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Neuromorphic Chip Market | Industry Report, 2024 | Hexa Research PowerPoint PPT Presentation


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The neuromorphic chip market is expected to increase in its worth at very fast rate with the commercialization of the chips in the consumer markets. The current bottleneck that appears to withhold the potential of these chips may hinder its progress in wide scale use for some forthcoming years.

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Neuromorphic chip market industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Research on Neuromorphic Chip Market Size, Share, Industry

Analysis, Growth and Forecast to 2024 | Hexa Research

The traditional computing technology is struggling to keep up with the enormous

amount of data processing capabilities and the bandwidth expectations. This has led to

a need for a better computing technology being sought after by many industries. The

Neuromorphic Chips can provide and stand up to these expectations, originally the

brainchild of Carver Mead, the neuromorphic chips work on the basic idea of neural

networks of brain and the tremendous data crunching capabilities it brings with it. The

Neuromorphic technology has found its use in data analytics and machine learning and

holds the promise of unsupervised machine learning. The fundamental functioning of

neuromorphic chips depends on the pattern recognition and pattern learning to create

the artificial neural networks and ultimately artificial intelligence.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Neuromorphic chip market industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

The neuromorphic chips are a much sought after product due to its huge potential in

limiting the computing restraints. The big data players like Facebook and Google are

already handling these needs with similar traditional computers and chips. With the

ever rising data processing needs, this market may rise eventually to take over the

traditional platforms. Even today the chip market appears to be taking pace with some

vendors shipping neuromorphic chips, whereas some are still struggling to do so.

Browse Detail Report@

https://www.hexaresearch.com/upcoming-research/neuromorphic-chip-market

The neuromorphic chip market is expected to increase in its worth at very fast rate with

the commercialization of the chips in the consumer markets. The current bottleneck that

appears to withhold the potential of these chips may hinder its progress in wide scale

use for some forthcoming years.

Based on the functions that it caters to, the market of neuromorphic chips can be

classified into signal processing, data mining, image processing and others. Of these

the signal processing and the data mining application segment hold the largest

dominion in the market due to its widespread applications such as in the defense,

aerospace and industrial sector as well as the data analytics sector respectively. Yet it

is expected that the signal processing application sector may grow at the highest rate

amongst them as it find new usage and applications in various every day.

The segmentation of the neuromorphic chips on the basis of its applications provides us

with aerospace, automotive, defense, medical and other sectors. The aerospace

defense and military industries are expected to grow in upcoming years, but the

consumer industry may still be the largest shareholder of the market. The adoption

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Neuromorphic chip market industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

neuromorphic chips by many other industries and sectors may also increase in

foreseeable future.

On the basis of basis of region the neuromorphic chip market can be divided into seven

major zones, namely, North America, Asia Pacific, Europe, Middle East and Africa and

Latin America. Of these the North America region holds the largest share of market

fueled by the defense and aerospace industry requirements followed by the Asia Pacific

region. The future demands of neuromorphic chips maybe fueled by Internet of Things

and hence the Asia Pacific region holds a great promise for the market growth. Country

wise, the United States, China, Germany and South Korea are expected to be the major

markets and also may witness large amount of compound growth.

Some of the key players in the neuromorphic market are, Intel Corp. (U.S.),

International Business Machine Corporation (U.S), Qualcomm Inc.(U.S), Hewlett

Packard Corp.(U.S), Lockheed Martin Corporation (U.S), General Vision Inc.(U.S),

Brain Corporation (U.S), HRL Laboratories LLC (U.S), Vicarious FPC Inc.(U.S) among

others.

The leading organizations in the market have adopted various strategies to gain ground

in this race and gain a competetive advantage like, partnerships, mergers and

acquisitions, new product launches.

IBM has come up with a product named TrueNorth with a million strong neurons and

4096 core processors in the year 2016, that simulates the way a brain functions and is

one of its kind.

General Vision has licensed its Intellectual property rights to Intel Inc. for the production

of its Curie Module. It features a 32-bit Quark processor with General Vision’s pattern

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Neuromorphic chip market industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

matching intellectual property. This may bring out neuromorphic chips in broader

markets like fitness trackers and other wearables.

Qualcomm Inc. is developing its Zeroth platform, a cognitive computing and machine

learning platform. This platform being developed from 2014 has already enabled the

making of Snapdragon 820, the ultimate GPU with Kryo core architecture that may

increase performance higher than 40% and is awaited commercialization.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/next-generation-technologies-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We offer

comprehensive business intelligence in the form of industry reports which help our clients obtain

clarity about their business environment and enable them to undertake strategic growth

initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: [email protected]

Website - http://www.hexaresearch.com/

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Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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