What is the Expected Market Valuation of the Neuromorphic Chip Market?


Posted January 28, 2022 by Amruta75

What is the Expected Market Valuation of the Neuromorphic Chip Market?

 
Image recognition applications make extensive use of neuromorphic devices. Several issues related with picture identification procedures, such as low-contrast photos, blurred images, noisy images, image conversion to digital form, large-volume image storage, and others, have led to the development of efficient image processing and recognition algorithms in recent years. Through its parallel architecture, neuromorphic technology has solved various challenges connected to digital image processing. Pattern identification, face recognition, texture analysis, colour representation, and other aspects of image processing can all benefit from neuromorphic processors.

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The global neuromorphic chip market is estimated to be valued at US$ 3,834.6 million in 2021 and is expected to exhibit a CAGR of 22.3% over the forecast period (2021–2028).
Rising use of neuromorphic chips to resolve issues associated with digital image processing is one of the key trends in the market.

Major Key players in this Industry:
IBM Research, Inc., Knowm Inc., Intel Corp., BrainChip Holdings Ltd., General Vision Inc., HRL Laboratories, LLC, Qualcomm Technologies Inc., and Hewlett Packard Labs.
Key questions answered in the report:
What is the growth potential of the market?
Which product segment will take the industry share?
Which application segment will experience strong growth?
What growth opportunities might arise in the industry in the years to come?
What are the most significant challenges that the Neuromorphic Chip market could face in the future?
Who are the leading companies in the Neuromorphic Chip market?
What are the main trends that are positively impacting the growth of the market?
What growth strategies are the players considering to stay in the Neuromorphic Chip market?

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Table of Content of Global Neuromorphic Chip Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Neuromorphic Chip market
Chapter 2: Exclusive Summary - the basic information of the Neuromorphic Chip Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Neuromorphic Chip
Chapter 4: Presenting the Neuromorphic Chip Market Factor Analysis, Porter's Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End-User and Region/Country 2015–2020
Chapter 6: Evaluating the leading manufacturers of the Neuromorphic Chip market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/companies with revenue share and sales by key countries in these various regions (2021–2027)
Chapter 8 & 9: Displaying the Appendix, Methodology, and Data Source

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Last Updated January 28, 2022