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Global Neural Processor Market Size study & Forecast, by Application (Fraud Detection, Hardware Diagnostics, Financial Forecasting, Image Optimization, Other Applications), by End User (BFSI, Healthcare, Retail, Defense Agencies, Media, Logistics, Others) and Regional Analysis, 2022-2029

April 2023 | 200 pages | ID: G249B121F59AEN
Bizwit Research & Consulting LLP

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Global Neural Processor Market is valued approximately USD 162.1 million in 2021 and is anticipated to grow with a healthy growth rate of more than 18.1% over the forecast period 2022-2029. Neural Processor is a specialized circuit that implements all the control and arithmetic logic required to run machine learning algorithms, often by working on predictive models like artificial neural networks or random forests. Neural processors can be built digitally or analogically. The Neural Processor market is expanding because of factors such as increasing adoption of machine learning and adoption of artificial intelligence. However, lack of skilled workforce may halt market growth.

According to the Statista, in 2021, the market for artificial intelligence was estimated at USD 15.84 billion. The source projected that the value would increase to more than USD 107.5 billion by 2028. Machine learning is a large market, encompassing the majority of AI software and projects. In line with this, the machine learning market is also the largest segment of the AI market. This market is expected to grow from around 22.6 billion U.S. dollars to nearly 126 billion U.S. dollars by 2025. Moreover, the market for quantum computing is likely to be the largest contributor to the market for quantum technologies, as optimistic forecasts suggest that the market revenue has the potential to amount to 93 billion U.S. dollars by 2040. Other segments in the market for quantum technologies include quantum sensing and quantum communications. However, the high cost of Neural Processor stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Neural Processor Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the dominance of exited key market players. According to the Statista, in 2022, the artificial intelligence (AI) market in North America is projected to be worth 24.9 billion U.S. dollars, making it a major AI regional market. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rapid adoption of AI to improve consumer services and reduce operational costs in the market space.

Major market player included in this report are:
Hewlett Packard Enterprise Development LP,
Samsung Electronics Co. Ltd.,
HRL Laboratories, LLC,
Applied Brain Research,
Aspinity, Inc.
Bitbrain Technologies,
Halo Neuroscience,
General Vision, Inc.,
BrainChip, Inc.,
BrainCo, Inc.

Recent Developments in the Market:
In Nov 2022 Renesas electronics is developing neuromorphic devices for TinyML. It is the latest generation of neural networks called spike neural networks (SNNs), their operation, and the hardware necessary to run those algorithms. And to showcase the variety of advantages SNNs have over conventional artificial neural networks.

In June 2022 Aspinity, , announced the commercial availability of the glass which has a five-year battery life and eliminates false alerts from normal household noises, integrating the AML100 with the company's custom glass break algorithms, to implement sensing, processing, and decision-making within the ultra-low-power analogue domain, eliminating the associated wastage of power.

Global Neural Processor Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Fraud Detection
Hardware Diagnostics
Financial Forecasting
Image Optimization
Other

By End User:
BFSI
Healthcare
Retail
Defense Agencies
Media
Logistics
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Neural Processor Market, by Region, 2019-2029 (USD Million)
  1.2.2. Neural Processor Market, by Application, 2019-2029 (USD Million)
  1.2.3. Neural Processor Market, by End User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL NEURAL PROCESSOR MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL NEURAL PROCESSOR MARKET DYNAMICS

3.1. Neural Processor Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing adoption of the machine learning
    3.1.1.2. Adoption of AI to improve consumer services and reduce operational cost
  3.1.2. Market Challenges
    3.1.2.1. Lack of skilled workforce
  3.1.3. Market Opportunities
    3.1.3.1. Advancements in formulation

CHAPTER 4. GLOBAL NEURAL PROCESSOR MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL NEURAL PROCESSOR MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Neural Processor Market by Application, Performance - Potential Analysis
6.3. Global Neural Processor Market Estimates & Forecasts by Application 2019-2029 (USD Million)
6.4. Neural Processor Market, Sub Segment Analysis
  6.4.1. Fraud Detection
  6.4.2. Hardware Diagnostics
  6.4.3. Financial Forecasting
  6.4.4. Image Optimization
  6.4.5. Other

