Neuromorphic Computing Market: Factors Benefitting Emergence of New Entrants, Top Leading key Companies are IBM Corporation; Hewlett-Packard; Samsung Electronics Co. Ltd.; Intel Corporation; Qualcomm Inc.; Brain Corporation; General Vision Inc

PRESS RELEASE
Published February 24, 2023

 

Neuromorphic Computing Market” report is an in- depth analysis study offered which explains necessary aspects like competition, segmentation, and indigenous growth in inordinate detail. As a part of competitive analysis, the analysis study includes thorough company identification of leading players of the Neuromorphic Computing Industry.

Neuromorphic Computing Market report provides arising openings in the request and the unborn impact of major motorists and challenges and, support decision makers in making cost-effective business opinions. One of the objects of this report is to identify the rearmost developments, request shares, and strategies employed by the major request players. either, the least competitive request niches with significant growth eventuality are also linked. For exploration methodology, secondary exploration, primary exploration, subject matter expert advice, quality check, and final review was employed.

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Neuromorphic computing is the most recent advancement in the field of artificial intelligence (AI), with an emphasis on expanding AI into areas that mimic human cognition, such as autonomous adaptations, and interpretations. This technical advancement over AI based on neural networks and algorithms, where outputs have been primarily dependent on the trend that a certain data set has seen in the past, and where the issue statement lacks any human context.

Top Leading Key Companies:

The Leading Key Players are IBM Corporation; Hewlett-Packard; Samsung Electronics Co. Ltd.; Intel Corporation; Qualcomm Inc.; Brain Corporation; General Vision Inc.; HRL Laboratories; Vicarious; CEA-Leti, Knowm Inc.; And Numenta. and among others.

Leading companies in the Neuromorphic Computing Market are stressed in the disquisition, along with details on their product, company lives, profit, product prints, specifications, prices, capacities, and contact details. This paper includes discusses upstream raw paraphernalia, outfit, and a downstream demand check. also, this section aids in the analysis of the plans, advancements, and alliances established by significant players.

Recent Development of market:

  • In January 2023, IBM launched an energy-efficient AI chip built with 7nm technology. The AI hardware accelerator chip supports a variety of model types while achieving leading-edge power efficiency. The chip technology can be scaled and used for commercial applications to train large-scale models in the cloud to security and privacy efforts by bringing training closer to the edge and data closer to the source.
  • In October 2022, Intel announced a three-year agreement with Sandia National Laboratories (Sandia), US, to explore the value of neuromorphic computing for scaled-up computational problems. This agreement includes continued large-scale neuromorphic research on Intel’s upcoming next-generation neuromorphic architecture and the delivery of Intel’s largest neuromorphic research system to date, which could exceed more than 1 billion neurons in computational capacity.

Neuromorphic Computing Market Growth Factors

  • Rise in demand for artificial intelligence and machine learning technology
  • High usage of software in neuromorphic computing
  • Rise in demand for better performing integrated circuits (ICs) drive the neuromorphic computing market growth

Neuromorphic Computing Market Segment Analysis

  • By Offering (Hardware & Software)
  • By Deployment (Edge Computing & Cloud Computing)
  • By Application (Signal Processing, Image Processing, Data Processing, Object Detection)
  • By End Users (Aerospace, Military, & Defense, Automotive, Medical)

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Regional Analysis:

 North America (United States, Canada and Mexico)

 Europe (Germany, UK, France, Italy, Russia and Turkey, Rest of Europe)

 Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)

➸ South America (Brazil, Argentina, Columbia, Reset of South America)

➸ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and Rest of South Africa & Middle East)

Who will get the benefit of this report?

The report on the global Neuromorphic Computing sedulity is presented in a straightforward manner, the statistical perceptivity will help the user grasp the Market’s development patterns, vital factors, and any loopholes which may affect the request expansion. The bottommost study from Quince Market Insights Market perceptivity can help small & medium investors, equity enterprises, start- ups, and large manufacturers to understand the request. either, retailers, suppliers, and government agencies can also gain useful perceptivity from the disquisition study.

Highlights of the Neuromorphic Computing report:

  1. A complete backdrop analysis, which includes an assessment of the Neuromorphic Computing Market
  2. An objective assessment of the trajectory of the market
  3. Market segmentation up to the second or third level
  4. Reporting and evaluation of recent industry developments
  5. Important changes in market dynamics
  6. Emerging niche segments and regional markets
  7. Historical, current, and projected size of the market from the standpoint of both value and volume
  8. Market shares and strategies of key players
  9. Recommendations to companies for strengthening their foothold in the market

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