Neuromorphic Computing Market Application (Data Mining, Image Recognition, Object Detection, and Signal Recognition), and Industry (Into IT & Telecom, Medical, Consumer Electronics, Aerospace & Defense, Automotive, Industrial and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 01-Dec-2020 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-827 Status : Published

According to the report published by Zion Market Research, global demand for Neuromorphic Computing market was valued at approximately USD 43.09 Million in 2019, and is expected to generate revenue of around USD 654.16 Million by end of 2026, growing at a CAGR of around 48.91% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Neuromorphic Computing market was valued at approximately USD 43.09 Million in 2019, and is expected to generate revenue of around USD 654.16 Million by end of 2026, growing at a CAGR of around 48.91% between 2020 and 2026.

Global Neuromorphic Computing Market: Overview

Large integration systems containing numerous analog circuits, which replicate the neurobiological behaviors that exist in the human nervous system and this replication is done using the neuromorphic computing. They consist of two main systems that are based on the hardware architecture that is custom made. These systems are made in such a way that they program the neural microcircuits and brain-like thought process is applied in the machine learning process and cognitive computing. Thus, owing to this, the machine learns, functions, and adapts itself like a human brain. The neuromorphic computing systems are devices that are brain inspiring and are capable of high-speed simulations and low energy. SpiNNaker system and BrainScaleS are the two neuromorphic computing systems.

Global Neuromorphic Computing Market: Growth Factors

The rise in the demand for artificial intelligence has triggered the global neuromorphic computing market. For the reverse-engineering of the human brain, the industry vendors are concentrating on the development of the neural processing unit that can be included in the processor chip. The global market is growing owing to the increase in demand for the brain and cognitive robots. Various industrial sectors such as the automotive, electronics and the robotics are making use of the neuromorphic computing technology, hence positively impacting the global market growth. Other verticals that are driving the demand are the satellite imagery and the aerial surveillance. The growth in the signal processing and the audio processing applications are positively impacting the industry. The segment that holds the largest share in the global market growth is the consumer electronics. The neuromorphic computing is used in the smart and self-driven vehicles which are bringing the transportation segment to a next level. The factor that is restraining the growth of the global market is the shortage of the investments for the research and development works. The other factor is that complex algorithms and upgraded software are required to make the chips, which is challenging the global market growth.

Global Neuromorphic Computing Market: Segmentation

The global neuromorphic computing market is segmented on the basis of application, industry and the regions. On the basis of application, the global neuromorphic computing market is segregated into data mining, image recognition, object detection and signal recognition. Based on the industry, the global market is categorized into IT and telecom, medical, consumer electronics, aerospace and defense, automotive, industrial and others.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Neuromorphic Computing Market: Regional Analysis

The region dominating the global neuromorphic computing market is North America. The countries such as Mexico, the U.S., and Canada are holding a major share in the global neuromorphic computing market. The major market in the North American region contributing to the global market growth is the image recognition industry. The growing demand for automation in countries such as South Korea, China, Brazil, and India is triggering the global market growth in the Asia-Pacific and the South American regions. The European market is also gaining momentum owing to the rise of opportunities for the neuromorphic projects.

Global Neuromorphic Computing Market: Competitive Players

Some main participants of the Neuromorphic Computing market are Hewlett-Packard, Samsung Electronics Co. Ltd., Intel Corporation, HRL Laboratories, Vicarious FPC, Inc., Numenta, Inc., CEA-Leti, IBM Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., Knowm Inc., and Applied Brain Research Inc., among others.

