Compare Cart
  • Japanese
  • Korean
  • Traditional Chinese
  • Simplified Chinese
Cover Image
Market Research Report
Product code 
1040477

Neuromorphic Computing Market 2021-2027
Published: | Orion Market Research Pvt Ltd | Delivery time: 2-3 business days

Price

Back to Top
Neuromorphic Computing Market 2021-2027
Published: August 20, 2021
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Global Neuromorphic Computing Market Size, Share &Trends Analysis Report By Offering (Hardware, and Software) By Deployment (Edge Computing, and Cloud Computing) By Application (Data Mining, Object Detection, and Others) By Vertical (Aerospace and Military &Defense, Automotive, Consumer Electronics, and Others) Forecast, 2021-2027

The neuromorphic computing market is anticipated to grow at a substantial CAGR of 19.5% during the forecast period The factors that are driving the demand for global neuromorphic computing market growth include increasing consumer electronics, rising application of neuromorphic computing such as data mining, object detection, image and signal processing, and increasing electric vehicles in automotive industries. The presence of key players in the major economies and the increasing partnership collaborations among them for development in neuromorphic chips for computing is also the factor supporting the growth of the market. Lack of knowledge about neuromorphic computing algorithms, and complexity of these algorithms in designing neuromorphic chips are the restrains that may hinder the market during the forecast period

The neuromorphic computing market was hardly hit by the impact of the COVID-19 pandemic. During the pandemic, the government of major economies in the world announced lockdown, due to which, the manufacturing operation and production units were paused. In addition, transportation facilities were also stopped, which has severely affected the raw material supply chain for neuromorphic chip manufacturing. The demand for neuromorphic chips was less from various verticals such as automotive, military &defense, consumer electronics, IT &telecom, this decreases the revenue of many neuromorphic chips manufacturing companies, hence market registered a negative growth rate during the pandemic period.

The global neuromorphic computing market is segmented based on offering, deployment, application, and vertical. Based on offering, the market is again bifurcated into hardware and software. Based on deployment, the market is bifurcated into edge-cutting, and cloud-computing. Among these, the edge-cutting segment is anticipated to hold the largest revenue during the forecast period. Based on application, it is segregated into data mining, object detection, image &signal processing, and others. During the forecast period, the image &signal processing segment is expected to grow at significant CAGR due to increasing demand for audio signals. Similarly, based on vertical, the market is further categorized into aerospace and military &defense, automotive, consumer electronics, healthcare, IT &Telecom, Industrial, and others. Among these, the automotive segment will grow at a significant CAGR during the forecast period

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is the fastest-growing region in the global neuromorphic computing market. The increasing population due to which the demand for consumer electronics and automobiles have surged drive the growth of the market. Whereas the development in AI and ML technologies and increasing funding for it propelling the growth of the market in the region. North America is projected to dominate the market during the forecast period. The presence of key players such as Intel Corp, IBM Corp, Qualcomm Technologies, Inc., HP Enterprise, among others in the US is the major reason behind the large production of neuromorphic chips. That accelerates the market growth

The key players of the market include Intel Corp., IBM Corp., BrainChip Holdings Ltd., Qualcomm Technologies, Inc., HP Enterprise, Brain Corp, General Vision, Inc., HRL Laboratories LLC, Numenta, Inc., Vicarious FPC, Inc., Samsung Electronics Co. Ltd., Applied Brain Research, Inc., among others. These market players are highly inclined towards the adoption of strategies such as new product launches, partnership collaborations, mergers and acquisitions, and others to remain in the competition

Research Methodology

The market study of the global neuromorphic computing market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

Financial reports of companies involved in the market

Whitepapers, research papers, and news blogs

Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Neuromorphic Computing Market Research and Analysis by Offerings

Global Neuromorphic Computing Market Research and Analysis by Deployment

Global Neuromorphic Computing Market Research and Analysis by Application

Global Neuromorphic Computing Market Research and Analysis by Vertical

The Report Covers

Comprehensive research methodology of the global neuromorphic computing market

This report also includes a detailed and extensive market overview with key analyst insights

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations

Analysis of regional regulations and other government policies impacting the global neuromorphic computing market

Insights about market determinants that are stimulating the global neuromorphic computing market

Detailed and extensive market segments with the regional distribution of forecasted revenues

Extensive profiles and recent developments of market players

Product Code: OMR2024028

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Neuromorphic Computing Industry
  • Recovery Scenario of Global Neuromorphic Computing Industry
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Geography

