Neuromorphic Computing Market Size, Share & Trends Analysis Report By Application (Signal Processing, Image Processing, Data Processing, Object Detection) By End Use, By Region, And Segment Forecasts, 2018 - 2024 - Product Image

Neuromorphic Computing Market Size, Share & Trends Analysis Report By Application (Signal Processing, Image Processing, Data Processing, Object Detection) By End Use, By Region, And Segment Forecasts, 2018 - 2024

  • ID: 4538868
  • Report
  • 93 pages
  • Grand View Research
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FEATURED COMPANIES

  • Brain Corporation (U.S.)
  • CEA-Leti (France)
  • Hewlett Packard (U.S.)
  • HRL Laboratories (U.S.)
  • IBM Corporation (U.S.)
  • Intel Corporation (U.S.)
  • MORE
The global neuromorphic computing market size is expected to reach USD 6.48 billion by 2024., registering a 20.2% CAGR during the forecast period. Rising demand for artificial intelligence and cognitive and brain robots is acting as a major growth driving factor for the market.

Neuromorphic chips allow users to avail numerous advantages such as high speed, low power consumption, cognitive computing, and optimum usage of memory. In addition, these chips find high application in aerial surveillance, satellite imagery, and audio and signal processing. There has been considerable demand from a wide range of industrial verticals, such as consumer electronics, automotive, robotics, and military and defense.

Major industry players are focusing on development of neural processing units, which can be combined in a processor chip for reverse-engineering of the human brain. Companies increasingly making significant investments in R&D activities pertaining to development of neuroscience and computing before foraying into the industry.

Further key findings from the study suggest:
  • The consumer electronics end-use segment dominated the global neuromorphic computing market, accounting for a share of over 62.0% in 2016. This can be attributed to increasing utilization of brain computers and smart wearable devices
  • North America dominated the market and acquired 34.0% of the total market in 2016. This can be majorly attributed to presence of key neuromorphic chip vendors in the region
  • The signal processing application segment accounted for 30.0% of the global revenue in 2016, owing to increasing demand for processing acoustic and audio signals
  • Key industry participants include Brain Corporation (U.S.); CEA Leti (France); General Vision, Inc. (U.S.); Hewlett Packard (U.S.); HRL Laboratories LLC (U.S.); IBM Corporation (U.S.); Intel Corporation (U.S.); Knowm Inc. (U.S.); Numenta, Inc. (U.S.); Qualcomm Inc. (U.S.); and Vicarious FPC, Inc. (U.S.)
  • Industry vendors are emphasizing on product development for new applications and forming technology alliances to gain a competitive edge in the industry.


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FEATURED COMPANIES

  • Brain Corporation (U.S.)
  • CEA-Leti (France)
  • Hewlett Packard (U.S.)
  • HRL Laboratories (U.S.)
  • IBM Corporation (U.S.)
  • Intel Corporation (U.S.)
  • MORE
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Neuromorphic Computing - Industry snapshot & key buying criteria, 2016 - 2024

Chapter 3. Neuromorphic Computing Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Neuromorphic computing value chain analysis
3.3.1. Vendor landscape
3.4. Neuromorphic computing market dynamics
3.4.1. Market driver analysis
3.4.1.1. Increasing demand for high-performance ICs
3.4.1.2. Growing demand for Artificial Intelligence (AI) based services
3.4.1.3. Radical shift from traditional ICs towards the neuron architecture
3.4.2. Market restraint analysis
3.4.2.1. Complex hardware and software
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Neuromorphic computing - Key competitor analysis, 2016
3.8. Neuromorphic computing market PESTEL analysis, 2016

Chapter 4. Neuromorphic Computing Application Outlook
4.1 Signal Processing
4.1.1. Global market estimates and forecasts, 2016 - 2024
4.2 Image Processing
4.2.1 Global market estimates and forecasts, 2016 - 2024
4.3 Data Processing
4.3.1 Global market estimates and forecasts, 2016 - 2024
4.4 Object Detection
4.4.1 Global market estimates and forecasts, 2016 - 2024
4.5 Others
4.5.1 Global market estimates and forecasts, 2016 - 2024

Chapter 5. Neuromorphic Computing End-use Outlook
5.1. Consumer Electronics
5.1.1 Global market estimates and forecasts, 2016 - 2024
5.2 Automotive
5.2.1 Global market estimates and forecasts, 2016 - 2024
5.3. Healthcare
5.3.1 Global market estimates and forecasts, 2016 - 2024
5.4. Military & Defense
5.4.1 Global market estimates and forecasts, 2016 - 2024
5.5. Others
5.5.1 Global market estimates and forecasts, 2016 - 2024

