Neuromorphic Chip Market Forecasts to 2028 – Global Analysis By Offering (Hardware, Software), Application (Image Recognition, Visual Processing, Pattern Recognition, Signal Recognition, Data Mining) and By Geography
According to Stratistics MRC, the Global Neuromorphic Chip Market is accounted for $22.50 million in 2020 and is expected to reach $449.47 million by 2028 growing at a CAGR of 45.4% during the forecast period. Factors such as developments in artificial intelligence (AI) and machine learning (ML) and increasing digitalization are driving the growth of the market. However, lack of proper awareness regarding advanced technologies is hampering the growth of the market.
Neuromorphic chips are digitally processed analog chips with a series of networks which are similar to human brain networks. These chips contain millions of neurons and synapses to augment self intelligence and are capable of manipulating data received through sensors.
Based on the end user, the automotive segment is anticipated to expand at a rapid pace during the forecast period owing to the rising popularity of high-end technologies like autonomous driving. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing investments into research activities which are associated with artificial intelligence.
Some of the key players profiled in the Neuromorphic Chip Market include IBM Corporation, Hewlett Packard Enterprise Development LP (HPE), Lockheed Martin Corporation, Samsung Electronics Co. Ltd, Intel Corporation, Qualcomm Technologies, Inc, SynSense AG, BrainChip Holdings Ltd, Nepes Corporation, Vicarious FPC Inc, Gyrfalcon Technology Inc, General Vision, Hrl Laboratories, LLC, GrAI Matter Labs, and SK Hynix Inc.
Classes Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
Neuromorphic chips are digitally processed analog chips with a series of networks which are similar to human brain networks. These chips contain millions of neurons and synapses to augment self intelligence and are capable of manipulating data received through sensors.
Based on the end user, the automotive segment is anticipated to expand at a rapid pace during the forecast period owing to the rising popularity of high-end technologies like autonomous driving. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing investments into research activities which are associated with artificial intelligence.
Some of the key players profiled in the Neuromorphic Chip Market include IBM Corporation, Hewlett Packard Enterprise Development LP (HPE), Lockheed Martin Corporation, Samsung Electronics Co. Ltd, Intel Corporation, Qualcomm Technologies, Inc, SynSense AG, BrainChip Holdings Ltd, Nepes Corporation, Vicarious FPC Inc, Gyrfalcon Technology Inc, General Vision, Hrl Laboratories, LLC, GrAI Matter Labs, and SK Hynix Inc.
Classes Covered:
- Biology-Based Learning Models
- Artificial Neural Networks
- Hardware
- Software
- Image Recognition
- Visual Processing
- Pattern Recognition
- Signal Recognition
- Data Mining
- Consumer Electronics
- Aerospace & Defense
- Industrial
- Automotive
- Medical
- Information Technology (IT) & Telecom
- Financial Services and Cybersecurity
- Smart Infrastructure & Education
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL NEUROMORPHIC CHIP MARKET, BY CLASS
5.1 Introduction