CHAPTER 7. GLOBAL NEURAL PROCESSOR MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Neural Processor Market by End User, Performance - Potential Analysis
7.3. Global Neural Processor Market Estimates & Forecasts by End User 2019-2029 (USD Million)
7.4. Neural Processor Market, Sub Segment Analysis
  7.4.1. BFSI
  7.4.2. Healthcare
  7.4.3. Retail
  7.4.4. Defense Agencies
  7.4.5. Media
  7.4.6. Logistics
  7.4.7. Others

CHAPTER 8. GLOBAL NEURAL PROCESSOR MARKET, REGIONAL ANALYSIS

8.1. Neural Processor Market, Regional Market Snapshot
8.2. North America Neural Processor Market
  8.2.1. U.S. Neural Processor Market
    8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
    8.2.1.2. End User breakdown estimates & forecasts, 2019-2029
  8.2.2. Canada Neural Processor Market
8.3. Europe Neural Processor Market Snapshot
  8.3.1. U.K. Neural Processor Market
  8.3.2. Germany Neural Processor Market
  8.3.3. France Neural Processor Market
  8.3.4. Spain Neural Processor Market
  8.3.5. Italy Neural Processor Market
  8.3.6. Rest of Europe Neural Processor Market
8.4. Asia-Pacific Neural Processor Market Snapshot
  8.4.1. China Neural Processor Market
  8.4.2. India Neural Processor Market
  8.4.3. Japan Neural Processor Market
  8.4.4. Australia Neural Processor Market
  8.4.5. South Korea Neural Processor Market
  8.4.6. Rest of Asia Pacific Neural Processor Market
8.5. Latin America Neural Processor Market Snapshot
  8.5.1. Brazil Neural Processor Market
  8.5.2. Mexico Neural Processor Market
8.6. Rest of The World Neural Processor Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Hewlett Packard Enterprise Development LP
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Samsung Electronics Co. Ltd.,
  9.2.3. HRL Laboratories, LLC,
  9.2.4. Applied Brain Research,
  9.2.5. Aspinity, Inc.
  9.2.6. Bitbrain Technologies,
  9.2.7. Halo Neuroscience,
  9.2.8. General Vision, Inc.,
  9.2.9. BrainChip, Inc.,
  9.2.10. BrainCo, Inc.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Neural Processor Market, report scope
TABLE 2. Global Neural Processor Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Neural Processor Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 4. Global Neural Processor Market estimates & forecasts by End User 2019-2029 (USD Million)
TABLE 5. Global Neural Processor Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 6. Global Neural Processor Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Neural Processor Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Neural Processor Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Neural Processor Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Neural Processor Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Neural Processor Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Neural Processor Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Neural Processor Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Neural Processor Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. U.S. Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 17. U.S. Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. Canada Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. Canada Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. UK Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. UK Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. Germany Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. Germany Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. France Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. France Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. Italy Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. Italy Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Spain Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Spain Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. RoE Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. RoE Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. China Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. China Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. India Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. India Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. Japan Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. Japan Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. South Korea Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. South Korea Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. Australia Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. Australia Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. RoAPAC Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. RoAPAC Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. Brazil Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. Brazil Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Mexico Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Mexico Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. RoLA Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. RoLA Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. Row Neural Processor Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. Row Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Neural Processor Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Neural Processor Market
TABLE 70. List of primary sources, used in the study of global Neural Processor Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Neural Processor Market, research methodology
FIG 2. Global Neural Processor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Neural Processor Market, key trends 2021
FIG 5. Global Neural Processor Market, growth prospects 2022-2029
FIG 6. Global Neural Processor Market, porters 5 force model
FIG 7. Global Neural Processor Market, pest analysis
FIG 8. Global Neural Processor Market, value chain analysis
FIG 9. Global Neural Processor Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Neural Processor Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Neural Processor Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Neural Processor Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Neural Processor Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Neural Processor Market, regional snapshot 2019 & 2029
FIG 15. North America Neural Processor Market 2019 & 2029 (USD Million)
FIG 16. Europe Neural Processor Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Neural Processor Market 2019 & 2029 (USD Million)
FIG 18. Latin America Neural Processor Market 2019 & 2029 (USD Million)
FIG 19. Global Neural Processor Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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