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Neuromorphic Computing Market by Offering (Hardware, Software), Application (Image Recognition, Signal Recognition, Data Mining), Industry (Aerospace & Defense, IT & Telecom, Automotive, Medical & Industrial) and Geography - Global Forecast to 2022

Neuromorphic Computing Market by Offering (Hardware, Software), Application (Image Recognition, Signal Recognition, Data Mining), Industry (Aerospace & Defense, IT & Telecom, Automotive, Medical & Industrial) and Geography - Global Forecast to 2022

“Increasing adoption of software for various applications expected to drive the growth of the neuromorphic computing market”
The neuromorphic computing market is expected to grow from USD 6.6 million in 2016 to reach USD 272.9 million by 2022, at a CAGR of 86.0% during the forecast period. Increasing adoption of software, due to its applications such as continuous online learning, real-time data streaming, predictive analysis, and data modeling, in video monitoring, machine vision, and voice identification applications is expected to be a major driving factor for the growth of the market. Lack of R&D investments and lack of knowledge about neuromorphic computing among consumers are the major restraints of neuromorphic computing market.

“Image recognition application holds the largest share of the neuromorphic computing market for the aerospace & defense industry”
Image recognition application holds the largest share of the neuromorphic computing market for the aerospace. Various approaches to allow neuromorphic computing to learn algorithms are based on the image recognition technology. Aerospace & defense is the largest application area for image recognition since it is used for surveillance and security, tracking, and targeting and in drones. Growth in the market for image recognition is expected to be driven by the increasing adoption of drones and UAVs. Video monitoring and machine vision are the major factors driving the growth of the market for image recognition.

“Neuromorphic computing market in North America to grow at the highest rate in the coming years”
High awareness pertaining to the benefits of neuromorphic computing in various industries such as aerospace, military, & defense and medical is a major driver for the growth of the neuromorphic computing market in North America. The U.S. being the leading country in the adoption of artificial intelligence for machine learning, natural language processing (NLP), image processing, and speech recognition across industries such as healthcare and automotive & transportation is driving the growth of the neuromorphic computing market in North America.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profile of primary participants is given below:
By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
By Designation: C-Level Executives – 45%, Directors – 35%, and Managers – 20%
By Region: North America – 40%, Europe – 30%, APAC – 20%, and RoW – 10%

Major players operating in the neuromorphic computing market include IBM Corp. (U.S.), HP Corp. (U.S.), Samsung Electronics Ltd. (South Korea), Intel Corp. (U.S.), HRL Laboratories, LLC (U.S.), General Vision Inc. (U.S.), Applied Brain Research Inc. (U.S.), and BrainChip Holdings Ltd. (U.S.).

