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Pune, Feb 14,2020
Global Neuromorphic Computing Market to reach USD 8.9 billion by 2025.
Global Neuromorphic Computing Market valued approximately USD 1.6 billion in 2016 is anticipated to grow with a healthy growth rate of more than 21% over the forecast period 2017-2025. The major factors driving the growth of the market include growth in the sensors market; rising demand for artificial intelligence and machine learning; increasing adoption of software in applications such as continuous online learning, real-time data streaming, predictive analysis, and data modelling; need for better performing ICs; growing demand for neuromorphic computing in applications such as video monitoring, machine vision, and voice identification; and the end of Moore’s law leading to new ways of computing. The emerging trend of combining neuroscience computation and embodied models has led to an upsurge in demand for design and development of neuromorphic chips for brain-based robots and cognitive robots. Rising need for machine learning tools has further contributed to industry expansion.
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North America is the largest and rapidly growing market for neuromorphic computing due to the initiatives taken by major chip designing companies such as IBM Corporation (U.S.), Intel (U.S.), and General Vision (U.S.). The global industry is expected to gain momentum in Asia Pacific and South America due to growing demand for automation in emerging nations such as China, India, and Brazil.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Table of Content:
1.1 Scope of Study
2 Key Takeaways
3 Neuromorphic Computing Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Neuromorphic Computing Market- Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Neuromorphic Computing Market Analysis- Global
5.1 Global Neuromorphic Computing Market Overview
5.2 Global Neuromorphic Computing Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Neuromorphic Computing Market
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