5.2 Biology-Based Learning Models
5.3 Artificial Neural Networks
6 GLOBAL NEUROMORPHIC CHIP MARKET, BY OFFERING
6.1 Introduction
6.2 Hardware
6.2.1 Processor
6.2.2 Memory
6.3 Software
7 GLOBAL NEUROMORPHIC CHIP MARKET, BY APPLICATION
7.1 Introduction
7.2 Image Recognition
7.3 Visual Processing
7.4 Pattern Recognition
7.5 Signal Recognition
7.6 Data Mining
8 GLOBAL NEUROMORPHIC CHIP MARKET, BY END USER
8.1 Introduction
8.2 Consumer Electronics
8.2.1 Facial Recognition
8.2.2 Gaming
8.3 Aerospace & Defense
8.3.1 Homeland Security
8.3.2 Law Enforcement
8.4 Industrial
8.4.1 Offshore Fish Inspection
8.4.2 Bottle Filling Level Inspection
8.4.3 Glass Surface Detect Detection
8.4.4 Robotics
8.4.5 Surveillance
8.4.6 Internet of Things (IoT) Ecosystem
8.5 Automotive
8.5.1 Target Tracking
8.5.2 Vehicle License Plate Recognition
8.5.3 Advanced Driver-Assistance Systems (ADAS)/Autonomous Vehicles
8.6 Medical
8.7 Information Technology (IT) & Telecom
8.8 Financial Services and Cybersecurity
8.9 Smart Infrastructure & Education
9 GLOBAL NEUROMORPHIC CHIP MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 IBM Corporation
11.2 Hewlett Packard Enterprise Development LP (HPE)
11.3 Lockheed Martin Corporation
11.4 Samsung Electronics Co. Ltd
11.5 Intel Corporation
11.6 Qualcomm Technologies, Inc
11.7 SynSense AG
11.8 BrainChip Holdings Ltd
11.9 Nepes Corporation
11.10 Vicarious FPC Inc
11.11 Gyrfalcon Technology Inc
11.12 General Vision
11.13 Hrl Laboratories, LLC
11.14 GrAI Matter Labs
11.15 SK Hynix Inc
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL NEUROMORPHIC CHIP MARKET, BY CLASS
5.1 Introduction
5.2 Biology-Based Learning Models
5.3 Artificial Neural Networks
6 GLOBAL NEUROMORPHIC CHIP MARKET, BY OFFERING
6.1 Introduction
6.2 Hardware
6.2.1 Processor
6.2.2 Memory
6.3 Software
7 GLOBAL NEUROMORPHIC CHIP MARKET, BY APPLICATION
7.1 Introduction
7.2 Image Recognition
7.3 Visual Processing
7.4 Pattern Recognition
7.5 Signal Recognition
7.6 Data Mining
8 GLOBAL NEUROMORPHIC CHIP MARKET, BY END USER
8.1 Introduction
8.2 Consumer Electronics
8.2.1 Facial Recognition
8.2.2 Gaming
8.3 Aerospace & Defense
8.3.1 Homeland Security
8.3.2 Law Enforcement
8.4 Industrial
8.4.1 Offshore Fish Inspection
8.4.2 Bottle Filling Level Inspection
8.4.3 Glass Surface Detect Detection
8.4.4 Robotics
8.4.5 Surveillance
8.4.6 Internet of Things (IoT) Ecosystem
8.5 Automotive
8.5.1 Target Tracking
8.5.2 Vehicle License Plate Recognition
8.5.3 Advanced Driver-Assistance Systems (ADAS)/Autonomous Vehicles
8.6 Medical
8.7 Information Technology (IT) & Telecom
8.8 Financial Services and Cybersecurity
8.9 Smart Infrastructure & Education
9 GLOBAL NEUROMORPHIC CHIP MARKET, BY GEOGRAPHY
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 KEY DEVELOPMENTS
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 COMPANY PROFILING
11.1 IBM Corporation
11.2 Hewlett Packard Enterprise Development LP (HPE)
11.3 Lockheed Martin Corporation
11.4 Samsung Electronics Co. Ltd
11.5 Intel Corporation
11.6 Qualcomm Technologies, Inc
11.7 SynSense AG
11.8 BrainChip Holdings Ltd
11.9 Nepes Corporation
11.10 Vicarious FPC Inc
11.11 Gyrfalcon Technology Inc
11.12 General Vision
11.13 Hrl Laboratories, LLC
11.14 GrAI Matter Labs
11.15 SK Hynix Inc
LIST OF TABLES
