[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Neuromorphic Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 143 pages | ID: N18EF931BFA4EN
IMARC Group

US$ 2,499.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global neuromorphic chip market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2028, exhibiting a growth rate (CAGR) of 16.6% during 2023-2028.

A neuromorphic chip is an application-specific integrated circuit (ASIC) microchip that is mainly designed to mimic the functions of the nervous system and human brain. It involves the utilization of software solutions and very-large-scale-integrated (VLSI) systems to imitate the human way of thinking and recognizing. Additionally, it is equipped with artificial synapses and neurons, which are manufactured using silicon that facilitates the system to process like a human brain. As a result, it finds extensive applications in robotics and neuroscience research.

Neuromorphic Chip Market Trends:
The global market is primarily driven by significant growth in the information technology (IT) industry. Along with this, continual technological advancements in the sector are creating a positive outlook for the market. For instance, the integration of artificial intelligence (AI), the Internet of Things (IoT) and advanced analytics with these microchips have positively contributed to the market growth across the globe. Moreover, the widespread adoption of neuromorphic chip-based computing systems to produce coronavirus disease (COVID-19) antibodies in a quick and accurate manner has contributed to the market growth on the global level. Furthermore, the increasing utilization of artificial intelligence (AI)-powered neuromorphic chips in the production of premium cars to build level 5 vehicle models is also positively influencing the market growth. The global market is further driven by the miniaturization of neuromorphic chips and the rising need for data governance. Some of the other factors contributing to the market growth include rapid digitization across multiple sectors and extensive research and development (R&D) activities conducted by key players to introduce improved product variants with enhanced features.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global neuromorphic chip market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on offering, application and end use industry.

Breakup by Offering:

Hardware
Software

Breakup by Application:

Image Recognition
Signal Recognition
Data Mining

Breakup by End Use Industry:

Aerospace and Defense
IT and Telecom
Automotive
Medical
Industrial
Consumer Electronics
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Applied Brain Research Inc., BrainChip Holdings Ltd., General Vision Inc., GrAI Matter Labs, Hewlett Packard Enterprise Development LP, HRL Laboratories LLC, Intel Corporation, International Business Machines Corporation, Qualcomm Technologies Inc., Samsung Electronics Co. Ltd. and SK hynix Inc.

Key Questions Answered in This Report
1. What was the size of the global neuromorphic chip market in 2022?
2. What is the expected growth rate of the global neuromorphic chip market during 2023-2028?
3. What are the key factors driving the global neuromorphic chip market?
4. What has been the impact of COVID-19 on the global neuromorphic chip market?
5. What is the breakup of the global neuromorphic chip market based on the offering?
6. What is the breakup of the global neuromorphic chip market based on the application?
7. What are the key regions in the global neuromorphic chip market?
8. Who are the key players/companies in the global neuromorphic chip market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL NEUROMORPHIC CHIP MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY OFFERING

6.1 Hardware
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Software
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Image Recognition
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Signal Recognition
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Data Mining
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY END USE INDUSTRY

8.1 Aerospace and Defense
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 IT and Telecom
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Automotive
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Medical
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Industrial
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Consumer Electronics
  8.6.1 Market Trends
  8.6.2 Market Forecast
8.7 Others
  8.7.1 Market Trends
  8.7.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Applied Brain Research Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 BrainChip Holdings Ltd.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3 General Vision Inc.
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 GrAI Matter Labs
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 Hewlett Packard Enterprise Development LP
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 HRL Laboratories LLC
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Intel Corporation
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 International Business Machines Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 Qualcomm Technologies Inc.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 Samsung Electronics Co. Ltd.
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
    14.3.10.4 SWOT Analysis
  14.3.11 SK hynix Inc.
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Neuromorphic Chip Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Neuromorphic Chip Market Forecast: Breakup by Offering (in Million US$), 2023-2028
Table 3: Global: Neuromorphic Chip Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Neuromorphic Chip Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Neuromorphic Chip Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Neuromorphic Chip Market: Competitive Structure
Table 7: Global: Neuromorphic Chip Market: Key Players

LIST OF FIGURES

Figure 1: Global: Neuromorphic Chip Market: Major Drivers and Challenges
Figure 2: Global: Neuromorphic Chip Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Neuromorphic Chip Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Neuromorphic Chip Market: Breakup by Offering (in %), 2022
Figure 5: Global: Neuromorphic Chip Market: Breakup by Application (in %), 2022
Figure 6: Global: Neuromorphic Chip Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Neuromorphic Chip Market: Breakup by Region (in %), 2022
Figure 8: Global: Neuromorphic Chip (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Neuromorphic Chip (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Neuromorphic Chip (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Neuromorphic Chip (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Neuromorphic Chip (Image Recognition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Neuromorphic Chip (Image Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Neuromorphic Chip (Signal Recognition) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Neuromorphic Chip (Signal Recognition) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Neuromorphic Chip (Data Mining) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Neuromorphic Chip (Data Mining) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Neuromorphic Chip (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Neuromorphic Chip (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Neuromorphic Chip (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Neuromorphic Chip (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Neuromorphic Chip (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Neuromorphic Chip (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Neuromorphic Chip (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Neuromorphic Chip (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Neuromorphic Chip (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Neuromorphic Chip (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Neuromorphic Chip (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Neuromorphic Chip (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Neuromorphic Chip (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Neuromorphic Chip (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Neuromorphic Chip Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Neuromorphic Chip Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Neuromorphic Chip Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Neuromorphic Chip Industry: SWOT Analysis
Figure 82: Global: Neuromorphic Chip Industry: Value Chain Analysis
Figure 83: Global: Neuromorphic Chip Industry: Porter's Five Forces Analysis


More Publications