Where to from here?, page-589

The neuromorphic computing ecosystem consists of neuromorphic chips and software providers such as IBM Corp. (U.S.), Hewlett Packard Enterprise (U.S.), Samsung Group (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.).
According to the MarketsandMarkets forecast, the neuromorphic computing market is expected to grow from USD 6.6 Million in 2016 to USD 272.9 Million by 2022, at a CAGR of 86.0% between 2016 and 2022. The major factors driving the growth of the market include growth in the sensors market; rising demand for artificial intelligence and machine learning; increasing adoption of software in applications such as continuous online learning, real-time data streaming, predictive analysis, and data modelling; need for better performing ICs; growing demand for neuromorphic computing in applications such as video monitoring, machine vision, and voice identification; and the end of Moore’s law leading to new ways of computing.