Report Overview
The Neuromorphic Computing Market is expected to grow from US$0.17 billion in 2025 to US$1.04 billion in 2030, at a CAGR of 43.50%.
Neuromorphic computing refers to a computer engineering method modeled on the human brain and the nervous system. It has a wide range of applications in various industries like automotive, healthcare, and IT & Telecom among others. An increasing number of research projects coupled with innovation-driven collaborations among companies are projected to be the primary drivers in the market growth of neuromorphic computing. Additionally, the high energy efficiency attained while performing vast applicable operations of neuromorphic computing is also predicted to be a major contributor to the future market share increment.
Neuromorphic Computing Market Growth Drivers:
Energy efficiency, research projects & funding, and collaborations
The increasing number of research projects along with the funding and investments in technologies like artificial intelligence neuromorphic computing is anticipated to drive market growth in the future. The Human Brain Project, majorly funded by the European Union, is one of the major brain projects involved in the artificial computing of the human brain. As per the Human Brain Project, Specific Grant Agreement 3 (HBP SGA3) released by the European Commission, the EU contribution to the HBP SGA3 amounted to EUR 150 million. Also, the SGA3, which is the last of 4 phases, is expected to be completed by September 2023. Also, as per June 2022, a blog by Ericsson, the company and The Massachusetts Institute of Technology (MIT) have collaborated to research and unlock neuromorphic possibilities mainly in computational memory using lithionic memristive devices.
Neuromorphic Computing Market Scope:
| Report Metric | Details |
|---|---|
| Total Market Size in 2025 | USD 0.17 billion |
| Total Market Size in 2030 | USD 1.04 billion |
| Forecast Unit | Billion |
| Growth Rate | 43.50% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Segmentation | Application, Industry, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies |
|
Market Segmentation
Application
Industry
Geography
Geographical Segmentation
North America, South America, Europe, Middle East and Africa, Asia Pacific
Table of Contents
1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Oppurtunities
4.4. Porters Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
5. GLOBAL NEUROMORPHIC COMPUTING MARKET, BY APPLICATION
5.1. Introduction
5.2. Data Processing
5.3. Image Processing
5.4. Signal Processing
5.5. Object Processing
6. GLOBAL NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY
6.1. Introduction
6.2. IT & Telecom
6.3. Aerospace & Defense
6.4. Healthcare
6.5. Automotive
6.6. Others
7. GLOBAL NEUROMORPHIC COMPUTING MARKET, BY GEOGRAPHY
7.1. Introduction
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. The Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. UAE
7.4.3. Israel
7.4.4. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. South Korea
7.5.5. Taiwan
7.5.6. Thailand
7.5.7. Indonesia
7.5.8. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Intel Corporation
9.2. IBM
9.3. Hewlett Packard Enterprise Development LP
9.4. General Vision
9.5. Known Inc.
9.6. BrainChip Holdings Ltd
Request Customization
Tell us your specific requirements and we will customize this report for you.
Download Free Sample
Get a sample copy of this report with charts, TOC, and methodology.
Speak to Analyst
Ask our analysts any questions you have about this market research report.
Neuromorphic Computing Market Report
Trusted by the world's leading organizations
