The Neuromorphic Chips Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Neuromorphic Chips Market?
In recent years, the market size for neuromorphic chips has seen substantial growth. It is projected to increase from $0.68 billion in 2024 to $0.78 billion in 2025. This represents a compound annual growth rate (CAGR) of 14.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Neuromorphic Chips Industry?
The Neuromorphic Chips Global Market is anticipated to reach $1.24 billion by 2029, expanding at a compound annual growth rate (CAGR) of 12.4%.
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What are the Key Growth Drivers Fueling the Neuromorphic Chips Market?
The key drivers in the neuromorphic chips market are:
• Rising demand for neuromorphic computing within defense and aerospace sectors
• Increased investment in research and development by global companies
• Greater adoption of Internet of Things (IoT) and Machine-to-Machine (M2M) communication
• Increased demand for edge computing and use of neuromorphic hardware in robotics
Global Market Segmentation: Identifying Major Neuromorphic Chips Industry Segments
The neuromorphic chips market covered in this report is segmented –
1) By Components: Software, Hardware
2) By Function: Signal Processing, Data Processing, Image Recognition, Process optimization
3) By End Use Industry: Aerospace And Defense, Automotive, Healthcare, Industrial, Consumer Electronics, Other End User Industries
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What are the Emerging Trends Shaping the Future of the Neuromorphic Chips Market?
The key trends in the neuromorphic chips market are:
• Technological progression, particularly in artificial intelligence and machine learning, is shaping the future of the neuromorphic chips market.
• Increased research and development investments in the neuromorphic field are an emerging trend.
• The adoption of IoT and Machine-to-Machine (M2M) communication is becoming increasingly prevalent in this market.
• The use of neuromorphic hardware in robotics and a rising demand for edge computing are other notable trends.
Who Are the Top Competitors & Leading Players in the Neuromorphic Chips Market?
Major companies in the neuromorphic chips market are:
• Samsung Electronics Limited
• Lockheed Martin Corporation
• Intel Corp.
• International Business Machine Corporation
• IBM Corporation
• SK Hynix Inc.
• Qualcomm
• Hewlett Packard Enterprise
• Cadence Design Systems Inc.
• Nepes Corp.
• Nepes Corporation
• CEA Leti
• HRL Laboratories LLC
• Altium LLC
• SynSense AG
• Innatera
• Brain Corporation
• Vicarious FPC Inc.
• GrAI Matter Labs
• Gyrfalcon Technology Inc
• Ceryx Medical
• Brain chip Holdings Ltd.
• Numenta, Inc.
• Koniku
• Applied Brain Research, Inc.
• General Vision Inc.
• Knowm Inc.
Regional Dominance: Which Area Leads the Global Neuromorphic Chips Market?
North America was the largest region in the neuromorphic chips market in 2024