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Porter's Analysis
    • 2.2.3. Conclusion

3. Competitive Landscape

  • 3.1. Key Company Analysis
    • 3.1.1. Overview
    • 3.1.2. Financial Analysis
    • 3.1.3. SWOT Analysis
    • 3.1.4. Recent Developments
  • 3.2. Key Strategy Analysis
  • 3.3. Impact of COVID-19 on key players

4. Market Determinants

  • 4.1. Motivators
  • 4.2. Restraints
  • 4.3. Opportunities

5. Market Segmentation

  • 5.1. Global Neuromorphic Computing Market, By Offering
    • 5.1.1. Hardware
    • 5.1.2. Software
  • 5.2. Global Neuromorphic Computing Market, ByDeployment
    • 5.2.1. Edge Computing
    • 5.2.2. Cloud Computing
  • 5.3. Global Neuromorphic Computing Market, ByApplication
    • 5.3.1. Data Mining
    • 5.3.2. Object Detection
    • 5.3.3. Image & Signal Processing
    • 5.3.4. Others
  • 5.4. Global Neuromorphic Computing Market, By Vertical
    • 5.4.1. Aerospace and Military & Defense
    • 5.4.2. Automotive
    • 5.4.3. Consumer Electronics
    • 5.4.4. Healthcare
    • 5.4.5. IT & Telecom
    • 5.4.6. Industrials
    • 5.4.7. Others

6. Regional Analysis

  • 6.1. North America
    • 6.1.1. United States
    • 6.1.2. Canada
  • 6.2. Europe
    • 6.2.1. UK
    • 6.2.2. Germany
    • 6.2.3. Italy
    • 6.2.4. Spain
    • 6.2.5. France
    • 6.2.6. Rest of Europe
  • 6.3. Asia-Pacific
    • 6.3.1. China
    • 6.3.2. India
    • 6.3.3. Japan
    • 6.3.4. South Korea
    • 6.3.5. Rest of Asia-Pacific
  • 6.4. Rest of the World
    • 6.4.1. Latin America
    • 6.4.2. Middle East & Africa

7. Company Profiles

  • 7.1. Intel Corp.
  • 7.2. IBMCorp.
  • 7.3. BrainChip Holdings Ltd.
  • 7.4. Qualcomm Technologies, Inc.
  • 7.5. HP Enterprise
  • 7.6. Brain Corp.
  • 7.7. General Vision, Inc.
  • 7.8. HRL Laboratories LLC
  • 7.9. Knowm Inc.
  • 7.10. Numenta, Inc.
  • 7.11. Vicarious FPC, Inc.
  • 7.12. Samsung Electronics Co. Ltd.
  • 7.13. Applied Brain Research, Inc.
  • 7.14. Aspinity Inc.
  • 7.15. BrainCo, Inc.
  • 7.16. Bitbrain Technologies
  • 7.17. Halo Neuro, Inc.
  • 7.18. NextMindSRL
  • 7.19. Cognixion Inc.
  • 7.20. NeuroPace, Inc.
  • 7.21. InnateraNanosystems BV
  • 7.22. MemComputing, Inc.
  • 7.23. Natural Intelligence Systems
  • 7.24. Ceryx Medical Ltd.

LIST OF TABLES

  • 1. GLOBAL NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY OFFERING, 2020-2027 ($ MILLION)
  • 2. GLOBAL NEUROMORPHIC COMPUTING HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 3. GLOBAL NEUROMORPHIC COMPUTING SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 4. GLOBAL NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2020-2027 ($ MILLION)
  • 5. GLOBAL NEUROMORPHIC EDGE COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 6. GLOBAL NEUROMORPHIC CLOUD COMPUTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 7. GLOBAL NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
  • 8. GLOBAL NEUROMORPHIC COMPUTING IN DATA MINING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 9. GLOBAL NEUROMORPHIC COMPUTING IN OBJECT DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 10. GLOBAL NEUROMORPHIC COMPUTING IN IMAGE AND SIGNAL PROCESSING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 11. GLOBAL NEUROMORPHIC COMPUTING IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 12. GLOBAL NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
  • 13. GLOBAL NEUROMORPHIC COMPUTING FOR AEROSPACE AND MILITARY&DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 14. GLOBAL NEUROMORPHIC COMPUTING FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 15. GLOBAL NEUROMORPHIC COMPUTING FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 16. GLOBAL NEUROMORPHIC COMPUTING FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 17. GLOBAL NEUROMORPHIC COMPUTING FOR IT & TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 18. GLOBAL NEUROMORPHIC COMPUTING FOR INDUSTRIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 19. GLOBAL NEUROMORPHIC COMPUTING FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
  • 20. NORTH AMERICAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 21. NORTH AMERICAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY OFFERING,2020-2027 ($ MILLION)
  • 22. NORTH AMERICAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2020-2027 ($ MILLION)
  • 23. NORTH AMERICAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
  • 24. NORTH AMERICAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
  • 25. EUROPEAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 26. EUROPEAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY OFFERING, 2020-2027 ($ MILLION)
  • 27. EUROPEAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2020-2027 ($ MILLION)

28. EUROPEAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION

29. EUROPEAN NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION

  • 30. ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 31. ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY OFFERING, 2020-2027 ($ MILLION)
  • 32. ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BYDEPLOYMENT,2020-2027 ($ MILLION)
  • 33. ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
  • 34. ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)
  • 35. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
  • 36. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY OFFERING, 2020-2027 ($ MILLION)
  • 37. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT,2020-2027 ($ MILLION)
  • 38. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
  • 39. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2020-2027 ($ MILLION)

LIST OF FIGURES

1. IMPACT OF COVID-19 ON GLOBAL NEUROMORPHIC COMPUTING MARKET, 2020-2027 (% MILLION)

2. IMPACT OF COVID-19 ON GLOBAL NEUROMORPHIC COMPUTING MARKET BY SEGMENT, 2020-2027 (% MILLION)

  • 3. RECOVERY OF GLOBAL NEUROMORPHIC COMPUTING MARKET, 2020-2027 (%)
  • 4. GLOBAL NEUROMORPHIC COMPUTING MARKET SHARE BY OFFERING,2020 VS 2027 (%)
  • 5. GLOBAL NEUROMORPHIC COMPUTING MARKET SHARE BY DEPLOYMENT,2020 VS 2027 (%)
  • 6. GLOBAL NEUROMORPHIC COMPUTING MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
  • 7. GLOBAL NEUROMORPHIC COMPUTING MARKET SHARE BY VERTICAL, 2020 VS 2027 (%)
  • 8. GLOBAL NEUROMORPHIC COMPUTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
  • 9. GLOBAL NEUROMORPHIC COMPUTING HARDWARE MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 10. GLOBAL NEUROMORPHIC COMPUTING SOFTWARE MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 11. GLOBAL NEUROMORPHIC EDGE COMPUTING MARKET RESEARCH SHARE BY REGION, 2020 VS 2027 (%)
  • 12. GLOBAL NEUROMORPHIC CLOUD COMPUTING MARKET RESEARCH SHARE BY REGION, 2020 VS 2027 (%)
  • 13. GLOBAL NEUROMORPHIC COMPUTING IN DATA MINING MARKET SHARE BY REGION, 2020-2027 ($ MILLION)
  • 14. GLOBAL NEUROMORPHIC COMPUTING IN OBJECT DETECTION MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 15. GLOBAL NEUROMORPHIC COMPUTING IN IMAGE AND SIGNAL PROCESSING MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 16. GLOBAL NEUROMORPHIC COMPUTING IN OTHERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 17. GLOBAL NEUROMORPHIC COMPUTING FOR AEROSPACE AND MILITARY&DEFENSE MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 18. GLOBAL NEUROMORPHIC COMPUTING FOR AUTOMOTIVE MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 19. GLOBAL NEUROMORPHIC COMPUTING FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 20. GLOBAL NEUROMORPHIC COMPUTING FOR HEALTHCARE MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 21. GLOBAL NEUROMORPHIC COMPUTING FOR IT & TELECOM MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 22. GLOBAL NEUROMORPHIC COMPUTING FOR INDUSTRIALS MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 23. GLOBAL NEUROMORPHIC COMPUTING FOR OTHER VERTICALS MARKET SHARE BY REGION, 2020 VS 2027 (%)
  • 24. US NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 25. CANADA NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 26. UK NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 27. FRANCE NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 28. GERMANY NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 29. ITALY NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 30. SPAIN NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 31. REST OF EUROPE NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 32. INDIA NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 33. CHINA NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 34. JAPAN NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 35. SOUTH KOREA NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)
  • 36. REST OF ASIA-PACIFIC NEUROMORPHIC COMPUTING MARKET SIZE, 2020-2027 ($ MILLION)

37. REST OF THE WORLD NEUROMORPHIC COMPUTING MARKET SIZE, 2021-2027($ MILLION