The Neuromorphic Computing Market is expected to grow from US$171.340 million in 2025 to US$1,042.600 million 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.
List of Major Companies in the Neuromorphic Computing Market
Intel Corporation
IBM
Hewlett Packard Enterprise Development LP
General Vision
Known Inc.
Market Segmentation:
By Offering
Hardware
Software and Services
By Application
Data Processing
Image Processing
Signal Processing
Object Processing
By End-User Industry
Consumer Electronics
IT & Telecom
Aerospace & Defense
Healthcare
Automotive
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East And Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
Japan
India
South Korea
Taiwan
Thailand
Indonesia
Others
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