Competitive LandscapeAs the market for neuromorphic chips is...

Competitive Landscape
As the market for neuromorphic chips is very niche and in the initial phase of development, the market is shared by a few players such as BrainChip Holdings Ltd., Intel Corporation, Qualcomm Technologies Inc. and some others. In this consolidated market scenario, top players are growing intensely through various market development strategies such as collaboration, market expansion, product innovation, and research & development activities.
Some of the current strategies adopted by these players are:
March 2019: Qualcomm launched a new system on chip (SoC) integrated with AI to enhance smart audio and IoT applications. This AI enabled SoC will provide seamless voice assistance and other connectivity applications through power-optimized chip architecture. This new product innovation is anticipated to augment the market growth for the neuromorphic chip market in the coming years.
September 2017: Intel’s new self-learning chip promises to accelerate Artificial Intelligence. Intel introduced first-of-its-kind self-learning chip, codenamed Loihi. The Loihi research test chip includes digital circuits that mimic the brain’s basic mechanics, making machine learning faster and more efficient while requiring lower computing power.