Market Research Report
Neuromorphic Computing: Opportunity Analysis
|Neuromorphic Computing: Opportunity Analysis|
Published: December 28, 2020
Frost & Sullivan
Content info: 62 Pages
Delivery time: 1-2 business days
Invasive and Non-invasive Solutions Drive Opportunities in the Neuromorphic Computing Industry
Conventional artificial intelligence (AI)-enabled processors are based on rule-based algorithms and are optimized for applications, such as real-time monitoring and reporting. However, with increasing demand for fully autonomous solutions, there is a need for perceptive solutions capable of making probabilistic decisions, replicating the human brain.
With technology advancements in chipset architecture and algorithms, neuromorphic chipsets are processing powerhouses that are logically analogous to neurons that exist in biological human brains and efficiently perform complicated decision-making tasks. Neuromorphic computing holds the potential to emerge as a vital breakthrough in applications across the healthcare, manufacturing, and aerospace & defense sectors. With increased funding and related support from government bodies and Tier-1 OEMs, neuromorphic solutions are poised to witness exponential traction from venture capitalists and government bodies in the years to come.