Neuromorphic Computing Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Neuromorphic Computing Market, 2016 – 2026 (USD Million)
    • 3.2.Global Neuromorphic Computing Market: Snapshot
  • Chapter 4.Neuromorphic Computing Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
      • 4.2.1.XXXX
      • 4.2.2.Increasing Demand for the Internet
    • 4.3.Restraints
      • 4.3.1.XXXX.
    • 4.4.Opportunities
      • 4.4.1.XXXX
    • 4.5.Porter’s Five Forces Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Neuromorphic Computing Market Attractiveness, By Application
    • 5.2.Global Neuromorphic Computing Market Attractiveness, By Industry
    • 5.3.Global Neuromorphic Computing Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis
      • 6.1.1.Global Neuromorphic Computing Market: Company Market Share, 2019
    • 6.2.Strategic Developments
  • Chapter 7.Neuromorphic Computing Market – Application Segment Analysis
    • 7.1.Global Neuromorphic Computing Market Overview: by Application
      • 7.1.1.Global Neuromorphic Computing Market Revenue Share, by Application, 2019 & 2026
    • 7.2.Data Mining
      • 7.2.1.Global Neuromorphic Computing Market for Data Mining, Revenue (USD Million) 2016 – 2026
    • 7.3.Image Recognition
      • 7.3.1.Global Neuromorphic Computing Market for Image Recognition, Revenue (USD Million) 2016 – 2026
    • 7.4.Object Detection
      • 7.4.1.Global Neuromorphic Computing Market for Object Detection, Revenue (USD Million) 2016 – 2026
    • 7.5.Signal Recognition
      • 7.5.1.Global Neuromorphic Computing Market for Signal Recognition, Revenue (USD Million) 2016 – 2026
  • Chapter 8.Neuromorphic Computing Market – Industry Segment Analysis
    • 8.1.Global Neuromorphic Computing Market Overview: by Industry
      • 8.1.1.Global Neuromorphic Computing Market Revenue Share, by Industry, 2019 & 2026
    • 8.2.Into IT & Telecom
      • 8.2.1.Global Neuromorphic Computing Market for Into IT & Telecom, Revenue (USD Million) 2016 – 2026
    • 8.3.Medical
      • 8.3.1.Global Neuromorphic Computing Market for Medical, Revenue (USD Million) 2016 – 2026
    • 8.4.Consumer Electronics
      • 8.4.1.Global Neuromorphic Computing Market for Consumer Electronics, Revenue (USD Million) 2016 – 2026
    • 8.5.Aerospace & Defense
      • 8.5.1.Global Neuromorphic Computing Market for Aerospace & Defense, Revenue (USD Million) 2016 – 2026
    • 8.6.Automotive
      • 8.6.1.Global Neuromorphic Computing Market for Automotive, Revenue (USD Million) 2016 – 2026
    • 8.7.Industrial
      • 8.7.1.Global Neuromorphic Computing Market for Industrial, Revenue (USD Million) 2016 – 2026
    • 8.8.Others
      • 8.8.1.Global Neuromorphic Computing Market for Others, Revenue (USD Million) 2016 – 2026
  • Chapter 9.Neuromorphic Computing Market – Regional Analysis
    • 9.1.Global Neuromorphic Computing Market: Regional Overview
      • 9.1.1.Global Neuromorphic Computing Market Revenue Share, by Region, 2019 & 2026
      • 9.1.2.Global Neuromorphic Computing Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 9.2.North America
      • 9.2.1.North America Neuromorphic Computing Market Revenue, 2016 – 2026 (USD Million)
      • 9.2.2.North America Neuromorphic Computing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.2.3.North America Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
      • 9.2.4.North America Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.2.5. U.S.
        • 9.2.5.1. U.S. Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.2.5.2. U.S. Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.2.6.Canada
        • 9.2.6.1.Canada Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.2.6.2.Canada Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
    • 9.3.Europe
      • 9.3.1.Europe Neuromorphic Computing Market Revenue, 2016 – 2026 (USD Million)
      • 9.3.2.Europe Neuromorphic Computing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.3.3.Europe Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
      • 9.3.4.Europe Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.5.Germany
        • 9.3.5.1.Germany Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.5.2.Germany Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.6.France
        • 9.3.6.1.France Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.6.2.France Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.7. U.K.
        • 9.3.7.1. U.K. Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.7.2. U.K. Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.8.Italy
        • 9.3.8.1.Italy Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.8.2.Italy Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.9.Spain
        • 9.3.9.1.Spain Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.9.2.Spain Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.3.10.Rest of Europe