Chapter 6. Neuromorphic Computing Regional Outlook
6.1. North America
6.1.1. Neuromorphic computing market by application, 2016 - 2024
6.1.2. Neuromorphic computing market by end-use, 2016 - 2024
6.1.3. U.S.
6.1.3.1. Neuromorphic computing market by application, 2016 - 2024
6.1.3.2. Neuromorphic computing market by end-use, 2016 - 2024
6.1.4. Canada
6.1.4.1. Neuromorphic computing market by application, 2016 - 2024
6.1.4.2. Neuromorphic computing market by end-use, 2016 - 2024
6.1.5. Mexico
6.1.5.1. Neuromorphic computing market by application, 2016 - 2024
6.1.5.2. Neuromorphic computing market by end-use, 2016 - 2024
6.2. Europe
6.2.1. Neuromorphic computing market by application, 2016 - 2024
6.2.2. Neuromorphic computing market by end-use, 2016 - 2024
6.2.3. Germany
6.2.3.1. Neuromorphic computing market by application, 2016 - 2024
6.2.3.2. Neuromorphic computing market by end-use, 2016 - 2024
6.2.4. U.K.
6.2.4.1. Neuromorphic computing market by application, 2016 - 2024
6.2.4.2. Neuromorphic computing market by end-use, 2016 - 2024
6.2.5. France
6.2.5.1. Neuromorphic computing market by application, 2016 - 2024
6.2.5.2. Neuromorphic computing market by end-use, 2016 - 2024
6.3. Asia Pacific
6.3.1. Neuromorphic computing market by application, 2016 - 2024
6.3.2. Neuromorphic computing market by end-use, 2016 - 2024
6.3.3. China
6.3.3.1. Neuromorphic computing market by application, 2016 - 2024
6.3.3.2. Neuromorphic computing market by end-use, 2016 - 2024
6.3.4. Japan
6.3.4.1. Neuromorphic computing market by application, 2016 - 2024
6.3.4.2. Neuromorphic computing market by end-use, 2016 - 2024
6.3.5. India
6.3.5.1. Neuromorphic computing market by application, 2016 - 2024
6.3.5.2. Neuromorphic computing market by end-use, 2016 - 2024
6.4. South America
6.4.1. Neuromorphic computing market by application, 2016 - 2024
6.4.2. Neuromorphic computing market by end-use, 2016 - 2024
6.4.3. Brazil
6.4.3.1. Neuromorphic computing market by application, 2016 - 2024
6.4.3.2. Neuromorphic computing market by end-use, 2016 - 2024
6.5. Middle East and Africa
6.5.1. Neuromorphic computing market by application, 2016 - 2024
6.5.2. Neuromorphic computing market by end-use, 2016 - 2024

Chapter 7. Competitive Landscape
7.1. Revenue Analysis
7.2. Technology Benchmarking
7.3. Strategic Development

Chapter 8. Companies analyzed
8.1 IBM Corporation (U.S.)
8.1.1. Revenue Analysis
8.1.2. Technology Benchmarking
8.1.3. Strategic Development
8.2 Hewlett Packard (U.S.)
8.2.1. Revenue Analysis
8.2.2. Technology Benchmarking
8.2.3. Strategic Development
8.3. Samsung Electronics Co. Ltd. (South Korea)
8.3.1. Revenue Analysis
8.3.2. Technology Benchmarking
8.3.3. Strategic Development
8.4. Intel Corporation (U.S.)
8.4.1. Revenue Analysis
8.4.2. Technology Benchmarking
8.4.3. Strategic Development
8.5. Qualcomm Inc. (U.S.)
8.5..1. Revenue Analysis
8.5..2. Technology Benchmarking
8.5..3. Strategic Development
8.6. Brain Corporation (U.S.)
8.6..1. Revenue Analysis
8.6..2. Technology Benchmarking
8.6..3. Strategic Development
8.7. General Vision Inc. (U.S.)
8.7.1. Revenue Analysis
8.7.2. Technology Benchmarking
8.7.3. Strategic Development
8.8. HRL Laboratories (U.S.)
8.8.1. Revenue Analysis
8.8.2. Technology Benchmarking
8.8.3. Strategic Development
8.9. Vicarious (U.S.)
8.9..1. Revenue Analysis
8.9..2. Technology Benchmarking
8.9..3. Strategic Development
8.10. CEA-Leti (France)
8.10.1. Revenue Analysis
8.10.2. Technology Benchmarking
8.10.3. Strategic Development
8.11. Knowm Inc. (U.S.)
8.11.1. Revenue Analysis
8.11.2. Technology Benchmarking
8.11.3. Strategic Development
8.12. Numenta (U.S.)
8.12.1. Revenue Analysis
8.12.2. Technology Benchmarking
8.12.3. Strategic Development

List of Tables

Table 1 Neuromorphic computing - Industry snapshot & key buying criteria, 2016 - 2024
Table 2 Global neuromorphic computing market, 2016 - 2024 (USD Million)
Table 3 Global market estimates and forecasts by region, 2016 - 2024 (USD Million)
Table 4 Global market estimates and forecasts by application, 2016 - 2024 (USD Million)
Table 5 Global market estimates and forecasts by end-use, 2016 - 2024 (USD Million)
Table 6 Neuromorphic computing - Key market driver impact
Table 7 Neuromorphic computing - Key market restraint impact
Table 8 Key neuromorphic computing competitor market share analysis, 2016

List of Figures

FIG. 1 Neuromorphic computing market segmentation
FIG. 2 Neuromorphic computing market, 2016 - 2024 (USD Million)
FIG. 3 Neuromorphic computing value chain analysis
FIG. 4 Neuromorphic computing market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 Neuromorphic computing - Porter’s analysis
FIG. 7 Neuromorphic computing - PESTEL analysis
FIG. 8 Neuromorphic computing market share by application, 2016 & 2024
FIG. 9 Neuromorphic computing market share by end-use, 2016 & 2024
FIG. 10 Neuromorphic computing market volume share by region, 2016 & 2024
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  • IBM Corporation (U.S.)
  • Hewlett Packard (U.S.)
  • Samsung Electronics Co. Ltd. (South Korea)
  • Intel Corporation (U.S.)
  • Qualcomm Inc. (U.S.)
  • Brain Corporation (U.S.)
  • General Vision Inc. (U.S.)
  • HRL Laboratories (U.S.)
  • Vicarious (U.S.)
  • CEA-Leti (France)
  • Knowm Inc. (U.S.)
  • Numenta (U.S.)
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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