The Neuromorphic Computing market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neuromorphic computing market include IBM Corporation, Hewlett Packard, Samsung Electronics Co. Ltd., Intel Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., HRL Laboratories, Vicarious, CEA-Leti, Knowm Inc., Numenta. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The major factors that are boosting the neuromorphic computing market include growing demand for artificial intelligence & machine learning, and increasing demand for automation, non-linear controls, robotics, image processing and language processing using artificial intelligence. Furthermore growing adoption for mobile and cloud-based computer technology is propelling the neuromorphic computing market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of neuromorphic computing.
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Market Segmentation
The entire neuromorphic computing market has been sub-categorized into application and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Application
· Signal Processing
· Image Processing
· Data Processing
· Object Detection
· Others
By End-Use
· Consumer Electronics
· Automotive
· Healthcare
· Military &Defense
· Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for neuromorphic computing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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Neuromorphic Computing Market HighlightsGlobal Neuromorphic Computing Market was valued at USD 42.08 Million in 2018 and is estimated to reach a market value of USD 648.40 Million by 2025 growing at a CAGR of 49.92% during the forecast period 2019–2025.The report covers valuable insights on Neuromorphic Computing market revenue, SWOT Analysis, market share, profit estimation, and regional landscape of this business vertical.The Global Neuromorphic Computing Market is growing at a significant rate, and the trend is expected to continue during the forecast period.
The key players operating in the global neuromorphic computing market are heavily investing to offer enhanced computing capabilities and lower the power consumption with the help of neuromorphic chips.Get Free Sample copy at: https://www.marketresearchfuture.com/sample_request/5110Regional AnalysisGlobally, the Neuromorphic Computing Market has been categorized into four different regions, namely North America, Europe, Asia-Pacific, and the rest of the world (the Middle East and Africa and South America).North America accounted for the largest market share in 2018, with a market value of USD 36.39 Million; the market is expected to register the highest CAGR of 50.06% during the forecast period.
The North American region, based on country, has been segmented into the US, Canada, and Mexico.Europe is expected to register steady growth in the global neuromorphic computing market during the forecast period owing to the rising adoption of AI, machine learning, and IoT-based systems in various industries such as automotive, IT & telecom, aerospace and defense, and others.
The region by country has been segmented into the UK, Germany, France, Spain, Italy, and the rest of Europe.The Asia-Pacific region accounted for a significant share in the neuromorphic computing market due to the increasing adoption of AI, data analytics, IoT, and other technologies and solutions; reduce human efforts; and increase the efficiency of the process.
The increasing demand for these technologies has increased the requirement of fast processors and networks with high computing power resulting in the growing demand for neuromorphic computing.
Based on the country, the region has been segmented as China, Japan, India, Australia, and the rest of Asia-Pacific.The rest of the world accounted for the fourth position in 2018 in the global neuromorphic computing market.