        • 9.3.10.1.Rest of Europe Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.3.10.2.Rest of Europe Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
    • 9.4.Asia Pacific
      • 9.4.1.Asia Pacific Neuromorphic Computing Market Revenue, 2016 – 2026 (USD Million)
      • 9.4.2.Asia Pacific Neuromorphic Computing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.4.3.Asia Pacific Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
      • 9.4.4.Asia Pacific Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.5.China
        • 9.4.5.1.China Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.5.2.China Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.6.Japan
        • 9.4.6.1.Japan Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.6.2.Japan Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.7.India
        • 9.4.7.1.India Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.7.2.India Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.8.South Korea
        • 9.4.8.1.South Korea Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.8.2.South Korea Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.9.South-East Asia
        • 9.4.9.1.South-East Asia Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.9.2.South-East Asia Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.4.10.Rest of Asia Pacific
        • 9.4.10.1.Rest of Asia Pacific Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.4.10.2.Rest of Asia Pacific Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
    • 9.5.Latin America
      • 9.5.1.Latin America Neuromorphic Computing Market Revenue, 2016 – 2026 (USD Million)
      • 9.5.2.Latin America Neuromorphic Computing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.5.3.Latin America Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
      • 9.5.4.Latin America Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.5.5.Brazil
        • 9.5.5.1.Brazil Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.5.5.2.Brazil Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.5.6.Mexico
        • 9.5.6.1.Mexico Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.5.6.2.Mexico Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.5.7.Rest of Latin America
        • 9.5.7.1.Rest of Latin America Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.5.7.2.Rest of Latin America Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and Africa Neuromorphic Computing Market Revenue, 2016 – 2026 (USD Million)
      • 9.6.2.The Middle-East and Africa Neuromorphic Computing Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.6.3.The Middle-East and Africa Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
      • 9.6.4.The Middle-East and Africa Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.6.5.GCC Countries
        • 9.6.5.1.GCC Countries Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.6.5.2.GCC Countries Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.6.6.South Africa
        • 9.6.6.1.South Africa Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.6.6.2.South Africa Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
      • 9.6.7.Rest of Middle-East Africa
        • 9.6.7.1.Rest of Middle-East Africa Neuromorphic Computing Market Revenue, by Application, 2016 – 2026
        • 9.6.7.2.Rest of Middle-East Africa Neuromorphic Computing Market Revenue, by Industry, 2016 – 2026
  • Chapter 10.Company Profiles
    • 10.1.Hewlett-Packard
      • 10.1.1.Company Overview
      • 10.1.2.Financial Overview
      • 10.1.3.Product Portfulio
      • 10.1.4.Business Strategy
      • 10.1.5.Recent Developments
    • 10.2.Samsung Electronics Co. Ltd.
    • 10.3.Intel Corporation
    • 10.4.HRL Laboratories
    • 10.5.Vicarious FPC Inc.
    • 10.6.Numenta Inc.
    • 10.7.CEA-Leti
    • 10.8.IBM Corporation
    • 10.9.Qualcomm Inc.
    • 10.1.Brain Corporation
    • 10.11.General Vision Inc.
    • 10.12.Knowm Inc.
    • 10.13.Applied Brain Research Inc.
    • 10.14.Others

Methodology


Frequently Asked Questions

The rise in the demand for artificial intelligence has triggered the global neuromorphic computing market. The global market is growing owing to the increase in demand for the brain and cognitive robots.

According to Zion Market Research, global demand for Neuromorphic Computing market is expected to generate revenue of around USD 654.16 Million by end of 2026, growing at a CAGR of around 48.91% between 2020 and 2026.

The region dominating the global neuromorphic computing market is North America. The countries such as Mexico, the U.S., and Canada are holding a major share in the global neuromorphic computing market.

Some main participants of the Neuromorphic Computing market are Hewlett-Packard, Samsung Electronics Co. Ltd., Intel Corporation, HRL Laboratories, Vicarious FPC, Inc., Numenta, Inc., CEA-Leti, IBM Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., Knowm Inc., and Applied Brain Research Inc., among others.
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