Global Neuromorphic Chips Market to Reach $16.2 Billion by 2030
The global market for Neuromorphic Chips estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$16.2 Billion by 2030, growing at a CAGR of 20.2% over the analysis period 2022-2030. Image Recognition, one of the segments analyzed in the report, is projected to record a 22.4% CAGR and reach US$6.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Data Mining segment is readjusted to a revised 20% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 19.2% CAGR
The Neuromorphic Chips market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.7 Billion by the year 2030 trailing a CAGR of 19.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 16.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.Select Competitors (Total 46 Featured) -
- Brain Corp.
- General Vision
- Hewlett Packard Enterprise Development LP (HPE)
- Hrl Laboratories, LLC
- IBM Corporation
- Intel Corporation
- Lockheed Martin Corporation
- Qualcomm Technologies, Inc.
- Samsung Electronics Co., Ltd.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Neuromorphic Chip - A Prelude
- Neuromorphic Chips - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
3. MARKET TRENDS & DRIVERS
- The End of Moore’s Law Paves Way for Adoption of Neuromorphic Computing: A Significant Growth Driver
- Surge in Need for Better Performing ICs and Miniaturization of Devices Boosts Demand for Neuromorphic Chips
- Neuromorphic Chips: Future of Artificial Intelligence and Machine Learning
- Global Deep Learning Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- Increase in Demand for IoT-based Wearable Devices Fuels Market Growth
- Global IoT Devices Market: Installed base in Billion Units for the Years 2019, 2021, 2023, 2025
- Increasing Automation in Emerging Applications such as High-tech Robots and Autonomous Cars: Opportunity for Neuromorphic Chips Market
- Increasing Importance of Neuromorphic Computing in Cyber Security Facilitates Market Growth
- Challenges
- Lack of R&D and Investments Slowing Down the Development of Real-World Applications
- Complex Algorithms Increase the Complexity of Designing Hardware of Neuromorphic Chips
- Innovations and Advancements
- Product Overview
- Neuromorphic Chip: Definition
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Neuromorphic Chips Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 2: World Recent Past, Current & Future Analysis for Neuromorphic Chips by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 3: World 8-Year Perspective for Neuromorphic Chips by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Image Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World 8-Year Perspective for Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 6: World Recent Past, Current & Future Analysis for Data Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 7: World 8-Year Perspective for Data Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 8: World Recent Past, Current & Future Analysis for Signal Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 9: World 8-Year Perspective for Signal Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 15: World 8-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World 8-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 18: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 19: World 8-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 20: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 21: World 8-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 23: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 24: USA Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: USA 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 26: USA Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: USA 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
CANADA
- Table 28: Canada Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Canada 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 30: Canada Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 31: Canada 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
JAPAN
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 32: Japan Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Japan 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 34: Japan Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: Japan 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
CHINA
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 36: China Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: China 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 38: China Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
EUROPE
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 40: Europe Recent Past, Current & Future Analysis for Neuromorphic Chips by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 41: Europe 8-Year Perspective for Neuromorphic Chips by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 42: Europe Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: Europe 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 44: Europe Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
FRANCE
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 46: France Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: France 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 48: France Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: France 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
GERMANY
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 50: Germany Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Germany 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 52: Germany Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: Germany 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
ITALY
- Table 54: Italy Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: Italy 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 56: Italy Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Italy 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
UNITED KINGDOM
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 58: UK Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: UK 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 60: UK Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: UK 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
REST OF EUROPE
- Table 62: Rest of Europe Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Rest of Europe 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 64: Rest of Europe Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 65: Rest of Europe 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
ASIA-PACIFIC
- Neuromorphic Chips Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 66: Asia-Pacific Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 67: Asia-Pacific 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 68: Asia-Pacific Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 69: Asia-Pacific 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
REST OF WORLD
- Table 70: Rest of World Recent Past, Current & Future Analysis for Neuromorphic Chips by Application - Image Recognition, Data Mining, Signal Recognition and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 71: Rest of World 8-Year Perspective for Neuromorphic Chips by Application - Percentage Breakdown of Value Sales for Image Recognition, Data Mining, Signal Recognition and Other Applications for the Years 2023 & 2030
- Table 72: Rest of World Recent Past, Current & Future Analysis for Neuromorphic Chips by End-Use - Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 73: Rest of World 8-Year Perspective for Neuromorphic Chips by End-Use - Percentage Breakdown of Value Sales for Consumer Electronics, Automotive, Industrial, Aerospace & Defense, Healthcare and Other End-Uses for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Brain Corp.
- General Vision
- Hewlett Packard Enterprise Development LP (HPE)
- Hrl Laboratories, LLC
- IBM Corporation
- Intel Corporation
- Lockheed Martin Corporation
- Qualcomm Technologies, Inc.
- Samsung Electronics Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 223 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 3.7 Billion |
| Forecasted Market Value ( USD | $ 16.2 Billion |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
