by deployment
  - 8.3.6.5.3.Market size and forecast, by application
  - 8.3.6.5.4.Market size and forecast, by industry vertical
8.4.Asia-Pacific
- 8.4.1.Key market trends, growth factors, and opportunities
- 8.4.2.Market size and forecast, by offering
- 8.4.3.Market size and forecast, by deployment
- 8.4.4.Market size and forecast, by application
- 8.4.5.Market size and forecast, by industry vertical
- 8.4.6.Market analysis, by country
  - 8.4.6.1.China
  - 8.4.6.1.1.Market size and forecast, by offering
  - 8.4.6.1.2.Market size and forecast, by deployment
  - 8.4.6.1.3.Market size and forecast, by application
  - 8.4.6.1.4.Market size and forecast, by industry vertical
  - 8.4.6.2.Japan
  - 8.4.6.2.1.Market size and forecast, by offering
  - 8.4.6.2.2.Market size and forecast, by deployment
  - 8.4.6.2.3.Market size and forecast, by application
  - 8.4.6.2.4.Market size and forecast, by industry vertical
  - 8.4.6.3.India
  - 8.4.6.3.1.Market size and forecast, by offering
  - 8.4.6.3.2.Market size and forecast, by deployment
  - 8.4.6.3.3.Market size and forecast, by application
  - 8.4.6.3.4.Market size and forecast, by industry vertical
  - 8.4.6.4.South Korea
  - 8.4.6.4.1.Market size and forecast, by offering
  - 8.4.6.4.2.Market size and forecast, by deployment
  - 8.4.6.4.3.Market size and forecast, by application
  - 8.4.6.4.4.Market size and forecast, by industry vertical
  - 8.4.6.5.Taiwan
  - 8.4.6.5.1.Market size and forecast, by offering
  - 8.4.6.5.2.Market size and forecast, by deployment
  - 8.4.6.5.3.Market size and forecast, by application
  - 8.4.6.5.4.Market size and forecast, by industry vertical
  - 8.4.6.6.Rest of Asia-Pacific
  - 8.4.6.6.1.Market size and forecast, by offering
  - 8.4.6.6.2.Market size and forecast, by deployment
  - 8.4.6.6.3.Market size and forecast, by application
  - 8.4.6.6.4.Market size and forecast, by industry vertical
8.5.LAMEA
- 8.5.1.Key market trends, growth factors, and opportunities
- 8.5.2.Market size and forecast, by offering
- 8.5.3.Market size and forecast, by deployment
- 8.5.4.Market size and forecast, by application
- 8.5.5.Market size and forecast, by industry vertical
- 8.5.6.Market analysis, by country
  - 8.5.6.1.Latin America
  - 8.5.6.1.1.Market size and forecast, by offering
  - 8.5.6.1.2.Market size and forecast, by deployment
  - 8.5.6.1.3.Market size and forecast, by application
  - 8.5.6.1.4.Market size and forecast, by industry vertical
  - 8.5.6.2.Middle East
  - 8.5.6.2.1.Market size and forecast, by offering
  - 8.5.6.2.2.Market size and forecast, by deployment
  - 8.5.6.2.3.Market size and forecast, by application
  - 8.5.6.2.4.Market size and forecast, by industry vertical
  - 8.5.6.3.Africa
  - 8.5.6.3.1.Market size and forecast, by offering
  - 8.5.6.3.2.Market size and forecast, by deployment
  - 8.5.6.3.3.Market size and forecast, by application
  - 8.5.6.3.4.Market size and forecast, by industry vertical

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction
- 9.1.1.Market player positioning, 2020
9.2.Top winning strategies
9.3.Competitive dashboard
9.4.Competitive heatmap

CHAPTER 10:COMPANY PROFILES

10.1.IBM Corporation
- 10.1.1.Company overview
- 10.1.2.Key executives
- 10.1.3.Company snapshot
- 10.1.4.Operating business segments
- 10.1.5.Product portfolio
- 10.1.6.Business performance
- 10.1.7.Key strategic moves and developments
10.2.Intel Corporation
- 10.2.1.Company overview
- 10.2.2.Key executives
- 10.2.3.Company snapshot
- 10.2.4.Operating business segments
- 10.2.5.Product portfolio
- 10.2.6.Business performance
- 10.2.7.Key strategic moves and developments
10.3.BrainChip Holdings Ltd.
- 10.3.1.Company overview
- 10.3.2.Key executives
- 10.3.3.Company snapshot
- 10.3.4.Operating business segments
- 10.3.5.Product portfolio
- 10.3.6.Business performance
- 10.3.7.Key strategic moves and developments
10.4.Qualcomm Incorporated
- 10.4.1.Company overview
- 10.4.2.Key executives
- 10.4.3.Company snapshot
- 10.4.4.Operating business segments
- 10.4.5.Product portfolio
- 10.4.6.Business performance
- 10.4.7.Key strategic moves and developments
10.5.Samsung Electronics Ltd.
- 10.5.1.Company overview
- 10.5.2.Key executives
- 10.5.3.Company snapshot
- 10.5.4.Operating business segments
- 10.5.5.Product portfolio
- 10.5.6.Business performance
- 10.5.7.Key strategic moves and developments
10.6.Samsung Electronics Ltd.
- 10.6.1.Company overview
- 10.6.2.Key executives
- 10.6.3.Company snapshot
- 10.6.4.Operating business segments
- 10.6.5.Product portfolio
- 10.6.6.Business performance
- 10.6.7.Key strategic moves and developments
10.7.General Vision Inc.
- 10.7.1.Company overview
- 10.7.2.Key executives
- 10.7.3.Company snapshot
- 10.7.4.Operating business segments
- 10.7.5.Product portfolio
- 10.7.6.Business performance
- 10.7.7.Key strategic moves and developments
10.8.Applied Brain Research Inc.
- 10.8.1.Company overview
- 10.8.2.Key executives
- 10.8.3.Company snapshot
- 10.8.4.Operating business segments
- 10.8.5.Product portfolio
- 10.8.6.Business performance
- 10.8.7.Key strategic moves and developments
10.9.Numenta
- 10.9.1.Company overview
- 10.9.2.Key executives
- 10.9.3.Company snapshot
- 10.9.4.Operating business segments
- 10.9.5.Product portfolio
- 10.9.6.Business performance
- 10.9.7.Key strategic moves and developments
10.10.Vicarious
- 10.10.1.Company overview
- 10.10.2.Key executives
- 10.10.3.Company snapshot
- 10.10.4.Operating business segments
- 10.10.5.Product portfolio
- 10.10.6.Business performance
- 10.10.7.Key strategic moves and developments