Table 1 Global Neuromorphic Chip Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Neuromorphic Chip Market Outlook, By Class (2019-2028) ($MN)
Table 3 Global Neuromorphic Chip Market Outlook, By Biology-Based Learning Models (2019-2028) ($MN)
Table 4 Global Neuromorphic Chip Market Outlook, By Artificial Neural Networks (2019-2028) ($MN)
Table 5 Global Neuromorphic Chip Market Outlook, By Offering (2019-2028) ($MN)
Table 6 Global Neuromorphic Chip Market Outlook, By Hardware (2019-2028) ($MN)
Table 7 Global Neuromorphic Chip Market Outlook, By Processor (2019-2028) ($MN)
Table 8 Global Neuromorphic Chip Market Outlook, By Memory (2019-2028) ($MN)
Table 9 Global Neuromorphic Chip Market Outlook, By Software (2019-2028) ($MN)
Table 10 Global Neuromorphic Chip Market Outlook, By Application (2019-2028) ($MN)
Table 11 Global Neuromorphic Chip Market Outlook, By Image Recognition (2019-2028) ($MN)
Table 12 Global Neuromorphic Chip Market Outlook, By Visual Processing (2019-2028) ($MN)
Table 13 Global Neuromorphic Chip Market Outlook, By Pattern Recognition (2019-2028) ($MN)
Table 14 Global Neuromorphic Chip Market Outlook, By Signal Recognition (2019-2028) ($MN)
Table 15 Global Neuromorphic Chip Market Outlook, By Data Mining (2019-2028) ($MN)
Table 16 Global Neuromorphic Chip Market Outlook, By End User (2019-2028) ($MN)
Table 17 Global Neuromorphic Chip Market Outlook, By Consumer Electronics (2019-2028) ($MN)
Table 18 Global Neuromorphic Chip Market Outlook, By Facial Recognition (2019-2028) ($MN)
Table 19 Global Neuromorphic Chip Market Outlook, By Gaming (2019-2028) ($MN)
Table 20 Global Neuromorphic Chip Market Outlook, By Aerospace & Defense (2019-2028) ($MN)
Table 21 Global Neuromorphic Chip Market Outlook, By Homeland Security (2019-2028) ($MN)
Table 22 Global Neuromorphic Chip Market Outlook, By Law Enforcement (2019-2028) ($MN)
Table 23 Global Neuromorphic Chip Market Outlook, By Industrial (2019-2028) ($MN)
Table 24 Global Neuromorphic Chip Market Outlook, By Offshore Fish Inspection (2019-2028) ($MN)
Table 25 Global Neuromorphic Chip Market Outlook, By Bottle Filling Level Inspection (2019-2028) ($MN)
Table 26 Global Neuromorphic Chip Market Outlook, By Glass Surface Detect Detection (2019-2028) ($MN)
Table 27 Global Neuromorphic Chip Market Outlook, By Robotics (2019-2028) ($MN)
Table 28 Global Neuromorphic Chip Market Outlook, By Surveillance (2019-2028) ($MN)
Table 29 Global Neuromorphic Chip Market Outlook, By Internet of Things (IoT) Ecosystem (2019-2028) ($MN)
Table 30 Global Neuromorphic Chip Market Outlook, By Automotive (2019-2028) ($MN)
Table 31 Global Neuromorphic Chip Market Outlook, By Target Tracking (2019-2028) ($MN)
Table 32 Global Neuromorphic Chip Market Outlook, By Vehicle License Plate Recognition (2019-2028) ($MN)
Table 33 Global Neuromorphic Chip Market Outlook, By Advanced Driver-Assistance Systems (ADAS)/Autonomous Vehicles (2019-2028) ($MN)
Table 34 Global Neuromorphic Chip Market Outlook, By Medical (2019-2028) ($MN)
Table 35 Global Neuromorphic Chip Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
Table 36 Global Neuromorphic Chip Market Outlook, By Financial Services and Cybersecurity (2019-2028) ($MN)
Table 37 Global Neuromorphic Chip Market Outlook, By Smart Infrastructure & Education (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Table 1 Global Neuromorphic Chip Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Neuromorphic Chip Market Outlook, By Class (2019-2028) ($MN)
