Neuromorphic Chip Market, By Application, By Vertical, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

The neuromorphic chip is a new, miniaturized microchip that takes inspiration from the actual human mind to recreate its complex thought processing algorithms and information processing systems. The human mind processes information rapidly and stores it in memory with more than 100 billion synaptic neurons constantly communicating with each other through over 100 gigabytes of synapses, which constitute the connecting pathways. When information is retrieved by the brain, it only requires about 10ms to retrieve the data, a speedy process compared to the evolution of the Human Brain (which was found to be much slower than the previously believed, thinking machines, which had a much larger number of neurons). A neuromorphic chip made out of Nano photonics will allow scientists to control and manipulate matter at a molecular level. Scientists believe that they may be able to create computers that are as small as a single atom. In addition, this type of chip may also be used to control tissue in a non-invasive manner.

Market Dynamics:

Increasing demand for machine learning and artificial intelligence is expected to drive growth of the global neuromorphic chip market during the forecast period. Machine learning and artificial intelligence has been used in diverse range of end-use sectors and applications including automobile, healthcare, consumer service, disease mapping, social media monitoring, and etc. Neuromorphic computing is designed to emulate human brain capabilities, which in turn, has increased the importance of machine learning and artificial intelligence.

Integration of smart machines is expected to propel the global neuromorphic chip market growth over the forecast period. Smart machines are based on cognitive computing and artificial intelligence and have emerged as major trends across the globe. Smart machine manufacturers are integrating neuromorphic chips into their systems, in order to enhance overall performance. Furthermore, the ability of these systems to learn from their surroundings and interactions and respond suitably without the need for preprograming is encouraging the adoption of these smart machines in lieu of conventional machines.

Moreover, cross-industry partnerships and collaborations is expected to accelerate growth of the global neuromorphic chip market growth over the forecast period.

Key features of the study:

This report provides in-depth analysis of the neuromorphic chip market, and provides market size (US$ Million and compound annual growth rate (%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global neuromorphic chip market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include IBM Research, Inc., Knowm Inc., Intel Corp., BrainChip Holdings Ltd., General Vision Inc., HRL Laboratories, LLC, Qualcomm Technologies Inc., and Hewlett Packard Labs.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global neuromorphic chip market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neuromorphic chip market.

Detailed Segmentation:

Global Neuromorphic Chip Market, By Application
- Image Recognition
- Single Recognition
- Data Mining
- Other
Global Neuromorphic Chip Market, By Vertical
- Aerospace & Defence
- Automotive
- Consumer Electronics
- Healthcare
- Industrial
- Other
Global Neuromorphic Chip Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- IBM Research, Inc. *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Knowm Inc.
- Intel Corp.
- BrainChip Holdings Ltd.
- General Vision Inc.
- HRL Laboratories, LLC
- Qualcomm Technologies Inc.
- Hewlett Packard Labs.

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI4757

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Vertical
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing demand for artificial intelligence systems
Integration of smart machines
- Restraints
Challenges associated with the development of complex algorithms
Slow commercialization and high cost of neuromorphic chips
- Opportunities
Conjunction of next-generation strategies
Integration in portable consumer devices
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Neuromorphic Chip Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Neuromorphic Chip Market, By Vertical, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Image Recognition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Signal Recognition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Data Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)

6. Global Neuromorphic Chip Market, By Application, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017-2030
- Segment Trends
Aerospace & Defence
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Consumer Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)
Other
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Bn)

7. Global Neuromorphic Chip Market, By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030, (US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030, (US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030, (US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030, (US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application 2017-2030, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030, (US$ Bn)

8. Competitive Landscape

IBM Research, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Knowm Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Intel Corp.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
BrainChip Holdings Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
General Vision Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
HRL Laboratories, LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Qualcomm Technologies Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Hewlett Packard Labs
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
About us

Neuromorphic Chip Market, By Application, By Vertical, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030