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Global Neuromorphic Chip Market

  • Published Date: 24 Jul 2018
  • Number of Pages: 212
  • Category: Healthcare and Medical
  • Country: Global

Neuromorphic computing involves use of very large scale integrated circuits which mimic the neuro-biological systems present in a human brain and his nervous system. Neuromorphic chips, thus, are circuits modelled on human brain and they process images and sound from the input data and respond to the changes in the upcoming data. As a human brain processes information through billions of neurons simultaneously, the neuromorphic chips are also conceptualized to do the same. They are nowhere as capable as the brain, however they are faster than the current processors used in mainframe computers and smartphones.

Market Dynamics:

The increasing demand for Internet of Things and Data Analytics is expected to drive the demand for neuromorphic chips across the globe. Increase in Artificial Intelligence technology would also lead to more penetration of the neuromorphic chip market. There lies an opportunity for this market to grow as it reaches out to wide end users. With the growing impetus and investment on neuroscience research by governments and academic institutions, its demand is going to increase.

The various segments like aerospace, logistics, automobile and defence sectors are increasingly using neuromorphic technology for their applications. Miniaturization of Integrated circuits and shrinkage of smartphone size would also drive the growth of neuromorphic chip market. However, this can also act as a hindrance to this market as miniaturization leads to complexities in hardware design. The other restraint to the growth of neuromorphic chip market is the memory capacity of the neuromorphic chips. But with the advancement in technology, it is expected these complexities can be navigated easily.

Market Segmentation:

The Global Neuromorphic Chip market can be segmented on the basis of application and end user.

Application type:

Signal Processing
Data Processing
Image Recognition
End User type:
Military and defence
Consumer Industry
Geographical Analysis:

Geographically, the market is segmented into North America, Asia Pacific, Europe and South America. Geographically, North America is the largest market for Neuromorphic Chip because of the presence of already established infrastructure. This is also because the defence and aerospace sectors making huge demand for these chips in this region. Enhancement of digital technologies in emerging markets like China and India have also made the Asia Pacific region a growing market. Europe is the 2nd largest growing market after North America followed by Asia Pacific and Middle East and Africa.

Key Players:

Some of the key companies in Global Neuromorphic Chips market are IBM, Intel, General Vision Inc, Brain Corporation, HP Corporation, HRL Laboratories, Lockheed Martin Corporation, Qualcomm, Samsung, International Business Machine Corporation and Vicarious FPC Inc.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus

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