Global Neuromorphic Computing Market Growth (Status and Outlook) 2023-2029

Global Neuromorphic Computing Market Growth (Status and Outlook) 2023-2029

Neuromorphic computing utilizes an engineering approach or method based on the activity of the biological brain. This type of approach can make technologies more versatile and adaptable, and promote more vibrant results than other types of traditional architectures, for instance, the von Neumann architecture that is so useful in traditional hardware design.
LPI (LP Information)' newest research report, the “Neuromorphic Computing Industry Forecast” looks at past sales and reviews total world Neuromorphic Computing sales in 2022, providing a comprehensive analysis by region and market sector of projected Neuromorphic Computing sales for 2023 through 2029. With Neuromorphic Computing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Neuromorphic Computing industry.
This Insight Report provides a comprehensive analysis of the global Neuromorphic Computing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Neuromorphic Computing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Neuromorphic Computing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Neuromorphic Computing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Neuromorphic Computing.
The global Neuromorphic Computing market size is projected to grow from US$ 28 million in 2022 to US$ 668.7 million in 2029; it is expected to grow at a CAGR of 57.1% from 2023 to 2029.
Leading manufacturers in the sector are Intel, IBM and BrainChip Holdings, which accounted for 16.55%, 12.33% and 12.24% of revenue in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Neuromorphic Computing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Segmentation by application
IT and Communication
Aerospace Defense
Medical
Automotive
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intel
IBM
BrainChip Holdings
Qualcomm
Eta Compute
General Vision
Samsung Electronics
Hewlett Packard Labs
Applied Brain Research
GrAI Matter Labs

Please note: The report will take approximately 2 business days to prepare and deliver.