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LAMEA Neural Processor Market Size, Share & Trends Analysis Report By Application, By End User (Retail, Defense Agencies, Media, BFSI, Healthcare, Logistics, and Others), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 121 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955265
The Latin America, Middle East and Africa Neural Processor Market would witness market growth of 20.6% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Neural Processor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,278.2 Thousands by 2031. The Argentina market is showcasing a CAGR of 21.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 20.2% during (2024 - 2031).



One notable trend is the integration of neural processors into smaller, low-power devices, such as IoT sensors, edge devices, and mobile devices. Manufacturers are leveraging advancements in semiconductor technology to miniaturize neural processors and embed them directly into consumer electronics, enabling AI inference at the edge and on-device processing without relying on cloud connectivity.

Moreover, another trend is the continuous advancements in neural processor architecture and design. Companies are developing innovative hardware architectures optimized for specific AI tasks, such as convolutional neural networks (CNNs) for image recognition, recurrent neural networks (RNNs) for natural language processing, and transformer architectures for language translation. These architectures leverage parallel processing, specialized accelerators, and memory optimizations to maximize performance and energy efficiency.

The UAE government has been promoting digital health initiatives to enhance healthcare delivery, improve patient outcomes, and increase efficiency in the healthcare system. Telemedicine, electronic health records (EHR), remote monitoring, and mobile health applications are being adopted to provide accessible and convenient healthcare services. Hence, the rising logistics and healthcare sectors in LAMEA can help in the growth of the regional neural processor market.

Based on Application, the market is segmented into Hardware Diagnostics, Image Optimization, Fraud Detection, Financial Forecasting, and Others. Based on End User, the market is segmented into Retail, Defense Agencies, Media, BFSI, Healthcare, Logistics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Applied Brain Research, Inc.
  • BrainChip Holdings Ltd
  • Intel Corporation
  • Samsung Electronics Co., Ltd.
  • Hewlett Packard Enterprise Company
  • NVIDIA Corporation
  • Bit&Brain Technologies S.L
  • BrainCo, Inc.
  • General Vision Inc.
  • Aspinity, Inc.

Market Report Segmentation

By Application
  • Hardware Diagnostics
  • Image Optimization
  • Fraud Detection
  • Financial Forecasting
  • Others
By End User
  • Retail
  • Defense Agencies
  • Media
  • BFSI
  • Healthcare
  • Logistics
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Neural Processor Market, by Application
1.4.2 LAMEA Neural Processor Market, by End User
1.4.3 LAMEA Neural Processor Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Neural Processor Market
Chapter 5. LAMEA Neural Processor Market by Application
5.1 LAMEA Hardware Diagnostics Market by Country
5.2 LAMEA Image Optimization Market by Country
5.3 LAMEA Fraud Detection Market by Country
5.4 LAMEA Financial Forecasting Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Neural Processor Market by End User
6.1 LAMEA Retail Market by Country
6.2 LAMEA Defense Agencies Market by Country
6.3 LAMEA Media Market by Country
6.4 LAMEA BFSI Market by Country
6.5 LAMEA Healthcare Market by Country
6.6 LAMEA Logistics Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Neural Processor Market by Country
7.1 Brazil Neural Processor Market
7.1.1 Brazil Neural Processor Market by Application
7.1.2 Brazil Neural Processor Market by End User
7.2 Argentina Neural Processor Market
7.2.1 Argentina Neural Processor Market by Application
7.2.2 Argentina Neural Processor Market by End User
7.3 UAE Neural Processor Market
7.3.1 UAE Neural Processor Market by Application
7.3.2 UAE Neural Processor Market by End User
7.4 Saudi Arabia Neural Processor Market
7.4.1 Saudi Arabia Neural Processor Market by Application
7.4.2 Saudi Arabia Neural Processor Market by End User
7.5 South Africa Neural Processor Market
7.5.1 South Africa Neural Processor Market by Application
7.5.2 South Africa Neural Processor Market by End User
7.6 Nigeria Neural Processor Market
7.6.1 Nigeria Neural Processor Market by Application
7.6.2 Nigeria Neural Processor Market by End User
7.7 Rest of LAMEA Neural Processor Market
7.7.1 Rest of LAMEA Neural Processor Market by Application
7.7.2 Rest of LAMEA Neural Processor Market by End User
Chapter 8. Company Profiles
8.1 Applied Brain Research, Inc.
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 BrainChip Holdings Ltd
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Bit&Brain Technologies S.L
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 BrainCo, Inc.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 General Vision Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Aspinity, Inc.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Samsung Electronics Co., Ltd. (Samsung Group)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Product Launches and Product Expansions:
8.7.5 SWOT Analysis
8.8 Hewlett Packard Enterprise Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Intel Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. NVIDIA Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
8.10.5.3 Acquisition and Mergers:

Companies Mentioned

  • Applied Brain Research, Inc.
  • BrainChip Holdings Ltd
  • Intel Corporation
  • Samsung Electronics Co., Ltd.
  • Hewlett Packard Enterprise Company
  • NVIDIA Corporation
  • Bit&Brain Technologies S.L
  • BrainCo, Inc.
  • General Vision Inc.
  • Aspinity, Inc.

Methodology

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