Table 3 Global Neuromorphic Chip Market Outlook, By Biology-Based Learning Models (2019-2028) ($MN)
Table 4 Global Neuromorphic Chip Market Outlook, By Artificial Neural Networks (2019-2028) ($MN)
Table 5 Global Neuromorphic Chip Market Outlook, By Offering (2019-2028) ($MN)
Table 6 Global Neuromorphic Chip Market Outlook, By Hardware (2019-2028) ($MN)
Table 7 Global Neuromorphic Chip Market Outlook, By Processor (2019-2028) ($MN)
Table 8 Global Neuromorphic Chip Market Outlook, By Memory (2019-2028) ($MN)
Table 9 Global Neuromorphic Chip Market Outlook, By Software (2019-2028) ($MN)
Table 10 Global Neuromorphic Chip Market Outlook, By Application (2019-2028) ($MN)
Table 11 Global Neuromorphic Chip Market Outlook, By Image Recognition (2019-2028) ($MN)
Table 12 Global Neuromorphic Chip Market Outlook, By Visual Processing (2019-2028) ($MN)
Table 13 Global Neuromorphic Chip Market Outlook, By Pattern Recognition (2019-2028) ($MN)
Table 14 Global Neuromorphic Chip Market Outlook, By Signal Recognition (2019-2028) ($MN)
Table 15 Global Neuromorphic Chip Market Outlook, By Data Mining (2019-2028) ($MN)
Table 16 Global Neuromorphic Chip Market Outlook, By End User (2019-2028) ($MN)
Table 17 Global Neuromorphic Chip Market Outlook, By Consumer Electronics (2019-2028) ($MN)
Table 18 Global Neuromorphic Chip Market Outlook, By Facial Recognition (2019-2028) ($MN)
Table 19 Global Neuromorphic Chip Market Outlook, By Gaming (2019-2028) ($MN)
Table 20 Global Neuromorphic Chip Market Outlook, By Aerospace & Defense (2019-2028) ($MN)
Table 21 Global Neuromorphic Chip Market Outlook, By Homeland Security (2019-2028) ($MN)
Table 22 Global Neuromorphic Chip Market Outlook, By Law Enforcement (2019-2028) ($MN)
Table 23 Global Neuromorphic Chip Market Outlook, By Industrial (2019-2028) ($MN)
Table 24 Global Neuromorphic Chip Market Outlook, By Offshore Fish Inspection (2019-2028) ($MN)
Table 25 Global Neuromorphic Chip Market Outlook, By Bottle Filling Level Inspection (2019-2028) ($MN)
Table 26 Global Neuromorphic Chip Market Outlook, By Glass Surface Detect Detection (2019-2028) ($MN)
Table 27 Global Neuromorphic Chip Market Outlook, By Robotics (2019-2028) ($MN)
Table 28 Global Neuromorphic Chip Market Outlook, By Surveillance (2019-2028) ($MN)
Table 29 Global Neuromorphic Chip Market Outlook, By Internet of Things (IoT) Ecosystem (2019-2028) ($MN)
Table 30 Global Neuromorphic Chip Market Outlook, By Automotive (2019-2028) ($MN)
Table 31 Global Neuromorphic Chip Market Outlook, By Target Tracking (2019-2028) ($MN)
Table 32 Global Neuromorphic Chip Market Outlook, By Vehicle License Plate Recognition (2019-2028) ($MN)
Table 33 Global Neuromorphic Chip Market Outlook, By Advanced Driver-Assistance Systems (ADAS)/Autonomous Vehicles (2019-2028) ($MN)
Table 34 Global Neuromorphic Chip Market Outlook, By Medical (2019-2028) ($MN)
Table 35 Global Neuromorphic Chip Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
Table 36 Global Neuromorphic Chip Market Outlook, By Financial Services and Cybersecurity (2019-2028) ($MN)
Table 37 Global Neuromorphic Chip Market Outlook, By Smart Infrastructure & Education (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
