Neuromorphic Computing Market Research Report: Industry Analysis and Forecast to 2030
According to the latest market research report title “Neuromorphic Computing Market By Component (Hardware, Software, Services), By Deployment (Cloud Computing, Edge Computing), By Application (Image Recognition, Signal Recognition, Data Mining, Others), By End User (Consumer Electronics, IT & Telecommunication, Aerospace & Defense, Healthcare, Industrial Manufacturing, Automotive, Others), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific)–Forecast to 2030″, published by MarkNtel Advisors, The Global Neuromorphic Computing Market is estimated to grow at a CAGR of around 81.1% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Neuromorphic Computing Market Opportunity:
Development of Real-time Training Algorithm for Neuromorphic Computing – The development of a real-time training algorithm for neuromorphic chips presents a significant opportunity for the growth of the Global Neuromorphic Computing Market. Researchers have been constantly focussing on the development of computing models that can learn from real-time inputs and improve their performance in data processing.
These training algorithms would be largely helpful in applications like autonomous vehicles, robotics, and AI systems in healthcare environments, where rapid decision-making & the ability to adapt to changing environments are critical. Consequently, the development of self-learning neuromorphic computing models would present significant growth in the expansion of the market in the coming years, as it is expected to enlarge the application areas of neuromorphic computing.
Neuromorphic Computing Market Segmentation
The Neuromorphic Computing Market is highly robust and fragmented into numerous segments;
By Deployment
-Cloud Computing- Market Size & Forecast 2019-2030, USD Million
-Edge Computing- Market Size & Forecast 2019-2030, USD Million
By Application
-Image Recognition- Market Size & Forecast 2019-2030, USD Million
-Signal Recognition- Market Size & Forecast 2019-2030, USD Million
-Data Mining- Market Size & Forecast 2019-2030, USD Million
-Others (Cognitive Computing, Neuroscience Research, etc.) – Market Size & Forecast 2019-2030, USD Million
By End User
-Consumer Electronics- Market Size & Forecast 2019-2030, USD Million
-IT & Telecommunication- Market Size & Forecast 2019-2030, USD Million
-Aerospace & Defense- Market Size & Forecast 2019-2030, USD Million
-Healthcare- Market Size & Forecast 2019-2030, USD Million
-Industrial Manufacturing- Market Size & Forecast 2019-2030, USD Million
-Automotive- Market Size & Forecast 2019-2030, USD Million
-Others (BFSI, Education, etc.) – Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Neuromorphic Computing Market: –
International Business Machines Corporation
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-Strategic Alliances or Partnerships
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Brain Corporation
-Business Description
-Technology Portfolio
-Strategic Alliances or Partnerships
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Prophesee S.A.
-Business Description
-Technology Portfolio
-Strategic Alliances or Partnerships
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Key Questions Answered:
- What is the projected CAGR of the Neuromorphic Computing Market during the forecast period?
- Which segment is expected to lead the Neuromorphic Computing Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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