The global market size of Neuromorphic Computing is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Overview:
Researchers are developing a new type of chip called neuromorphic computing, which uses a spiking neural network architecture. This chip contains 128 neurons and synapses, a core for each of the three Lakemont CPUs, and an off-chip communications network. The Loihi chip was designed for high configurability, which allows it to be tailored for specialized applications. The researchers are currently experimenting with Loihi in a number of different settings, from image processing to speech recognition. Neuromorphic computing can be used to tackle some of the world's pressing engineering and scientific challenges. For example, it could help develop computers that are more powerful or more energy-efficient. Such systems can also help with national security and counterproliferation. The future of this technology is truly endless. In the meantime, we can continue to see many uses for it.
The global neuromorphic computing market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The increasing prevalence of telecom companies in the world is expected to fuel the growth of the global neuromorphic computing market over the forecast period. For instance, according to Forbes, in 2018, there were around 54 major telecommunications companies in the world. The potential for commercial neuromorphic computing is huge. If the idea is successful, it could impact a wide range of fields, including artificial intelligence, biotechnology, and robotics. The human brain has a base energy footprint of around 20 watts. While modern processors can outperform this benchmark in serial tasks, they still consume enormous amounts of energy. A typical desktop computer burns through about 200 watts of power, and some supercomputers consume 20 megawatts. Increasing research and development for neuromorphic computing is estimated to augment the growth of the global neuromorphic computing market.
Restraints:
Less awareness related to neuromorphic computing is expected to hinder the growth of the global neuromorphic computing market.
Regional Insights:
In regions, North America is expected to dominate the growth of the global neuromorphic computing market, owing to the increasing prevalence of telecom companies in the region. For instance, according to the United States Telecom Association, there are currently around 676 wireless telecommunications carriers in the U.S.
Moreover, the Asia Pacific is expected to witness significant growth in the global neuromorphic computing market owing to the increasing presence of key manufacturers in the region, along with high investments in the technology sector.
Competitive Section:
Key players operating in the global neuromorphic computing market include Koniku, Ceryx Medical, Natural Intelligence Systems, MemComputing, Innatera Nanosystems, Mindmaze, Neuropace, Cognixion, Nextmind SRL, Kernel, Halo Neuroscience, Bit Brain Technologies, BrainCo, Inc., Aspinity, Inc., Numenta, Vicarious, Applied Brain Research Inc., General Vision Inc., HRL Laboratories, LLC, Samsung Electronics Ltd., HP Enterprise, Qualcomm, BrainChip Holdings Ltd., IBM Corporation, and Intel Corp.
In June 2019, Intel announced that a new 8 million neuron neuromorphic system comprising of 64 Loihi research chips will be available to a broader research community.
In March 2020, Intel announced that Pohoiki Springs is ready with a capacity of 100 million neurons.
Global Neuromorphic Computing Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Neuromorphic Computing industry.
The key insights of the report:
1. The report provides key statistics on the market status of the Neuromorphic Computing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3. The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report estimates 2019-2025 market development trends of Neuromorphic Computing industry.
6. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7. The report makes some important proposals for a new project of Neuromorphic Computing Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Neuromorphic Computing as well as some small players. At least 8 companies are included:
* HP Corp. (U.S.)
* Samsung Electronics Ltd. (South Korea)
* Intel Corp. (U.S.)
* HRL Laboratories
* LLC (U.S.)
* General Vision Inc. (U.S.)
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Neuromorphic Computing market
* Image Recognition
* Signal Recognition
* Data Mining
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Aerospace & Defense
* IT & Telecom
* Automotive
* Medical
* Industrial
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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