Self-Learning Neuromorphic Chip Market Research Report- Global Forecast 2027

Global Self-Learning Neuromorphic Chip Market, by Application (Image Recognition, Signal Recognition, Data Mining), by Vertical (Healthcare, Power & Energy, Automotive, Media & Entertainment, Aerospace & Defense, Smartphones, Consumer Electronics, Others) – Forecast 2027

ID: MRFR/SEM/2974-HCR | February 2021 | Region: Global | 100 pages

Please note that assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill sample form for updated data.

Market Synopsis of Self-Learning Neuromorphic Chip Market:
Market Scenario:
IBM a prominent player in neuromorphic chip market has designed a brain like neuromorphic chip. The chip functions better at image recognition, it is able to accurately classify data much more efficiently, from an energy perspective as compare to traditional processor architectures. The chip can be used in new applications such as mobile computing, IoT, robotics, autonomous cars, and HPC. Qualcomm a key and up-coming player in neuromorphic chip market. It has designed a Zeroth neuromorphic chip program. The company focuses on signing up researchers this year to test its latest technology. HRL Laboratories, LLC, announced that it will continue to develop innovative electronics products and solutions that simulate the cognitive capabilities of biological intelligence in the Defense Advanced Research Projects Agency’s (DARPA) Systems of Neuromorphic Adaptive Plastic Scalable Electronics, or SyNAPSE program. The company has also shared their views on up-coming neuromorphic technology. It stated that researchers in the company developed brain-like microcircuitry in hardware and also manufactures very low-power neuron CMOS circuits, that became the foundation for large-scale neuromorphic circuits.


North America region is dominating the global self-learning neuromorphic chip market with the largest market revenue. Owing to the presence of major market players, large market of image recognition and implementation of self-learning neuromorphic chip in numerous application such as wearables, consumer electronics, medical, aerospace and others is driving the market. Asia-Pacific region is expected to have fastest growth in the market due to the growing crime rate and increasing infrastructure development.


By application segment the signal recognition is expected to drive the market. The application segment consists of signal recognition, image recognition and data mining. The signal recognition technology can be used in commercial, healthcare, consumer electronics, automotive, aerospace and defense and industries. The advancements in image recognition technology and its application in numerous application such as portable devices, home automation, robotics and digital health is propelling the market. The chip is used in image sensor that compose of back side illumination is used in smartphones and tablet computer owing to its focus speed of 300ms or less and low lighting condition.


By vertical segment medical, automotive & transportation accounts for high market share. The major growth driver of self-learning neuromorphic chip market is artificial intelligence and machine learning technology is one of the significant factors aiding the market. However some factors such as lack of knowledge, complexity in designing chip and algorithm related to it are some of the important restraints that may hinder the market.


The self-learning neuromorphic chip market is expected to grow at approximately USD 2 Billion by 2023, at 27% of CAGR between 2017 and 2023.


 


Self-Learning Neuromorphic Chip Market
Self-Learning Neuromorphic Chip Market


Key Players:
The prominent players in the self-learning neuromorphic chip market are – IBM (U.S.), Qualcomm (U.S.), HRL Laboratories (U.S.), General Vision (U.S.), Numenta (U.S.), Hewlett-Packard (U.S.), Samsung Group (South Korea), Intel Corporation (U.S.), Applied Brain Research Inc. (U.S.), Brainchip Holdings Ltd. (U.S.) and others.



Segments:

Self-Learning Neuromorphic Chip market is segmented on the basis of application and vertical.



Self-Learning Neuromorphic Chip Market by Application:



  • Image Recognition

  • Signal Recognition

  • Data Mining



Self-Learning Neuromorphic Chip Market by Vertical:



  • Healthcare

  • Power & Energy

  • Automotive

  • Media & Entertainment

  • Aerospace & Defense

  • Smartphones

  • Consumer Electronics

  • Others



Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

  • Original Equipment Manufacturers



Frequently Asked Questions (FAQ) :


The global market of self-learning neuromorphic chip can expand at 27% CAGR and be worth of USD 2 Billion by 2023.

Intel Corporation (U.S.), Brainchip Holdings Ltd. (U.S.), and Applied Brain Research Inc. (U.S.) are some reputed names in the self-learning neuromorphic chip market,

Image recognition, data mining, and signal recognition providing gadgets use self-learning neuromorphic chip.

The surge in need for effective data classification across sectors to boost growth of self-learning neuromorphic chip market.

Increase in sales of wearables those have image recognition feature can prompt the self-learning neuromorphic chip market in North America.

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY APPLICATION

6.2.1.1 IMAGE RECOGNITION

6.2.1.2 SIGNAL RECOGNITION

6.2.1.3 DATA MINING

6.2.2 BY VERTICAL

6.2.2.1 HEALTHCARE

6.2.2.2 POWER & ENERGY

6.2.2.3 AUTOMOTIVE

6.2.2.4 MEDIA & ENTERTAINMENT

6.2.2.5 AEROSPACE & DEFENSE

6.2.2.6 SMARTPHONES

6.2.2.7 CONSUMER ELECTRONICS

6.2.2.8 OTHERS

6.2.3 BY GEOGRAPHY

6.2.3.1 NORTH AMERICA

6.2.3.2 EUROPE

6.2.3.3 ASIA-PACIFIC

6.2.3.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 IBM (U.S.)

7.2.2 QUALCOMM (U.S.)

7.2.3 HRL LABORATORIES (U.S.)

7.2.4 GENERAL VISION (U.S.)

7.2.5 NUMENTA (U.S.)

7.2.6 HEWLETT-PACKARD (U.S.)

7.2.7 SAMSUNG GROUP (SOUTH KOREA)

7.2.8 INTEL CORPORATION (U.S.)

7.2.9 APPLIED BRAIN RESEARCH INC. (U.S.)

7.2.10 BRAINCHIP HOLDINGS LTD. (U.S.)

7.2.11 OTHERS
LIST OF TABLES

TABLE 1 SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 2 SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 3 SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY REGION

TABLE 4 NORTH AMERICA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 5 NORTH AMERICA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 6 U.S. SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 7 U.S. SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 8 CANADA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 9 CANADA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 10 EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 11 EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 12 GERMANY SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 13 GERMANY SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 14 FRANCE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 15 FRANCE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 16 U.K. SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 17 U.K. SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 18 REST OF EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 19 REST OF EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 20 ASIA-PACIFIC SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 21 ASIA-PACIFIC SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

TABLE 22 REST OF THE WORLD SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION

TABLE 23 REST OF THE WORLD SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL

LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 SELF-LEARNING NEUROMORPHIC CHIP MARKET: BY APPLICATION (%)

FIGURE 3 SELF-LEARNING NEUROMORPHIC CHIP MARKET: BY VERTICAL (%)

FIGURE 4 SELF-LEARNING NEUROMORPHIC CHIP MARKET: BY REGION (%)

FIGURE 5 NORTH AMERICA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION (%)

FIGURE 6 NORTH AMERICA SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL (%)

FIGURE 7 EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION (%)

FIGURE 8 EUROPE SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL (%)

FIGURE 9 ASIA-PACIFIC SELF-LEARNING NEUROMORPHIC CHIP MARKET BY APPLICATION (%)

FIGURE 10 ASIA-PACIFIC SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL (%)

FIGURE 11 ROW SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY APPLICATION (%)

FIGURE 12 ROW SELF-LEARNING NEUROMORPHIC CHIP MARKET, BY VERTICAL (%)