Reasons to Buy the Report:
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the neuromorphic computing market comprehensively and provides the closest approximations of the market sizes for the overall market and subsegments across the different applications, industries and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THIS STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • MARKET SHARE ESTIMATION
      • KEY INDUSTRY INSIGHTS
    • ASSUMPTIONS & LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE NEUROMORPHIC COMPUTING MARKET
    • NEUROMORPHIC COMPUTING MARKET, BY OFFERING
    • NEUROMORPHIC COMPUTING MARKET, BY APPLICATION
    • NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY
    • NEUROMORPHIC COMPUTING MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • NEUROMORPHIC COMPUTING MARKET, BY OFFERING
      • NEUROMORPHIC COMPUTING MARKET, BY APPLICATION
      • NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
        • Table SOFTWARE COMPARISON: CONVENTIONAL VS NEUROMORPHIC CHIPS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS OF THE NEUROMORPHIC COMPUTING MARKET, 2015
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • DEGREE OF COMPETITION
    • KEY TRENDS
      • Table TECHNOLOGICAL DEVELOPMENTS IN NEUROMORPHIC COMPUTING MARKET
  • NEUROMORPHIC COMPUTING MARKET, BY OFFERING
    • INTRODUCTION
      • Table NEUROMORPHIC COMPUTING MARKET, BY OFFERING, 2016-2022 (USD THOUSAND)
    • HARDWARE
      • Table NEUROMORPHIC COMPUTING HARDWARE MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING HARDWARE MARKET, BY REGION, 2016-2022 (USD THOUSAND)
    • SOFTWARE
      • Table NEUROMORPHIC COMPUTING SOFTWARE MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING SOFTWARE MARKET, BY REGION, 2016-2022 (USD THOUSAND)
  • NEUROMORPHIC COMPUTING MARKET, BY APPLICATION
    • INTRODUCTION
      • Table NEUROMORPHIC COMPUTING MARKET, BY APPLICATION, 2016-2022 (USD THOUSAND)
    • IMAGE RECOGNITION
      • Table NEUROMORPHIC COMPUTING MARKET FOR IMAGE RECOGNITION APPLICATIONS, BY TYPE, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR IMAGE RECOGNITION APPLICATIONS, BY OFFERING, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR IMAGE RECOGNITION APPLICATIONS, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR IMAGE RECOGNITION APPLICATIONS, BY GEOGRAPHY, 2016-2022 (USD THOUSAND)
    • SIGNAL RECOGNITION
      • Table NEUROMORPHIC COMPUTING MARKET FOR SIGNAL RECOGNITION APPLICATIONS, BY TYPE, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR SIGNAL RECOGNITION APPLICATIONS, BY OFFERING, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR SIGNAL RECOGNITION APPLICATIONS, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR SIGNAL RECOGNITION APPLICATIONS, BY GEOGRAPHY, 2016-2022 (USD THOUSAND)
    • DATA MINING
      • Table NEUROMORPHIC COMPUTING MARKET FOR DATA MINING APPLICATIONS, BY TYPE, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR DATA MINING APPLICATIONS, BY OFFERING, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR DATA MINING APPLICATIONS, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR DATA MINING APPLICATIONS, BY GEOGRAPHY, 2016-2022 (USD THOUSAND)
  • NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY, 2016-2022 (USD THOUSAND)
    • AEROSPACE & DEFENSE
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2016-2022 (USD THOUSAND)
    • IT & TELECOM
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE IT & TELECOM INDUSTRY, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE IT & TELECOM INDUSTRY, BY GEOGRAPHY, 2016-2022 (USD THOUSAND)
    • MEDICAL
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE MEDICAL INDUSTRY, BY APPLICATION, 2018-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE MEDICAL INDUSTRY, BY GEOGRAPHY, 2018-2022 (USD THOUSAND)
    • AUTOMOTIVE
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY APPLICATION, 2018-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE AUTOMOTIVE INDUSTRY, BY GEOGRAPHY, 2018-2022 (USD THOUSAND)
    • INDUSTRIAL
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE INDUSTRIAL SECTOR, BY APPLICATION, 2018-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE INDUSTRIAL SECTOR, BY GEOGRAPHY, 2018-2022 (USD THOUSAND)
    • OTHERS
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE OTHER INDUSTRIES, BY APPLICATION, 2018-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET FOR THE OTHER INDUSTRIES, BY GEOGRAPHY, 2018-2022 (USD THOUSAND)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table NEUROMORPHIC COMPUTING MARKET, BY REGION, 2016-2022 (USD THOUSAND)
    • NORTH AMERICA
      • Table NEUROMORPHIC COMPUTING MARKET IN NORTH AMERICA, BY COUNTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN NORTH AMERICA, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN NORTH AMERICA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • U.S.
        • Table NEUROMORPHIC COMPUTING MARKET IN THE U.S., BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • CANADA
        • Table NEUROMORPHIC COMPUTING MARKET IN CANADA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • MEXICO
        • Table NEUROMORPHIC COMPUTING MARKET IN MEXICO, BY INDUSTRY, 2016-2022 (USD THOUSAND)
    • EUROPE
      • Table NEUROMORPHIC COMPUTING MARKET IN EUROPE, BY COUNTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN EUROPE, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN EUROPE, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • GERMANY
        • Table NEUROMORPHIC COMPUTING MARKET IN GERMANY, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • U.K.
        • Table NEUROMORPHIC COMPUTING MARKET IN THE U.K., BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • FRANCE
        • Table NEUROMORPHIC COMPUTING MARKET IN FRANCE, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • ITALY
        • Table NEUROMORPHIC COMPUTING MARKET IN ITALY, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • SPAIN
        • Table NEUROMORPHIC COMPUTING MARKET IN SPAIN, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • REST OF EUROPE
        • Table NEUROMORPHIC COMPUTING MARKET IN REST OF EUROPE, BY INDUSTRY, 2016-2022 (USD THOUSAND)
    • APAC
      • Table NEUROMORPHIC COMPUTING MARKET IN APAC, BY COUNTRY, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN APAC, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN APAC, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • CHINA
        • Table NEUROMORPHIC COMPUTING MARKET IN CHINA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • JAPAN
        • Table NEUROMORPHIC COMPUTING MARKET IN JAPAN, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • SOUTH KOREA
        • Table NEUROMORPHIC COMPUTING MARKET IN SOUTH KOREA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • INDIA
        • Table NEUROMORPHIC COMPUTING MARKET IN INDIA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • REST OF APAC
        • Table NEUROMORPHIC COMPUTING MARKET IN REST OF APAC, BY INDUSTRY, 2016-2022 (USD THOUSAND)
    • ROW
      • Table NEUROMORPHIC COMPUTING MARKET IN ROW, BY REGION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN ROW, BY APPLICATION, 2016-2022 (USD THOUSAND)
      • Table NEUROMORPHIC COMPUTING MARKET IN ROW, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • MIDDLE EAST & AFRICA
        • Table NEUROMORPHIC COMPUTING MARKET IN THE MIDDLE EAST AND AFRICA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
      • SOUTH AMERICA
        • Table NEUROMORPHIC COMPUTING MARKET IN SOUTH AMERICA, BY INDUSTRY, 2016-2022 (USD THOUSAND)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • KEY PLAYERS IN THE NEUROMORPHIC COMPUTING MARKET
      • Table KEY PLAYERS' RANKING, 2015
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2015-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
      • BUSINESS OVERVIEW
        • Table IBM CORPORATION: FINANCIAL STATEMENT, 2013-2015
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HEWLETT PACKARD ENTERPRISE
      • BUSINESS OVERVIEW
        • Table HEWLETT PACKARD ENTERPRISE: FINANCIAL STATEMENT, 2013-2015
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAMSUNG ELECTRONICS LIMITED
      • BUSINESS OVERVIEW
        • Table SAMSUNG ELECTRONICS LIMITED: FINANCIAL STATEMENT, 2012-2014
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTEL CORP.
      • BUSINESS OVERVIEW
        • Table INTEL CORP.: FINANCIAL STATEMENT, 2013-2015
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HRL LABORATORIES, LLC
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • MNM VIEW
    • GENERAL VISION INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • APPLIED BRAIN RESEARCH, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
    • BRAINCHIP HOLDINGS LTD.
      • BUSINESS OVERVIEW
        • Table BRAINCHIP HOLDINGS LTD.: FINANCIAL STATEMENT, 2014-2015
      • PRODUCT OFFERINGS
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS

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