Neuromorphic Chip Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Neuromorphic Chip Market is valued at USD 1.952 Billion in 2020, and is expected to reach USD 7.388 Billion in 2028, registering a CAGR of 24% over the forecast period 2022 – 2028.

Neuromorphic chips allow you to take advantage of a number of benefits such as high speed, low power consumption, cognitive computing and optimal memory usage. Additionally, the chip finds high applications in aerial surveillance, satellite imaging, audio and signal processing. There has been considerable demand in various industries such as consumer electronics, automotive, robotics, military and defense.

Company Profile

• Applied Brain Research, Inc.
• BrainChip Holdings Ltd.
• General Vision.
• HRL Laboratories, LLC.
• HP Development Company, L.P.
• IBM Corporation.
• Intel Corporation.
• Lockheed Martin Corporation.

Market Segmentation

By Offering

• Hardware
• Software

By Application

• Image Recognition
• Signal Recognition
• Data Mining

By Industry

• Aerospace & Defense
• Consumer Electronics
• Medical
• Automotive
• Industrial

Scope of the Report

The research study analyzes the global Neuromorphic Chip industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 
Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Neuromorphic Chip Market Report

1. What was the Neuromorphic Chip Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Neuromorphic Chip Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Neuromorphic Chip Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.